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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMay 16, 2025
DataAggregated Company Financials
Companies3958
  • 7D1.3%
  • 3M-0.3%
  • 1Y0.4%
  • YTD-0.05%

Over the last 7 days, the market has risen 1.3%, driven by gains in the Financials and Information Technology sectors of 4.9% and 4.5%, respectively. In contrast, the Healthcare sector is lagging, dropping 5.2%. In the last 12 months, the market has been flat. Earnings are forecast to grow by 7.6% annually.

Market Valuation and Performance

Has the Japanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 May 2025JP¥954.7tJP¥1027.2tJP¥63.6t13.1x15x0.9x
Sun, 13 Apr 2025JP¥865.2tJP¥1021.6tJP¥64.3t12.2x13.5x0.8x
Tue, 11 Mar 2025JP¥939.9tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Thu, 06 Feb 2025JP¥955.3tJP¥1012.7tJP¥63.2t13.4x15.1x0.9x
Sat, 04 Jan 2025JP¥971.2tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Mon, 02 Dec 2024JP¥936.3tJP¥1008.8tJP¥61.8t13.4x15.1x0.9x
Wed, 30 Oct 2024JP¥942.5tJP¥1001.9tJP¥60.1t13.3x15.7x0.9x
Fri, 27 Sep 2024JP¥957.9tJP¥1000.0tJP¥60.1t13.7x15.9x1x
Sun, 25 Aug 2024JP¥946.4tJP¥999.4tJP¥59.9t13.4x15.8x0.9x
Tue, 23 Jul 2024JP¥992.2tJP¥987.7tJP¥58.6t14.4x16.9x1x
Thu, 20 Jun 2024JP¥961.6tJP¥989.0tJP¥58.6t14.2x16.4x1x
Sat, 18 May 2024JP¥969.5tJP¥985.1tJP¥58.2t14.1x16.7x1x
Mon, 15 Apr 2024JP¥978.6tJP¥974.7tJP¥56.9t14.7x17.2x1x
Wed, 13 Mar 2024JP¥949.4tJP¥975.9tJP¥56.9t14.4x16.7x1x
Fri, 09 Feb 2024JP¥917.8tJP¥971.7tJP¥54.3t14.6x16.9x0.9x
Sun, 07 Jan 2024JP¥863.1tJP¥971.1tJP¥52.4t14.3x16.5x0.9x
Tue, 05 Dec 2023JP¥857.8tJP¥977.5tJP¥53.1t14.2x16.1x0.9x
Thu, 02 Nov 2023JP¥840.4tJP¥972.3tJP¥55.9t13.8x15x0.9x
Sat, 30 Sep 2023JP¥846.6tJP¥971.6tJP¥55.3t14.3x15.3x0.9x
Mon, 28 Aug 2023JP¥827.5tJP¥971.1tJP¥55.2t13.9x15x0.9x
Wed, 26 Jul 2023JP¥834.7tJP¥958.0tJP¥50.6t14.1x16.5x0.9x
Fri, 23 Jun 2023JP¥838.6tJP¥959.3tJP¥51.1t14x16.4x0.9x
Sun, 21 May 2023JP¥791.6tJP¥958.9tJP¥50.9t13.5x15.5x0.8x
Tue, 18 Apr 2023JP¥745.4tJP¥935.1tJP¥46.6t13x16x0.8x
Thu, 16 Mar 2023JP¥721.8tJP¥933.7tJP¥46.7t12.7x15.5x0.8x
Sat, 11 Feb 2023JP¥731.5tJP¥922.5tJP¥47.0t12.7x15.5x0.8x
Mon, 09 Jan 2023JP¥694.0tJP¥902.1tJP¥49.1t12x14.1x0.8x
Wed, 07 Dec 2022JP¥723.2tJP¥902.7tJP¥49.1t12.4x14.7x0.8x
Fri, 04 Nov 2022JP¥721.4tJP¥877.2tJP¥45.8t12.4x15.7x0.8x
Sun, 02 Oct 2022JP¥686.3tJP¥863.3tJP¥45.6t12.2x15x0.8x
Tue, 30 Aug 2022JP¥725.2tJP¥864.2tJP¥45.6t12.7x15.9x0.8x
Thu, 28 Jul 2022JP¥725.5tJP¥837.4tJP¥48.2t12.8x15x0.9x
Sat, 25 Jun 2022JP¥696.2tJP¥839.1tJP¥49.5t12.3x14.1x0.8x
Mon, 23 May 2022JP¥698.4tJP¥836.9tJP¥49.5t12.2x14.1x0.8x
Price to Earnings Ratio

14.1x


Total Market Cap: JP¥698.4tTotal Earnings: JP¥49.5tTotal Revenue: JP¥836.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.6x202320242025
Current Market PE
  • Investors are relatively neutral on the Japanese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 15.6x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 8.7% per year over the last three years.
  • Revenues for these companies have grown 7.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Japanese Market?

JP Market1.29%
Financials4.94%
Tech4.49%
Materials2.47%
Energy1.87%
Industrials1.61%
Consumer Discretionary0.70%
Telecom-0.26%
Utilities-0.88%
Real Estate-1.29%
Consumer Staples-1.30%
Healthcare-5.23%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 22.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings growth of 11.3% per year.
  • The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 13% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Utilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
8306 Mitsubishi UFJ Financial GroupJP¥1.95k7.7%
+JP¥1.6t
25.6%PB1.1xFinancials
8058 MitsubishiJP¥2.89k4.6%
+JP¥497.2b
-14.4%PE11.8xIndustrials
4063 Shin-Etsu ChemicalJP¥4.68k5.5%
+JP¥482.2b
-19.8%PE17.2xMaterials
9984 SoftBank GroupJP¥7.74k4.4%
+JP¥463.0b
-9.5%PE9.8xTelecom
6146 DiscoJP¥35.13k13.2%
+JP¥445.5b
-37.3%PE30.7xTech
See more
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8306

JP¥1,950.50

Mitsubishi UFJ Financial Group

7D

7.7%

1Y

25.6%

9433

JP¥2,589.00

KDDI

7D

-2.8%

1Y

19.5%

7203

JP¥2,646.00

Toyota Motor

7D

-2.7%

1Y

-23.0%

6273

JP¥53,360.00

SMC

7D

12.6%

1Y

-34.8%

6201

JP¥16,400.00

Toyota Industries

7D

-5.5%

1Y

10.6%

6857

JP¥7,268.00

Advantest

7D

8.6%

1Y

31.2%

4063

JP¥4,681.00

Shin-Etsu Chemical

7D

5.5%

1Y

-19.8%

4519

JP¥7,516.00

Chugai Pharmaceutical

7D

-8.6%

1Y

50.1%