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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedOct 25, 2025
DataAggregated Company Financials
Companies3948
  • 7D3.2%
  • 3M10.6%
  • 1Y23.9%
  • YTD18.6%

Over the last 7 days, the market has risen 3.2%, driven by gains in every sector, especially the Industrials sector. As for the past 12 months, the market is up 24%. Earnings are forecast to grow by 8.1% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Oct 2025JP¥1117.8tJP¥1025.7tJP¥59.8t14.6x18.7x1.1x
Tue, 23 Sep 2025JP¥1089.1tJP¥1026.6tJP¥59.8t14.8x18.2x1.1x
Thu, 21 Aug 2025JP¥1069.2tJP¥1026.9tJP¥59.8t14.4x17.9x1x
Sat, 19 Jul 2025JP¥977.4tJP¥1021.1tJP¥62.0t13.5x15.8x1x
Mon, 16 Jun 2025JP¥959.2tJP¥1033.9tJP¥63.7t13x15.1x0.9x
Wed, 14 May 2025JP¥966.3tJP¥1026.3tJP¥64.3t13.2x15x0.9x
Fri, 11 Apr 2025JP¥887.5tJP¥1022.7tJP¥64.2t12.3x13.8x0.9x
Sun, 09 Mar 2025JP¥942.1tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Tue, 04 Feb 2025JP¥947.3tJP¥1011.9tJP¥63.0t13.4x15x0.9x
Thu, 02 Jan 2025JP¥971.4tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Sat, 30 Nov 2024JP¥936.2tJP¥1008.6tJP¥61.8t13.4x15.1x0.9x
Mon, 28 Oct 2024JP¥919.6tJP¥1001.7tJP¥60.1t13x15.3x0.9x
Wed, 25 Sep 2024JP¥936.4tJP¥1000.0tJP¥60.1t13.4x15.6x0.9x
Fri, 23 Aug 2024JP¥941.8tJP¥999.4tJP¥59.9t13.3x15.7x0.9x
Sun, 21 Jul 2024JP¥1003.2tJP¥987.6tJP¥58.6t14.5x17.1x1x
Tue, 18 Jun 2024JP¥951.8tJP¥989.0tJP¥58.6t14x16.2x1x
Thu, 16 May 2024JP¥965.0tJP¥980.6tJP¥57.7t14.3x16.7x1x
Sat, 13 Apr 2024JP¥979.0tJP¥974.7tJP¥56.9t14.8x17.2x1x
Mon, 11 Mar 2024JP¥972.0tJP¥975.9tJP¥56.9t14.6x17.1x1x
Wed, 07 Feb 2024JP¥909.9tJP¥968.6tJP¥53.2t14.7x17.1x0.9x
Fri, 05 Jan 2024JP¥859.2tJP¥971.1tJP¥52.4t14.3x16.4x0.9x
Sun, 03 Dec 2023JP¥863.7tJP¥977.5tJP¥53.1t14.2x16.3x0.9x
Tue, 31 Oct 2023JP¥812.7tJP¥971.6tJP¥55.4t13.5x14.7x0.8x
Thu, 28 Sep 2023JP¥865.4tJP¥971.5tJP¥55.3t14.5x15.7x0.9x
Sat, 26 Aug 2023JP¥827.6tJP¥971.1tJP¥55.2t13.9x15x0.9x
Mon, 24 Jul 2023JP¥826.5tJP¥957.9tJP¥50.6t14x16.3x0.9x
Wed, 21 Jun 2023JP¥834.7tJP¥959.3tJP¥51.1t14x16.3x0.9x
Fri, 19 May 2023JP¥789.5tJP¥959.4tJP¥51.0t13.5x15.5x0.8x
Sun, 16 Apr 2023JP¥742.8tJP¥935.1tJP¥46.6t13x15.9x0.8x
Tue, 14 Mar 2023JP¥736.2tJP¥933.6tJP¥46.7t12.8x15.8x0.8x
Thu, 09 Feb 2023JP¥730.1tJP¥917.1tJP¥47.8t12.6x15.3x0.8x
Sat, 07 Jan 2023JP¥694.1tJP¥902.1tJP¥49.1t12x14.1x0.8x
Mon, 05 Dec 2022JP¥724.8tJP¥902.7tJP¥49.1t12.5x14.8x0.8x
Wed, 02 Nov 2022JP¥722.3tJP¥871.6tJP¥45.7t12.4x15.8x0.8x
Price to Earnings Ratio

15.8x


Total Market Cap: JP¥722.3tTotal Earnings: JP¥45.7tTotal Revenue: JP¥871.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.9x202320242025
Current Market PE
  • Investors are optimistic on the Japanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 18.7x which is higher than its 3-year average PE of 15.9x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 5.6% 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 Market3.16%
Energy6.15%
Tech4.48%
Consumer Discretionary3.91%
Industrials3.85%
Telecom2.67%
Materials2.64%
Financials2.03%
Healthcare1.75%
Real Estate1.72%
Consumer Staples1.34%
Utilities0.48%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings growth of 10.5% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 3.1% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 2.9% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
7203 Toyota MotorJP¥3.13k6.6%
+JP¥2.5t		20.3%PE9.5xConsumer Discretionary
9984 SoftBank GroupJP¥23.88k3.7%
+JP¥1.2t		172.9%PE19.6xTelecom
285A Kioxia HoldingsJP¥8.78k33.8%
+JP¥1.2t		n/aPE21.4xTech
9983 Fast RetailingJP¥55.34k7.3%
+JP¥1.2t		11.0%PE39.2xConsumer Discretionary
8411 Mizuho Financial GroupJP¥4.89k6.9%
+JP¥785.5b		58.3%PB1.2xFinancials
See more

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6736
JP¥9,630.00
Sun
7D
-16.2%
1Y
24.6%
285A
JP¥8,780.00
Kioxia Holdings
7D
33.8%
1Y
n/a
8411
JP¥4,885.00
Mizuho Financial Group
7D
6.9%
1Y
58.3%
6723
JP¥1,843.50
Renesas Electronics
7D
-4.1%
1Y
-8.5%
7203
JP¥3,127.00
Toyota Motor
7D
6.6%
1Y
20.3%

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2914
JP¥4,971.00
Japan Tobacco
7D
-0.7%
1Y
21.6%

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6098
JP¥7,930.00
Recruit Holdings
7D
6.9%
1Y
-12.5%

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Oct 18
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8136
JP¥7,198.00
Sanrio Company
7D
-5.5%
1Y
80.0%

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8001
JP¥8,750.00
ITOCHU
7D
4.8%
1Y
17.3%

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9984
JP¥23,880.00
SoftBank Group
7D
3.7%
1Y
172.9%

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5713
JP¥5,094.00
Sumitomo Metal Mining
7D
-6.5%
1Y
21.2%

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9983
JP¥55,340.00
Fast Retailing
7D
7.3%
1Y
11.0%

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Oct 11
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9501
JP¥748.90
Tokyo Electric Power Company Holdings
7D
-5.2%
1Y
26.2%
6861
JP¥60,990.00
Keyence
7D
3.8%
1Y
-5.9%
8766
JP¥5,941.00
Tokio Marine Holdings
7D
-0.6%
1Y
9.1%

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4661
JP¥3,488.00
Oriental Land
7D
-2.8%
1Y
-0.7%