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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedOct 11, 2025
DataAggregated Company Financials
Companies3949
  • 7D2.1%
  • 3M12.6%
  • 1Y17.2%
  • YTD15.9%

The market is up 2.1% in the last 7 days, led by the Industrials and all sectors gaining ground. The market is up 17% over the last 12 months. 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
Sat, 11 Oct 2025JP¥1092.1tJP¥1023.4tJP¥59.8t14.4x18.3x1.1x
Mon, 08 Sep 2025JP¥1069.8tJP¥1026.4tJP¥59.8t14.7x17.9x1x
Wed, 06 Aug 2025JP¥1011.8tJP¥1021.0tJP¥60.4t14.1x16.7x1x
Fri, 04 Jul 2025JP¥974.9tJP¥1026.9tJP¥62.9t13.3x15.5x0.9x
Sun, 01 Jun 2025JP¥974.4tJP¥1033.2tJP¥63.7t13.1x15.3x0.9x
Tue, 29 Apr 2025JP¥925.7tJP¥1021.3tJP¥64.4t12.9x14.4x0.9x
Thu, 27 Mar 2025JP¥971.5tJP¥1020.9tJP¥64.4t13.5x15.1x1x
Sat, 22 Feb 2025JP¥953.8tJP¥1020.2tJP¥64.4t13.1x14.8x0.9x
Mon, 20 Jan 2025JP¥933.5tJP¥1010.1tJP¥61.9t13.3x15.1x0.9x
Wed, 18 Dec 2024JP¥952.0tJP¥1007.8tJP¥61.6t13.5x15.4x0.9x
Fri, 15 Nov 2024JP¥943.3tJP¥1005.7tJP¥60.6t13.4x15.6x0.9x
Sun, 13 Oct 2024JP¥950.8tJP¥999.0tJP¥60.1t13.5x15.8x1x
Tue, 10 Sep 2024JP¥910.8tJP¥1000.0tJP¥60.1t13.2x15.2x0.9x
Thu, 08 Aug 2024JP¥878.0tJP¥993.0tJP¥58.7t12.6x15x0.9x
Sat, 06 Jul 2024JP¥1008.5tJP¥986.0tJP¥58.3t14.4x17.3x1x
Mon, 03 Jun 2024JP¥974.4tJP¥989.4tJP¥58.6t14.1x16.6x1x
Wed, 01 May 2024JP¥970.9tJP¥975.4tJP¥57.3t14.6x16.9x1x
Fri, 29 Mar 2024JP¥980.9tJP¥976.4tJP¥56.9t14.7x17.2x1x
Sun, 25 Feb 2024JP¥950.8tJP¥975.7tJP¥56.9t14.3x16.7x1x
Tue, 23 Jan 2024JP¥914.0tJP¥971.4tJP¥52.5t14.7x17.4x0.9x
Thu, 21 Dec 2023JP¥849.9tJP¥971.1tJP¥52.5t14x16.2x0.9x
Sat, 18 Nov 2023JP¥866.9tJP¥977.4tJP¥52.7t14x16.5x0.9x
Mon, 16 Oct 2023JP¥839.6tJP¥971.5tJP¥55.2t14x15.2x0.9x
Wed, 13 Sep 2023JP¥865.6tJP¥971.2tJP¥55.2t14.4x15.7x0.9x
Fri, 11 Aug 2023JP¥839.6tJP¥969.2tJP¥55.5t14x15.1x0.9x
Sun, 09 Jul 2023JP¥823.4tJP¥957.2tJP¥50.6t13.9x16.3x0.9x
Tue, 06 Jun 2023JP¥810.9tJP¥959.1tJP¥51.1t13.5x15.9x0.8x
Thu, 04 May 2023JP¥762.5tJP¥941.3tJP¥47.9t13.4x15.9x0.8x
Sat, 01 Apr 2023JP¥736.8tJP¥933.9tJP¥46.6t12.9x15.8x0.8x
Mon, 27 Feb 2023JP¥727.6tJP¥934.5tJP¥46.7t12.7x15.6x0.8x
Wed, 25 Jan 2023JP¥727.1tJP¥903.2tJP¥49.0t12.5x14.8x0.8x
Fri, 23 Dec 2022JP¥707.2tJP¥903.1tJP¥49.1t12.2x14.4x0.8x
Sun, 20 Nov 2022JP¥729.6tJP¥900.7tJP¥49.4t12.5x14.8x0.8x
Tue, 18 Oct 2022JP¥707.7tJP¥863.6tJP¥45.7t12.2x15.5x0.8x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥707.7tTotal Earnings: JP¥45.7tTotal Revenue: JP¥863.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.8x202320242025
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 18.3x which is higher than its 3-year average PE of 15.8x.
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 5.8% 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 Market2.13%
Tech3.44%
Consumer Discretionary2.86%
Industrials2.76%
Telecom2.72%
Healthcare2.72%
Utilities2.04%
Energy1.36%
Real Estate1.16%
Financials0.13%
Materials0.024%
Consumer Staples0.012%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 12.6%, which is higher than its past year's earnings growth of 10.4% 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 Energy sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 5.7% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 2.2% 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
9984 SoftBank GroupJP¥22.25k11.3%
+JP¥3.2t		148.4%PE18.3xTelecom
9983 Fast RetailingJP¥51.50k13.3%
+JP¥1.9t		-5.5%PE36.5xConsumer Discretionary
6857 AdvantestJP¥17.84k13.7%
+JP¥1.6t		128.7%PE57xTech
6758 Sony GroupJP¥4.46k6.1%
+JP¥1.5t		58.5%PE22.4xConsumer Discretionary
7011 Mitsubishi Heavy IndustriesJP¥4.04k9.4%
+JP¥1.2t		82.6%PE53.9xIndustrials
See more

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9983
JP¥51,500.00
Fast Retailing
7D
13.3%
1Y
-5.5%
3382
JP¥1,911.00
Seven & i Holdings
7D
-3.4%
1Y
-16.6%
7011
JP¥4,037.00
Mitsubishi Heavy Industries
7D
9.4%
1Y
82.6%

Clean Energy Transition And Aerospace Will Drive Future Momentum

Analysts have raised their price target for Mitsubishi Heavy Industries from ¥3,913.75 to ¥3,995.00. They cite slight improvements in projected profit margins and a stable outlook on growth and valuation metrics.
9984
JP¥22,245.00
SoftBank Group
7D
11.3%
1Y
148.4%
7203
JP¥2,898.50
Toyota Motor
7D
2.1%
1Y
13.1%

Recovering Production And Battery Investments Will Boost Future Profitability

Toyota Motor Analyst Price Target Sees Modest Increase on Improved Outlook Analysts have raised their price target for Toyota Motor, increasing it from ¥3,157.65 to ¥3,198.82. They cite stronger expected revenue growth and higher profit margins in their updated forecasts.
4519
JP¥7,479.00
Chugai Pharmaceutical
7D
7.2%
1Y
5.3%
6857
JP¥17,835.00
Advantest
7D
13.7%
1Y
128.7%
4901
JP¥3,541.00
FUJIFILM Holdings
7D
-2.4%
1Y
-6.3%

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Oct 04
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8306
JP¥2,285.00
Mitsubishi UFJ Financial Group
7D
-1.2%
1Y
47.2%
6758
JP¥4,461.00
Sony Group
7D
6.1%
1Y
58.5%

PlayStation Ecosystem And Sensor Technology Will Secure Future Resilience

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8411
JP¥4,756.00
Mizuho Financial Group
7D
-0.9%
1Y
56.0%

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Analysts have raised their price target for Mizuho Financial Group from ¥5,035 to ¥5,192, citing slightly improved profit margins and revenue growth projections, along with a modest decrease in the discount rate. What's in the News Mizuho Financial Group has completed the repurchase of 23,909,200 shares, representing 0.95 percent of shares, for ¥99,999.72 million under the buyback program announced in May 2025 (Key Developments).
7182
JP¥1,710.50
JAPAN POST BANK
7D
-3.1%
1Y
25.6%
9432
JP¥152.80
NTT
7D
-1.2%
1Y
3.2%
6861
JP¥60,440.00
Keyence
7D
6.0%
1Y
-11.7%
7974
JP¥12,385.00
Nintendo
7D
-2.2%
1Y
57.2%

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8316
JP¥3,991.00
Sumitomo Mitsui Financial Group
7D
-1.4%
1Y
26.0%