9 companies | 2026-04-12 | Comparison | Supply Chain Map
Japan has 15 operating reactors out of 32 operable, with the 7th Strategic Energy Plan targeting 20% nuclear by FY2040. The $40B US-Japan BWRX-300 SMR deal (Mar 2026) and data center power demand tripling by 2034 are accelerating restarts. NRA eased anti-terrorism deadlines (Apr 2026). 60+ year reactor lifetime extensions approved.
Equipment / SMR | PE 28.94 | ROE 23.6% | FCF +¥68B
Japan's most direct SMR supply chain play: X-energy partnership (Mar 2026) positions IHI to supply fabricated nuclear co...
Equipment / SMR | PE 26.64 | ROE N/A | FCF +¥1,390B
Holds the most commercially advanced SMR asset globally through GE Hitachi Nuclear Energy (50/50 JV) developing the BWRX...
Materials / Forgings | PE 35.28 | ROE 10.5% | FCF -¥19.7B
Near-monopoly on ultra-large nuclear-grade steel forgings (reactor pressure vessels, steam generator shells). Only manuf...
Controls / Instrumentation | PE 24.82 | ROE 12.2% | FCF +¥88B
Signed exclusive DPCS contract with Rolls-Royce SMR (Feb 2026) for global fleet control systems. CENTUM VP is the standa...
Nuclear Operations / Power Semi | PE 19.62 | ROE 11.8% | FCF +¥51B
95% domestic market share in nuclear radiation monitoring — every operating J-reactor is a customer. Dual theme: nuclear...
Decommissioning / Waste | PE 19.62 | ROE 5.8% | FCF -¥12.8B
Only pure-play spent nuclear fuel logistics company on TSE. 40+ year track record in transport/storage casks (since 1978...
Nuclear Operations / Water | PE 26.42 | ROE 23.5% | FCF +¥19B
Near-monopoly on BWR condensate water treatment in Japan — IFD technology adopted in ALL BWR condensate demineralizer ve...
Nuclear Operations / Water | PE 38.22 | ROE 6.8% | FCF +¥25B
Dual nuclear + semiconductor water chemistry exposure. Nuclear: coolant chemistry, corrosion inhibitors, radioactive was...
Nuclear Medicine / Fusion | PE 20.46 | ROE 4.7% | FCF +¥11B
Only company with confirmed ITER fusion cryocooler contracts — world's largest cryocooler manufacturer. Also sole Japane...
| Company | Ticker | Conv | PE | Fwd PE | ROE | OpM | FCF |
|---|---|---|---|---|---|---|---|
| IHI Corporation | 7013.T | MEDIUM | 28.94 | 28.02 | 23.6% | 9.1% | +¥68B |
| Hitachi | 6501.T | MEDIUM | 26.64 | 25.37 | N/A | 11.1% | +¥1,390B |
| Japan Steel Works | 5631.T | HIGH | 35.28 | 34.31 | 10.5% | 8.4% | -¥19.7B |
| Yokogawa Electric | 6841.T | HIGH | 24.82 | 20.73 | 12.2% | 14.6% | +¥88B |
| Fuji Electric | 6504.T | HIGH | 19.62 | 17.13 | 11.8% | 10.3% | +¥51B |
| Kanadevia | 7004.T | MEDIUM | 19.62 | 14.09 | 5.8% | 2.0% | -¥12.8B |
| Organo Corporation | 6368.T | HIGH | 26.42 | 24.47 | 23.5% | 21.4% | +¥19B |
| Kurita Water Industries | 6370.T | MEDIUM | 38.22 | 21.67 | 6.8% | 13.7% | +¥25B |
| Sumitomo Heavy Industries | 6302.T | MEDIUM | 20.46 | 18.63 | 4.7% | 4.8% | +¥11B |
Generated by JPstock-agent | 2026-04-12 | AI-assisted research, not investment advice