Abstract: We analyzed the EPS revision of MSCI Japan index constituents for June 2026, finding that the index's 2027E consensus EPS rose 2.8% month-on-month to 144.7 from 140.7, with 110 stocks revised up versus 66 revised down. The MSCI Japan index itself gained 1.8% over the month, rising from 2,438 to 2,482. On an individual stock basis, Kioxia (285A JP) was the largest positive contributor to index EPS, adding +4.9 yen, followed by Orix (+0.32 yen) and Mitsui Mining and Smelting (+0.26 yen), while Sony Financial (-0.28 yen) was the largest detractor. Among EPS revision movers, Nissan Motor led with a +68.4% increase in 2027E EPS, while Rakuten suffered the steepest cut at -32.9%, followed by Sony Financial at -30.6%.
Kioxia, Honda Motor, Nissan Motor, Sony Financial, Mitsui Mining & Smelting, Furukawa Electric
A monthly review of consensus earnings revisions for MSCI Japan constituents. Each issue estimates how the index's forward EPS changed over the month, and tabulates the stocks with the largest impact on index EPS alongside their EPS and revenue revisions. All issues of Index Earnings Revision Monthly →
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