Japanese Software Price disconnect

GMO internet group

Market Cap: JP¥293.2b

Provides various Internet services worldwide.

Rakus

Market Cap: JP¥261.7b

Provides cloud services in Japan.

SHIFT

Market Cap: JP¥160.4b

Provides software quality assurance and testing solutions in Japan.

Sansan

Market Cap: JP¥156.9b

Engages in the planning, development, and selling of cloud-based solutions in Japan.

Uchida Yoko

Market Cap: JP¥99.4b

Engages in providing government and education, office, and information system solutions in Japan and internationally.

Cybozu

Market Cap: JP¥91.4b

Engages in the development, sale, and operation of groupware in Japan.

Mitsubishi Research Institute

Market Cap: JP¥75.9b

Provides research, consulting, and ICT solutions to the public and private sectors in Japan.

BASEInc

Market Cap: JP¥33.8b

Engages in the planning, development, and operation of web services in Japan.

Computer Institute of Japan

Market Cap: JP¥28.5b

Provides system development and related services in Japan.

KSKLtd

Market Cap: JP¥26.6b

Engages in the LSI, software, hardware, customer service, and data entry businesses.

System Support Holdings

Market Cap: JP¥22.5b

Engages in the planning, development, operation, and maintenance of IT systems in Japan and North America.

Toyokumo

Market Cap: JP¥19.3b

Develops and provides cloud services in Japan.

Ascentech K.K

Market Cap: JP¥18.3b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Cross Cat

Market Cap: JP¥13.6b

Engages in information services and related operations in Japan.

KinjiroLtd

Market Cap: JP¥13.0b

Provides human resource management (HRM) solutions.

Ryomo SystemsLtd

Market Cap: JP¥12.9b

Provides software development and system sales, information processing, product-related sales, and other information services in Japan.

i Cubed Systems

Market Cap: JP¥10.4b

Provides cloud-based mobile device management services under the CLOMO MDM name in Japan.

CreoLtd

Market Cap: JP¥9.2b

Engages in the development of information processing systems and provision of related services in Japan.

SOLXYZ

Market Cap: JP¥9.1b

Provides system integration, system consulting, and outsourcing services in Japan.

Yappli

Market Cap: JP¥8.9b

Engages in mobile technology and internet businesses in Japan.

Power Solutions

Market Cap: JP¥7.4b

Provides corporate IT services in Japan.

FLECT

Market Cap: JP¥6.1b

Engages in the provision of multi-cloud integration services for digital transformation in Japan.

Just Planning

Market Cap: JP¥5.7b

Provides solutions for the food and beverage industry in Japan.

Internetworking and Broadband ConsultingLtd

Market Cap: JP¥5.5b

Internetworking and Broadband Consulting Co.,Ltd.

ForsideLtd

Market Cap: JP¥4.9b

An investment holding company, engages in prize, content, event, master rights, AI-related, and logistics-related businesses in Japan.

L is B

Market Cap: JP¥4.3b

Develops cloud services and offers operation support services.

Growth X PartnersInc

Market Cap: JP¥4.2b

Engages in the enterprise DX business for enterprises.

Edia

Market Cap: JP¥4.1b

Engages in the intellectual property (IP) and publishing businesses.

Goodpatch

Market Cap: JP¥4.1b

Engages in the provision of UI/UX design consulting services.

IPS Holdings

Market Cap: JP¥2.9b

Provides SAP ERP system implementation and maintenance services in Japan, Germany, and Asia-Pacific.

Virtualex Holdings

Market Cap: JP¥2.8b

Through its subsidiaries, engages in IT and consulting, and outsourcing business in Japan and internationally.

Delivery Consulting

Market Cap: JP¥2.3b

Provides technology solutions consulting services in Japan and internationally.

JSecurity

Market Cap: JP¥2.0b

Develops and sells information technology security products and services.

Fuller

Market Cap: JP¥1.9b

Offers business development and digital consultancy services in Japan.