Money Forward Plus 2 High Growth Tech Stocks in Japan

Japan’s stock markets have rebounded strongly, with the Nikkei 225 Index gaining 8.7% and the broader TOPIX Index up 7.9%, driven by better-than-expected U.S. economic data and a weaker yen benefiting exporters. This positive sentiment sets the stage for exploring three high-growth tech stocks in Japan, including Money Forward, which are well-positioned to capitalize on current market conditions. A good stock in this environment typically demonstrates robust financials, innovative technology solutions, and strong growth potential amidst favorable economic indicators.

Top 10 High Growth Tech Companies In Japan

Name	Revenue Growth	Earnings Growth	Growth Rating
Hottolink	51.80%	61.94%	★★★★★★
Cyber Security Cloud	20.71%	25.73%	★★★★★☆
eWeLLLtd	25.55%	25.92%	★★★★★★
Material Group	17.82%	28.74%	★★★★★☆
SHIFT	21.23%	32.76%	★★★★★★
Medley	24.97%	30.50%	★★★★★★
f-code	22.70%	22.62%	★★★★★☆
Bengo4.comInc	20.76%	46.76%	★★★★★★
ExaWizards	22.69%	62.99%	★★★★★★
Money Forward	20.48%	66.85%	★★★★★★

Click here to see the full list of 131 stocks from our Japanese High Growth Tech and AI Stocks screener.

Here's a peek at a few of the choices from the screener.

Money Forward (TSE:3994)

Simply Wall St Growth Rating: ★★★★★★

Overview: Money Forward, Inc. offers financial solutions for individuals, financial institutions, and corporations primarily in Japan, with a market cap of ¥265.65 billion.

Operations: Money Forward, Inc. generates revenue by providing financial solutions to individuals, financial institutions, and corporations in Japan. The company operates across multiple segments including personal finance management and business accounting software.

Money Forward's revenue is forecast to grow at 20.5% annually, outpacing the broader Japanese market's 4.3%. Their earnings are expected to surge by 66.85% per year, with profitability anticipated within three years. Recent R&D expenses highlight their commitment to innovation, particularly in PFM services through a joint venture with Sumitomo Mitsui Card Company. This strategic move could enhance their market position and drive future growth in the burgeoning fintech sector.

• Unlock comprehensive insights into our analysis of Money Forward stock in this health report.

• Explore historical data to track Money Forward's performance over time in our Past section.

GMO internet group (TSE:9449)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: GMO Internet Group, Inc. offers a range of internet services globally and has a market capitalization of ¥265.56 billion.

Operations: GMO Internet Group, Inc. operates globally, providing a variety of internet services. The company generates revenue primarily from its internet infrastructure and online advertising segments.

GMO Internet Group's earnings surged by 47.3% over the past year, significantly outpacing the IT industry's 10.1%. Their revenue is projected to grow at an annual rate of 8.1%, faster than Japan's market average of 4.3%. The company has also committed ¥5 billion towards repurchasing up to 2,900,000 shares, representing a strategic move to enhance shareholder value. Notably, GMO's R&D expenses have been substantial, indicating a strong focus on innovation and technological advancement in their services and products.

• Take a closer look at GMO internet group's potential here in our health report.

• Understand GMO internet group's track record by examining our Past report.

Kadokawa (TSE:9468)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kadokawa Corporation operates as an entertainment company in Japan with a market cap of ¥390.89 billion.

Operations: Kadokawa Corporation generates revenue primarily from its Publication segment, which contributes ¥143.28 billion, followed by Animation/Film at ¥46.36 billion and Game at ¥28.63 billion. The company also has significant revenue streams from Web Service and Education/Edtech segments, amounting to ¥20.44 billion and ¥13.83 billion respectively.

Kadokawa Corporation, known for its diverse media and digital content, is projecting a revenue growth of 6.6% annually, outpacing Japan's market average of 4.3%. Notably, their earnings are expected to surge by 21.2% per year, significantly higher than the industry's 8.5%. Kadokawa's R&D expenses reflect a strong commitment to innovation; they invested ¥4 billion last year alone in technological advancements and new content development. This focus on R&D positions them well within the dynamic tech landscape in Japan.

• Delve into the full analysis health report here for a deeper understanding of Kadokawa.

• Gain insights into Kadokawa's past trends and performance with our Past report.

Where To Now?

• Click here to access our complete index of 131 Japanese High Growth Tech and AI Stocks.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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