High Growth Tech Stocks in Japan to Watch This August 2024

Japan’s stock markets made modest gains over the week, with the Nikkei 225 Index rising 0.8% and the broader TOPIX Index up 0.2%, amid speculation that recent market turmoil could discourage further interest rate hikes by the Bank of Japan (BoJ). As we look at high-growth tech stocks in Japan this August, it's essential to consider companies that can navigate these economic conditions while demonstrating strong innovation and scalability potential.

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%	★★★★★☆
f-code	22.70%	22.62%	★★★★★☆
eWeLLLtd	26.52%	27.53%	★★★★★★
Material Group	17.82%	28.74%	★★★★★☆
SHIFT	21.58%	32.81%	★★★★★★
Medley	24.97%	30.50%	★★★★★★
Bengo4.comInc	20.76%	46.76%	★★★★★★
ExaWizards	22.69%	62.99%	★★★★★★
Money Forward	20.51%	66.90%	★★★★★★

Click here to see the full list of 129 stocks from our Japanese High Growth Tech and AI Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Infomart (TSE:2492)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Infomart Corporation operates an online business-to-business (BtoB) EC trading platform for the food industry in Japan and has a market cap of ¥65.18 billion.

Operations: Infomart generates revenue primarily from its B2B-PFES and B to B-PF FOOD segments, contributing ¥5.52 billion and ¥8.79 billion respectively. The company focuses on providing electronic commerce solutions within the food industry in Japan.

Infomart's earnings are forecast to grow 41.1% annually over the next three years, significantly outpacing the JP market's 8.5%. Revenue growth is expected at 12.6% per year, faster than the market average of 4.3%, driven by their innovative SaaS models which ensure recurring revenue streams from subscriptions. Despite a highly volatile share price in recent months, Infomart’s R&D expenses highlight their commitment to innovation, with ¥2 billion spent last year alone, fostering long-term growth potential in Japan’s tech landscape.

• Click to explore a detailed breakdown of our findings in Infomart's health report.

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

PKSHA Technology (TSE:3993)

Simply Wall St Growth Rating: ★★★★★☆

Overview: PKSHA Technology Inc. develops algorithmic solutions in Japan and has a market cap of ¥98.69 billion.

Operations: PKSHA Technology Inc. focuses on creating algorithmic solutions in Japan, with its primary revenue streams stemming from software licensing and related services. The company leverages advanced algorithms to cater to various industries, enhancing operational efficiencies and decision-making processes.

PKSHA Technology's revenue is forecast to grow at 20.2% annually, significantly outpacing the JP market's 4.3%. Earnings are expected to rise by 23.8% per year, showcasing robust growth potential. Despite a highly volatile share price over the past three months, PKSHA's commitment to innovation is evident with ¥1 billion spent on R&D last year alone, driving advancements in AI and software solutions for high-profile clients like TSMC and Apple.

• Navigate through the intricacies of PKSHA Technology with our comprehensive health report here.

• Understand PKSHA Technology's track record by examining our Past report.

giftee (TSE:4449)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Giftee Inc. operates in the Internet service sector in Japan and has a market cap of ¥37.83 billion.

Operations: Giftee Inc. specializes in providing internet services within Japan. The company generates revenue through digital gifting solutions and e-gift platforms, catering to both individual consumers and corporate clients.

In the high-growth tech landscape of Japan, giftee stands out with a forecasted earnings growth of 58.5% per year, significantly surpassing the broader JP market's 8.5%. Revenue is projected to climb at an impressive 18.9% annually, reflecting strong business fundamentals and market demand for their digital gifting solutions. The company’s commitment to innovation is underscored by substantial R&D investments, ensuring continued advancements in their platform and services.

• Click here to discover the nuances of giftee with our detailed analytical health report.

• Review our historical performance report to gain insights into giftee's's past performance.

Seize The Opportunity

• Explore the 129 names from our Japanese High Growth Tech and AI Stocks screener here.
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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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