Exploring Sansan And 2 Other High Growth Tech Stocks In Japan

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. As investors navigate these fluctuating conditions, identifying high growth tech stocks like Sansan becomes crucial for capitalizing on potential opportunities in a dynamic market environment.

Top 10 High Growth Tech Companies In Japan

Name	Revenue Growth	Earnings Growth	Growth Rating
Hottolink	51.80%	61.94%	★★★★★★
f-code	22.70%	22.62%	★★★★★☆
eWeLLLtd	26.52%	27.53%	★★★★★★
Material Group	17.82%	28.74%	★★★★★☆
SHIFT	20.25%	32.08%	★★★★★★
Medley	24.97%	30.50%	★★★★★★
GMO AD Partners	69.79%	97.87%	★★★★★☆
Bengo4.comInc	20.76%	46.76%	★★★★★★
ExaWizards	22.69%	62.99%	★★★★★★
Money Forward	20.68%	66.91%	★★★★★★

Click here to see the full list of 130 stocks from our Japanese High Growth Tech and AI Stocks screener.

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

Sansan (TSE:4443)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sansan, Inc. engages in the planning, development, and selling of cloud-based solutions in Japan and has a market cap of ¥293.74 billion.

Operations: Sansan, Inc. generates revenue primarily through its Sansan/Bill One Business segment, which accounts for ¥29.95 billion, and its Eight Business segment, contributing ¥3.55 billion. The company focuses on cloud-based solutions within Japan's market.

Sansan, a prominent player in Japan's tech sector, has shown remarkable growth with its revenue forecasted to grow at 15.7% annually, significantly outpacing the JP market's 4.3%. The company's earnings are expected to surge by 35.3% per year over the next three years, highlighting robust future prospects. Notably, Sansan invested ¥1.5 billion in R&D last year to enhance its AI-driven software solutions and recently repurchased 141,700 shares for ¥299.95 million as part of a shareholder return initiative.

• Dive into the specifics of Sansan here with our thorough health report.

• Assess Sansan's past performance with our detailed historical performance reports.

JMDC (TSE:4483)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: JMDC Inc. offers medical statistics data services in Japan and has a market cap of ¥281.16 billion.

Operations: JMDC Inc. generates revenue primarily through its Healthcare-Big Data segment, accounting for ¥27.17 billion, followed by Tele-Medicine and Dispensing Pharmacy Support segments with ¥5.77 billion and ¥1.22 billion respectively. The company focuses on leveraging medical statistics data to provide various healthcare-related services in Japan.

JMDC, a notable player in Japan's tech sector, forecasts revenue growth of 17.5% annually, outpacing the JP market's 4.3%. Despite a recent earnings drop of -40.6%, future earnings are expected to grow at an impressive 25.5% per year. The company invested ¥1 billion in R&D last year to enhance its healthcare data analytics and AI capabilities, reflecting their commitment to innovation and long-term growth potential. Recent guidance projects JPY 18,700 million in revenue for the upcoming six months ending September 2024.

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

• Evaluate JMDC's historical performance by accessing our past performance report.

OMRON (TSE:6645)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: OMRON Corporation operates globally in industrial automation, device and module solutions, social systems, and healthcare sectors with a market cap of ¥1.17 trillion.

Operations: OMRON Corporation generates revenue from four primary segments: Industrial Automation Business (¥373.70 billion), Social Systems, Solutions and Service Business (¥156.85 billion), Healthcare Business (¥150.40 billion), and Devices & Module Solutions Business (¥143.69 billion).

OMRON's strategic partnership with Digimarc Corporation aims to revolutionize industrial automation through advanced digital watermarking and machine vision technology. This collaboration is expected to significantly enhance efficiency, quality, traceability, and compliance across various industrial operations. OMRON's commitment to innovation is evident in its ¥28.5 billion R&D expenditure last year, which supports its forecasted annual revenue growth of 5.2% and impressive earnings growth projection of 48.6% per year over the next three years.

• Take a closer look at OMRON's potential here in our health report.

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

Summing It All Up

• Get an in-depth perspective on all 130 Japanese High Growth Tech and AI Stocks by using our screener here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Seeking Other Investments?

• 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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