High Growth Tech Stocks in Japan for September 2024

Japan's stock markets have been on an upward trajectory, with the Nikkei 225 Index gaining 3.1% and the broader TOPIX Index up 2.8%, buoyed by a weakening yen following the U.S. Federal Reserve's recent rate cut. As we look into high-growth tech stocks in Japan for September 2024, it's important to consider companies that are well-positioned to capitalize on favorable market conditions and demonstrate robust innovation and scalability within this dynamic sector.

Top 10 High Growth Tech Companies In Japan

Name	Revenue Growth	Earnings Growth	Growth Rating
Hottolink	50.99%	61.55%	★★★★★★
Cyber Security Cloud	20.71%	25.73%	★★★★★☆
eWeLLLtd	26.52%	27.53%	★★★★★★
Material Group	17.82%	28.74%	★★★★★☆
Medley	24.98%	30.36%	★★★★★★
Bengo4.comInc	20.76%	46.76%	★★★★★★
Kanamic NetworkLTD	20.75%	28.25%	★★★★★★
Mental Health TechnologiesLtd	27.88%	79.61%	★★★★★★
ExaWizards	21.96%	75.16%	★★★★★★
Money Forward	20.68%	68.12%	★★★★★★

Click here to see the full list of 124 stocks from our Japanese High Growth Tech and AI Stocks screener.

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

PKSHA Technology (TSE:3993)

Simply Wall St Growth Rating: ★★★★★☆

Overview: PKSHA Technology Inc. engages in the development of algorithmic solutions in Japan and has a market cap of ¥104.24 billion.

Operations: PKSHA Technology Inc. primarily focuses on creating algorithmic solutions in Japan. The company generates revenue through software licensing, consulting services, and maintenance fees.

PKSHA Technology has demonstrated robust growth metrics, with a forecasted revenue increase of 20.2% per year, surpassing the Japanese market's average of 4.3%. This growth is complemented by an anticipated earnings expansion of 23.8% annually, also outpacing the broader market expectation of 8.6%. The company's strategic focus on R&D is evident from its recent financial disclosures, allocating significant resources to innovation which could drive future competitiveness in the high-tech sector. Despite a volatile share price recently and large one-off gains skewing past earnings reports, PKSHA's forward-looking statements suggest confidence in sustained profitability and market leadership in innovative technologies.

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

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

PLAIDInc (TSE:4165)

Simply Wall St Growth Rating: ★★★★★☆

Overview: PLAID, Inc. develops and operates KARTE, a customer experience SaaS platform in Japan, with a market cap of ¥37.78 billion.

Operations: KARTE, the primary product of PLAID, Inc., is a customer experience SaaS platform. The company generates revenue mainly from its SaaS business and advertising services, amounting to ¥10.39 billion.

PLAIDInc. is set to redefine the tech landscape in Japan, with revenue projected to surge by 16.8% annually, outstripping the broader Japanese market's growth of 4.3%. This aggressive expansion is underpinned by an anticipated earnings growth of a staggering 113.5% per year, positioning the company well above average market performance. Significant investments in R&D are pivotal to PLAIDInc.'s strategy, fostering innovation that could secure its competitive edge in rapidly evolving sectors like AI and software development. Despite current unprofitability, these substantial financial commitments to research are expected to yield profitability within three years, suggesting a bright horizon for PLAIDInc amidst a volatile share price landscape.

• Get an in-depth perspective on PLAIDInc's performance by reading our health report here.

• Evaluate PLAIDInc'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 ¥1.25 trillion.

Operations: OMRON Corporation generates revenue primarily from its 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). The company operates across various sectors globally, contributing to a diversified revenue model.

OMRON's commitment to innovation is evident in its R&D spending, which significantly shapes its strategic positioning within Japan's tech industry. With a forecasted revenue growth of 5.6% per year, OMRON is outpacing the broader Japanese market growth rate of 4.3%. Despite current unprofitability, the firm's substantial investment in research and development not only underscores its dedication to technological advancement but also aligns with expected earnings growth of 46.2% annually. This approach suggests potential for future profitability and positions OMRON as a resilient competitor in high-tech sectors, even as it navigates through financial challenges highlighted in its recent Q1 2025 earnings call scheduled for August 2, 2024.

• Click here and access our complete health analysis report to understand the dynamics of OMRON.

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

Key Takeaways

• Gain an insight into the universe of 124 Japanese High Growth Tech and AI Stocks by clicking here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com