High Growth Tech Stocks in Japan to Watch This August 2024

As Japan's stock markets see modest gains amid the Bank of Japan's commitment to normalizing monetary policy, investors are keenly observing the tech sector for high-growth opportunities. In this environment, a good stock typically demonstrates strong fundamentals, innovative potential, and resilience to market fluctuations.

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%	★★★★★★
SHIFT	20.25%	32.08%	★★★★★★
Medley	24.97%	30.50%	★★★★★★
Kanamic NetworkLTD	20.75%	28.25%	★★★★★★
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 129 stocks from our Japanese High Growth Tech and AI Stocks screener.

We'll examine a selection from our screener results.

GNI Group (TSE:2160)

Simply Wall St Growth Rating: ★★★★★☆

Overview: GNI Group Ltd. engages in the research, development, manufacture, and sale of pharmaceutical drugs in Japan and internationally with a market cap of ¥116.89 billion.

Operations: GNI Group Ltd. focuses on the research, development, manufacture, and sale of pharmaceutical drugs across Japan and international markets. The company generates revenue through its pharmaceutical product sales while managing costs associated with research and manufacturing operations.

GNI Group's revenue is projected to grow at 28.7% annually, significantly outpacing the Japanese market's 4.3%. Earnings are forecasted to increase by 24.2% per year, with a remarkable past year's growth of 393.9%, far exceeding the biotech industry's average of 172.6%. The company recently received approval for Avatrombopag Maleate Tablets in China, adding to its lineup and enhancing its R&D pipeline focused on rare diseases.

• Unlock comprehensive insights into our analysis of GNI Group stock in this health report.

• Examine GNI Group's past performance report to understand how it has performed in the past.

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 and has a market cap of ¥309.21 billion.

Operations: The company generates revenue through subscription-based services for personal finance management, cloud-based accounting software, and financial planning tools. It serves a diverse clientele including individuals, financial institutions, and corporations.

Money Forward's revenue is projected to grow at 20.7% annually, significantly outpacing Japan's market growth of 4.3%. Earnings are forecasted to increase by a robust 66.9% per year, driven by strategic initiatives such as the recent joint venture with Sumitomo Mitsui Card Company for PFM services and the transfer of its fintech business to Money Forward Kessai. Investment in R&D has been substantial, with expenses reaching ¥1.2B in the last quarter, underscoring their commitment to innovation and long-term growth potential.

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

• Learn about Money Forward's historical performance.

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 ¥1.18 trillion.

Operations: The company's primary revenue streams are derived 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 largest contributor is the Industrial Automation sector, followed by Social Systems and Healthcare sectors in terms of revenue generation.

OMRON's recent partnership with Digimarc Corporation aims to revolutionize industrial automation, integrating digital watermarks with machine vision technology to enhance product identification and quality control. This collaboration is poised to significantly improve manufacturing efficiency and sustainability. OMRON's R&D expenses reached ¥9.8B last year, reflecting a strong commitment to innovation. The company's revenue growth is forecasted at 5.2% annually, outpacing the Japanese market average of 4.3%. Earnings are expected to grow robustly at 48.6% per year over the next three years.

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

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

Taking Advantage

• Embark on your investment journey to our 129 Japanese High Growth Tech and AI Stocks selection here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Interested In Other Possibilities?

• 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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