Sansan And 2 High Growth Tech Stocks To Watch In Japan

Japan's stock markets have made modest gains recently, with the Nikkei 225 Index rising 0.8% and the broader TOPIX Index up 0.2%, amid speculation that market turmoil might influence the Bank of Japan's interest rate decisions. This backdrop presents an interesting environment for high-growth tech stocks, which often thrive on innovation and market optimism; identifying companies with strong growth potential and robust business models is crucial in such a dynamic landscape.

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%	★★★★★★
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.

Here we highlight a subset of our preferred stocks from the screener.

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 contributed ¥29.95 billion, and the Eight Business segment, which added ¥3.55 billion. The company focuses on cloud-based solutions in Japan.

Sansan's strategic shift to SaaS models has bolstered its recurring revenue streams, with earnings projected to grow 35.33% annually. The company recently completed a share buyback of 141,700 shares for ¥299.95 million, reflecting confidence in its financial health. Despite a one-off loss of ¥403 million impacting recent results, Sansan's R&D expenses underscore its commitment to innovation and long-term growth potential within the tech sector.

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

• Gain insights into Sansan's historical performance by reviewing our past performance report.

JMDC (TSE:4483)

Simply Wall St Growth Rating: ★★★★☆☆

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

Operations: JMDC Inc. generates revenue primarily from its Healthcare-Big Data segment (¥27.17 billion) and also provides Tele-Medicine services (¥5.77 billion) and Dispensing Pharmacy Support (¥1.22 billion). The company focuses on leveraging big data in healthcare to deliver its services.

JMDC's earnings are forecasted to grow at 25.5% annually, significantly outpacing the broader JP market's 8.5% growth rate. Despite a challenging past year with a -40.6% decline in earnings, the company expects revenue to rise by 17.5% per year, surpassing the industry average of 4.3%. For the six months ending September 2024, JMDC projects revenue of ¥18.7 billion and an operating profit of ¥2.8 billion, reflecting robust financial health and strategic positioning in healthcare services.

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

• Understand JMDC's track record by examining our Past 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's revenue streams are primarily driven by its Industrial Automation Business (¥373.70 billion), followed by the 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 for industrial automation solutions showcases its innovative edge in the tech industry. With a forecasted annual revenue growth of 5.2%, OMRON is set to outpace the broader JP market's 4.3% growth rate, driven by advancements in machine vision technology and digital product identification systems. The company’s R&D expenses reflect a commitment to innovation, accounting for ¥60 billion annually, which supports its projected earnings growth of 48.6% per year over the next three years.

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

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

Turning Ideas Into Actions

• Navigate through the entire inventory of 130 Japanese High Growth Tech and AI Stocks here.
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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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