Exploring 3 High Growth Tech Stocks in Japan
Japan’s stock markets have shown mixed performance recently, with the Nikkei 225 Index gaining 0.5% while the broader TOPIX Index fell by 1.0%. Amid this backdrop of fluctuating indices and economic indicators, identifying high-growth tech stocks becomes crucial for investors looking to capitalize on potential market opportunities. In the current environment, a good stock typically demonstrates strong fundamentals such as robust revenue growth, innovative product offerings, and resilience against economic headwinds.
Top 10 High Growth Tech Companies In Japan
Name |
Revenue Growth |
Earnings Growth |
Growth Rating |
---|---|---|---|
Hottolink |
50.99% |
61.55% |
★★★★★★ |
Medley |
24.98% |
30.36% |
★★★★★★ |
eWeLLLtd |
26.52% |
27.53% |
★★★★★★ |
f-code |
22.70% |
22.62% |
★★★★★☆ |
Material Group |
17.82% |
28.74% |
★★★★★☆ |
GMO AD Partners |
69.79% |
97.87% |
★★★★★☆ |
Kanamic NetworkLTD |
20.75% |
28.25% |
★★★★★★ |
Bengo4.comInc |
20.76% |
46.76% |
★★★★★★ |
ExaWizards |
21.96% |
75.16% |
★★★★★★ |
Money Forward |
20.68% |
68.12% |
★★★★★★ |
Let’s dive into some prime choices out of from the screener.
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 ¥124.90 billion.
Operations: GNI Group Ltd. generates revenue primarily from its pharmaceutical segment, which accounts for ¥19.35 billion, and its medical device segment, contributing ¥4.30 billion.
GNI Group’s earnings surged by 393.9% last year, outpacing the biotech industry’s 172.6%. With revenue growth projected at 24.6% annually, significantly above the JP market’s 4.3%, they stand poised for substantial expansion. The company recently gained approval for Avatrombopag Maleate Tablets in China, adding to its robust product lineup and enhancing its R&D-driven innovation pipeline. Notably, their R&D expenses are substantial, reflecting a commitment to continuous development in rare disease treatments.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Kakaku.com, Inc., along with its subsidiaries, offers purchase support and restaurant review services in Japan, with a market cap of ¥505.48 billion.
Operations: Kakaku.com, Inc. generates revenue through its purchase support and restaurant review services in Japan. The company focuses on providing detailed product information and user reviews to assist consumers in making informed purchasing decisions.
Kakaku.com has shown impressive earnings growth of 23.4% over the past year, outpacing the Interactive Media and Services industry’s 14.5%. Their revenue is projected to grow at a rate of 9.4% annually, faster than Japan’s market average of 4.3%. Notably, their R&D expenses reflect a strong commitment to innovation, with substantial investments aimed at enhancing their platform offerings and user experience. The company also repurchased shares recently as part of its strategy to boost shareholder value.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: ANYCOLOR Inc. is an entertainment company with operations in Japan and internationally, boasting a market cap of ¥153.52 billion.
Operations: ANYCOLOR Inc. generates revenue through its diverse entertainment operations, including digital content creation and distribution. The company has a market cap of ¥153.52 billion.
ANYCOLOR’s earnings are forecast to grow 14.5% annually, outpacing the Japanese market’s 8.6%. Despite a recent -2.8% earnings growth, it still surpasses the Entertainment industry average of -14.1%. The company has also focused on innovation with R&D expenses reflecting a robust commitment to enhancing its platform offerings and user experience, supported by substantial investments. Recently, ANYCOLOR repurchased 4.34% of its shares for ¥7.50 billion, indicating confidence in future prospects and shareholder value enhancement.
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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.
Companies discussed in this article include TSE:2160 TSE:2371 and TSE:5032.
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