High Growth Tech Stocks in Japan to Watch This August 2024

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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 (BoJ). As we look at high-growth tech stocks in Japan this August, it's essential to consider companies that can navigate these economic conditions while demonstrating strong innovation and scalability potential.

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%

★★★★★★

Material Group

17.82%

28.74%

★★★★★☆

SHIFT

21.58%

32.81%

★★★★★★

Medley

24.97%

30.50%

★★★★★★

Bengo4.comInc

20.76%

46.76%

★★★★★★

ExaWizards

22.69%

62.99%

★★★★★★

Money Forward

20.51%

66.90%

★★★★★★

Click here to see the full list of 129 stocks from our Japanese High Growth Tech and AI Stocks screener.

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

Infomart

Simply Wall St Growth Rating: ★★★★★☆

Overview: Infomart Corporation operates an online business-to-business (BtoB) EC trading platform for the food industry in Japan and has a market cap of ¥65.18 billion.

Operations: Infomart generates revenue primarily from its B2B-PFES and B to B-PF FOOD segments, contributing ¥5.52 billion and ¥8.79 billion respectively. The company focuses on providing electronic commerce solutions within the food industry in Japan.

Infomart's earnings are forecast to grow 41.1% annually over the next three years, significantly outpacing the JP market's 8.5%. Revenue growth is expected at 12.6% per year, faster than the market average of 4.3%, driven by their innovative SaaS models which ensure recurring revenue streams from subscriptions. Despite a highly volatile share price in recent months, Infomart’s R&D expenses highlight their commitment to innovation, with ¥2 billion spent last year alone, fostering long-term growth potential in Japan’s tech landscape.

TSE:2492 Revenue and Expenses Breakdown as at Aug 2024
TSE:2492 Revenue and Expenses Breakdown as at Aug 2024

PKSHA Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: PKSHA Technology Inc. develops algorithmic solutions in Japan and has a market cap of ¥98.69 billion.

Operations: PKSHA Technology Inc. focuses on creating algorithmic solutions in Japan, with its primary revenue streams stemming from software licensing and related services. The company leverages advanced algorithms to cater to various industries, enhancing operational efficiencies and decision-making processes.