High Growth Tech Stocks In Japan To Watch This September 2024

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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 these fluctuations, expectations of additional rate hikes from the Bank of Japan and a stronger yen have created a challenging environment for exporters. When considering high-growth tech stocks in this context, it's crucial to focus on companies with strong fundamentals and innovative potential that can navigate these economic headwinds effectively.

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%

★★★★★☆

Medley

24.98%

30.36%

★★★★★★

eWeLLLtd

26.52%

27.53%

★★★★★★

f-code

22.70%

22.62%

★★★★★☆

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%

★★★★★★

Click here to see the full list of 125 stocks from our Japanese High Growth Tech and AI Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

GNI Group

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 recent approval for Avatrombopag Maleate Tablets, targeting thrombocytopenia in chronic liver disease, marks a significant milestone. This addition to their lineup, alongside ETUARY and Nintedanib, underscores their commitment to rare diseases. With earnings growth of 393.9% over the past year and projected revenue growth of 24.6% annually, GNI is outpacing the broader JP market's 4.3%. Their R&D investments remain robust, ensuring continued innovation in both new and generic drugs.

TSE:2160 Revenue and Expenses Breakdown as at Sep 2024
TSE:2160 Revenue and Expenses Breakdown as at Sep 2024

Kakaku.com

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kakaku.com, Inc., along with its subsidiaries, provides purchase support and restaurant review services in Japan, with a market cap of ¥505.48 billion.

Operations: Kakaku.com, Inc. generates revenue primarily through its purchase support and restaurant review services in Japan. The company leverages its online platforms to attract users seeking product comparisons and dining recommendations, driving advertising and affiliate marketing income.