|
OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 4767
|
$11.8B |
14.2x |
21.2x |
|
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 11635
|
$9.0B |
5.2x |
15.7x |
|
M3 Inc.
|
Japan |
Healthcare Software,
Online Content & News
|
JPY 2085
|
$8.1B |
3.7x |
14.8x |
|
Trend Micro
|
Japan |
Cybersecurity
|
JPY 6467
|
$3.9B |
2.3x |
7.7x |
|
CyberAgent
|
Japan |
Advertising & Marketing,
AdTech Software
|
JPY 1411
|
$3.6B |
0.6x |
7.0x |
|
Biprogy
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 5376
|
$3.2B |
1.2x |
8.4x |
|
Internet Initiative Japan
|
Japan |
IT Consulting,
Network Management,
Internet Service Providers
|
JPY 2642
|
$2.9B |
1.4x |
7.5x |
|
PHC Holdings
|
Japan |
Medical Devices,
Healthcare Software
|
JPY 1179
|
$2.3B |
1.0x |
7.3x |
|
Money Forward
|
Japan |
Financial Management Software
|
JPY 4748
|
$1.6B |
5.1x |
51.9x |
|
Justsystems
|
Japan |
Content Management Software,
Developer Tools
|
JPY 5170
|
$1.4B |
5.0x |
N/A |
|
Sansan
|
Japan |
Sales & Marketing Automation Software
|
JPY 1918
|
$1.4B |
4.4x |
34.1x |
|
Systena
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 521
|
$1.0B |
1.8x |
N/A |
|
Freee
|
Japan |
Financial Management Software,
Human Capital Management Software,
ERP Software
|
JPY 3055
|
$1000M |
4.2x |
82.8x |
|
SAKURA Internet
|
Japan |
Cloud Infrastructure
|
JPY 2805
|
$829M |
3.8x |
17.6x |
|
Cybozu
|
Japan |
Communication & Collaboration Software,
Productivity Software
|
JPY 2602
|
$702M |
3.0x |
8.8x |
|
Appier Group
|
Japan |
Pure-Play AI Software,
Sales & Marketing Automation Software
|
JPY 1142
|
$678M |
2.5x |
14.7x |
|
PKSHA Technology
|
Japan |
Pure-Play AI Software
|
JPY 3550
|
$643M |
4.1x |
17.5x |
|
Infomart
|
Japan |
E-commerce Software,
Supply Chain Management Software
|
JPY 452
|
$631M |
5.3x |
22.0x |
|
Plus Alpha Consulting
|
Japan |
BI & Analytics Software,
Cloud Infrastructure,
IT Consulting
|
JPY 2410
|
$552M |
4.9x |
12.3x |
|
Tsuburaya Fields Holdings
|
Japan |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
JPY 1780
|
$533M |
0.6x |
5.0x |
|
Medley Inc.
|
Japan |
Healthcare Software,
Telemedicine & Virtual Care
|
JPY 2500
|
$530M |
2.3x |
18.4x |
|
Septeni Holdings
|
Japan |
AdTech Software
|
JPY 457
|
$482M |
2.5x |
16.0x |
|
Bengo4.com
|
Japan |
Legal Services,
Tax & Accounting,
Governance, Risk & Compliance Software,
Lead Generation,
Vertical Marketplaces,
Consumer Marketplaces
|
JPY 3380
|
$461M |
4.6x |
24.9x |
|
ZUKEN
|
Japan |
Design & Engineering Software,
Industrial Software
|
JPY 5050
|
$457M |
1.8x |
N/A |
|
Broadleaf
|
Japan |
Automotive Software
|
JPY 740
|
$434M |
3.4x |
N/A |
|
Baudroie
|
Japan |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
JPY 2129
|
$410M |
3.9x |
18.1x |
|
Medical Data Vision
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 1688
|
$392M |
9.0x |
102.2x |
|
Software Service
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 13800
|
$387M |
1.4x |
8.8x |
|
Digital Arts
|
Japan |
Cybersecurity,
Public Sector & Non-Profit Software
|
JPY 5790
|
$368M |
5.2x |
N/A |
|
Avant Group
|
Japan |
Financial Management Software,
Business Consulting
|
JPY 1876
|
$337M |
1.8x |
10.5x |
|
Miroku Jyoho Service
|
Japan |
Financial Management Software,
Tax & Accounting
|
JPY 2020
|
$333M |
1.1x |
N/A |
|
ExaWizards
|
Japan |
Pure-Play AI Software,
IT Consulting
|
JPY 634
|
$332M |
4.7x |
N/A |
|
Fukui Computer Group
|
Japan |
Design & Engineering Software
|
JPY 3435
|
$315M |
3.2x |
7.3x |
|
Fixstars
|
Japan |
IoT,
AI Chips & Hardware
|
JPY 1635
|
$300M |
4.9x |
N/A |
|
Safie
|
Japan |
Video & Streaming Software
|
JPY 947
|
$295M |
2.5x |
N/A |
|
EM Systems Co.
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 783
|
$295M |
2.0x |
9.5x |
|
eWeLL Co
|
Japan |
Healthcare Software
|
JPY 2919
|
$267M |
12.5x |
25.6x |
|
Value HR
|
Japan |
Healthcare Software,
Health Benefits & Financial Solutions
|
JPY 1494
|
$265M |
N/A |
N/A |
|
AnyMind Group
|
Japan |
Sales & Marketing Automation Software,
AdTech Software,
BI & Analytics Software
|
JPY 651
|
$252M |
0.7x |
10.3x |
|
FreeBit Co
|
Japan |
Internet Service Providers,
Cloud Infrastructure
|
JPY 1725
|
$239M |
0.6x |
N/A |
|
Alpha Systems
|
Japan |
Network Management
|
JPY 4145
|
$218M |
0.9x |
N/A |
|
Hennge
|
Japan |
Cybersecurity
|
JPY 1320
|
$214M |
3.1x |
N/A |
|
Systems Engineering
|
Japan |
Industrial Software,
Robotics,
Satellite Communications
|
JPY 3595
|
$204M |
3.1x |
N/A |
|
Vrain Solution
|
Japan |
Pure-Play AI Software,
Industrial Software
|
JPY 3015
|
$195M |
14.4x |
N/A |
|
Plaid
|
Japan |
Sales & Marketing Automation Software
|
JPY 864
|
$194M |
2.2x |
N/A |
|
Kusurinomadoguchi
|
Japan |
Healthcare Software
|
JPY 2859
|
$189M |
2.5x |
N/A |
|
Abeja
|
Japan |
Pure-Play AI Software
|
JPY 3045
|
$172M |
7.1x |
N/A |
|
oRo Co.
|
Japan |
ERP Software,
IT Consulting
|
JPY 2295
|
$169M |
3.2x |
N/A |
|
MTI Ltd.
|
Japan |
Healthcare Software,
Health & Beauty
|
JPY 743
|
$159M |
0.8x |
5.8x |
|
User Local
|
Japan |
BI & Analytics Software,
Pure-Play AI Software
|
JPY 2037
|
$151M |
5.2x |
N/A |
|
Amiya
|
Japan |
Network Management,
IT Consulting
|
JPY 3130
|
$144M |
N/A |
N/A |
|
i-mobile Co.
|
Japan |
AdTech Software
|
JPY 517
|
$143M |
1.1x |
N/A |
|
Kanamic Network
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 529
|
$142M |
3.9x |
10.9x |
|
Geniee
|
Japan |
AdTech Software
|
JPY 1111
|
$137M |
1.9x |
N/A |
|
Findex
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 955
|
$132M |
3.4x |
10.7x |
|
PCA Corp.
|
Japan |
Financial Management Software
|
JPY 1989
|
$130M |
1.3x |
N/A |
|
NeoJapan
|
Japan |
Communication & Collaboration Software,
Sales & Marketing Automation Software,
Productivity Software
|
JPY 1808
|
$125M |
2.7x |
N/A |
|
Intelligent Wave
|
Japan |
Financial Services Software,
Payments Infrastructure
|
JPY 1000
|
$125M |
1.3x |
N/A |
|
Fan Communications
|
Japan |
AdTech Software
|
JPY 512
|
$122M |
N/A |
N/A |
|
Digital Hearts Holdings
|
Japan |
IT Consulting,
Travel & Hospitality Software
|
JPY 944
|
$117M |
0.5x |
5.3x |
|
Elements
|
Japan |
Cybersecurity
|
JPY 717
|
$111M |
N/A |
N/A |
|
Cyber Security Cloud
|
Japan |
Cybersecurity
|
JPY 1993
|
$110M |
N/A |
N/A |
|
JIG-SAW
|
Japan |
Cloud Infrastructure,
Semiconductors
|
JPY 2850
|
$110M |
N/A |
N/A |
|
BASE
|
Japan |
E-commerce Software
|
JPY 328
|
$103M |
N/A |
N/A |
|
OpenWork
|
Japan |
Human Capital Management Software,
Online Jobs & Recruitment,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 1106
|
$102M |
N/A |
N/A |
|
eBASE
|
Japan |
Content Management Software
|
JPY 470
|
$99.4M |
2.9x |
N/A |
|
Kubell
|
Japan |
Communication & Collaboration Software
|
JPY 427
|
$98.7M |
N/A |
N/A |
|
Heroz
|
Japan |
Vertical AI Applications
|
JPY 915
|
$90.8M |
2.3x |
18.1x |
|
CE Holdings
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 1053
|
$90.8M |
0.9x |
N/A |
|
Kudan
|
Japan |
Autonomous AI & Robotics,
Robotics,
Autonomous Tech,
VR & AR
|
JPY 1439
|
$89.9M |
16.9x |
N/A |
|
Laboro AI
|
Japan |
Pure-Play AI Software
|
JPY 924
|
$80.0M |
6.7x |
N/A |
|
Susmed
|
Japan |
Healthcare Software,
Medical Devices
|
JPY 955
|
$73.6M |
25.2x |
N/A |
|
Fast Accounting
|
Japan |
Financial Management Software
|
JPY 1049
|
$63.2M |
N/A |
N/A |
|
SpiderPlus
|
Japan |
Industrial Software
|
JPY 326
|
$62.1M |
1.7x |
N/A |
|
Data Horizon
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 527
|
$60.9M |
N/A |
N/A |
|
Unerry
|
Japan |
AdTech Software
|
JPY 2870
|
$57.3M |
2.1x |
N/A |
|
Enechange
|
Japan |
Energy & Utilities Software,
Industrial Software,
Price Comparison,
Lead Generation,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 285
|
$55.6M |
1.7x |
N/A |
|
SOFTMAX
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 364
|
$42.0M |
N/A |
N/A |
|
Jig.jp
|
Japan |
Consumer Apps,
Productivity Software,
Streaming
|
JPY 236
|
$36.3M |
0.4x |
N/A |
|
Unirita
|
Japan |
IT Operations Management,
Network Management
|
JPY 1980
|
$32.7M |
0.4x |
N/A |
|
All About
|
Japan |
AdTech Software,
Online Content & News
|
JPY 398
|
$25.8M |
0.3x |
N/A |
|
Towa Hi System
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 2383
|
$22.8M |
1.5x |
N/A |
|
ValueCommerce Co
|
Japan |
AdTech Software
|
JPY 667
|
$19.0M |
N/A |
N/A |
|
RareJob
|
Japan |
Education & Training,
Learning Platforms,
Education Software
|
JPY 315
|
$16.6M |
0.3x |
3.5x |
|
GVA Tech
|
Japan |
Professional Services Software
|
JPY 474
|
$14.2M |
N/A |
N/A |
|
Welby
|
Japan |
Digital Therapeutics,
Healthcare Software
|
JPY 298
|
$13.5M |
N/A |
N/A |
|
visumo
|
Japan |
AdTech Software
|
JPY 933
|
$10.0M |
1.9x |
N/A |
|
Adways
|
Japan |
AdTech Software
|
JPY 264
|
$9.3M |
N/A |
N/A |
|
MRSO
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 874
|
$7.9M |
N/A |
N/A |
|
tripla
|
Japan |
Vertical AI Applications,
Travel & Hospitality Software
|
JPY 1947
|
$1.1M |
0.1x |
N/A |