OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 4858
|
$12.7B |
15.1x |
22.6x |
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 14465
|
$11.8B |
6.6x |
20.0x |
M3 Inc.
|
Japan |
Healthcare Software,
Online Content & News
|
JPY 2140
|
$8.8B |
4.1x |
16.3x |
Trend Micro
|
Japan |
Cybersecurity
|
JPY 7401
|
$5.0B |
2.8x |
9.6x |
CyberAgent
|
Japan |
Advertising & Marketing,
AdTech Software
|
JPY 1599
|
$4.5B |
0.8x |
8.6x |
Biprogy
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 5848
|
$3.5B |
1.3x |
9.1x |
Internet Initiative Japan
|
Japan |
IT Consulting,
Network Management,
Internet Service Providers
|
JPY 2659
|
$3.1B |
1.4x |
8.1x |
PHC Holdings
|
Japan |
Medical Devices,
Healthcare Software
|
JPY 1040
|
$2.3B |
1.0x |
7.2x |
Money Forward
|
Japan |
Financial Management Software
|
JPY 5106
|
$1.8B |
5.7x |
62.9x |
Sansan
|
Japan |
Sales & Marketing Automation Software
|
JPY 1743
|
$1.3B |
4.1x |
36.7x |
Justsystems
|
Japan |
Content Management Software,
Developer Tools
|
JPY 4370
|
$1.1B |
3.9x |
N/A |
Freee
|
Japan |
Financial Management Software,
Human Capital Management Software,
ERP Software
|
JPY 3390
|
$1.1B |
4.9x |
93.4x |
Systena
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 482
|
$992M |
1.7x |
N/A |
Appier Group
|
Japan |
Pure-Play AI Software,
Sales & Marketing Automation Software
|
JPY 1383
|
$864M |
3.1x |
17.9x |
Cybozu
|
Japan |
Communication & Collaboration Software,
Productivity Software
|
JPY 2996
|
$862M |
3.7x |
12.1x |
SAKURA Internet
|
Japan |
Cloud Infrastructure
|
JPY 3225
|
$830M |
3.7x |
15.5x |
Tsuburaya Fields Holdings
|
Japan |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
JPY 2239
|
$776M |
0.8x |
6.5x |
PKSHA Technology
|
Japan |
Pure-Play AI Software
|
JPY 3645
|
$665M |
4.6x |
17.4x |
Baudroie
|
Japan |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
JPY 2958
|
$595M |
6.0x |
27.1x |
Plus Alpha Consulting
|
Japan |
BI & Analytics Software,
Cloud Infrastructure,
IT Consulting
|
JPY 2336
|
$581M |
5.2x |
13.6x |
Digital Arts
|
Japan |
Cybersecurity,
Public Sector & Non-Profit Software
|
JPY 7100
|
$509M |
6.8x |
N/A |
Medley Inc.
|
Japan |
Healthcare Software,
Telemedicine & Virtual Care
|
JPY 2168
|
$477M |
2.0x |
14.7x |
Infomart
|
Japan |
E-commerce Software,
Supply Chain Management Software
|
JPY 316
|
$454M |
3.8x |
17.1x |
Broadleaf
|
Japan |
Automotive Software
|
JPY 717
|
$440M |
3.5x |
N/A |
ZUKEN
|
Japan |
Design & Engineering Software,
Industrial Software
|
JPY 4770
|
$435M |
1.6x |
N/A |
Bengo4.com
|
Japan |
Legal Services,
Tax & Accounting,
Governance, Risk & Compliance Software,
Lead Generation,
Vertical Marketplaces,
Consumer Marketplaces
|
JPY 3035
|
$431M |
4.3x |
24.2x |
Septeni Holdings
|
Japan |
AdTech Software
|
JPY 402
|
$417M |
2.1x |
14.0x |
Software Service
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 13800
|
$402M |
1.5x |
9.5x |
Fixstars
|
Japan |
IoT,
AI Chips & Hardware
|
JPY 1888
|
$364M |
N/A |
N/A |
ExaWizards
|
Japan |
Pure-Play AI Software,
IT Consulting
|
JPY 597
|
$317M |
4.5x |
N/A |
Value HR
|
Japan |
Healthcare Software,
Health Benefits & Financial Solutions
|
JPY 1697
|
$311M |
5.7x |
N/A |
Miroku Jyoho Service
|
Japan |
Financial Management Software,
Tax & Accounting
|
JPY 1781
|
$295M |
1.0x |
N/A |
Safie
|
Japan |
Video & Streaming Software
|
JPY 902
|
$290M |
2.4x |
N/A |
Fukui Computer Group
|
Japan |
Design & Engineering Software
|
JPY 3080
|
$279M |
2.8x |
6.6x |
AnyMind Group
|
Japan |
Sales & Marketing Automation Software,
AdTech Software,
BI & Analytics Software
|
JPY 675
|
$272M |
0.7x |
10.9x |
EM Systems Co.
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 738
|
$272M |
1.8x |
9.3x |
eWeLL Co
|
Japan |
Healthcare Software
|
JPY 2738
|
$259M |
12.3x |
25.7x |
Avant Group
|
Japan |
Financial Management Software,
Business Consulting
|
JPY 1483
|
$256M |
1.3x |
7.6x |
Hennge
|
Japan |
Cybersecurity
|
JPY 1399
|
$256M |
N/A |
N/A |
Kusurinomadoguchi
|
Japan |
Healthcare Software
|
JPY 3555
|
$248M |
3.4x |
N/A |
FreeBit Co
|
Japan |
Internet Service Providers,
Cloud Infrastructure
|
JPY 1606
|
$237M |
0.6x |
N/A |
Plaid
|
Japan |
Sales & Marketing Automation Software
|
JPY 955
|
$223M |
2.5x |
N/A |
Vrain Solution
|
Japan |
Pure-Play AI Software,
Industrial Software
|
JPY 2942
|
$198M |
14.1x |
N/A |
oRo Co.
|
Japan |
ERP Software,
IT Consulting
|
JPY 2460
|
$192M |
3.6x |
N/A |
Amiya
|
Japan |
Network Management,
IT Consulting
|
JPY 3805
|
$186M |
N/A |
N/A |
MTI Ltd.
|
Japan |
Healthcare Software,
Health & Beauty
|
JPY 775
|
$184M |
0.9x |
6.2x |
Alpha Systems
|
Japan |
Network Management
|
JPY 3660
|
$182M |
0.7x |
N/A |
Abeja
|
Japan |
Pure-Play AI Software
|
JPY 2814
|
$155M |
6.6x |
N/A |
Geniee
|
Japan |
AdTech Software
|
JPY 1243
|
$146M |
2.0x |
N/A |
Systems Engineering
|
Japan |
Industrial Software,
Robotics,
Satellite Communications
|
JPY 2315
|
$141M |
2.1x |
N/A |
User Local
|
Japan |
BI & Analytics Software,
Pure-Play AI Software
|
JPY 1876
|
$140M |
4.7x |
N/A |
Intelligent Wave
|
Japan |
Financial Services Software,
Payments Infrastructure
|
JPY 1020
|
$133M |
1.3x |
N/A |
Kanamic Network
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 464
|
$130M |
3.6x |
11.4x |
NeoJapan
|
Japan |
Communication & Collaboration Software,
Sales & Marketing Automation Software,
Productivity Software
|
JPY 1800
|
$129M |
2.7x |
N/A |
PCA Corp.
|
Japan |
Financial Management Software
|
JPY 1915
|
$127M |
1.2x |
N/A |
Digital Hearts Holdings
|
Japan |
IT Consulting,
Travel & Hospitality Software
|
JPY 930
|
$123M |
0.5x |
7.9x |
Elements
|
Japan |
Cybersecurity
|
JPY 752
|
$121M |
N/A |
N/A |
Fan Communications
|
Japan |
AdTech Software
|
JPY 488
|
$116M |
2.5x |
N/A |
Findex
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 807
|
$115M |
2.9x |
9.3x |
BASE
|
Japan |
E-commerce Software
|
JPY 312
|
$112M |
1.1x |
21.3x |
Cyber Security Cloud
|
Japan |
Cybersecurity
|
JPY 1880
|
$106M |
4.2x |
N/A |
Heroz
|
Japan |
Vertical AI Applications
|
JPY 1027
|
$104M |
2.5x |
20.1x |
Medical Data Vision
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 453
|
$100M |
2.2x |
22.2x |
OpenWork
|
Japan |
Human Capital Management Software,
Online Jobs & Recruitment,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 1049
|
$97.8M |
4.2x |
N/A |
Kubell
|
Japan |
Communication & Collaboration Software
|
JPY 400
|
$95.2M |
1.7x |
16.9x |
eBASE
|
Japan |
Content Management Software
|
JPY 435
|
$92.9M |
2.6x |
N/A |
JIG-SAW
|
Japan |
Cloud Infrastructure,
Semiconductors
|
JPY 2208
|
$87.6M |
3.8x |
N/A |
i-mobile Co.
|
Japan |
AdTech Software
|
JPY 600
|
$86.1M |
0.6x |
N/A |
SpiderPlus
|
Japan |
Industrial Software
|
JPY 408
|
$83.6M |
2.3x |
N/A |
Laboro AI
|
Japan |
Pure-Play AI Software
|
JPY 917
|
$82.9M |
N/A |
N/A |
CE Holdings
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 892
|
$78.6M |
N/A |
N/A |
Fast Accounting
|
Japan |
Financial Management Software
|
JPY 1214
|
$77.6M |
5.3x |
N/A |
Enechange
|
Japan |
Energy & Utilities Software,
Industrial Software,
Price Comparison,
Lead Generation,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 323
|
$69.7M |
2.1x |
N/A |
Unerry
|
Japan |
AdTech Software
|
JPY 3275
|
$69.4M |
2.6x |
N/A |
Susmed
|
Japan |
Healthcare Software,
Medical Devices
|
JPY 889
|
$69.2M |
17.1x |
N/A |
Data Horizon
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 599
|
$63.1M |
N/A |
N/A |
Kudan
|
Japan |
Autonomous AI & Robotics,
Robotics,
Autonomous Tech,
VR & AR
|
JPY 1000
|
$58.1M |
13.7x |
N/A |
Jig.jp
|
Japan |
Consumer Apps,
Productivity Software,
Streaming
|
JPY 291
|
$52.8M |
0.6x |
N/A |
SOFTMAX
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 380
|
$46.1M |
1.3x |
N/A |
Unirita
|
Japan |
IT Operations Management,
Network Management
|
JPY 1936
|
$31.5M |
0.4x |
N/A |
All About
|
Japan |
AdTech Software,
Online Content & News
|
JPY 396
|
$25.6M |
0.2x |
N/A |
Towa Hi System
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 2399
|
$25.1M |
N/A |
N/A |
GVA Tech
|
Japan |
Professional Services Software
|
JPY 716
|
$22.1M |
N/A |
N/A |
RareJob
|
Japan |
Education & Training,
Learning Platforms,
Education Software
|
JPY 354
|
$19.1M |
0.3x |
3.9x |
ValueCommerce
|
Japan |
AdTech Software
|
JPY 692
|
$17.6M |
0.1x |
0.6x |
Welby
|
Japan |
Digital Therapeutics,
Healthcare Software
|
JPY 293
|
$13.7M |
4.0x |
N/A |
MRSO
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 980
|
$10.7M |
1.2x |
N/A |
visumo
|
Japan |
AdTech Software
|
JPY 948
|
$7.9M |
1.5x |
N/A |
Adways
|
Japan |
AdTech Software
|
JPY 285
|
$5.4M |
0.1x |
N/A |
tripla
|
Japan |
Vertical AI Applications,
Travel & Hospitality Software
|
JPY 1759
|
-$6.1M |
-0.5x |
N/A |