|
OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 4091
|
$10.0B |
12.1x |
18.0x |
|
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 9360
|
$7.2B |
4.1x |
12.5x |
|
M3 Inc.
|
Japan |
Healthcare Software,
Online Content & News
|
JPY 1667
|
$6.2B |
2.9x |
11.4x |
|
CyberAgent
|
Japan |
Advertising & Marketing,
AdTech Software
|
JPY 1347
|
$3.6B |
0.6x |
7.2x |
|
Trend Micro
|
Japan |
Cybersecurity
|
JPY 5278
|
$2.9B |
1.7x |
5.7x |
|
Biprogy
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 4503
|
$2.7B |
1.0x |
7.1x |
|
Internet Initiative Japan
|
Japan |
IT Consulting,
Network Management,
Internet Service Providers
|
JPY 2230
|
$2.5B |
1.1x |
6.3x |
|
PHC Holdings
|
Japan |
Medical Devices,
Healthcare Software
|
JPY 1072
|
$2.1B |
0.9x |
6.8x |
|
Money Forward
|
Japan |
Financial Management Software
|
JPY 3083
|
$989M |
3.2x |
32.6x |
|
SAKURA Internet
|
Japan |
Cloud Infrastructure
|
JPY 3020
|
$887M |
4.1x |
18.7x |
|
Systena
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 442
|
$870M |
1.5x |
N/A |
|
Justsystems
|
Japan |
Content Management Software,
Developer Tools
|
JPY 3685
|
$804M |
2.8x |
N/A |
|
Sansan
|
Japan |
Sales & Marketing Automation Software
|
JPY 1174
|
$785M |
2.5x |
19.3x |
|
Freee
|
Japan |
Financial Management Software,
Human Capital Management Software,
ERP Software
|
JPY 2150
|
$675M |
2.8x |
55.5x |
|
PKSHA Technology
|
Japan |
Pure-Play AI Software
|
JPY 3250
|
$591M |
3.7x |
16.0x |
|
Cybozu
|
Japan |
Communication & Collaboration Software,
Productivity Software
|
JPY 2164
|
$562M |
2.4x |
7.0x |
|
Plus Alpha Consulting
|
Japan |
BI & Analytics Software,
Cloud Infrastructure,
IT Consulting
|
JPY 2240
|
$517M |
4.6x |
11.4x |
|
Infomart
|
Japan |
E-commerce Software,
Supply Chain Management Software
|
JPY 369
|
$506M |
4.2x |
17.5x |
|
Appier Group
|
Japan |
Pure-Play AI Software,
Sales & Marketing Automation Software
|
JPY 828
|
$477M |
1.7x |
10.3x |
|
Tsuburaya Fields Holdings
|
Japan |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
JPY 1553
|
$443M |
0.5x |
4.2x |
|
Septeni Holdings
|
Japan |
AdTech Software
|
JPY 416
|
$417M |
2.1x |
13.7x |
|
Medley Inc.
|
Japan |
Healthcare Software,
Telemedicine & Virtual Care
|
JPY 1866
|
$414M |
1.8x |
14.3x |
|
Broadleaf
|
Japan |
Automotive Software
|
JPY 712
|
$410M |
3.2x |
N/A |
|
ZUKEN
|
Japan |
Design & Engineering Software,
Industrial Software
|
JPY 4620
|
$403M |
1.6x |
N/A |
|
Medical Data Vision
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 1680
|
$393M |
9.0x |
101.7x |
|
ExaWizards
|
Japan |
Pure-Play AI Software,
IT Consulting
|
JPY 688
|
$364M |
5.1x |
N/A |
|
Digital Arts
|
Japan |
Cybersecurity,
Public Sector & Non-Profit Software
|
JPY 5520
|
$349M |
4.9x |
N/A |
|
Baudroie
|
Japan |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
JPY 1712
|
$330M |
3.2x |
14.5x |
|
Fukui Computer Group
|
Japan |
Design & Engineering Software
|
JPY 3435
|
$317M |
3.2x |
7.3x |
|
Software Service
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 13050
|
$312M |
1.1x |
7.0x |
|
Bengo4.com
|
Japan |
Legal Services,
Tax & Accounting,
Governance, Risk & Compliance Software,
Lead Generation,
Vertical Marketplaces,
Consumer Marketplaces
|
JPY 2307
|
$308M |
3.1x |
16.5x |
|
Miroku Jyoho Service
|
Japan |
Financial Management Software,
Tax & Accounting
|
JPY 1803
|
$297M |
1.0x |
N/A |
|
Fixstars
|
Japan |
IoT,
AI Chips & Hardware
|
JPY 1552
|
$288M |
4.7x |
N/A |
|
EM Systems Co.
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 701
|
$262M |
1.8x |
8.4x |
|
Safie
|
Japan |
Video & Streaming Software
|
JPY 836
|
$258M |
2.1x |
N/A |
|
Value HR
|
Japan |
Healthcare Software,
Health Benefits & Financial Solutions
|
JPY 1407
|
$252M |
N/A |
N/A |
|
Systems Engineering
|
Japan |
Industrial Software,
Robotics,
Satellite Communications
|
JPY 3975
|
$230M |
3.5x |
N/A |
|
Avant Group
|
Japan |
Financial Management Software,
Business Consulting
|
JPY 1384
|
$225M |
1.2x |
6.9x |
|
FreeBit Co
|
Japan |
Internet Service Providers,
Cloud Infrastructure
|
JPY 1548
|
$216M |
0.6x |
N/A |
|
eWeLL Co
|
Japan |
Healthcare Software
|
JPY 2218
|
$201M |
9.4x |
19.2x |
|
Alpha Systems
|
Japan |
Network Management
|
JPY 3715
|
$187M |
0.8x |
N/A |
|
AnyMind Group
|
Japan |
Sales & Marketing Automation Software,
AdTech Software,
BI & Analytics Software
|
JPY 473
|
$186M |
0.5x |
7.6x |
|
Kusurinomadoguchi
|
Japan |
Healthcare Software
|
JPY 2720
|
$181M |
2.4x |
N/A |
|
Vrain Solution
|
Japan |
Pure-Play AI Software,
Industrial Software
|
JPY 2686
|
$175M |
12.9x |
N/A |
|
Abeja
|
Japan |
Pure-Play AI Software
|
JPY 3000
|
$171M |
6.9x |
N/A |
|
Hennge
|
Japan |
Cybersecurity
|
JPY 982
|
$161M |
2.3x |
N/A |
|
Amiya
|
Japan |
Network Management,
IT Consulting
|
JPY 3452
|
$161M |
N/A |
N/A |
|
MTI Ltd.
|
Japan |
Healthcare Software,
Health & Beauty
|
JPY 688
|
$155M |
0.8x |
5.6x |
|
i-mobile Co.
|
Japan |
AdTech Software
|
JPY 537
|
$151M |
1.1x |
N/A |
|
Kanamic Network
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 555
|
$151M |
4.1x |
11.5x |
|
Kudan
|
Japan |
Autonomous AI & Robotics,
Robotics,
Autonomous Tech,
VR & AR
|
JPY 2153
|
$142M |
26.4x |
N/A |
|
oRo Co.
|
Japan |
ERP Software,
IT Consulting
|
JPY 1955
|
$136M |
2.6x |
N/A |
|
PCA Corp.
|
Japan |
Financial Management Software
|
JPY 1969
|
$132M |
1.3x |
N/A |
|
Intelligent Wave
|
Japan |
Financial Services Software,
Payments Infrastructure
|
JPY 1010
|
$127M |
1.3x |
N/A |
|
Geniee
|
Japan |
AdTech Software
|
JPY 960
|
$126M |
1.7x |
N/A |
|
NeoJapan
|
Japan |
Communication & Collaboration Software,
Sales & Marketing Automation Software,
Productivity Software
|
JPY 1803
|
$125M |
2.7x |
N/A |
|
Findex
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 888
|
$123M |
3.1x |
9.9x |
|
Digital Hearts Holdings
|
Japan |
IT Consulting,
Travel & Hospitality Software
|
JPY 932
|
$121M |
0.5x |
5.4x |
|
Plaid
|
Japan |
Sales & Marketing Automation Software
|
JPY 523
|
$114M |
1.3x |
N/A |
|
CE Holdings
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 1254
|
$113M |
1.1x |
N/A |
|
Fan Communications
|
Japan |
AdTech Software
|
JPY 470
|
$105M |
N/A |
N/A |
|
Elements
|
Japan |
Cybersecurity
|
JPY 607
|
$104M |
N/A |
N/A |
|
User Local
|
Japan |
BI & Analytics Software,
Pure-Play AI Software
|
JPY 1591
|
$102M |
3.5x |
N/A |
|
JIG-SAW
|
Japan |
Cloud Infrastructure,
Semiconductors
|
JPY 2576
|
$97.0M |
N/A |
N/A |
|
Cyber Security Cloud
|
Japan |
Cybersecurity
|
JPY 1655
|
$88.5M |
N/A |
N/A |
|
eBASE
|
Japan |
Content Management Software
|
JPY 414
|
$84.3M |
2.4x |
N/A |
|
OpenWork
|
Japan |
Human Capital Management Software,
Online Jobs & Recruitment,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 963
|
$83.5M |
N/A |
N/A |
|
Susmed
|
Japan |
Healthcare Software,
Medical Devices
|
JPY 988
|
$80.2M |
27.3x |
N/A |
|
Heroz
|
Japan |
Vertical AI Applications
|
JPY 785
|
$78.9M |
1.9x |
15.6x |
|
Laboro AI
|
Japan |
Pure-Play AI Software
|
JPY 829
|
$70.9M |
5.9x |
N/A |
|
Kubell
|
Japan |
Communication & Collaboration Software
|
JPY 308
|
$67.7M |
N/A |
N/A |
|
BASE
|
Japan |
E-commerce Software
|
JPY 318
|
$67.6M |
N/A |
N/A |
|
Data Horizon
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 464
|
$56.2M |
N/A |
N/A |
|
SpiderPlus
|
Japan |
Industrial Software
|
JPY 278
|
$51.8M |
1.4x |
N/A |
|
Enechange
|
Japan |
Energy & Utilities Software,
Industrial Software,
Price Comparison,
Lead Generation,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 259
|
$48.9M |
1.5x |
N/A |
|
Fast Accounting
|
Japan |
Financial Management Software
|
JPY 822
|
$47.7M |
N/A |
N/A |
|
Unerry
|
Japan |
AdTech Software
|
JPY 2274
|
$43.6M |
1.6x |
N/A |
|
Jig.jp
|
Japan |
Consumer Apps,
Productivity Software,
Streaming
|
JPY 231
|
$35.3M |
0.4x |
N/A |
|
SOFTMAX
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 312
|
$34.3M |
N/A |
N/A |
|
Unirita
|
Japan |
IT Operations Management,
Network Management
|
JPY 1972
|
$32.5M |
0.4x |
N/A |
|
All About
|
Japan |
AdTech Software,
Online Content & News
|
JPY 395
|
$25.7M |
0.3x |
N/A |
|
Towa Hi System
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 2428
|
$23.6M |
1.5x |
N/A |
|
RareJob
|
Japan |
Education & Training,
Learning Platforms,
Education Software
|
JPY 313
|
$16.6M |
0.3x |
3.5x |
|
Welby
|
Japan |
Digital Therapeutics,
Healthcare Software
|
JPY 279
|
$12.6M |
N/A |
N/A |
|
GVA Tech
|
Japan |
Professional Services Software
|
JPY 358
|
$10.9M |
N/A |
N/A |
|
visumo
|
Japan |
AdTech Software
|
JPY 864
|
$9.2M |
1.7x |
N/A |
|
MRSO
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 880
|
$8.1M |
N/A |
N/A |
|
Adways
|
Japan |
AdTech Software
|
JPY 279
|
$6.2M |
N/A |
N/A |
|
ValueCommerce Co
|
Japan |
AdTech Software
|
JPY 446
|
-$8.6M |
N/A |
N/A |
|
tripla
|
Japan |
Vertical AI Applications,
Travel & Hospitality Software
|
JPY 1574
|
-$48.8M |
-2.8x |
N/A |