OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 5232
|
$14.2B |
16.6x |
24.9x |
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 15275
|
$12.7B |
7.0x |
21.1x |
M3 Inc.
|
Japan |
Healthcare Software,
Online Content & News
|
JPY 2185
|
$9.2B |
4.3x |
17.0x |
Trend Micro
|
Japan |
Cybersecurity
|
JPY 7851
|
$5.5B |
3.0x |
10.3x |
CyberAgent
|
Japan |
Advertising & Marketing,
AdTech Software
|
JPY 1795
|
$5.2B |
0.9x |
11.4x |
Biprogy
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 6365
|
$4.0B |
1.4x |
10.1x |
Internet Initiative Japan
|
Japan |
IT Consulting,
Network Management,
Internet Service Providers
|
JPY 2779
|
$3.3B |
1.5x |
9.0x |
Money Forward
|
Japan |
Financial Management Software
|
JPY 6468
|
$2.3B |
7.3x |
105.1x |
PHC Holdings
|
Japan |
Medical Devices,
Healthcare Software
|
JPY 987
|
$2.3B |
0.9x |
7.0x |
Sansan
|
Japan |
Sales & Marketing Automation Software
|
JPY 1920
|
$1.4B |
4.7x |
45.5x |
Justsystems
|
Japan |
Content Management Software,
Developer Tools
|
JPY 4635
|
$1.3B |
4.3x |
N/A |
Cybozu
|
Japan |
Communication & Collaboration Software,
Productivity Software
|
JPY 3825
|
$1.1B |
4.9x |
16.5x |
Freee
|
Japan |
Financial Management Software,
Human Capital Management Software,
ERP Software
|
JPY 3125
|
$1.1B |
4.6x |
77.1x |
Systena
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 497
|
$1.1B |
1.8x |
N/A |
Appier Group
|
Japan |
Artificial Intelligence,
Sales & Marketing Automation Software
|
JPY 1546
|
$999M |
3.6x |
21.4x |
SAKURA Internet
|
Japan |
Cloud Infrastructure
|
JPY 3005
|
$793M |
3.6x |
14.1x |
Tsuburaya Fields Holdings
|
Japan |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
JPY 2116
|
$746M |
0.8x |
6.3x |
PKSHA Technology
|
Japan |
Artificial Intelligence
|
JPY 3670
|
$689M |
4.9x |
20.0x |
Baudroie
|
Japan |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
JPY 3085
|
$629M |
6.5x |
29.4x |
Plus Alpha Consulting
|
Japan |
BI & Analytics Software,
Cloud Infrastructure,
IT Consulting
|
JPY 2456
|
$610M |
5.3x |
14.7x |
Digital Arts
|
Japan |
Cybersecurity,
Public Sector & Non-Profit Software
|
JPY 7740
|
$583M |
7.8x |
N/A |
Medley Inc.
|
Japan |
Healthcare Software,
Telemedicine & Virtual Care
|
JPY 2482
|
$571M |
2.4x |
17.5x |
Infomart
|
Japan |
E-commerce Software,
Supply Chain Management Software
|
JPY 373
|
$554M |
4.6x |
21.6x |
Bengo4.com
|
Japan |
Legal Services,
Tax & Accounting,
Governance, Risk & Compliance Software,
Lead Generation,
Vertical Marketplaces,
Consumer Marketplaces
|
JPY 3285
|
$481M |
4.7x |
28.1x |
ZUKEN
|
Japan |
Design & Engineering Software,
Industrial Software
|
JPY 4970
|
$479M |
1.7x |
N/A |
Broadleaf
|
Japan |
Automotive Software
|
JPY 757
|
$477M |
3.8x |
N/A |
Software Service
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 14760
|
$447M |
1.6x |
10.5x |
Septeni Holdings
|
Japan |
AdTech Software
|
JPY 415
|
$446M |
2.1x |
15.0x |
Fixstars
|
Japan |
IoT,
Artificial Intelligence
|
JPY 1903
|
$377M |
7.0x |
N/A |
Hennge
|
Japan |
Cybersecurity
|
JPY 1834
|
$356M |
6.3x |
50.1x |
Safie
|
Japan |
Video & Streaming Software
|
JPY 1021
|
$343M |
2.9x |
N/A |
Fukui Computer Group
|
Japan |
Design & Engineering Software
|
JPY 3315
|
$319M |
3.1x |
7.4x |
AnyMind Group
|
Japan |
Sales & Marketing Automation Software,
AdTech Software,
BI & Analytics Software
|
JPY 770
|
$318M |
0.9x |
12.3x |
Miroku Jyoho Service
|
Japan |
Financial Management Software,
Tax & Accounting
|
JPY 1842
|
$315M |
1.0x |
N/A |
Avant Group
|
Japan |
Financial Management Software,
Business Consulting
|
JPY 1525
|
$298M |
1.6x |
8.6x |
Value HR
|
Japan |
Healthcare Software,
Health Benefits & Financial Solutions
|
JPY 1531
|
$290M |
5.1x |
N/A |
EM Systems Co.
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 755
|
$287M |
1.8x |
9.0x |
Kusurinomadoguchi
|
Japan |
Healthcare Software
|
JPY 3940
|
$284M |
3.8x |
N/A |
eWeLL Co
|
Japan |
Healthcare Software
|
JPY 2863
|
$279M |
13.4x |
28.0x |
ExaWizards
|
Japan |
Artificial Intelligence,
IT Consulting
|
JPY 511
|
$278M |
3.9x |
N/A |
Plaid
|
Japan |
Sales & Marketing Automation Software
|
JPY 1122
|
$275M |
3.1x |
134.6x |
FreeBit Co
|
Japan |
Internet Service Providers,
Cloud Infrastructure
|
JPY 1624
|
$246M |
0.6x |
N/A |
oRo Co.
|
Japan |
ERP Software,
IT Consulting
|
JPY 2740
|
$229M |
3.9x |
N/A |
MTI Ltd.
|
Japan |
Healthcare Software,
Health & Beauty
|
JPY 805
|
$200M |
1.0x |
6.7x |
Abeja
|
Japan |
Artificial Intelligence
|
JPY 3375
|
$195M |
10.4x |
N/A |
Alpha Systems
|
Japan |
Network Management
|
JPY 3710
|
$191M |
0.7x |
N/A |
Amiya
|
Japan |
Network Management,
IT Consulting
|
JPY 3765
|
$189M |
N/A |
N/A |
Elements
|
Japan |
Cybersecurity
|
JPY 1133
|
$188M |
N/A |
N/A |
Vrain Solution
|
Japan |
Artificial Intelligence,
Industrial Software
|
JPY 2716
|
$182M |
12.6x |
N/A |
User Local
|
Japan |
BI & Analytics Software,
Artificial Intelligence
|
JPY 2100
|
$173M |
5.6x |
N/A |
BASE
|
Japan |
E-commerce Software
|
JPY 373
|
$162M |
1.3x |
30.0x |
Geniee
|
Japan |
AdTech Software
|
JPY 1327
|
$157M |
2.1x |
N/A |
NeoJapan
|
Japan |
Communication & Collaboration Software,
Sales & Marketing Automation Software,
Productivity Software
|
JPY 2015
|
$153M |
3.1x |
N/A |
Kanamic Network
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 514
|
$149M |
4.1x |
12.9x |
Intelligent Wave
|
Japan |
Financial Services Software,
Payments Infrastructure
|
JPY 1065
|
$145M |
1.4x |
N/A |
Systems Engineering
|
Japan |
Industrial Software,
Robotics,
Satellite Communications
|
JPY 4600
|
$143M |
2.0x |
N/A |
Fan Communications
|
Japan |
AdTech Software
|
JPY 528
|
$137M |
2.9x |
N/A |
PCA Corp.
|
Japan |
Financial Management Software
|
JPY 1959
|
$137M |
1.2x |
N/A |
Digital Hearts Holdings
|
Japan |
IT Consulting,
Travel & Hospitality Software
|
JPY 979
|
$133M |
0.5x |
8.3x |
OpenWork
|
Japan |
Human Capital Management Software,
Online Jobs & Recruitment,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 1267
|
$131M |
5.5x |
N/A |
Medical Data Vision
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 549
|
$128M |
2.8x |
28.7x |
Findex
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 847
|
$127M |
3.1x |
10.1x |
Heroz
|
Japan |
Artificial Intelligence
|
JPY 1107
|
$115M |
2.8x |
21.6x |
Kubell
|
Japan |
Communication & Collaboration Software
|
JPY 461
|
$115M |
2.0x |
19.9x |
eBASE
|
Japan |
Content Management Software
|
JPY 495
|
$114M |
3.1x |
N/A |
Cyber Security Cloud
|
Japan |
Cybersecurity
|
JPY 1831
|
$106M |
4.1x |
N/A |
JIG-SAW
|
Japan |
Cloud Infrastructure,
Semiconductors
|
JPY 2536
|
$105M |
4.5x |
N/A |
Fast Accounting
|
Japan |
Financial Management Software
|
JPY 1501
|
$101M |
7.0x |
N/A |
Laboro AI
|
Japan |
Artificial Intelligence
|
JPY 1026
|
$96.9M |
9.5x |
N/A |
SpiderPlus
|
Japan |
Industrial Software
|
JPY 452
|
$96.4M |
2.7x |
N/A |
i-mobile Co.
|
Japan |
AdTech Software
|
JPY 642
|
$96.3M |
N/A |
N/A |
Enechange
|
Japan |
Energy & Utilities Software,
Industrial Software,
Price Comparison,
Lead Generation,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 402
|
$94.3M |
2.7x |
N/A |
Unerry
|
Japan |
AdTech Software
|
JPY 4050
|
$90.7M |
3.4x |
N/A |
MedPeer
|
Japan |
Learning Platforms,
Health Data & Analytics,
Market Research
|
JPY 696
|
$71.6M |
0.7x |
5.5x |
CE Holdings
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 750
|
$65.7M |
0.7x |
N/A |
Susmed
|
Japan |
Healthcare Software,
Medical Devices
|
JPY 837
|
$64.1M |
17.4x |
N/A |
Kudan
|
Japan |
Artificial Intelligence,
Robotics,
Autonomous Tech,
VR & AR
|
JPY 1031
|
$62.0M |
15.5x |
N/A |
Jig.jp
|
Japan |
Consumer Apps,
Productivity Software,
Streaming
|
JPY 313
|
$60.4M |
0.6x |
N/A |
Data Horizon
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 543
|
$60.0M |
N/A |
N/A |
Gmo Tech
|
Japan |
AdTech Software
|
JPY 6740
|
$43.1M |
0.9x |
N/A |
SOFTMAX
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 341
|
$41.0M |
1.1x |
N/A |
ValueCommerce
|
Japan |
AdTech Software
|
JPY 800
|
$33.8M |
0.2x |
1.1x |
Unirita
|
Japan |
IT Operations Management,
Network Management
|
JPY 1937
|
$32.4M |
0.4x |
N/A |
All About
|
Japan |
AdTech Software,
Online Content & News
|
JPY 419
|
$28.5M |
0.3x |
N/A |
GVA Tech
|
Japan |
Professional Services Software
|
JPY 820
|
$25.9M |
N/A |
N/A |
Towa Hi System
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 2350
|
$25.0M |
1.6x |
N/A |
RareJob
|
Japan |
Education & Training,
Learning Platforms,
Education Software
|
JPY 356
|
$19.7M |
0.3x |
3.9x |
Welby
|
Japan |
Digital Therapeutics,
Healthcare Software
|
JPY 334
|
$16.4M |
4.6x |
N/A |
MRSO
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 1089
|
$13.9M |
1.5x |
N/A |
tripla
|
Japan |
Artificial Intelligence,
Travel & Hospitality Software
|
JPY 2151
|
$9.3M |
0.7x |
N/A |
visumo
|
Japan |
AdTech Software
|
JPY 1018
|
$8.9M |
1.6x |
N/A |
Adways
|
Japan |
AdTech Software
|
JPY 291
|
$7.1M |
0.1x |
N/A |