OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 5450
|
$15.2B |
17.6x |
26.4x |
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 16345
|
$14.0B |
7.6x |
22.8x |
M3 Inc.
|
Japan |
Healthcare Software,
Online Content & News
|
JPY 1815
|
$7.5B |
3.6x |
13.9x |
Trend Micro
|
Japan |
Cybersecurity
|
JPY 9442
|
$7.2B |
3.7x |
12.8x |
CyberAgent
|
Japan |
Advertising & Marketing,
AdTech Software
|
JPY 1477
|
$4.3B |
0.7x |
10.5x |
Biprogy
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 5875
|
$3.8B |
1.3x |
9.5x |
Internet Initiative Japan
|
Japan |
IT Consulting,
Network Management,
Internet Service Providers
|
JPY 2684
|
$3.3B |
1.5x |
8.7x |
PHC Holdings
|
Japan |
Medical Devices,
Healthcare Software
|
JPY 899
|
$2.2B |
0.9x |
6.6x |
Money Forward
|
Japan |
Financial Management Software
|
JPY 5050
|
$1.8B |
5.8x |
104.1x |
Sansan
|
Japan |
Sales & Marketing Automation Software
|
JPY 1899
|
$1.5B |
4.9x |
50.3x |
Freee
|
Japan |
Financial Management Software,
Human Capital Management Software,
ERP Software
|
JPY 3765
|
$1.4B |
6.0x |
71.8x |
Cybozu
|
Japan |
Communication & Collaboration Software,
Productivity Software
|
JPY 3830
|
$1.2B |
5.0x |
17.5x |
Appier Group
|
Japan |
Artificial Intelligence,
Sales & Marketing Automation Software
|
JPY 1484
|
$985M |
3.6x |
22.0x |
SAKURA Internet
|
Japan |
Cloud Infrastructure
|
JPY 3685
|
$980M |
4.2x |
14.0x |
Justsystems
|
Japan |
Content Management Software,
Developer Tools
|
JPY 3620
|
$913M |
3.0x |
N/A |
Systena
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 392
|
$823M |
1.4x |
N/A |
Medley Inc.
|
Japan |
Healthcare Software,
Telemedicine & Virtual Care
|
JPY 3265
|
$767M |
3.1x |
22.7x |
Tsuburaya Fields Holdings
|
Japan |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
JPY 2019
|
$732M |
0.7x |
6.1x |
PKSHA Technology
|
Japan |
Artificial Intelligence
|
JPY 3325
|
$637M |
4.5x |
18.5x |
Infomart
|
Japan |
E-commerce Software,
Supply Chain Management Software
|
JPY 404
|
$623M |
5.1x |
25.6x |
ZUKEN
|
Japan |
Design & Engineering Software,
Industrial Software
|
JPY 5720
|
$612M |
2.2x |
N/A |
Baudroie
|
Japan |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
JPY 2828
|
$592M |
6.5x |
28.2x |
Digital Arts
|
Japan |
Cybersecurity,
Public Sector & Non-Profit Software
|
JPY 7480
|
$577M |
7.8x |
N/A |
Plus Alpha Consulting
|
Japan |
BI & Analytics Software,
Cloud Infrastructure,
IT Consulting
|
JPY 2180
|
$557M |
4.8x |
13.6x |
Broadleaf
|
Japan |
Automotive Software
|
JPY 719
|
$457M |
3.6x |
N/A |
Bengo4.com
|
Japan |
Legal Services,
Tax & Accounting,
Governance, Risk & Compliance Software,
Lead Generation,
Vertical Marketplaces,
Consumer Marketplaces
|
JPY 2950
|
$441M |
4.3x |
26.1x |
Septeni Holdings
|
Japan |
AdTech Software
|
JPY 426
|
$435M |
2.1x |
14.6x |
Software Service
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 13170
|
$401M |
1.4x |
9.2x |
Fixstars
|
Japan |
IoT,
Artificial Intelligence
|
JPY 1841
|
$378M |
5.9x |
N/A |
Safie
|
Japan |
Video & Streaming Software
|
JPY 1080
|
$367M |
3.1x |
N/A |
Hennge
|
Japan |
Cybersecurity
|
JPY 1572
|
$308M |
5.3x |
42.2x |
Value HR
|
Japan |
Healthcare Software,
Health Benefits & Financial Solutions
|
JPY 1654
|
$305M |
5.3x |
N/A |
Miroku Jyoho Service
|
Japan |
Financial Management Software,
Tax & Accounting
|
JPY 1816
|
$304M |
0.9x |
N/A |
Fukui Computer Group
|
Japan |
Design & Engineering Software
|
JPY 3070
|
$293M |
2.8x |
6.4x |
Avant Group
|
Japan |
Financial Management Software,
Business Consulting
|
JPY 1473
|
$293M |
1.5x |
N/A |
Plaid
|
Japan |
Sales & Marketing Automation Software
|
JPY 1110
|
$290M |
3.2x |
137.9x |
EM Systems Co.
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 715
|
$285M |
1.7x |
8.3x |
MTI Ltd.
|
Japan |
Healthcare Software,
Health & Beauty
|
JPY 918
|
$262M |
1.3x |
7.9x |
oRo Co.
|
Japan |
ERP Software,
IT Consulting
|
JPY 2997
|
$256M |
4.4x |
N/A |
ExaWizards
|
Japan |
Artificial Intelligence,
IT Consulting
|
JPY 421
|
$240M |
3.3x |
N/A |
Kusurinomadoguchi
|
Japan |
Healthcare Software
|
JPY 3270
|
$239M |
3.1x |
N/A |
eWeLL Co
|
Japan |
Healthcare Software
|
JPY 2256
|
$222M |
10.7x |
22.0x |
Abeja
|
Japan |
Artificial Intelligence
|
JPY 3500
|
$208M |
8.9x |
N/A |
AnyMind Group
|
Japan |
Sales & Marketing Automation Software,
AdTech Software,
BI & Analytics Software
|
JPY 550
|
$200M |
0.5x |
7.9x |
Geniee
|
Japan |
AdTech Software
|
JPY 1516
|
$177M |
2.3x |
N/A |
Alpha Systems
|
Japan |
Network Management
|
JPY 3465
|
$168M |
0.6x |
N/A |
Intelligent Wave
|
Japan |
Financial Services Software,
Payments Infrastructure
|
JPY 1071
|
$161M |
N/A |
N/A |
Systems Engineering
|
Japan |
Industrial Software,
Robotics,
Satellite Communications
|
JPY 4920
|
$158M |
2.2x |
N/A |
Amiya
|
Japan |
Network Management,
IT Consulting
|
JPY 3065
|
$158M |
N/A |
N/A |
Elements
|
Japan |
Cybersecurity
|
JPY 913
|
$154M |
N/A |
N/A |
FreeBit Co
|
Japan |
Internet Service Providers,
Cloud Infrastructure
|
JPY 1360
|
$151M |
0.4x |
3.2x |
User Local
|
Japan |
BI & Analytics Software,
Artificial Intelligence
|
JPY 1815
|
$147M |
N/A |
N/A |
Vrain Solution
|
Japan |
Artificial Intelligence,
Industrial Software
|
JPY 2052
|
$140M |
9.5x |
N/A |
BASE
|
Japan |
E-commerce Software
|
JPY 392
|
$139M |
1.1x |
25.0x |
Kanamic Network
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 436
|
$128M |
3.3x |
10.6x |
NeoJapan
|
Japan |
Communication & Collaboration Software,
Sales & Marketing Automation Software,
Productivity Software
|
JPY 1708
|
$127M |
2.5x |
N/A |
Digital Hearts Holdings
|
Japan |
IT Consulting,
Travel & Hospitality Software
|
JPY 928
|
$127M |
0.5x |
7.7x |
Kubell
|
Japan |
Communication & Collaboration Software
|
JPY 470
|
$124M |
2.1x |
20.9x |
eBASE
|
Japan |
Content Management Software
|
JPY 505
|
$120M |
3.2x |
N/A |
Findex
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 728
|
$115M |
2.8x |
9.0x |
Fast Accounting
|
Japan |
Financial Management Software
|
JPY 1587
|
$110M |
9.3x |
N/A |
JIG-SAW
|
Japan |
Cloud Infrastructure,
Semiconductors
|
JPY 2613
|
$108M |
4.5x |
N/A |
SpiderPlus
|
Japan |
Industrial Software
|
JPY 484
|
$106M |
3.1x |
N/A |
Laboro AI
|
Japan |
Artificial Intelligence
|
JPY 1080
|
$105M |
10.1x |
N/A |
Heroz
|
Japan |
Artificial Intelligence
|
JPY 1004
|
$105M |
2.5x |
19.1x |
Cyber Security Cloud
|
Japan |
Cybersecurity
|
JPY 1600
|
$103M |
3.3x |
N/A |
Medical Data Vision
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 420
|
$101M |
2.1x |
20.9x |
PCA Corp.
|
Japan |
Financial Management Software
|
JPY 1805
|
$99.3M |
0.9x |
N/A |
i-mobile Co.
|
Japan |
AdTech Software
|
JPY 643
|
$99.2M |
0.8x |
N/A |
OpenWork
|
Japan |
Human Capital Management Software,
Online Jobs & Recruitment,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 1004
|
$98.1M |
4.0x |
N/A |
Fan Communications
|
Japan |
AdTech Software
|
JPY 465
|
$93.3M |
1.9x |
N/A |
MedPeer
|
Japan |
Learning Platforms,
Health Data & Analytics,
Market Research
|
JPY 754
|
$83.9M |
0.8x |
6.3x |
Data Horizon
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 585
|
$76.2M |
N/A |
N/A |
Enechange
|
Japan |
Energy & Utilities Software,
Industrial Software,
Price Comparison,
Lead Generation,
Consumer Marketplaces,
Vertical Marketplaces
|
JPY 301
|
$67.0M |
1.9x |
N/A |
Kudan
|
Japan |
Artificial Intelligence,
Robotics,
Autonomous Tech,
VR & AR
|
JPY 1049
|
$65.1M |
16.5x |
N/A |
CE Holdings
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 661
|
$57.8M |
0.6x |
N/A |
Jig.jp
|
Japan |
Consumer Apps,
Productivity Software,
Streaming
|
JPY 267
|
$48.7M |
0.5x |
N/A |
Unerry
|
Japan |
AdTech Software
|
JPY 2292
|
$47.7M |
1.8x |
N/A |
Gmo Tech
|
Japan |
AdTech Software
|
JPY 6880
|
$43.2M |
0.9x |
N/A |
Susmed
|
Japan |
Healthcare Software,
Medical Devices
|
JPY 613
|
$39.8M |
N/A |
N/A |
SOFTMAX
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 321
|
$39.2M |
1.0x |
N/A |
ValueCommerce
|
Japan |
AdTech Software
|
JPY 788
|
$36.6M |
0.2x |
1.7x |
Unirita
|
Japan |
IT Operations Management,
Network Management
|
JPY 1897
|
$31.1M |
0.4x |
N/A |
All About
|
Japan |
AdTech Software,
Online Content & News
|
JPY 370
|
$24.5M |
0.2x |
N/A |
Towa Hi System
|
Japan |
Healthcare Software,
EHR & Practice Management
|
JPY 2268
|
$24.4M |
1.5x |
N/A |
RareJob
|
Japan |
Education & Training,
Learning Platforms,
Education Software
|
JPY 361
|
$20.6M |
0.3x |
4.0x |
Adways
|
Japan |
AdTech Software
|
JPY 334
|
$18.1M |
0.2x |
N/A |
Welby
|
Japan |
Digital Therapeutics,
Healthcare Software
|
JPY 362
|
$17.0M |
4.7x |
N/A |
GVA Tech
|
Japan |
Professional Services Software
|
JPY 567
|
$16.7M |
N/A |
N/A |
MRSO
|
Japan |
Healthcare Software,
Health Data & Analytics
|
JPY 971
|
$11.4M |
1.2x |
N/A |
visumo
|
Japan |
AdTech Software
|
JPY 1033
|
$9.3M |
1.6x |
N/A |
tripla
|
Japan |
Artificial Intelligence,
Travel & Hospitality Software
|
JPY 2125
|
$8.5M |
0.7x |
N/A |