October 2026
Largest Lead Generation Public Companies in Japan
Benchmark revenue and EBITDA valuation multiples for public comps like
Bengo4.com, Kamakura Shinsho, Temairazu, Enechange and Gurunavi.
 | Bengo4.com Inc provides online legal consultation services. The company offers contents such as Q&A services, a database of over 7,000 registered lawyers, and its own news services accompanied with legal analysis of recent news to legal professionals. | $33 | +69% | $762M | $761M | 7.4x | 41.8x | ||
| Kamakura Shinsho Ltd operates portal sites in Japan. The firm publishes and lectures to communicate knowledge on funerals, altar, tombs, temples. It offers portal sites that gives information on funerals; and responds to various consultations by telephone and e-mails, as well as a mobile search with GPS functions to search the funeral companies and centers. The company also operates sites that offers information on joint funerals and farewell party; family funeral knowledge and family funeral expenses; introduction of expenses to direct funeral and cremation ceremonies. In addition, it operates sites for funeral and funeral night wear, and legal flowers. Further, the company operates sites that offers information on Buddhist altar/Buddhist information; Buddha statues and Buddhist teachers. | $4 | +2% | $159M | $136M | 2.6x | 15.2x | ||
| Temairazu Inc is a Japan-based company engaged in the operation of comparison.com, an overall comparison site. It provides comparison services in the fields of shopping, travel, insurance, asset investment, learning credential, motorbike, and business. | $21 | +1% | $124M | $83M | 6.0x | 8.2x | ||
| ENECHANGE is a renewable-energy company founded in 2015 and based in Japan. OPF1 is a fund launched in September 2023 with JIC VGI as its General Partner, whose strategy is to provide funding to direct secondary deals and listed startups. OPF1 is one of the JIC's initiatives included in the government's "Startup Development Five-Year Plan". The company serves business and institutional customers and public-sector organizations through products and services in the renewable-energy market. Its commercial model is built primarily on product sales and contracted services, reflecting the way customers obtain and use its offering. JIC Venture Growth Investments classifies the business in its After Market portfolio and records February 2024 for the company. The company maintains its operating website at enechange.co.jp, while JIC VGI's portfolio materials preserve the public record of the investment relationship. | $2 | -20% | $66M | $43M | 1.0x | (66.8x) | ||
| Gurunavi Inc is a Japan-based company which acts as a restaurant search site which provides the latest information of expansive numbers of member restaurants. The company provides its restaurant information to TripAdvisor, a travel website, such as detailed menu, ingredient, seating, pricing and more through personal computers, cellular phones, and smartphones. Gurunavi also provides home delivery catering, wedding information, the sale of food products and other travel-related business services. | $1 | -45% | $40M | $33M | 0.4x | 5.9x | ||
| Median | $4 | +1% | $124M | $83M | 2.6x | 8.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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