Yahoo Finance High Insider Ownership Growth Stocks On The Japanese Exchange July 2024
As of July 2024, Japan's stock markets have experienced notable gains, with indices like the Nikkei 225 and TOPIX showing robust performance amid a weakening yen and anticipations of policy tightening by the Bank of Japan. This environment underscores a heightened interest in sectors that benefit from such economic dynamics. In this context, companies with high insider ownership can be particularly compelling as they often signal strong confidence from those closest to the company's operations and future prospects.
Top 10 Growth Companies With High Insider Ownership In Japan
Name | Insider Ownership | Earnings Growth |
SHIFT (TSE:3697) | 35.4% | 26.9% |
Kasumigaseki CapitalLtd (TSE:3498) | 34.8% | 42.1% |
Micronics Japan (TSE:6871) | 15.3% | 39.8% |
Kanamic NetworkLTD (TSE:3939) | 25% | 28.9% |
Hottolink (TSE:3680) | 27% | 57.4% |
Medley (TSE:4480) | 34% | 28.7% |
ExaWizards (TSE:4259) | 21.9% | 91.1% |
Soiken Holdings (TSE:2385) | 19.8% | 118.4% |
Soracom (TSE:147A) | 17.2% | 54.1% |
freee K.K (TSE:4478) | 23.9% | 72.9% |
Here's a peek at a few of the choices from the screener.
Mercari
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Mercari, Inc. operates a marketplace application in Japan and the United States, focusing on buying and selling items, with a market capitalization of approximately ¥377.97 billion.
Operations: The company's primary revenue is generated from its marketplace applications active in Japan and the United States.
Insider Ownership: 36%
Earnings Growth Forecast: 18.8% p.a.
Mercari, a growth-oriented company in Japan, exhibits strong insider ownership and is demonstrating robust financial health. Over the past year, Mercari's earnings surged by 222.8%, with forecasts predicting continued growth at 18.9% annually, outpacing the Japanese market average of 8.8%. Despite a highly volatile share price recently, the company's projected revenue growth rate stands at 9.7% per year through to 2024, with an anticipated revenue of JPY 190 billion and an operating profit of JPY 16.5 billion for the fiscal year ending June 30, 2024.
Rakuten Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Rakuten Group, Inc. operates in e-commerce, fintech, digital content, and communications sectors globally with a market capitalization of approximately ¥1.90 trillion.
Operations: The company generates revenue through sectors including e-commerce, fintech, digital content, and communications.
Insider Ownership: 17.3%
Earnings Growth Forecast: 83.1% p.a.
Rakuten Group, trading at a significant discount of 79.8% below its estimated fair value, is poised for notable growth with expectations to become profitable within the next three years. The company's earnings are forecasted to grow by 83.11% annually, outstripping average market growth rates. Despite a low forecast return on equity of 8.9%, Rakuten's revenue growth at 7.8% per year is projected to surpass the Japanese market's average of 4.2%. Recent guidance anticipates double-digit growth in operating results for FY2024, excluding impacts from volatile securities markets.
BayCurrent Consulting
Simply Wall St Growth Rating: ★★★★☆☆
Overview: BayCurrent Consulting, Inc. offers consulting services in Japan with a market capitalization of approximately ¥565.92 billion.
Operations: The firm generates its revenue primarily through consulting services within Japan.
Insider Ownership: 13.9%
Earnings Growth Forecast: 18.4% p.a.
BayCurrent Consulting, with insider ownership that aligns interests with shareholders, has recently completed a share buyback for ¥3.60 billion, signaling confidence in its value. The firm trades at 49.5% below estimated fair value and forecasts revenue growth of 18.3% annually—quadruple the Japanese market rate. Despite high volatility in share price, earnings have increased by 17.2% over the past year with expectations of continued growth at 18.36% per year and a strong future return on equity forecasted at 33.4%.
Key Takeaways
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.
Companies discussed in this article include TSE:4385 TSE:4755 and TSE:6532.
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