Advertisement
Singapore markets open in 26 minutes
  • Straits Times Index

    3,332.80
    -10.55 (-0.32%)
     
  • S&P 500

    5,460.48
    -22.39 (-0.41%)
     
  • Dow

    39,118.86
    -45.24 (-0.12%)
     
  • Nasdaq

    17,732.60
    -126.10 (-0.71%)
     
  • Bitcoin USD

    62,611.33
    +1,685.01 (+2.77%)
     
  • CMC Crypto 200

    1,296.90
    +13.07 (+1.02%)
     
  • FTSE 100

    8,164.12
    -15.56 (-0.19%)
     
  • Gold

    2,333.80
    -5.80 (-0.25%)
     
  • Crude Oil

    81.73
    +0.19 (+0.23%)
     
  • 10-Yr Bond

    4.3430
    +0.0550 (+1.28%)
     
  • Nikkei

    39,863.91
    +280.83 (+0.71%)
     
  • Hang Seng

    17,718.61
    +2.11 (+0.01%)
     
  • FTSE Bursa Malaysia

    1,590.09
    +5.15 (+0.32%)
     
  • Jakarta Composite Index

    7,063.58
    -6,967.95 (-49.66%)
     
  • PSE Index

    6,411.91
    +21.33 (+0.33%)
     

Insider-Owned Growth Companies On The Japanese Exchange To Watch In June 2024

Amid a backdrop of uncertainty regarding the Bank of Japan's monetary policy, which has influenced recent performance in the Japanese stock markets, investors are closely watching shifts in market dynamics. In such an environment, growth companies with high insider ownership can be particularly intriguing, as they often signal strong confidence from those most familiar with the company’s potential and challenges.

Top 10 Growth Companies With High Insider Ownership In Japan

Name

Insider Ownership

Earnings Growth

SHIFT (TSE:3697)

35.4%

26.8%

Kanamic NetworkLTD (TSE:3939)

25%

28.9%

Medley (TSE:4480)

34%

28.7%

Hottolink (TSE:3680)

27%

57.3%

Micronics Japan (TSE:6871)

15.3%

39.8%

Kasumigaseki CapitalLtd (TSE:3498)

34.8%

44.6%

ExaWizards (TSE:4259)

24.8%

91.1%

Soiken Holdings (TSE:2385)

19.8%

118.4%

Soracom (TSE:147A)

17.2%

54.1%

freee K.K (TSE:4478)

24%

81%

Click here to see the full list of 98 stocks from our Fast Growing Japanese Companies With High Insider Ownership screener.

ADVERTISEMENT

We'll examine a selection from our screener results.

JAPAN MATERIAL

Simply Wall St Growth Rating: ★★★★☆☆

Overview: JAPAN MATERIAL Co., Ltd., with a market capitalization of ¥217.29 billion, engages in the electronics and graphics sectors within Japan.

Operations: The company generates revenue primarily from its electronics segment, which contributes ¥46.92 billion, and a smaller portion from graphics solutions at ¥1.46 billion.

Insider Ownership: 34%

Earnings Growth Forecast: 25.8% p.a.

JAPAN MATERIAL is poised for notable growth with earnings expected to increase by 25.76% annually over the next three years, outpacing the broader Japanese market's 8.9% growth rate. However, its profit margins have dipped from 17% to 11.7%, reflecting some operational challenges despite a robust revenue forecast of 14.5% annual growth, also above market expectations. Recent corporate guidance confirms ambitious targets for FY2025, with projected net sales reaching JPY 50 billion and a stable dividend outlook, indicating confidence in sustained profitability and shareholder returns amidst its volatile share price movements.

TSE:6055 Ownership Breakdown as at Jun 2024
TSE:6055 Ownership Breakdown as at Jun 2024

BayCurrent Consulting

Simply Wall St Growth Rating: ★★★★☆☆

Overview: BayCurrent Consulting, Inc. offers consulting services across various sectors in Japan and has a market capitalization of approximately ¥477.47 billion.

Operations: The firm generates its revenue primarily from consulting services across diverse sectors in Japan.

Insider Ownership: 13.9%

Earnings Growth Forecast: 18.4% p.a.

BayCurrent Consulting, a growth-focused firm in Japan, is trading at 60.4% below its estimated fair value, signaling potential undervaluation. With earnings and revenue forecasted to grow by 18.4% and 18.3% annually—both rates surpassing the Japanese market averages—it shows promising growth prospects. However, its share price has been highly volatile recently. The company also completed a significant share buyback for ¥3.6 billion, aiming to enhance shareholder value and improve capital efficiency.

TSE:6532 Ownership Breakdown as at Jun 2024
TSE:6532 Ownership Breakdown as at Jun 2024

Micronics Japan

Simply Wall St Growth Rating: ★★★★★★

Overview: Micronics Japan Co., Ltd. specializes in developing, manufacturing, and selling testing and measurement equipment for semiconductors and LCD systems globally, with a market capitalization of approximately ¥245.76 billion.

Operations: The company primarily generates revenue from the sale of testing and measurement equipment for semiconductors and LCD systems.

Insider Ownership: 15.3%

Earnings Growth Forecast: 39.8% p.a.

Micronics Japan is poised for robust growth, with earnings and revenue forecasted to outpace the Japanese market significantly at 39.8% and 23.2% annually. Analysts predict a substantial 43.9% potential increase in stock price, underscoring a positive outlook despite trading 38.8% below its estimated fair value. However, its profit margins have declined from last year, and the stock has experienced high volatility recently, presenting a mixed risk profile for investors seeking growth with high insider ownership.

TSE:6871 Ownership Breakdown as at Jun 2024
TSE:6871 Ownership Breakdown as at Jun 2024

Key Takeaways

Searching for a Fresh Perspective?

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:6055 TSE:6532 and TSE:6871.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com