Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Small Cap Growth: Rakus - 42% Growth in Expense Settlement Software

Japan Small Cap Growth: Rakus (3923) - 42% Again!

Small Cap Growth: Rakus (3923) - Q2 Sales +28%

Equity Bottom-Up

<ul style="list-style-type: disc;">
<li>
<a href="https://www.smartkarma.com/entities/rakus-co-ltd" target="_blank" data-smartkarma-citation="entities:29200:1" rel="noopener">Rakus Co Ltd (3923 JP)</a>  reported 33% sales growth for 1Q FY3/22 on strong sales of corporate expense settlement software.  </li>
<li>The company added 339 new accounts in the quarter and now services 8,200 clients. </li>
<li>Cloud adoption remains low in Japan and Rakus is well positioned to benefit from the digital transition for expense management and digital documentation of bills, receipts and statements.  </li>
<li>After showing high profitability last FY (4Q EBIT margin of 25.6%), the company has returned to heavy investment to meet aggressive mid-term revenue targets.</li>
</ul>



Rakus Co Ltd (3923 JP)  reported 33% sales growth for 1Q FY3/22 on strong sales of corporate expense settlement software.  
The company added 339 new accounts in the quarter and now services 8,200 clients. 
Cloud adoption remains low in Japan and Rakus is well positioned to benefit from the digital transition for expense management and digital documentation of bills, receipts and statements.  
After showing high profitability last FY (4Q EBIT margin of 25.6%), the company has returned to heavy investment to meet aggressive mid-term revenue targets.


Rakus (3923) | Spending Money to Make Money