Money Forward, Inc.

3994.T
Software - Application
2026/08/21 Updated
Market Cap: $2.2B (¥348.4B)
Stock Price: $39.51 (¥6,282)
Exchange Rate: 1 USD = ¥158.98

Stock Price Chart

2026/08/21 Updated
79.80
PER (Price Earnings Ratio)
vs Industry Avg: +70.3
7.82
PBR (Price to Book Ratio)
vs Industry Avg: +6.5
0.00%
Dividend Yield
vs Industry Avg: -2.95%

Price Trend

2026/08/21 Updated
Short-term
5-Day MA
+4.13%
Near-term
25-Day MA
+13.62%
Mid-term
75-Day MA
+32.54%
Long-term
200-Day MA
+46.35%

Price & Trading Details

2026/08/21 Updated

PRICE

Previous Close ¥5,746
Open ¥6,150
High ¥6,285
Low ¥6,001
Close ¥6,282

TRADING

Volume 879,000
Average Volume 488,428
Turnover ¥55億
Min. Purchase ¥628,200

Analyst Recommendations 9 analysts

Updated 2026/08/01
Strong Buy
0
Buy
2
2
Hold
7
7
Sell
0
Strong Sell
0
Target Price (Mean)
¥4,870
Hold
¥6,700
High
¥4,750
Median
¥3,900
Low
+6% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Earnings Calendar

Updated 2026/08/01
OCT
15
2026
Next Earnings Release
Q4 FY2026
EPS Estimate: ¥3.79
52days

Recent Earnings

Date EPS Est. EPS Actual Surprise
2026/07/13 ¥-6.61 ¥- -
2026/04/14 ¥12.71 ¥33.06 +160.1%
2026/01/14 ¥77.48 ¥90.21 +16.4%
2025/10/15 ¥-11.31 ¥-21.46 -89.7%

Shareholder Composition

Updated 2026/08/01
16.1%
Insider Holdings
86.3%
Institutional
0.0%
Public Float
105
Institutional Holders
Insider Holdings 16.1%
Institutional 86.3%
Public Float 0.0%

Major Holders

Updated 2026/08/01
Institution Ownership Shares Change
Artisan Partners Funds Inc.-Artisan International Small-Mid Fund
3.33%
1.9M +10.38%
SmallCap World Fund Inc
2.35%
1.3M -47.68%
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.21%
671.4K +3.96%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.80%
448.0K +2.19%
Baillie Gifford Funds-Baillie Gifford International Alpha Fund
0.76%
425.9K -7.95%
iShares Trust-iShares Core MSCI EAFE ETF
0.56%
312.0K 0.00%

Financial Performance

2026/08/23 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥15,633M ¥21,477M ¥30,381M ¥40,364M
Gross Profit ¥10,819M ¥13,398M ¥19,082M ¥27,060M
Operating Income -¥1,062M -¥8,469M -¥6,330M -¥4,735M
Pretax Income -¥1,382M -¥9,533M -¥6,674M -¥5,470M
Net Income -¥1,482M -¥9,450M -¥6,315M -¥6,331M
EPS -¥29.97 -¥176.44 -¥116.98 -¥116.32
Operating Margin -6.80% -39.43% -20.83% -11.73%
Balance Sheet
Total Assets ¥56,943M ¥65,987M ¥88,282M ¥106,192M
Total Equity ¥40,530M ¥32,634M ¥28,327M ¥37,436M
Total Liabilities ¥16,412M ¥33,353M ¥59,955M ¥68,755M
Cash ¥36,221M ¥26,713M ¥38,856M ¥45,252M
Interest-bearing Debt ¥8,554M ¥16,902M ¥30,374M ¥35,445M
Equity Ratio 71.18% 49.46% 32.09% 35.25%
D/E Ratio 0.21 0.52 1.07 0.95
Cash Flow
Operating CF -¥2,328M -¥4,124M ¥2,460M -¥4,761M
Investing CF -¥5,199M -¥14,780M -¥7,449M -¥9,505M
Financing CF ¥34,798M ¥9,074M ¥17,463M ¥20,347M
Free CF -¥4,662M -¥8,392M -¥2,921M -¥11,131M
Efficiency
ROE -3.66% -28.96% -22.29% -16.91%
ROA -2.60% -14.32% -7.15% -5.96%

Latest IR Information

Company Information

English Name Money Forward, Inc.
Japanese Name (株)マネーフォワード
Stock Code 3994.T (JPX)
Sector / Industry Technology / Software - Application
Employees 2,839

About

Money Forward, Inc. provides financial solutions for individuals, financial institutions, and corporations primarily in Japan. The company offers personal financial management services under the Money Forward ME, MONEY PLUS, Money Forward Personal Financial Consulting, and Money Forward Fixed Cost Review names; Money Forward Cloud, a software-as-a-service (SaaS) application for promoting back office operations; and accounting and tax solutions under the Money Forward Cloud Accounting, Money Forward Cloud Accounting Plus, Money Forward Cloud Tax Return, Money Forward Cloud Invoice Issuing, Money Forward Cloud Invoice Issuing Plus, Money Forward Cloud Receivables Management, Money Forward Cloud Expense, Money Forward Cloud Accounts Payable, Money Forward Cloud Invoice System, Money Forward Cloud Fixed Assets, Money Forward Cloud Project Cost, Money Forward Cloud Consolidated Association, and Money Forward Cloud Box names. It also provides human resource solutions under the Money Forward Cloud HR Database, MoneyForward Cloud Attendance, Money Forward Cloud Payroll, Money Forward Cloud Tax Adjustment, MoneyForward Cloud Social Insurance, and Money Forward Cloud My Number names; and SaaS marketing platform solutions under the BOXIL SaaS, BOXIL EXPO, BALES, BALES CLOUD, BOXIL, BizHint, and ADXL names; and financial services under the Money Forward Kessai, Money Forward Transaction Finance, Money Forward Invoice Card Pay, Money Forward Early Payment, SHIKIN+, SEIKYU+, Biz Forward Invoice Card Pay, and HIRAC FUND names. In addition, the company offers Money Forward Fintech Platform for collecting the asset data and transaction data, storing the data, and analyzing the data for customer insights; consulting services; and other solutions. The company was formerly known as Moneybook Co. and changed its name to Money Forward, Inc. in December 2012. Money Forward, Inc. was incorporated in 2012 and is headquartered in Tokyo, Japan.

Data provided by Yahoo Finance