Money Forward, Inc.
Stock Price Chart
2026/08/21 UpdatedPrice Trend
2026/08/21 UpdatedPrice & Trading Details
2026/08/21 UpdatedPRICE
TRADING
Analyst Recommendations 9 analysts
Updated 2026/08/01Earnings Calendar
Updated 2026/08/01Recent 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 2026/08/01Major Holders
Updated 2026/08/01| Institution | Ownership | Shares | Change |
|---|---|---|---|
|
Artisan Partners Funds Inc.-Artisan International Small-Mid Fund
|
1.9M | +10.38% | |
|
SmallCap World Fund Inc
|
1.3M | -47.68% | |
|
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
|
671.4K | +3.96% | |
|
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
|
448.0K | +2.19% | |
|
Baillie Gifford Funds-Baillie Gifford International Alpha Fund
|
425.9K | -7.95% | |
|
iShares Trust-iShares Core MSCI EAFE ETF
|
312.0K | 0.00% |
Financial Performance
2026/08/23 UpdatedRevenue & 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
-
Unknown
In the second quarter of the fiscal year ending November 2026, revenue is approximately JPY 143.2 billion (YoY +40%), net profit is unknown. The increase in segments, ARPA, customer base expansion, and group growth are highlighted.
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[Money Forward] Strong Performance in the First Half of 2026 | Sales of ¥2.899 billion (24.8% increase)
For the second quarter of the consolidated fiscal year ending November 2026, net sales were ¥2,899 million (up 24.8% YoY), adjusted EBITDA was ¥509 million, and net income attributable to owners of the parent was ¥55.3 million. SaaS ARR stands...
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Notice Regarding Revision of Full-Year Earnings Forecast
Our company has upwardly revised its full-year earnings forecast for the fiscal year ending November 2026, raising net sales to 60,500–62,300 million yen and operating income to 10,500–11,500 million yen. The factors for this revision include strong performance in the...
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Notice Regarding Change of Major Shareholder who is an Immediate Principal Shareholder
Value Act Japan Master Fund LP becomes the new primary shareholder, with Yosuke Tsuji transitioning from the former principal shareholder position to a co-owner. The voting rights ratio after the change is 18.03% (as of the change) and the total...
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【Company Name】Projected Sale of Investment Securities for Operating Business|June 2026
The subsidiary fund has decided to sell a portion of its held operating investment securities on June 23, 2026, with expected revenue of ¥2,134 million and gains on sale of ¥1,734 million. The impact on future performance is under review.
Read more
Latest News (5 items)
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Average Analyst Rating: hold
Average Target Price: ¥4,870
Rating Score: 2.80 (Based on 9 analysts)
※1=Strong Buy, 5=Strong Sell
$Money Forward (3994.JP)$ - Moomoo ↗
Company Information
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.