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Added to YB: 2025-01-31

Pitch date: 2025-01-31

4165.T [bullish]

PLAID,Inc.

Author Info

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Company Info

PLAID,Inc. develops and operates KARTE, a customer experience SaaS platform in Japan. It also provides professional services for enterprise to support system development and operation for KARTE platform; EmotionTech CX, a customer experience (CX) survey and analysis support service to improve CX and customer loyalty; and EmotionTech EX, an employee experience (EX) survey and analysis support service to improve employee engagement.

Market Cap

JPY 35.1B

Pitch Price

N/A

Price Target

1.6K

Dividend

N/A

Sector

Software

Category

growth

Show full summary:
PLAID,Inc. - $4165.T

4165.T: Leading Japanese marketing automation SaaS. 20%+ ARR growth, Y13.5M ARPC. Trades at 3.1x EV/TTM ARR vs peers 5x+. 60-90% upside potential. Risks: lower upsell/cross-sell, market size. Focus on large accounts improved NRR to 111.4%. Price hike impact in FY26. Est. value Y1,400-Y1,650 at 6-7x EV/TTM ARR.

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