| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 4216.26 | 111 |
| Intrinsic value (DCF) | 117978.66 | 5805 |
| Graham-Dodd Method | 102.13 | -95 |
| Graham Formula | 718.42 | -64 |
GMO Research & AI, Inc. (3695.T) is a Tokyo-based technology company specializing in audience engagement and data collection solutions. Operating under the GMO Internet Group, the company offers the Asia Cloud Panel, a multi-country online panel network that enables quick and custom survey services. Renamed in May 2024 to reflect its AI-driven focus, GMO Research & AI provides automated, agile data management solutions for businesses across Japan and internationally. With a strong foothold in the Software - Infrastructure sector, the company leverages its proprietary platform to deliver real-time insights, catering to market research and customer analytics needs. Its integration within the GMO Internet Group enhances its technological capabilities and market reach, positioning it as a key player in Asia's growing data analytics and AI-driven research industry.
GMO Research & AI presents a niche investment opportunity in Japan's data analytics and AI-driven research sector. With a market cap of ¥11.3 billion and modest revenue growth, the company benefits from its affiliation with the GMO Internet Group, providing stability and technological synergies. However, its net income of ¥183 million and diluted EPS of ¥112.1 indicate thin margins, typical for competitive SaaS-based research platforms. The low beta (0.274) suggests lower volatility relative to the market, appealing to risk-averse investors. Key risks include reliance on the Asia Cloud Panel’s adoption and competition from global survey giants. The dividend yield (¥114.84 per share) adds income appeal, but investors should monitor scalability and AI integration execution.
GMO Research & AI’s competitive edge lies in its Asia Cloud Panel, which offers localized, multi-country survey capabilities—a rarity among regional players. Its agility in custom surveys and automated data collection differentiates it from traditional market research firms. However, the company operates in a crowded space dominated by global giants like Qualtrics and SurveyMonkey, which boast superior scale and brand recognition. GMO’s affiliation with GMO Internet Group provides access to shared AI and cloud infrastructure, enhancing cost efficiency. Yet, its reliance on the Japanese and Asian markets limits diversification compared to multinational peers. The rebranding to 'AI' signals a strategic pivot, but tangible AI-driven product differentiation remains unproven. Competitors with deeper R&D budgets could outpace innovation, while local rivals like Macromill may challenge its domestic stronghold.