Japan’s successful startup stocks are doing business in areas that could be described as mundane, and they’ve pushed their founders into the league of the ultra-wealthy.
Several examples include AI inside Inc., a company that focuses on turning handwritten documents into electronic files without the hassle of typing it down manually and Rakus Co., whose goal is to help small and medium enterprises with their bookkeeping and emailing services to resolve their issues and to grow their businesses.
Their shares have all more than doubled in the past year, making their founders rich and leading to talk of a booming tech scene. While the companies are using technologies like artificial intelligence and cloud computing, they’re applying them in more practical ways that can be used for all businesses.
