About First Accounting
First Accounting is a publicly listed company based in Minato (Japan) founded in 2016. It operates as an AI solutions for automating accounting workflows are provided. First Accounting has raised $3.49 million across 1 funding round. The company has 71 employees. Its website fastaccounting.jp draws about 26 thousand monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its competitors include Intuit, Visma, Clear, Wave and Xero and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
First Accounting was founded in 2016 in Minato City, Japan, within the accounting technology sector. Operations focus on AI-driven tools that automate invoice processing, reconciliation, and digital invoice management. Data extraction and matching capabilities are integrated to support financial operations. Efficiency and accuracy in accounting tasks are facilitated across departments, with services tailored to streamline workflows in the Japanese market.
- Headquarters Minato, Japan
- Employees 71
- Stage Public
- SectorsTechnology
- Website category Business and Consumer Services · Business Services
- Phone•••• ••••
- Website fastaccounting.jp
- Social LinkedIn
- Legal Name Fast Accounting Co.,Ltd.
- Annual Revenue$15.13 M (USD)38.82as on Dec 31, 2025
- Net Profit$1.29 M (USD)-56.55as on Dec 31, 2025
- EBITDA$2.89 M (USD)49.62as on Dec 31, 2025
- Total Equity Funding$3.49M (USD)
in 1 rounds
- Latest Funding Round$3.49M (USD), Series C
Jan 2022
- Employee Count71
Funding Insights of First Accounting
First Accounting has successfully raised a total of $3.49M through 1 strategic funding round. The most recent funding activity was a Series C round of $3.49 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.49M
- Total Rounds 1
- Last Round Series C — $3.49M
- First Round $3.49M
(Jan 2022)
All 1 funding rounds of First Accounting with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $3.49M | Series C | – | – | – |
IPO & Listings of First Accounting
First Accounting is a publicly listed company on the TSE with ticker symbol 5588 in Japan, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Sep 2023
- Listed onTSE: 5588
- Listed entityFast Accounting Co.,Ltd.
- Exchange sectorTechnology services
- ISINJP3802130009
- Share price694.00 JPY (-1% on the day) · 2026-10-14
- Market capitalisation7,895,811,255.00 JPY
- Price to earnings34.0
- EPS (diluted, trailing year)20.44 JPY
- Dividend yield0.53%
- Volume (last session)40,800
Financials of First Accounting
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 2.37B JPY | 202.1M JPY | 452.0M JPY |
| 2024 | 1.71B JPY | 465.2M JPY | 302.1M JPY |
| 2023 | 1.23B JPY | 125.7M JPY | 176.7M JPY |
| 2022 | 785.5M JPY | -78.0M JPY | -43.3M JPY |
| 2021 | 461.0M JPY | -360.6M JPY | -328.8M JPY |
Detailed financial statements for First Accounting
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of First Accounting
3 dated milestones of First Accounting across 7 years, from founding to its latest funding, stage changes and deals.
- Founded First Accounting is founded.
- Funding First funding round of $3.5M.
- IPO Lists on the stock exchange (IPO).
Competitors of First Accounting
First Accounting has 9 listed competitors in our database, 8 of them funded. They include Intuit, Visma, Clear, Wave and Xero, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| pennylane.com | 2020 | Paris, France | $442.41M | – | Cloud-based accounting and financial management solutions are provided for businesses. |
Detailed competitors of First Accounting
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of First Accounting
The website of First Accounting (fastaccounting.jp) receives about 25.7K visits a month and ranks #1,064,684 among all websites worldwide, #8,673 in Business Services.
- Monthly visits25.7K
▲ 10.3% vs previous month
- Unique visitors12.1K
per month
- Global rank#1,064,684
among all websites
- Category rank#8,673
Business and Consumer Services · Business Services
- Bounce rate37%
- Pages per visit2.7
- Average visit2 min 50 sec
- DevicesDesktop 57% · Mobile 43%
Websites whose visitors overlap most with First Accounting. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dx-suite.com | dx-suite.com | 100% | – | #258,878 | – |
| ccreb.jp | 87% | 6.8K | #2,482,163 | View details | |
| hatchwork.co.jp | 87% | 8.9K | #2,482,400 | View details | |
r-ac.co.jp | r-ac.co.jp | 87% | – | #1,070,652 | – |
spreadoffice.com | spreadoffice.com | 87% | – | #355,623 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for First Accounting
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- 36 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as First Accounting (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about First Accounting
Complete news archive for First Accounting
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Frequently Asked Questions about First Accounting
First Accounting was founded in 2016 and raised its 1st funding round 6 years after it was founded.
First Accounting is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
First Accounting is a funded company, having raised a total of $3.49M across 1 funding round to date. The company's 1st funding round was a Series C of $3.49M, raised on Jan 2022.
First Accounting has 71 employees.
Annual revenue of First Accounting is $15.13M as on Dec 31, 2025.
First Accounting was founded in 2016 in Minato City, Japan, within the accounting technology sector. Operations focus on AI-driven tools that automate invoice processing, reconciliation, and digital invoice management. Data extraction and matching capabilities are integrated to support financial operations. Efficiency and accuracy in accounting tasks are facilitated across departments, with services tailored to streamline workflows in the Japanese market.
Yes, First Accounting is publicly traded on TSE under the ticker symbol 5588.