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Money Forward (3994.T) — chart, structure and Closelook read

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Company snapshot — Money Forward

3994.T in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
Money Forward is a Japanese company that builds cloud software for personal finance, business accounting and payroll, aimed at consumers and small and mid-sized firms. It lists on the Tokyo Stock Exchange and competes mainly within Japan's domestic software-as-a-service market for financial management tools.
Where it sits in the stack
Money Forward holds no seat in Rubin or Halo, our hardware and infrastructure indices; the diary places it in the Agentic Winners 40 universe, within the Application Leaders sleeve, where software firms add AI features to existing products rather than build the underlying compute.
Who it is priced against
Closelook's peer group groups it with application-software names that are folding AI into established products, including Adobe, Intuit, Monday.com, Veeva, HubSpot, Atlassian, PTC and Dassault Systèmes; the market's closer comparison is freee, its direct rival in Japanese cloud accounting.
Why Closelook tracks it
It carries a Closelook score, but only one module has been scored so far, so the score is still being built. The diary has quoted it once, in a Morning 10 edition that grouped it with freee and Z.ai as Asian AI software names sold off that session.
What the diary watches
Whether it trades in line with freee and other Japanese software names when Asian AI sentiment swings, or starts to move on its own separate from that group.

Money Forward (3994.T) trades on the TSE exchange in Japan.

Written from the company’s public profile and Closelook’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for 3994.T, from the same nightly bakes the boards use. Research diary readings, not advice.

Who it is priced against Agentic Winners 40 · Application Leaders · 8 names with week and year-to-date

Peer group

Agentic Winners 40 · Application Leaders

Compared against 3994.T on the nightly bakes; the Peers tab ranks the cohort on the Closelook scores where it exists.

Versus its index Agentic Winners 40 — the name, its sleeve and the index over day, week and month

Versus its index

The name against its Closelook index and its own sleeve — equal-weight, nightly closes.

Agentic Winners 40 · as of 2026-09-17

DayWeekMonth3 months
3994.T+1.3%+0.1%+5.5%+44.3%
Application Leaders+0.8%+4.0%+2.1%—
Agentic Winners 40+0.4%+2.1%+0.5%—

Against the index: 2.0 pts behind on the week, 5.0 pts ahead on the month; against its Application Leaders sleeve 3.4 pts ahead on the month.

Returns from the index workers’ nightly closes; equal-weight sleeves. A relative reading from the research diary, not advice.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 55/100 · S&P 500 fund at 58, above its 50- and 200-day averagesEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-17
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 94th percentile of the window, +2.7% over 20 sessions. Factor regime → 2026-09-17
  • Sovereign pressure Index 0.00 · down 0.41 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-17

FAQ · from the current data · as of 2026-09-18

Quick answers

What is Money Forward (3994.T)?

Money Forward trades as 3994.T on the TSE exchange (Japan) in the Closelook research universe, as of the registry build of 2026-09-18.

Is 3994.T in a Closelook index?

Not currently — Money Forward is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-18.

Where does 3994.T trade against its moving averages?

-2.6% at the close: Holding 16.3% off its 52-week high. As of 2026-09-18 — a technical state from the nightly Closelook bake, not advice. The Technical tab carries the full row.

How is 3994.T doing against its Closelook index?

Over the past month Money Forward is +5.5% against +0.5% for the Agentic Winners 40 — 5.0 points ahead of its index, as of 2026-09-17. Its Application Leaders sleeve is +2.1% over the same month. The “Versus its index” table on this page carries the day, the week and the month for the name, its sleeve and the index.

What does Money Forward do?

Money Forward is a Japanese company that builds cloud software for personal finance, business accounting and payroll, aimed at consumers and small and mid-sized firms. It lists on the Tokyo Stock Exchange and competes mainly within Japan's domestic software-as-a-service market for financial management tools. Closelook's peer group groups it with application-software names that are folding AI into established products, including Adobe, Intuit, Monday.com, Veeva, HubSpot, Atlassian, PTC and Dassault Systèmes; the market's closer comparison is freee, its direct rival in Japanese cloud accounting.

Where does Money Forward sit in the AI build-out?

Money Forward holds no seat in Rubin or Halo, our hardware and infrastructure indices; the diary places it in the Agentic Winners 40 universe, within the Application Leaders sleeve, where software firms add AI features to existing products rather than build the underlying compute. It carries a Closelook score, but only one module has been scored so far, so the score is still being built. The diary has quoted it once, in a Morning 10 edition that grouped it with freee and Z.ai as Asian AI software names sold off that session.

Where has Closelook written about Money Forward?

Money Forward appears in 1 Closelook piece, most recently Morning 10: Kospi jumps 4% on OpenAI’s new model: SK hynix +7%, Kioxia +9%, SoftBank +10% — while gold and bitcoin slide on the rate-hike odds (2026-09-07). What Closelook said most recently: Hong Kong is down 0.9%, and our Asian AI software names are getting sold, freee −8%, Money Forward −7%, Z.ai −4.6%. (Morning 10, 2026-09-07). The "Mentioned on Closelook" block on this page lists the long reads, the reference entries and the dailies that name it.

What does this page show?

A live price chart with SMA overlays and drawing tools for 3994.T, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.

Mentioned on Closelook 1 piece · newest: Morning 10, “Kospi jumps 4% on OpenAI’s new model: SK hynix +7%, Kioxia +9%, SoftBank +10% — while gold and bitcoin slide on the rate-hike odds” (2026-09-07)

Mentioned on Closelook

Where 3994.T appears in the diary — 1 piece, newest first. Every link is our own writing.

Dailies

Related in the Closelook universe