What Misoca does

Misoca is a Japan-based cloud invoicing and document management SaaS operated by Yayoi Co., Ltd. (弥生株式会社), Japan's leading provider of SMB accounting software with 4M+ registered users across the Yayoi series as of March 2026. The platform enables businesses to create, send, and manage estimates (見積書), delivery notes (納品書), invoices (請求書), receipts (領収書), and acceptance certificates (検収書), with one-click document conversion between formats eliminating re-entry. Core technology is a cloud-native SaaS hosted on AWS, accessible via web browser and native iOS/Android apps, with 256-bit SSL encryption and automated distributed backup.

The product natively supports Japan's Invoice System (インボイス制度, effective October 2023) and the Electronic Recordkeeping Act (電子帳簿保存法), and bi-directionally integrates with the three dominant Japanese SMB accounting platforms: Yayoi Accounting, freee, and MF Cloud. Recent product investment includes an AI-assisted Smart Document Management (スマート証憑管理) feature, Digital Invoice/Peppol transmission, and embedded fintech services including factoring (labol, AGBS), collection guarantee (Misoca回収保証), direct debit (Misoca口座振替), and card payment processing (カード決済+).

Misoca operates a freemium product-led growth model with a free tier (up to 10 invoices/month) and paid annual subscriptions at ¥8,800 (Plan 15) and ¥33,500 (Plan 100), with a Plan 1000 tier for higher-volume users. Paid plans offer a 1-year free trial before annual billing. Additional revenue is generated through transactional fees (¥70/invoice overage, ¥210/postal mailing, ¥30/delivery note, ¥60/fax) and revenue share from integrated fintech services. Distribution is dominated by parent Yayoi's installed base, the Yayoi account ecosystem, and partnership referrals from freee, MF Cloud, and the accountant/bookkeeper channel.

Name

Misoca

Legal name

弥生株式会社

Website

https://misoca.jp

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Misoca is a Japan-based cloud invoicing SaaS operated by Yayoi Co., Ltd., enabling SMBs and individual business owners to create, send, and manage compliant invoices with native integrations to Japan's leading accounting platforms.

Ownership category

akta.pro rank

Product category

Cloud Invoice Management Software

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)

akta.pro secondary industry

Corporate Treasury & Supplier Payments (AP, Mass Payments) (FSAMAKAL)

Keywords

• Cloud invoicing software
• Invoice management
• Accounting software integration
• Electronic invoicing
• Business document automation

Headquarters

HQ city

Nagoya

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Subscription Revenue — Tiered Plans: Three paid subscription tiers (Plan 15 at 8,800 yen/year, Plan 100 at 33,500 yen/year, Plan 1000 for higher volumes) with annual billing. Free tier (up to 10 invoices/month) drives top-of-funnel conversion. New subscribers receive a 1-year free trial on Plan 15 and Plan 100, with optional downgrade to free plan after trial.
2. Transaction Fees — Over-limit Invoice Charges: Usage-based overage charges of 70 yen (excluding tax) per invoice for volumes exceeding the plan limit, up to 1,000 invoices per month. Marginal revenue stream that scales with customer growth.
3. Postal Mailing Service: 210 yen per invoice for physical mailing (plus 30 yen per delivery note enclosed), charged per dispatch. Revenue from operational add-on service.
4. Fax Transmission Fee: 60 yen per estimate sent via fax under paid plans.
5. Fintech Services (Card Payment, Factoring, Collection Guarantee): Revenue share or transaction fees from integrated fintech services including 請求書カード払い (invoice card payment), ラボル / AGBSファクタリング (factoring), Misoca回収保証 (collection guarantee), and カード決済+ (card payment processing). Misoca serves as the customer-facing distribution layer for these financial services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Misoca is a cloud-based invoice creation and management software that enables Japanese businesses to create quotes, delivery orders, invoices, and receipts with one-click document conversion. The platform includes built-in compliance with Japan's Invoice System and Electronic Recordkeeping Act, native integrations with leading Japanese accounting software (Yayoi, freee, MF Cloud), and embedded fintech services for cash flow management such as factoring, collection guarantee, and card payments.

Product overview

Misoca is a cloud-based invoice management platform offered by Yayoi Co., Ltd. (弥生株式会社), a Japanese business software company. The core product Misoca provides document creation tools for quotes (見積書), delivery orders (納品書), invoices (請求書), and receipts (領収書) with free tier up to 10 invoices/month and paid plans at 8,800 yen/year for 15 invoices or 33,500 yen/year for 100 invoices. The platform integrates natively with multiple accounting software including Yayoi's own accounting products, freee, and MF Cloud Accounting. It supports mobile access via iOS and Android apps, and complies with Japanese invoice regulations (インボイス制度) and electronic record-keeping laws (電子帳簿保存法).

Differentiator

Problem solved

Functional benefit

Products and services

• Misoca Cloud-based invoice creation and management software that lets users create quotes, delivery orders, invoices, and receipts, send them via PDF/email/post, integrate with accounting software, and comply with Japanese tax regulations. Targets small businesses, sole proprietors, and small corporations in Japan.
• Misoca Smartphone/Tablet App (iOS/Android) Dedicated mobile and tablet application for creating quotes, delivery orders, and invoices, and confirming payment and estimate status on iOS and Android devices. Supports the free plan and Plan 15 (light) subscription.

Quantifiable outcome

• Bookkeeping data entry time reduced to 1/10 (90% reduction) using スマート証憑管理 (Smart Document Management) for received invoice processing
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core.

• Yayoi Co., Ltd. — Yayoi Accounting Next IntegrationcoreTechnology or Integration · 17 July 2026On July 17, 2026, Yayoi Co., Ltd. launched an integration between its cloud accounting software Yayoi Accounting Next and Misoca. The integration enables businesses using Misoca to automatically link invoice data to Yayoi Accounting Next, allowing seamless cloud accounting adoption without modifying existing invoicing workflows. This eliminates manual data re-entry and reduces errors associated with manual information input across both platforms.
• freee (freee株式会社)coreTechnology or IntegrationMisoca integrates with freee's accounting software, enabling automatic journal linkage so invoice data created in Misoca is automatically imported and posted in freee without re-keying. freee is one of Japan's most widely used SMB cloud accounting platforms.
• MF Cloud (MFクラウド会計・確定申告)coreTechnology or IntegrationMisoca integrates with MF Cloud Accounting and Tax Filing software, providing automatic data linkage for bookkeeping entries based on invoices issued through Misoca. MF Cloud is a major player in Japan's cloud accounting software market.
• Yayoi Accounting (弥生の会計ソフト)coreTechnology or IntegrationMisoca integrates natively with Yayoi's accounting software (弥生会計), enabling direct journal import and posting of invoice data. Given Yayoi is the parent company of Misoca, this integration is deeply engineered and promoted as a flagship use case.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• INVOY: INVOY is a Japan-focused cloud invoice management platform targeting SMBs and freelancers with similar Invoice System compliance features and integrations. It competes directly with Misoca in the Japanese invoicing SaaS category.
• Bizmaid: Bizmaid is a Japanese cloud invoicing and accounting service for freelancers and sole proprietors (個人事業主), directly competing with Misoca's freemium entry point and free tier for the same primary persona segment.
• freee: freee is a leading Japanese cloud accounting and invoicing SaaS for SMBs, directly competing with Misoca for the same customer base with cloud-native accounting, expense management, and payroll products. Misoca already integrates with freee, evidencing head-to-head overlap.
• MakeLeaps: MakeLeaps is a Japanese invoice and billing management platform serving SMBs and accountants with cloud-based invoice creation, delivery, and accounting integration. It overlaps directly with Misoca in the cloud invoicing category for the Japanese market.
• Money Forward (MF Cloud): Money Forward offers MF Cloud Accounting and Tax Filing as a major Japanese cloud accounting platform for SMBs. Misoca natively integrates with MF Cloud and competes for the same invoicing workflows and SMB customer segment.

Broad incumbents

• Yayoi Accounting: Yayoi Accounting is the parent company's core SMB accounting product with 4M+ registered users, providing the installed base that distributes Misoca. While not a direct competitor in pure invoicing, it overlaps in back-office functionality and is the dominant incumbent in the Japanese SMB accounting market.
• QuickBooks (Intuit): QuickBooks is the dominant global SMB accounting and invoicing platform from Intuit. While not focused on the Japanese market, it is the structural incumbent whose cloud invoicing and accounting model most directly parallels Misoca's positioning in the SMB back-office stack.
• Square Invoices (Block): Square Invoices is part of Block's payments ecosystem, providing SMB invoicing alongside payment processing. Comparable in serving small businesses with integrated invoicing and payment features, though operating as part of a much broader commerce/payments platform.

Emerging players

• FreshBooks: FreshBooks is a North American cloud invoicing and accounting SaaS for SMBs and freelancers with similar freemium/subscription pricing, mobile apps, and accounting integrations. Comparable as a product category peer in the cloud invoicing space, though operating in a different geography.
• Sansan: Sansan is a Japanese business digitization platform that has expanded from business card OCR into invoice/bill digitization through Bill One. Comparable as a Japan-focused invoicing document digitization peer, with broader enterprise scope than Misoca.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/seikyu_misoca
• YouTubeyoutube.com/user/yayoitv
• Facebookfacebook.com/misocafp
• LinkedInlinkedin.com/company/misoca

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Misoca