Japanese Banks Undervalued Small Caps

Chugin Financial GroupInc

Market Cap: JP¥279.2b

Through its subsidiary The Chugoku Bank, Limited, provides various financial services to corporate and individual customers in Japan.

Nishi-Nippon Financial Holdings

Market Cap: JP¥288.0b

Through its subsidiaries, manages and operates banks and other companies that provide financial and non-financial solutions in Japan, Hong Kong, China, and Singapore.

Okinawa Financial Group

Market Cap: JP¥59.0b

Provides various financial services.