Japanese Semiconductors Undervalued Small Caps

ULVAC

Market Cap: JP¥250.2b

Engages in vacuum equipment and applications business in Japan and internationally.

Shibaura Mechatronics

Market Cap: JP¥94.2b

Produces and sells manufacturing equipment for flat panel displays (FPDs), semiconductors, and electronic components in Japan, Northeastern Asia, and internationally.

Rorze

Market Cap: JP¥267.8b

Engages in the design, development, manufacture, and sale of automation systems for the semiconductor and flat panel display production worldwide.

Japan Electronic Materials

Market Cap: JP¥24.3b

Engages in the manufacture and sale of probe cards and electron tube parts in Japan and internationally.

Yamaichi ElectronicsLtd

Market Cap: JP¥38.1b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

Tazmo

Market Cap: JP¥25.5b

Manufactures and sells semiconductor manufacturing equipment in Japan, Taiwan, China, South Korea, Vietnam, rest of Asia, North America, and Europe.

TOWA

Market Cap: JP¥104.5b

Designs, develops, manufactures, and sells semiconductor manufacturing equipment and high-precision molds in Japan and internationally.

Micronics Japan

Market Cap: JP¥128.6b

Develops, manufactures, and sells body measuring instruments, semiconductor, and liquid crystal display inspection equipment worldwide.

NPC

Market Cap: JP¥16.3b

Engages in the machinery and environmental businesses.