Japanese Undervalued Small Caps

KH Neochem

Market Cap: JP¥84.7b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Shofu

Market Cap: JP¥66.2b

Manufactures and sells dental materials and equipment worldwide.

Relo Group

Market Cap: JP¥252.7b

Engages in the provision of property management services in Japan.

Round One

Market Cap: JP¥272.1b

Operates indoor leisure complex facilities.

Tazmo

Market Cap: JP¥34.4b

Together with subsidiaries, develops, manufactures, and sells semiconductor manufacturing equipment in Japan, Taiwan, China, South Korea, Vietnam, rest of Asia, North America, and Europe.

MTG

Market Cap: JP¥171.6b

Manufactures and sells health, beauty, and wellness products in Japan and internationally.

Nippon Carbide Industries

Market Cap: JP¥21.8b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Future

Market Cap: JP¥187.5b

Provides IT consulting and services primarily in Japan.

Base

Market Cap: JP¥63.7b

Engages in the computer software development and related work in Japan.

SIGMAXYZ Holdings

Market Cap: JP¥63.1b

Engages in the consulting, investment, and M&A advisory businesses in Japan.

CREEK & RIVER

Market Cap: JP¥30.6b

Engages in the production and management of creative artists and agencies, as well as rights management in Japan and internationally.

Komehyo HoldingsLtd

Market Cap: JP¥32.3b

Engages in the purchase and sale of used and new products through stores in Japan.

Software Service

Market Cap: JP¥77.4b

Engages in providing electric medical record, hospital total ordering, and other systems.

NCD

Market Cap: JP¥21.7b

Engages in the system development, support and service, and parking system businesses in Japan.

Rion

Market Cap: JP¥31.8b

Develops, manufactures, sells, and services particle counters, medical equipment, and environmental equipment in Japan.

Macbee Planet

Market Cap: JP¥26.3b

Engages in the advertising business in Japan.

Taoka Chemical Company

Market Cap: JP¥17.3b

Manufactures and sells various chemicals in Japan and internationally.

GA technologies

Market Cap: JP¥86.6b

Operates a real estate brokerage platform.

Prestige International

Market Cap: JP¥81.3b

Provides business process outsourcing services in Japan and internationally.

Qol Holdings

Market Cap: JP¥77.9b

Engages in the pharmacy, BPO, and pharmaceutical businesses in Japan.

Management SolutionsLtd

Market Cap: JP¥21.3b

Provides management consulting, project management execution, and project management training services.

Core Concept Technologies

Market Cap: JP¥15.6b

Engages in the provision of digital transformation support in Japan.

World

Market Cap: JP¥103.7b

Through its subsidiaries, plans, manufactures, retails, sells, and imports/exports apparel and fashion products in Japan and internationally.

KOMEDA Holdings

Market Cap: JP¥135.0b

Operates a coffee shop franchise business under the Komeda Coffee and Okagean brand names in Japan.

Nishio Holdings

Market Cap: JP¥117.7b

Engages in the construction machinery rental business in Japan and internationally.

Maezawa Industries

Market Cap: JP¥34.4b

Designs, manufactures, sells, and installs equipment and apparatus for water supply and sewage systems in Japan and internationally.

Japan Eyewear Holdings

Market Cap: JP¥51.2b

Through its subsidiaries, engages in the designing, manufacturing, and selling eyeglasses in Japan.

Rise Consulting Group

Market Cap: JP¥20.9b

Engages in the consulting business in Japan.

Rheon Automatic Machinery

Market Cap: JP¥40.4b

Develops, manufactures, and supplies a range of food processing machines in Japan and internationally.

SERAKU

Market Cap: JP¥20.4b

Operates as internet system integrator in Japan.

I-ne

Market Cap: JP¥26.1b

Engages in the planning, development, operation, manufacturing, and sale of cosmetics, beauty appliances, and other beauty-related products in Japan.

Marubun

Market Cap: JP¥30.8b

Distributes electronics products in Japan and internationally.

J Trust

Market Cap: JP¥57.1b

Engages in the provision of various financial services in Japan.

Mimaki Engineering

Market Cap: JP¥45.1b

Develops, manufactures, and sells computer devices and software in Japan and internationally.

DD GROUP

Market Cap: JP¥30.5b

Primarily engages in the planning, management, and operation of food and beverage, and amusement businesses in Japan.

Hioki E.E

Market Cap: JP¥78.7b

Engages in the development, manufacture, and sale of electrical measuring instruments in Japan, China, other Asia, the United States of America, Europe, and internationally.