Japanese Undervalued Small Caps

Yokowo

Market Cap: JP¥48.9b

Provides components and advanced devices for wireless communication and information transmission applications in Japan, Europe, Asia, and the United States.

JAPAN MATERIAL

Market Cap: JP¥175.4b

Operates in the electronics and graphics businesses in Japan.

Musashi Seimitsu Industry

Market Cap: JP¥191.5b

Manufactures and sells automotive parts in Japan, the United States, Asia, China, and Europe.

SMS

Market Cap: JP¥110.0b

Provides information infrastructure for the nursing care, medical care, career, healthcare, and elderly care field business areas in Japan and internationally.

JINS HOLDINGS

Market Cap: JP¥150.8b

Through its subsidiaries, engages in the planning, manufacturing, sales, and import/export of eyewear in Japan and internationally.

WingArc1st

Market Cap: JP¥123.8b

Develops and sells software and services in Japan.

Ship Healthcare Holdings

Market Cap: JP¥235.8b

Engages in the medical, healthcare, welfare, and nursing care businesses in Japan and internationally.

Nagase Brothers

Market Cap: JP¥60.8b

Provides education services in Japan.

Ki-Star Real EstateLtd

Market Cap: JP¥87.6b

Operates as a real estate company.

Nipro

Market Cap: JP¥241.4b

Engages in the medical devices, pharmaceuticals, and pharma packaging businesses.

Kyoritsu Maintenance

Market Cap: JP¥265.4b

Operates dormitories for students and companies.

FreeBit

Market Cap: JP¥34.0b

Operates as a supporting Internet business, and broadband business company.

Atrae

Market Cap: JP¥15.6b

Plans, develops, and manages job information websites in Japan.

Elan

Market Cap: JP¥46.4b

Engages in the nursing care business primarily in Japan.

Inforich

Market Cap: JP¥22.6b

Offers portable power bank sharing services in Japan and internationally.

System Support Holdings

Market Cap: JP¥29.0b

Engages in the planning, development, operation, and maintenance of IT systems in Japan and North America.

Nakamoto PacksLtd

Market Cap: JP¥16.1b

Provides gravure printing services in Japan and internationally.

QB Net HoldingsLtd

Market Cap: JP¥18.0b

Operates in the hair cutting business in Japan, Hong Kong, Singapore, Taiwan, the United States, and internationally.

Toyo Tanso

Market Cap: JP¥100.6b

Produces and sells carbon materials in Japan and internationally.

Plus Alpha ConsultingLtd

Market Cap: JP¥97.6b

Provides marketing and HR solutions in japan.

Link and Motivation

Market Cap: JP¥52.1b

Provides consulting and cloud services in Japan.

Starts

Market Cap: JP¥230.7b

Engages in the construction, real estate management, and tenant recruitment in Japan and internationally.

Nikkiso

Market Cap: JP¥95.4b

Engages in industrial, aerospace, and medical businesses worldwide.

Noritsu Koki

Market Cap: JP¥177.6b

Manufactures and sells audio equipment and peripheral products in Japan, China, the United States, Europe, Central and South America, the Middle East, Africa, and internationally.

Matsuya R&DLtd

Market Cap: JP¥17.2b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

SHIFT

Market Cap: JP¥272.0b

Provides software quality assurance and testing solutions in Japan.

Startia HoldingsInc

Market Cap: JP¥24.8b

Engages in the IT business in Japan and internationally.

Waseda Academy

Market Cap: JP¥44.2b

Operates and manages preparatory schools for elementary, junior high, and high school students.

Itoki

Market Cap: JP¥117.5b

Plans, designs, manufactures, and sells office furniture in Japan and internationally.

AirTrip

Market Cap: JP¥18.9b

Engages in the online travel agency business in Japan.

DIP

Market Cap: JP¥112.0b

Engages in the human resources service business in Japan.

Zeria Pharmaceutical

Market Cap: JP¥86.4b

Manufactures, sells, imports, and exports pharmaceuticals, non-pharmaceutical products, veterinary pharmaceuticals, agricultural and industrial chemicals, and reagents in Japan and internationally.

BEAUTY GARAGE

Market Cap: JP¥17.4b

BEAUTY GARAGE Inc. purchases and sells beautician and beauty products and equipment.

Tokuyama

Market Cap: JP¥277.1b

Produces and sells various chemical products in Japan.

JBCC Holdings

Market Cap: JP¥83.9b

Through its subsidiaries, provides information technology (IT) services in Japan.

Aucnet

Market Cap: JP¥85.7b

A circular market design company, engages in online auctions and various distribution businesses for goods, flowers, used motorcycles, used medical equipment, etc.