Japanese Undervalued Small Caps

Nagano Keiki

Market Cap: JP¥36.8b

Manufactures and sells pressure measurement and control equipment in Japan and internationally.

Sharingtechnology

Market Cap: JP¥25.3b

Engages in the website business for solving household problems in Japan.

Ryobi

Market Cap: JP¥67.1b

Operates as a die casting manufacturer in Japan, the United States, China, and internationally.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥22.5b

Engages in the debugging, media, and other businesses.

Jp-HoldingsInc

Market Cap: JP¥53.3b

Provides nursery services in Japan.

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.

Rion

Market Cap: JP¥30.6b

Manufactures, sells, and maintains hearing instruments, medical equipment, sound and vibration measuring instruments, particle counters, and related parts and equipment in Japan.

Makino Milling Machine

Market Cap: JP¥212.4b

Engages in the manufacture and sale of machine tools in Japan, China, rest of Asia, the United States, rest of Americas, Europe, and internationally.

Sakai Moving ServiceLtd

Market Cap: JP¥100.9b

Provides moving transportation services in Japan.

Shofu

Market Cap: JP¥77.7b

Manufactures and sells dental materials and equipment worldwide.

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.

Densan System Holdings

Market Cap: JP¥26.9b

Engages in the information service and collection agency service businesses in Japan.

CREEK & RIVER

Market Cap: JP¥31.9b

Provides rights management, production, and agency services in Japan and internationally.

Heiwa

Market Cap: JP¥218.2b

Develops, manufactures, and sells pachinko and pachislot machines in Japan.

FINDEX

Market Cap: JP¥18.1b

Offers medical systems, office systems, and medical equipment solutions in Japan.

Qol Holdings

Market Cap: JP¥83.1b

Engages in management of dispensing pharmacies and business process outsourcing contracting businesses in Japan.

Macbee Planet

Market Cap: JP¥41.0b

Operates in analytics consulting and marketing technology businesses 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.

Nisshinbo Holdings

Market Cap: JP¥136.0b

Operates wireless communication, microdevice, automobile brakes, precision instruments, chemicals, textiles, and real estate businesses in China and internationally.

M&A Capital PartnersLtd

Market Cap: JP¥88.2b

Engages in the mergers and acquisitions (M&A) brokerage business in Japan.

West Holdings

Market Cap: JP¥61.1b

Engages in the renewable energy business in Japan and internationally.

DTS

Market Cap: JP¥188.6b

Provides systems integration services in Japan.

TOWA

Market Cap: JP¥104.5b

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

Tsuburaya Fields Holdings

Market Cap: JP¥115.7b

Engages in the content-related businesses in Japan.

Premium Group

Market Cap: JP¥82.3b

Provides financing and services worldwide.

Vt HoldingsLtd

Market Cap: JP¥61.7b

Operates as an automobile dealer in Japan worldwide.

ITFOR

Market Cap: JP¥40.8b

Provides support services for the implementation of information technology in Japan.

Rise Consulting Group

Market Cap: JP¥22.8b

Offers management consulting services in Japan.

Elan

Market Cap: JP¥45.2b

Engages in the nursing care business primarily in Japan.

OPTEX GROUP Company

Market Cap: JP¥55.1b

Develops, manufactures, and sells security and automatic door products in Japan, the United States, Europe, and rest of Asia.

Micronics Japan

Market Cap: JP¥128.6b

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

Financial Partners GroupLtd

Market Cap: JP¥192.2b

Provides various financial products and services in Japan.

CURVES HOLDINGS

Market Cap: JP¥63.3b

Engages in the operation and management of fitness club for women under the Curves brand name in Japan.

NISSO HOLDINGS

Market Cap: JP¥22.7b

Provides human resources services in Japan.

System Support Holdings

Market Cap: JP¥23.5b

Provides various information technology (IT) services in Japan and internationally.

Okinawa Financial Group

Market Cap: JP¥59.0b

Provides various financial services.