Japanese Healthy potentially undervalued

Sanwa Holdings

Market Cap: JP¥811.9b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Asahi Group Holdings

Market Cap: JP¥2.5t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

FUJIFILM Holdings

Market Cap: JP¥3.7t

Provides products and services in the fields of healthcare, electronics, business innovation, and imaging in Japan, the Americas, Europe, Asia, and internationally.

Elecom

Market Cap: JP¥129.3b

Engages in the development, manufacturing, and sale of personal computers and digital equipment related products in Japan and internationally.

ANYCOLOR

Market Cap: JP¥267.5b

Operates as an entertainment company in Japan and internationally.

Rohto PharmaceuticalLtd

Market Cap: JP¥583.6b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

Konica Minolta

Market Cap: JP¥308.9b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Toho Holdings

Market Cap: JP¥312.5b

Engages in the wholesale distribution of pharmaceutical products in Japan.

Sawai Group Holdings

Market Cap: JP¥277.2b

Together with subsidiaries, engages in the research and development, manufacture, and marketing of generic pharmaceuticals.

Nissui

Market Cap: JP¥454.5b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

KDDI

Market Cap: JP¥9.8t

Engages in the provision of mobile telecommunications services in Japan and internationally.

Japan Petroleum Exploration

Market Cap: JP¥547.5b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

Dentsu Group

Market Cap: JP¥776.2b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

Lion

Market Cap: JP¥470.3b

Manufactures and sells consumer and industrial products in Japan and internationally.

MTG

Market Cap: JP¥173.0b

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

Daicel

Market Cap: JP¥412.3b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

MatsukiyoCocokara

Market Cap: JP¥1.0t

Operates and manages chain stores, drug stores, and insurance dispensing pharmacies in Japan.

MS&AD Insurance Group Holdings

Market Cap: JP¥6.2t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Sankyo

Market Cap: JP¥462.7b

Manufactures and sells game machines and ball bearing supply systems in Japan.

Toyo Tire

Market Cap: JP¥716.9b

Manufactures and sells tires in Japan, North America, and internationally.

Sumitomo Pharma

Market Cap: JP¥941.8b

Manufactures, purchases, and sells pharmaceutical products for medical treatment in Japan, North America, and Asia.

Canon

Market Cap: JP¥4.3t

Manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment in Japan, the Americas, Europe, and Asia and Oceania.

Daiichi Sankyo Company

Market Cap: JP¥5.5t

Manufactures and sells pharmaceutical products in Japan, the United States, Europe, and internationally.

Macbee Planet

Market Cap: JP¥21.1b

Engages in the advertising business in Japan.

CyberAgent

Market Cap: JP¥727.1b

Engages in the internet advertising business in Japan.

Yamazaki Baking

Market Cap: JP¥693.2b

Engages in the food business in Japan.

Morinaga&Co

Market Cap: JP¥232.1b

Manufactures, purchases, and sells confectionaries, food, frozen desserts, and health products in Japan and internationally.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.9t

Operates as a trust bank in Japan and internationally.

Astellas Pharma

Market Cap: JP¥4.5t

Manufactures, markets, imports, and exports pharmaceuticals in Japan and internationally.

Suzuken

Market Cap: JP¥447.5b

Primarily engages in the distribution of pharmaceuticals in Japan and internationally.

Hulic

Market Cap: JP¥1.5t

Engages in the holding, leasing, brokerage, and sale of real estate properties in Japan.

Sumitomo Chemical Company

Market Cap: JP¥932.7b

Engages in Agro & Life Solutions, ICT & Mobility Solutions, Advanced Medical Solutions, Essential & Green Materials, and Sumitomo Pharma.

Nippon Paper Industries

Market Cap: JP¥133.2b

Engages in the production and sale of pulp and paper products in Japan, Oceania, Asia, North America, and internationally.

Tokio Marine Holdings

Market Cap: JP¥11.8t

Engages in the non-life and life insurance, and financial and general businesses in Japan and internationally.

Nipro

Market Cap: JP¥245.8b

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

TIS

Market Cap: JP¥799.4b

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