Japanese Undiscovered Gems With Strong Fundamentals

Kyoritsu Electric

Market Cap: JP¥17.4b

Provides various systems, testing and measuring instruments, etc.

Torigoe

Market Cap: JP¥21.0b

Manufactures and sells flours and related products in Japan.

Ascentech K.K

Market Cap: JP¥24.0b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥105.2b

A regional financial institution, provides various banking products and services in Japan and internationally.

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥24.5b

Manages and operates ski resorts in Japan.

TOMONY Holdings

Market Cap: JP¥111.2b

Through its subsidiaries, provides various banking and financial products and services.

Nippon Sharyo

Market Cap: JP¥29.8b

Engages in the manufactures and sale of railway rolling stock, transportation equipment, steel structures, and construction equipment; and engineering and other activities in Japan, the United States, Asia, and internationally.

AlpenLtd

Market Cap: JP¥87.6b

Engages in the development and sale of sporting products in Japan.

DoshishaLtd

Market Cap: JP¥86.3b

DOSHISHA, legally known as DOSHISHA CORPORATION., headquartered in Tokyo, Japan, is a company in the distribution industry.

Tsubakimoto Kogyo

Market Cap: JP¥44.3b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

CMC

Market Cap: JP¥19.4b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Ryoyu Systems

Market Cap: JP¥45.6b

Provides information technology (IT) solutions for various industries in Japan.

Maezawa Kasei Industries

Market Cap: JP¥26.4b

Produces and sells water and sewerage related products, and environmental equipment.

Hyakugo Bank

Market Cap: JP¥174.8b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Chudenko

Market Cap: JP¥181.9b

Operates as an equipment engineering company in Japan.

OpenWork

Market Cap: JP¥21.4b

Develops and manages a job and recruitment information platform in Japan.

Toho Bank

Market Cap: JP¥81.9b

Provides various banking products and services in Japan.

Mr Max Holdings

Market Cap: JP¥22.6b

Operates discount stores in Japan.

Techno Ryowa

Market Cap: JP¥76.0b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Marusan Securities

Market Cap: JP¥59.0b

Engages in the financial products trading business in Japan.

CHANGE HoldingsInc

Market Cap: JP¥77.4b

Provides IT human resources development training services in Japan.

Ohashi Technica

Market Cap: JP¥25.0b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

Komori

Market Cap: JP¥76.7b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Konishi

Market Cap: JP¥77.5b

Manufactures and sells synthetic adhesives in Japan.

ITOCHU-SHOKUHIN

Market Cap: JP¥122.4b

Engages in the wholesale of food products and alcoholic beverages in Japan.

FCE

Market Cap: JP¥15.7b

Through its subsidiaries, engages in the DX promotion, education and training, and publishing businesses in Japan.

Toukei Computer

Market Cap: JP¥69.1b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Araya Industrial

Market Cap: JP¥22.8b

Manufactures and sells steel products in Japan and internationally.

Saison Technology

Market Cap: JP¥29.3b

Engages in the system development and operation, and software package businesses in Japan.

FALCO HOLDINGS

Market Cap: JP¥22.4b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Yashima Denki

Market Cap: JP¥35.1b

Provides plant business, industry/equipment, and transportation business in Japan and internationally.

KinjiroLtd

Market Cap: JP¥18.0b

Provides human resource management (HRM) solution services.

Imuraya Group

Market Cap: JP¥31.5b

Manufactures and sells various food products in Japan and internationally.

Kondotec

Market Cap: JP¥37.9b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

AJIS

Market Cap: JP¥25.1b

Provides inventory and other retail support services in Asia.

AOKI Holdings

Market Cap: JP¥140.8b

Engages in the fashion, anniversary and bridal, entertainment, and real estate rental businesses in Japan.