Japanese Undiscovered Gems With Strong Fundamentals

Akatsuki

Market Cap: JP¥19.6b

Engages in the real estate and securities businesses in Japan.

Ascentech K.K

Market Cap: JP¥19.1b

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

Konishi

Market Cap: JP¥84.0b

Manufactures and sells synthetic adhesives in Japan.

GakkyushaLtd

Market Cap: JP¥25.0b

Operates and manages cram schools in Japan.

Pacific Metals

Market Cap: JP¥42.5b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Cota

Market Cap: JP¥30.7b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Techno Ryowa

Market Cap: JP¥138.2b

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

CMC

Market Cap: JP¥24.5b

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

Araya Industrial

Market Cap: JP¥19.4b

Manufactures and sells steel products in Japan and internationally.

Cresco

Market Cap: JP¥55.8b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Kodama Chemical IndustryLtd

Market Cap: JP¥18.0b

Manufactures and sells plastic products in Japan, Thailand, and internationally.

Nikko

Market Cap: JP¥30.8b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

YagiLtd

Market Cap: JP¥31.3b

Together its subsidiaries, operates as a fiber trading company in Japan.

Innotech

Market Cap: JP¥33.5b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

Toho Bank

Market Cap: JP¥162.4b

Provides various banking products and services in Japan.

Soliton Systems K.K

Market Cap: JP¥32.9b

Engages in the development and sale of IT security-related products in Japan, the United States, and internationally.

Komori

Market Cap: JP¥82.3b

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

Kanda HoldingsLtd

Market Cap: JP¥18.4b

Through its subsidiaries, operates as a logistics company in Japan and internationally.

Envipro Holdings

Market Cap: JP¥29.2b

Through its subsidiaries, engages in the resource recycling, global trading, and lithium-ion battery recycling businesses in Japan and internationally.

Hokkan Holdings

Market Cap: JP¥27.0b

Through its subsidiaries, engages in the container, filling, and machinery production, and other businesses in Japan and internationally.

OpenWork

Market Cap: JP¥18.8b

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

Dear LifeLtd

Market Cap: JP¥52.4b

Engages in the real estate business in Japan.

Ohashi Technica

Market Cap: JP¥28.6b

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

Imuraya Group

Market Cap: JP¥29.7b

Manufactures and sells various food products in Japan and internationally.

Nice

Market Cap: JP¥23.3b

Distributes building materials and housing equipment in Japan.

Soracom

Market Cap: JP¥45.2b

Provides Internet of Things (IoT) based cellular connectivity solutions.

Tsubakimoto Kogyo

Market Cap: JP¥49.6b

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

Marusan Securities

Market Cap: JP¥67.8b

Engages in the financial products trading business in Japan.

Otec

Market Cap: JP¥36.3b

Trades pipework equipment in Japan.

Shimizu Bank

Market Cap: JP¥28.4b

Provides various banking services in Japan.

MEEQ

Market Cap: JP¥16.9b

Engages in the mobile IoT support business in Japan.

Mr Max Holdings

Market Cap: JP¥23.4b

Operates discount stores in Japan.

Maezawa Kasei Industries

Market Cap: JP¥30.1b

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

FALCO HOLDINGS

Market Cap: JP¥25.5b

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

Needs Well

Market Cap: JP¥17.2b

Engages in the IT service business in Japan.

NS United Kaiun Kaisha

Market Cap: JP¥166.6b

Engages in the marine transportation services and related business in Japan and internationally.