Japanese Undiscovered Gems With Strong Fundamentals

Central Forest Group

Market Cap: JP¥22.7b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

OpenWork

Market Cap: JP¥19.9b

Engages in the e-working data platform business in Japan.

Yashima Denki

Market Cap: JP¥65.2b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Ohashi Technica

Market Cap: JP¥29.5b

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

Ogaki Kyoritsu Bank

Market Cap: JP¥247.3b

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

Cresco

Market Cap: JP¥59.9b

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

Cota

Market Cap: JP¥37.3b

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

Soliton Systems K.K

Market Cap: JP¥34.2b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

Kodama Chemical IndustryLtd

Market Cap: JP¥17.0b

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

E J Holdings

Market Cap: JP¥32.1b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

Nippon Sharyo

Market Cap: JP¥53.8b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Tokyo Tekko

Market Cap: JP¥52.8b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Careerlink

Market Cap: JP¥31.4b

Provides human resource services in Japan.

YagiLtd

Market Cap: JP¥36.8b

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

Innotech

Market Cap: JP¥31.7b

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

FALCO HOLDINGS

Market Cap: JP¥26.2b

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

Akatsuki

Market Cap: JP¥21.0b

Engages in the real estate and securities businesses in Japan.

Tohoku Steel

Market Cap: JP¥16.8b

Manufactures, processes, and distributes various types of special steel products in Japan.

SAN Holdings

Market Cap: JP¥31.3b

Provides funeral services in Japan.

Dear LifeLtd

Market Cap: JP¥53.4b

Engages in the real estate business in Japan.

AOKI Holdings

Market Cap: JP¥140.2b

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

AJIS

Market Cap: JP¥37.5b

Provides retail support services in Japan and internationally.

Komori

Market Cap: JP¥86.3b

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

Pacific Metals

Market Cap: JP¥53.7b

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

Toho Bank

Market Cap: JP¥157.9b

Provides various banking products and services in Japan.

Needs Well

Market Cap: JP¥20.6b

Engages in the IT service business in Japan.

Tsubakimoto Kogyo

Market Cap: JP¥51.1b

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

ISE Chemicals

Market Cap: JP¥310.8b

Engages in the iodine and natural gas, and mettalic compound businesses in Japan.

MicroAd

Market Cap: JP¥23.3b

Operates an advertising platform that connects advertisers and the media in Japan.

Imuraya Group

Market Cap: JP¥31.2b

Manufactures and sells various food products in Japan and internationally.

Envipro Holdings

Market Cap: JP¥26.6b

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

GakkyushaLtd

Market Cap: JP¥25.8b

Operates and manages cram schools in Japan.

Hoshi Iryo-Sanki

Market Cap: JP¥17.1b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Torigoe

Market Cap: JP¥25.2b

Manufactures and sells flours and related products in Japan.

Chuo WarehouseLtd

Market Cap: JP¥32.2b

Provides various logistics services in Japan and internationally.

Konishi

Market Cap: JP¥85.5b

Manufactures and sells synthetic adhesives in Japan.