Japanese Undiscovered Gems With Strong Fundamentals

Taiyo KagakuLtd

Market Cap: JP¥49.0b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Tsubakimoto Kogyo

Market Cap: JP¥51.5b

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

Needs Well

Market Cap: JP¥20.1b

Engages in the IT service business in Japan.

Araya Industrial

Market Cap: JP¥21.0b

Manufactures and sells steel products in Japan and internationally.

Central Forest Group

Market Cap: JP¥22.7b

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

Konishi

Market Cap: JP¥85.8b

Manufactures and sells synthetic adhesives in Japan.

Yashima Denki

Market Cap: JP¥63.1b

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

CMC

Market Cap: JP¥24.1b

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

Nice

Market Cap: JP¥28.1b

Distributes building materials and housing equipment in Japan.

Nikko

Market Cap: JP¥30.9b

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

Nippon Care Supply

Market Cap: JP¥37.7b

Engages in the rental and wholesale of welfare equipment businesses in Japan.

Tohoku Steel

Market Cap: JP¥16.7b

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

Otec

Market Cap: JP¥37.3b

Trades pipework equipment 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.

Komori

Market Cap: JP¥85.3b

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

Techno Smart

Market Cap: JP¥22.6b

Provides liquid crystal-related film and cast film manufacturing devices.

Cota

Market Cap: JP¥39.6b

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

E J Holdings

Market Cap: JP¥31.9b

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

Marusan Securities

Market Cap: JP¥70.5b

Engages in the financial products trading business in Japan.

Toukei Computer

Market Cap: JP¥77.1b

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

Envipro Holdings

Market Cap: JP¥27.4b

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

Nippon Sharyo

Market Cap: JP¥53.4b

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

Careerlink

Market Cap: JP¥31.4b

Provides human resource services in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥250.6b

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

Hokkan Holdings

Market Cap: JP¥28.9b

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

Soracom

Market Cap: JP¥43.0b

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

Imuraya Group

Market Cap: JP¥31.1b

Manufactures and sells various food products in Japan and internationally.

System ResearchLtd

Market Cap: JP¥28.6b

Provides software development services in Japan.

Kodama Chemical IndustryLtd

Market Cap: JP¥16.2b

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

Cyber Security Cloud

Market Cap: JP¥17.6b

Provides web application security services worldwide.

AJIS

Market Cap: JP¥37.5b

Provides retail support services in Japan and internationally.

Pacific Metals

Market Cap: JP¥50.5b

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

Toho Bank

Market Cap: JP¥165.2b

Provides various banking products and services in Japan.

SAN Holdings

Market Cap: JP¥30.8b

Provides funeral services in Japan.

ISE Chemicals

Market Cap: JP¥296.6b

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.