Japanese Undiscovered Gems With Strong Fundamentals

Pacific Metals

Market Cap: JP¥48.0b

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

Toho Bank

Market Cap: JP¥168.9b

Provides various banking products and services in Japan.

Ohashi Technica

Market Cap: JP¥29.3b

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

AJIS

Market Cap: JP¥37.5b

Provides retail support services in Japan and internationally.

Kodama Chemical IndustryLtd

Market Cap: JP¥16.6b

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

Konishi

Market Cap: JP¥85.8b

Manufactures and sells synthetic adhesives in Japan.

System ResearchLtd

Market Cap: JP¥28.4b

Provides software development services in Japan.

Hokkan Holdings

Market Cap: JP¥29.0b

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

Soracom

Market Cap: JP¥42.7b

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

Nippon Care Supply

Market Cap: JP¥37.9b

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

Wowow

Market Cap: JP¥37.1b

Provides broadcasting and related services in Japan.

Taiyo KagakuLtd

Market Cap: JP¥46.7b

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

ISE Chemicals

Market Cap: JP¥266.0b

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

MicroAd

Market Cap: JP¥21.6b

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

Nice

Market Cap: JP¥27.7b

Distributes building materials and housing equipment in Japan.

Kaneko Seeds

Market Cap: JP¥16.3b

Kaneko Seeds Co., Ltd., together with its subsidiaries, production and sale agricultural seeds in Japan.

Cota

Market Cap: JP¥39.9b

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

Torigoe

Market Cap: JP¥25.7b

Manufactures and sells flours and related products in Japan.

Marusan Securities

Market Cap: JP¥70.6b

Engages in the financial products trading business in Japan.

Hoshi Iryo-Sanki

Market Cap: JP¥17.8b

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

Maezawa Kasei Industries

Market Cap: JP¥32.9b

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

NS United Kaiun Kaisha

Market Cap: JP¥181.5b

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

Techno Ryowa

Market Cap: JP¥127.3b

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

Kanda HoldingsLtd

Market Cap: JP¥18.4b

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

Careerlink

Market Cap: JP¥31.2b

Provides human resource services in Japan.

E J Holdings

Market Cap: JP¥31.9b

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

Nippon Sharyo

Market Cap: JP¥52.2b

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

Toukei Computer

Market Cap: JP¥77.2b

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

Envipro Holdings

Market Cap: JP¥26.4b

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

Cresco

Market Cap: JP¥58.9b

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

YagiLtd

Market Cap: JP¥35.3b

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

Soliton Systems K.K

Market Cap: JP¥32.7b

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

Dear LifeLtd

Market Cap: JP¥53.0b

Engages in the real estate business in Japan.

Tokyo Tekko

Market Cap: JP¥54.5b

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

Cyber Security Cloud

Market Cap: JP¥17.6b

Provides web application security services worldwide.

Techno Smart

Market Cap: JP¥22.6b

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