Japanese Undiscovered Gems With Strong Fundamentals

Taiyo KagakuLtd

Market Cap: JP¥43.6b

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

Hoshi Iryo-Sanki

Market Cap: JP¥15.7b

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

Central Forest Group

Market Cap: JP¥22.4b

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

Toho

Market Cap: JP¥123.6b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

Careerlink

Market Cap: JP¥31.4b

Provides human resource services in Japan.

Maezawa Kasei Industries

Market Cap: JP¥33.9b

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

Ebara JitsugyoLtd

Market Cap: JP¥51.3b

Manufactures and sells environmentally related products in Japan.

Hi-Lex

Market Cap: JP¥134.2b

Operates in the automotive, industrial equipment, and medical equipment sectors in Japan and internationally.

Ohashi Technica

Market Cap: JP¥28.7b

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

Toho Bank

Market Cap: JP¥145.9b

Provides various banking products and services in Japan.

Nippon Sharyo

Market Cap: JP¥53.1b

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

OpenWork

Market Cap: JP¥23.5b

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

Chudenko

Market Cap: JP¥247.3b

Operates as an equipment engineering company in Japan.

Kyoritsu Electric

Market Cap: JP¥22.8b

Provides various systems, testing and measuring instruments, etc.

Toukei Computer

Market Cap: JP¥76.4b

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

Muto Seiko

Market Cap: JP¥15.4b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

CHANGE HoldingsInc

Market Cap: JP¥73.3b

Engages in the digital transformation (DX) business in Japan.

Cresco

Market Cap: JP¥67.5b

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

OUG Holdings

Market Cap: JP¥21.2b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

FALCO HOLDINGS

Market Cap: JP¥26.5b

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

Komori

Market Cap: JP¥83.5b

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

Ensuiko Sugar Refining

Market Cap: JP¥15.4b

Manufactures and sells sugar products in Japan.

Business Brain Showa-Ota

Market Cap: JP¥36.8b

Provides consulting and systems development, and business management services in Japan.

Konishi

Market Cap: JP¥83.7b

Manufactures and sells synthetic adhesives in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥234.8b

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

Tsubakimoto Kogyo

Market Cap: JP¥51.9b

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

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥23.5b

Manages and operates ski resorts in Japan.

Araya Industrial

Market Cap: JP¥24.9b

Manufactures and sells steel products in Japan and internationally.

Yashima Denki

Market Cap: JP¥64.9b

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

ISE Chemicals

Market Cap: JP¥303.2b

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

Tokyo Tekko

Market Cap: JP¥53.4b

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

Nice

Market Cap: JP¥23.4b

Distributes building materials and housing equipment in Japan.

CMC

Market Cap: JP¥23.0b

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

Kanda HoldingsLtd

Market Cap: JP¥19.8b

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

Imuraya Group

Market Cap: JP¥31.6b

Manufactures and sells various food products in Japan and internationally.

Ascentech K.K

Market Cap: JP¥21.8b

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