Japanese Undiscovered Gems With Strong Fundamentals

Hoshi Iryo-Sanki

Market Cap: JP¥16.1b

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

Central Forest Group

Market Cap: JP¥24.5b

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

Nikko

Market Cap: JP¥30.9b

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

Kodama Chemical IndustryLtd

Market Cap: JP¥18.2b

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

Dear LifeLtd

Market Cap: JP¥52.3b

Engages in the real estate business in Japan.

Togami Electric Mfg

Market Cap: JP¥31.7b

Engages in the manufacturing and sale of industrial power distribution equipment in Japan.

Ohashi Technica

Market Cap: JP¥28.1b

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

Shimizu Bank

Market Cap: JP¥29.5b

Provides various banking services in Japan.

MEEQ

Market Cap: JP¥17.7b

Engages in the mobile IoT support business in Japan.

Ascentech K.K

Market Cap: JP¥19.8b

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

Araya Industrial

Market Cap: JP¥19.6b

Manufactures and sells steel products in Japan and internationally.

Komori

Market Cap: JP¥83.0b

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

CMC

Market Cap: JP¥23.7b

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

Ryoyu Systems

Market Cap: JP¥39.9b

Provides design, development, operation and maintenance of information and communication systems for various industries in Japan.

GDEP ADVANCEInc

Market Cap: JP¥16.7b

Engages in the system incubation business in Japan.

Nice

Market Cap: JP¥22.5b

Distributes building materials and housing equipment in Japan.

Hokkan Holdings

Market Cap: JP¥26.6b

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

Imuraya Group

Market Cap: JP¥29.6b

Manufactures and sells various food products in Japan and internationally.

Akatsuki

Market Cap: JP¥19.3b

Engages in the real estate and securities businesses in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥287.4b

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

Taiyo KagakuLtd

Market Cap: JP¥44.6b

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

Mr Max Holdings

Market Cap: JP¥23.2b

Operates discount stores in Japan.

AOKI Holdings

Market Cap: JP¥125.6b

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

Pacific Metals

Market Cap: JP¥46.1b

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

Nippon Sharyo

Market Cap: JP¥53.0b

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¥27.6b

Provides human resource services in Japan.

Cresco

Market Cap: JP¥56.6b

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

Soliton Systems K.K

Market Cap: JP¥34.7b

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

Otec

Market Cap: JP¥35.2b

Trades pipework equipment in Japan.

Chuo WarehouseLtd

Market Cap: JP¥33.7b

Provides various logistics services in Japan and internationally.

Marusan Securities

Market Cap: JP¥68.3b

Engages in the financial products trading business in Japan.

Soracom

Market Cap: JP¥45.6b

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

System ResearchLtd

Market Cap: JP¥27.6b

Provides software development services in Japan.

YagiLtd

Market Cap: JP¥32.2b

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

Kyoritsu Electric

Market Cap: JP¥21.9b

Provides various systems, testing and measuring instruments, etc.

Innotech

Market Cap: JP¥39.2b

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