Japanese Undiscovered Gems With Strong Fundamentals

Ogaki Kyoritsu Bank

Market Cap: JP¥254.0b

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

Techno Ryowa

Market Cap: JP¥138.0b

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

Yashima Denki

Market Cap: JP¥66.7b

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

Shimizu Bank

Market Cap: JP¥29.2b

Provides various banking services in Japan.

CMC

Market Cap: JP¥24.1b

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

NS United Kaiun Kaisha

Market Cap: JP¥171.1b

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

Innotech

Market Cap: JP¥31.0b

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

Imuraya Group

Market Cap: JP¥31.5b

Manufactures and sells various food products in Japan and internationally.

FALCO HOLDINGS

Market Cap: JP¥26.4b

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

Toukei Computer

Market Cap: JP¥74.7b

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

Nice

Market Cap: JP¥26.5b

Distributes building materials and housing equipment in Japan.

OpenWork

Market Cap: JP¥18.5b

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

Kaneko Seeds

Market Cap: JP¥15.7b

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

Cresco

Market Cap: JP¥58.1b

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

YagiLtd

Market Cap: JP¥36.3b

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

Chuo WarehouseLtd

Market Cap: JP¥32.3b

Provides various logistics services in Japan and internationally.

Cota

Market Cap: JP¥35.6b

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

Marusan Securities

Market Cap: JP¥67.4b

Engages in the financial products trading business in Japan.

Ohashi Technica

Market Cap: JP¥29.8b

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

Kanda HoldingsLtd

Market Cap: JP¥18.7b

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

Ryoyu Systems

Market Cap: JP¥41.7b

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

Otec

Market Cap: JP¥36.1b

Trades pipework equipment in Japan.

Ebara JitsugyoLtd

Market Cap: JP¥62.8b

Manufactures and sells environmentally related products in Japan.

Tokyo Tekko

Market Cap: JP¥50.0b

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

GakkyushaLtd

Market Cap: JP¥25.8b

Operates and manages cram schools in Japan.

Komori

Market Cap: JP¥87.3b

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

Maezawa Kasei Industries

Market Cap: JP¥33.6b

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

Torigoe

Market Cap: JP¥24.7b

Manufactures and sells flours and related products in Japan.

Techno Smart

Market Cap: JP¥22.7b

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

Ascentech K.K

Market Cap: JP¥16.6b

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

Pacific Metals

Market Cap: JP¥53.6b

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

Toho Bank

Market Cap: JP¥155.4b

Provides various banking products and services in Japan.

AJIS

Market Cap: JP¥37.4b

Provides retail support services in Japan and internationally.

Hoshi Iryo-Sanki

Market Cap: JP¥16.0b

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

Konishi

Market Cap: JP¥86.0b

Manufactures and sells synthetic adhesives in Japan.

Envipro Holdings

Market Cap: JP¥24.5b

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