Japanese Undiscovered Gems With Strong Fundamentals

Yashima Denki

Market Cap: JP¥73.0b

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

Techno Ryowa

Market Cap: JP¥148.0b

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

CMC

Market Cap: JP¥24.4b

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

Nikko

Market Cap: JP¥32.9b

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

Ogaki Kyoritsu Bank

Market Cap: JP¥259.0b

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

Shimizu Bank

Market Cap: JP¥31.7b

Provides various banking services in Japan.

Tohoku Steel

Market Cap: JP¥16.8b

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

E J Holdings

Market Cap: JP¥33.5b

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

Ebara JitsugyoLtd

Market Cap: JP¥68.5b

Manufactures and sells environmentally related products in Japan.

Kanda HoldingsLtd

Market Cap: JP¥19.9b

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

Ryoyu Systems

Market Cap: JP¥44.4b

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

GakkyushaLtd

Market Cap: JP¥26.5b

Operates and manages cram schools in Japan.

Ensuiko Sugar Refining

Market Cap: JP¥16.1b

Manufactures and sells sugar products in Japan.

Wowow

Market Cap: JP¥37.3b

Provides broadcasting and related services in Japan.

Nippon Sharyo

Market Cap: JP¥59.7b

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¥33.3b

Provides human resource services in Japan.

Taiyo KagakuLtd

Market Cap: JP¥51.4b

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

Innotech

Market Cap: JP¥34.2b

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

Komori

Market Cap: JP¥94.1b

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

NS United Kaiun Kaisha

Market Cap: JP¥179.6b

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

Dear LifeLtd

Market Cap: JP¥55.5b

Engages in the real estate business in Japan.

Toho

Market Cap: JP¥42.1b

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

Akatsuki

Market Cap: JP¥22.7b

Engages in the real estate and securities businesses in Japan.

AOKI Holdings

Market Cap: JP¥150.6b

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

OpenWork

Market Cap: JP¥19.3b

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

Araya Industrial

Market Cap: JP¥22.3b

Manufactures and sells steel products in Japan and internationally.

System ResearchLtd

Market Cap: JP¥29.4b

Provides software development services in Japan.

Hokkan Holdings

Market Cap: JP¥30.2b

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

FALCO HOLDINGS

Market Cap: JP¥26.9b

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

Hoshi Iryo-Sanki

Market Cap: JP¥15.8b

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

Torigoe

Market Cap: JP¥25.9b

Manufactures and sells flours and related products in Japan.

Needs Well

Market Cap: JP¥19.7b

Engages in the IT service business in Japan.

Techno Smart

Market Cap: JP¥23.5b

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

Chuo WarehouseLtd

Market Cap: JP¥30.6b

Provides various logistics services in Japan and internationally.

MicroAd

Market Cap: JP¥22.4b

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

YagiLtd

Market Cap: JP¥35.8b

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