Japanese Undiscovered Gems With Strong Fundamentals

Nikko

Market Cap: JP¥31.8b

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

OpenWork

Market Cap: JP¥19.0b

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

Araya Industrial

Market Cap: JP¥22.0b

Manufactures and sells steel products in Japan and internationally.

Cota

Market Cap: JP¥36.7b

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

Marusan Securities

Market Cap: JP¥69.8b

Engages in the financial products trading business in Japan.

Muto Seiko

Market Cap: JP¥16.3b

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

Dear LifeLtd

Market Cap: JP¥54.9b

Engages in the real estate business in Japan.

Cresco

Market Cap: JP¥59.4b

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

Ensuiko Sugar Refining

Market Cap: JP¥15.8b

Manufactures and sells sugar products in Japan.

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.

Ohashi Technica

Market Cap: JP¥30.7b

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

GakkyushaLtd

Market Cap: JP¥26.2b

Operates and manages cram schools in Japan.

Soliton Systems K.K

Market Cap: JP¥34.4b

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

Nihon Suido Consultants

Market Cap: JP¥27.9b

Provides construction consulting services for water supply and sewerage infrastructure in Japan and internationally.

Chuo WarehouseLtd

Market Cap: JP¥32.7b

Provides various logistics services in Japan and internationally.

Otec

Market Cap: JP¥38.5b

Trades pipework equipment in Japan.

E J Holdings

Market Cap: JP¥33.3b

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

Careerlink

Market Cap: JP¥32.5b

Provides human resource services in Japan.

YagiLtd

Market Cap: JP¥37.1b

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

Nippon Care Supply

Market Cap: JP¥37.4b

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

Pacific Metals

Market Cap: JP¥55.7b

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

AJIS

Market Cap: JP¥37.4b

Provides retail support services in Japan and internationally.

Shimizu Bank

Market Cap: JP¥31.3b

Provides various banking services in Japan.

Toho Bank

Market Cap: JP¥168.9b

Provides various banking products and services in Japan.

Envipro Holdings

Market Cap: JP¥26.1b

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

Toukei Computer

Market Cap: JP¥75.9b

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

Nice

Market Cap: JP¥27.4b

Distributes building materials and housing equipment in Japan.

Cyber Security Cloud

Market Cap: JP¥16.2b

Provides web application security services worldwide.

Nippon Sharyo

Market Cap: JP¥56.9b

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

Techno Smart

Market Cap: JP¥23.1b

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

Ascentech K.K

Market Cap: JP¥17.3b

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

Wowow

Market Cap: JP¥36.5b

Provides broadcasting and related services in Japan.

Kaneko Seeds

Market Cap: JP¥16.0b

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

Taiyo KagakuLtd

Market Cap: JP¥50.4b

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

Techno Ryowa

Market Cap: JP¥136.3b

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

CMC

Market Cap: JP¥24.9b

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