Japanese Undiscovered Gems With Strong Fundamentals

Taiyo KagakuLtd

Market Cap: JP¥43.5b

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

Central Forest Group

Market Cap: JP¥22.3b

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

CMC

Market Cap: JP¥23.1b

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

E J Holdings

Market Cap: JP¥32.0b

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

Careerlink

Market Cap: JP¥31.9b

Provides human resource services in Japan.

Soracom

Market Cap: JP¥55.8b

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

Techno Ryowa

Market Cap: JP¥161.4b

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

Saison Technology

Market Cap: JP¥38.7b

Engages in the system development and operation, and software package businesses in Japan.

Soliton Systems K.K

Market Cap: JP¥40.2b

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

Dear LifeLtd

Market Cap: JP¥58.9b

Engages in the real estate business in Japan.

Tokyo Tekko

Market Cap: JP¥55.9b

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

Maezawa Kasei Industries

Market Cap: JP¥36.2b

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

Kaneko Seeds

Market Cap: JP¥17.0b

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

Ohashi Technica

Market Cap: JP¥31.6b

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

Innotech

Market Cap: JP¥28.4b

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¥32.4b

Manufactures and sells various food products in Japan and internationally.

Cresco

Market Cap: JP¥72.1b

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

Toukei Computer

Market Cap: JP¥80.1b

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

Ryoyu Systems

Market Cap: JP¥51.1b

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

AlpenLtd

Market Cap: JP¥81.3b

Engages in the development and sale of sporting products in Japan.

Kappa Create

Market Cap: JP¥77.5b

Engages in the management of restaurants in Japan.

Tsubakimoto Kogyo

Market Cap: JP¥54.7b

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

Komori

Market Cap: JP¥86.8b

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

Kyoritsu Electric

Market Cap: JP¥22.2b

Provides various systems, testing and measuring instruments, etc.

Nippon Sharyo

Market Cap: JP¥56.7b

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

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥22.8b

Manages and operates ski resorts in Japan.

FALCO HOLDINGS

Market Cap: JP¥27.6b

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

Envipro Holdings

Market Cap: JP¥27.9b

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

AOKI Holdings

Market Cap: JP¥159.1b

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

Shimizu Bank

Market Cap: JP¥28.9b

Provides various banking services in Japan.

Akatsuki

Market Cap: JP¥19.3b

Engages in the real estate and securities businesses in Japan.

GakkyushaLtd

Market Cap: JP¥26.8b

Operates and manages cram schools in Japan.

Yashima Denki

Market Cap: JP¥67.0b

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

CAC Holdings

Market Cap: JP¥35.6b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

Cota

Market Cap: JP¥32.4b

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

Chudenko

Market Cap: JP¥253.2b

Operates as an equipment engineering company in Japan.