Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Bhakti Multi Artha

Market Cap: Rp2.5t

Through its subsidiaries, provides management consulting services in Indonesia.

Kanda HoldingsLtd

Market Cap: JP¥17.7b

Through its subsidiaries, provides integrated logistics services in Japan and internationally.

Kondotec

Market Cap: JP¥36.0b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

GENOVA

Market Cap: JP¥18.0b

Engages in the medical platform and smart clinic businesses in Japan.

Togami Electric Mfg

Market Cap: JP¥16.8b

Engages in manufacturing and sale of power distribution and control equipment in Japan.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

AlpenLtd

Market Cap: JP¥89.5b

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

GakkyushaLtd

Market Cap: JP¥24.7b

Manages cram schools that offers entrance exams guidance to junior high schools, high schools, and universities in Japan and internationally.

Ad-Sol Nissin

Market Cap: JP¥19.0b

Develops information and embedded systems for companies in Japan.

NS United Kaiun Kaisha

Market Cap: JP¥97.7b

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

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

HIMACS

Market Cap: JP¥15.3b

Provides defined valued processes for various system lifecycles in Japan.

Marumae

Market Cap: JP¥17.2b

Designs, manufactures, and processes precision machine components and equipment.

Tsubakimoto Kogyo

Market Cap: JP¥40.0b

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

Jamuna Bank

Market Cap: ৳17.1b

Provides various banking products and services in Bangladesh.

Komori

Market Cap: JP¥68.1b

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

Mandiri Herindo Adiperkasa

Market Cap: Rp2.4t

Provides mineral and coal transportation services in Indonesia.

TOMONY Holdings

Market Cap: JP¥101.4b

Through its subsidiaries, provides various banking and financial products and services.

AOKI Holdings

Market Cap: JP¥110.8b

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

Chuo WarehouseLtd

Market Cap: JP¥28.4b

Provides various logistics services in Japan and internationally.

Hokkan Holdings

Market Cap: JP¥21.5b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Padma Oil

Market Cap: ৳17.9b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Otec

Market Cap: JP¥22.1b

Trades pipework equipment in Japan.

Ryoyu Systems

Market Cap: JP¥44.9b

Provides information technology (IT) solutions for various industries in Japan.

NPR-Riken

Market Cap: JP¥72.1b

Manufactures and sells automobile engine parts, marine engine parts, and other products in Japan and internationally.

ITOCHU-SHOKUHIN

Market Cap: JP¥100.5b

Engages in the wholesale of food products and alcoholic beverages in Japan.

Petrolimex Insurance

Market Cap: ₫2.6t

Provides various insurance products in Vietnam.

HeadwatersLtd

Market Cap: JP¥15.7b

Engages in planning and developing artificial intelligence (AI) applications in Japan.

Prima Andalan Mandiri

Market Cap: Rp18.0t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Intelligent Wave

Market Cap: JP¥27.9b

Provides system development services and system products in Japan and internationally.

Nihon Parkerizing

Market Cap: JP¥149.7b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

TBS Energi Utama

Market Cap: Rp2.6t

Through its subsidiaries, invests in the coal mining and trading, palm oil plantation, independent power producer, waste management, renewable energy, and wholesale and retail of vehicles in Indonesia and internationally.

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining in Indonesia.

NJS

Market Cap: JP¥43.6b

Primarily engages in water and environmental consulting, digital transformation, and customer services business in Japan and internationally.

Cresco

Market Cap: JP¥48.5b

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