Global Media Undiscovered Gems With Strong Fundamentals

OpenWork

Market Cap: JP¥17.7b

Develops and manages a job and recruitment information platform in Japan.

Soft-World International

Market Cap: NT$15.2b

Develops, operates, and distributes games in Taiwan and China.

Showbox

Market Cap: ₩198.2b

Engages in the investment, production, and distribution of films in South Korea, North America, Asia, Europe, and internationally.

Fanli Digital TechnologyLtd

Market Cap: CN¥1.9b

Operates Fanli.com, an e-commerce shopping guide platform in China.

MCH Group

Market Cap: CHF 102.0m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

B'in Live

Market Cap: NT$3.5b

Operates as a show production company in Taiwan and internationally.

Avex

Market Cap: JP¥54.8b

An entertainment company, engages in the music, animation and video, digital, and overseas businesses in Japan.

Sichuan Xunyou Network Technology

Market Cap: CN¥3.5b

Sichuan Xunyou Network Technology Co., Ltd.

Pico Far East Holdings

Market Cap: HK$2.2b

An investment holding company, engages in the exhibition, event, and brand activation; visual branding activation; museum and themed environment; meeting architecture activation; and related businesses.

Vaziva Société anonyme

Market Cap: €112.6m

Vaziva Société anonyme issues vacation, gift, and lunch vouchers on a managed Mastercard payment card for works councils and human resources departments in companies and public bodies.

Caxton and CTP Publishers and Printers

Market Cap: R4.2b

Caxton and CTP Publishers and Printers Limited publishes and prints newspapers and magazines in South Africa.

Cian

Market Cap: US$237.9m

Operates an online real estate classifieds platform in Russia.

Gamania Digital Entertainment

Market Cap: NT$12.5b

Operates as an integrated internet company in Taiwan, rest of Asia, and internationally.

Port

Market Cap: JP¥23.7b

Operates various domain-specific vertical media and develops content marketing for user needs in Japan.

Bank of InnovationInc

Market Cap: JP¥35.9b

Develops and operates smartphone games in Japan.

Kamakura Shinsho

Market Cap: JP¥16.8b

Operates a portal site that provides information services related to end of life in Japan.

Cookpad

Market Cap: JP¥14.9b

Engages in the cooking video business in Japan.

Dafeng TV

Market Cap: NT$7.8b

Engages in cable television system and broadband business in Taiwan.

SinoMedia Holding

Market Cap: HK$974.1m

An investment holding company, provides TV advertisement, creative content production, and digital marketing services for advertisers and advertising agents in Hong Kong, Singapore, and the People's Republic of China.

MNC Digital Entertainment

Market Cap: Rp32.2t

Engages in the content, digital, talent management, and other businesses in Indonesia.

Hathway Cable and Datacom

Market Cap: ₹24.6b

Provides cable television network and Internet services.

Polaris Media

Market Cap: NOK 4.1b

Operates as a media house and printing company in Norway and Sweden.

HIM International Music

Market Cap: NT$5.3b

Engages in the recording and distribution of music.

X-Legend Entertainment

Market Cap: NT$6.3b

Develops, publishes, and markets gaming software.

Chubu-Nippon Broadcasting

Market Cap: JP¥16.6b

Through its subsidiaries, engages in the television and radio broadcasting businesses in Japan and internationally.

Taiwan Television EnterpriseLtd

Market Cap: NT$3.3b

Operates as a television company in Taiwan.

Neptune

Market Cap: ₩373.3b

Develops and supplies mobile game software worldwide.

GMM Grammy

Market Cap: ฿4.1b

Engages in the music, satellite television (TV), digital TV, movies, home shopping, and co-investment in other businesses in Thailand.

Panorama Studios International

Market Cap: ₹12.9b

Engages in the entertainment, film production and distribution, and media business in India.

Signpost India

Market Cap: ₹12.3b

Provides digital out-of-home (DOOH) advertising services in India.

Grupo Média Capital SGPS

Market Cap: €136.9m

Grupo Media Capital, SGPS, S.A. engages in the production and broadcasting of television and radio programs, and production and operation of cinematographic and video graphic activities in Portugal and internationally.

Readly International

Market Cap: SEK 1.0b

Provides digital subscription services for magazines and daily newspapers through an application in Sweden, Germany, the United Kingdom, France and internationally.

Hicon Network Technology (Shandong)Ltd

Market Cap: CN¥9.4b

Hicon Network Technology (Shandong) Co.,Ltd.

Zhejiang Juli Culture DevelopmentLtd

Market Cap: CN¥2.1b

Zhejiang Juli Culture Development Co.,Ltd.

Ceres

Market Cap: JP¥24.3b

Offers mobile and financial services in Japan and internationally.

RAKUMACHIInc

Market Cap: JP¥19.7b

Operates a real estate investment portal site under the Rakumachi name in Japan.