Global Undiscovered Gems With Strong Fundamentals

Life

Market Cap: JP¥219.3b

Engages in the supermarket chain in Japan.

Kanadevia

Market Cap: JP¥171.6b

Kanadevia Corporation design, constructs, and manufactures energy-from-waste plants, desalination plants, and water and sewage treatment plants in Japan and internationally.

Fuji Seal International

Market Cap: JP¥161.3b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

TOCALOLtd

Market Cap: JP¥120.6b

Develops surface modifying technologies in Japan and internationally.

Infomart

Market Cap: JP¥100.1b

Operates an online business-to-business (BtoB) electronic commerce platform in Japan.

Ishihara Sangyo KaishaLtd

Market Cap: JP¥92.1b

Manufactures and sells organic and inorganic chemicals in Japan, Asia, the United States, Europe, and internationally.

Vision

Market Cap: JP¥57.8b

Primarily engages in the provision of mobile Wi-Fi router rental services in Japan and internationally.

KITZ

Market Cap: JP¥123.2b

Engages in the manufacturing and selling of valves, other flow control devices, and related products in Japan and internationally.

Systena

Market Cap: JP¥181.6b

Engages in the solution and framework design, IT service, business solution, and cloud businesses in Japan.

MIXI

Market Cap: JP¥220.6b

Engages in the sports, digital entertainment, lifestyle, and investment businesses in Japan.

V Technology

Market Cap: JP¥26.9b

Engages in the development, manufacture, sale, and service of equipment for flat panel displays (FPDs) and semiconductors in Japan.

Emeco Holdings

Market Cap: AU$463.0m

Provides surface and underground mining equipment rental, complementary equipment, and mining services in Australia.

Itoki

Market Cap: JP¥122.1b

Engages in manufacturing and sale of office furniture in Japan and internationally.

Globe-ing

Market Cap: JP¥83.9b

Provides DX and strategic consulting, and digital analytics/data services in Japan.

Feilong Auto Components

Market Cap: CN¥12.8b

Feilong Auto Components Co., Ltd., together with its subsidiaries, process, manufactures, and sells auto parts in China and internationally.

Shakey's Pizza Asia Ventures

Market Cap: ₱12.6b

Owns, operates, and franchises chained pizza, kiosks, and full-service restaurants in the Philippines and internationally.

Foshan Electrical and LightingLtd

Market Cap: CN¥8.7b

Engages in the research and development, production, and sale of general lighting and electrical products, automotive lighting, LED packaging products, and others in the People’s Republic of China and internationally.

Shanghai Foreign Service Holding Group

Market Cap: CN¥13.6b

Shanghai Foreign Service Holding Group Co., Ltd.

Ora Banda Mining

Market Cap: AU$1.3b

Engages in the exploration, operation, and development of mineral properties in Australia.

Beijing Sanlian Hope Shin-Gosen Technical Service

Market Cap: CN¥6.2b

Beijing Sanlian Hope Shin-Gosen Technical Service Co., Ltd.

Shandong Bailong Chuangyuan Bio-Tech

Market Cap: CN¥8.7b

Shandong Bailong Chuangyuan Bio-Tech Co., Ltd.

Lancy

Market Cap: CN¥7.9b

Engages in the design, production, and sale of branded clothing, apparel, and home textile products in China and internationally.

Hangzhou DPtech TechnologiesLtd

Market Cap: CN¥11.5b

Together with its subsidiary, Hangzhou Deepin Information Technology Co., Ltd., engages in the research and development, production, and sale of network security and application delivery products in China, Hong Kong, and internationally.

Binjiang Service Group

Market Cap: HK$6.5b

Provides property management and related services in the People’s Republic of China.

TLB

Market Cap: ₩258.6b

Manufactures and sells printed circuit boards (PCBs) in South Korea, China, rest of Asia, and the United States.

Gold cup Electric ApparatusLtd

Market Cap: CN¥8.2b

Researches, develops, manufactures, and sells wires and cables in China and internationally.

Zhejiang Huangma TechnologyLtd

Market Cap: CN¥8.8b

Researches, develops, produces, and sells surfactants in China and internationally.

Lonking Holdings

Market Cap: HK$12.5b

An investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China and internationally.

Medi Assist Healthcare Services

Market Cap: ₹39.2b

Provides third party administration services in India and internationally.

Pan-United

Market Cap: S$767.8m

An investment holding company, engages in the concrete and logistics businesses in Singapore and internationally.

APAC Realty

Market Cap: S$250.4m

An investment holding company, provides real estate services in Singapore, Indonesia, Vietnam, and internationally.

GHCL

Market Cap: ₹57.9b

Manufactures and trading of inorganic chemicals in India and internationally.

S.J.S. Enterprises

Market Cap: ₹37.3b

Designs, develops, manufactures, sells, and exports decorative aesthetics primarily to automotive and consumer appliance industries in India and internationally.

ASK Automotive

Market Cap: ₹92.9b

Through its subsidiary, manufactures and sells auto components for the automobiles industry in India.

Akums Drugs and Pharmaceuticals

Market Cap: ₹73.6b

Manufactures and sells pharmaceutical products and active pharmaceutical ingredients India and internationally.

Zhejiang Shaoxing RuiFeng Rural Commercial BankLtd

Market Cap: CN¥11.0b

Provides commercial banking products and services in China.