Japanese Undiscovered Gems With Strong Fundamentals

Ogaki Kyoritsu Bank

Market Cap: JP¥83.8b

A regional financial institution, provides various banking products and services in Japan and internationally.

Intelligent Wave

Market Cap: JP¥26.0b

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

ITOCHU-SHOKUHIN

Market Cap: JP¥96.5b

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

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥18.6b

Manages and operates ski resorts in Japan.

Yashima Denki

Market Cap: JP¥32.6b

Provides plant business, industry/equipment, and transportation business in Japan and internationally.

GENOVA

Market Cap: JP¥16.0b

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

Kanda HoldingsLtd

Market Cap: JP¥16.2b

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

Tsubakimoto Kogyo

Market Cap: JP¥37.8b

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

NS United Kaiun Kaisha

Market Cap: JP¥85.9b

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

AlpenLtd

Market Cap: JP¥88.4b

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

Hokkan Holdings

Market Cap: JP¥19.8b

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

AOKI Holdings

Market Cap: JP¥102.9b

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

Nihon Parkerizing

Market Cap: JP¥127.3b

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

Uoriki

Market Cap: JP¥33.8b

Engages in the retailing, eating and drinking, and wholesale businesses in Japan and internationally.

Cresco

Market Cap: JP¥46.4b

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

NJS

Market Cap: JP¥38.1b

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

Mr Max Holdings

Market Cap: JP¥21.7b

Operates discount stores in Japan.

QuickLtd

Market Cap: JP¥34.1b

Engages in the recruiting, human resources service, information publishing, and Internet-related businesses in Japan and internationally.

Marusan Securities

Market Cap: JP¥56.5b

Engages in the financial products trading business in Japan.

Otec

Market Cap: JP¥20.4b

Trades pipework equipment in Japan.

Toho

Market Cap: JP¥34.4b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

Tokyo Tekko

Market Cap: JP¥48.3b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

CMC

Market Cap: JP¥20.0b

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

Imuraya Group

Market Cap: JP¥31.1b

Manufactures and sells various food products in Japan and internationally.

Ryoyu Systems

Market Cap: JP¥40.4b

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

Chuo WarehouseLtd

Market Cap: JP¥25.4b

Provides various logistics services in Japan and internationally.

Hyakugo Bank

Market Cap: JP¥150.3b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

DoshishaLtd

Market Cap: JP¥74.3b

Plans, develops, produces, and sells lifestyle-related products in Japan and internationally.

Kappa Create

Market Cap: JP¥72.0b

Engages in the management of restaurants.

Toukei Computer

Market Cap: JP¥71.6b

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

CAC Holdings

Market Cap: JP¥34.0b

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

Bank of Iwate

Market Cap: JP¥45.1b

Engages in the provision of various financial products and services in Japan.

Ohashi Technica

Market Cap: JP¥22.6b

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

Chudenko

Market Cap: JP¥177.6b

Operates as an equipment engineering company in Japan.

Toyo Kanetsu K.K

Market Cap: JP¥25.8b

Engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally.

Kyoritsu Electric

Market Cap: JP¥15.8b

Provides various systems, testing and measuring instruments, etc.