Japanese Undiscovered Gems With Strong Fundamentals

Kondotec

Market Cap: JP¥39.7b

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

DoshishaLtd

Market Cap: JP¥85.9b

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

GakkyushaLtd

Market Cap: JP¥24.2b

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

Ryoyu Systems

Market Cap: JP¥46.7b

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

AOKI Holdings

Market Cap: JP¥136.5b

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

OUG Holdings

Market Cap: JP¥18.0b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

QuickLtd

Market Cap: JP¥42.1b

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

Nikko

Market Cap: JP¥27.7b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Subaru Enterprise

Market Cap: JP¥36.2b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

TOMONY Holdings

Market Cap: JP¥103.3b

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

Taiyo KagakuLtd

Market Cap: JP¥29.7b

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

FCE

Market Cap: JP¥15.7b

Through its subsidiaries, engages in the DX promotion, education and training, and publishing businesses in Japan.

KinjiroLtd

Market Cap: JP¥18.4b

Provides human resource management (HRM) solution services.

Tsubakimoto Kogyo

Market Cap: JP¥42.8b

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

Kanro

Market Cap: JP¥62.3b

Manufactures and sells confectionery and food products in Japan.

Saison Technology

Market Cap: JP¥29.4b

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

Otec

Market Cap: JP¥20.2b

Trades pipework equipment in Japan.

Tokyo Tekko

Market Cap: JP¥47.3b

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

Toho

Market Cap: JP¥32.1b

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

Maezawa Kasei Industries

Market Cap: JP¥27.5b

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

Konishi

Market Cap: JP¥74.9b

Manufactures and sells synthetic adhesives in Japan.

ISE Chemicals

Market Cap: JP¥142.8b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Hyakugo Bank

Market Cap: JP¥170.6b

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

Ohashi Technica

Market Cap: JP¥25.6b

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

Shimizu Bank

Market Cap: JP¥15.7b

Provides various banking services in Japan.

CHANGE HoldingsInc

Market Cap: JP¥82.7b

Provides IT human resources development training services in Japan.

KurimotoLtd

Market Cap: JP¥69.7b

Manufactures and sells ductile iron pipes and accessories, valves, industrial equipment and materials, and construction materials in Japan and internationally.

Uoriki

Market Cap: JP¥34.1b

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

Cresco

Market Cap: JP¥74.0b

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

YagiLtd

Market Cap: JP¥20.5b

Operates as a fiber trading company in Japan.

Kyoritsu Electric

Market Cap: JP¥19.1b

Provides various systems, testing and measuring instruments, etc.

Techno Ryowa

Market Cap: JP¥78.7b

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

ITOCHU-SHOKUHIN

Market Cap: JP¥125.6b

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

AJIS

Market Cap: JP¥24.4b

Provides inventory and other retail support services in Asia.

Yukiguni Factory

Market Cap: JP¥44.5b

Manufactures and sells mushrooms and other processed food in Japan.

Imuraya Group

Market Cap: JP¥31.4b

Manufactures and sells various food products in Japan and internationally.