Japanese Undiscovered Gems With Strong Fundamentals

Kodama Chemical IndustryLtd

Market Cap: JP¥18.1b

Manufactures and sells plastic products in Japan, Thailand, and internationally.

Araya Industrial

Market Cap: JP¥19.6b

Manufactures and sells steel products in Japan and internationally.

Nikko

Market Cap: JP¥31.0b

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

Komori

Market Cap: JP¥85.1b

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

GakkyushaLtd

Market Cap: JP¥25.1b

Operates and manages cram schools in Japan.

Pacific Metals

Market Cap: JP¥43.2b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Dear LifeLtd

Market Cap: JP¥53.7b

Engages in the real estate business in Japan.

Konishi

Market Cap: JP¥85.4b

Manufactures and sells synthetic adhesives in Japan.

Ascentech K.K

Market Cap: JP¥19.1b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

MicroAd

Market Cap: JP¥22.4b

Operates an advertising platform that connects advertisers and the media in Japan.

Tokyo Tekko

Market Cap: JP¥41.5b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

OpenWork

Market Cap: JP¥19.9b

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

Otec

Market Cap: JP¥37.2b

Trades pipework equipment in Japan.

Central Forest Group

Market Cap: JP¥22.3b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Ebara JitsugyoLtd

Market Cap: JP¥55.9b

Manufactures and sells environmentally related products.

AJIS

Market Cap: JP¥37.3b

Provides retail support services in Japan and internationally.

Taiyo KagakuLtd

Market Cap: JP¥45.5b

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

Yashima Denki

Market Cap: JP¥61.3b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Ogaki Kyoritsu Bank

Market Cap: JP¥270.8b

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

Techno Ryowa

Market Cap: JP¥135.1b

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

GDEP ADVANCEInc

Market Cap: JP¥16.1b

Engages in the system incubation business in Japan.

Cyber Security Cloud

Market Cap: JP¥16.9b

Provides web application security services in Japan.

Chuo WarehouseLtd

Market Cap: JP¥39.7b

Provides various logistics services in Japan and internationally.

Ryoyu Systems

Market Cap: JP¥41.5b

Provides design, development, operation and maintenance of information and communication systems for various industries in Japan.

Nippon Sharyo

Market Cap: JP¥51.8b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

AOKI Holdings

Market Cap: JP¥132.2b

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

Cota

Market Cap: JP¥30.5b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Toukei Computer

Market Cap: JP¥80.5b

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

ISE Chemicals

Market Cap: JP¥267.5b

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

Tsubakimoto Kogyo

Market Cap: JP¥50.0b

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

Mr Max Holdings

Market Cap: JP¥23.9b

Operates discount stores in Japan.

Akatsuki

Market Cap: JP¥20.2b

Engages in the real estate and securities businesses in Japan.

Soliton Systems K.K

Market Cap: JP¥32.8b

Engages in the development and sale of IT security-related products in Japan, the United States, and internationally.

Innotech

Market Cap: JP¥32.5b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

Toho Bank

Market Cap: JP¥164.9b

Provides various banking products and services in Japan.

YagiLtd

Market Cap: JP¥31.3b

Together its subsidiaries, operates as a fiber trading company in Japan.