Japanese Undiscovered Gems With Strong Fundamentals

Forval

Market Cap: JP¥37.7b

Engages in the provision of information telecommunications consulting services to small-and medium-sized companies in Japan.

Arisawa Mfg

Market Cap: JP¥53.4b

Manufactures and sells electronic, display, electrical insulating, display, and industrial structural materials in Japan, China, and internationally.

Yurtec

Market Cap: JP¥182.6b

Operates as a facility engineering company in Japan and internationally.

Nichireki Group

Market Cap: JP¥80.7b

Engages in the manufacture and sale of applied and processed asphalt products in Japan.

ONE CAREER

Market Cap: JP¥50.3b

Provides recruitment DX support services through career data platform.

Japan Electronic Materials

Market Cap: JP¥35.7b

Engages in the manufacture and sale of probe cards and electron tube parts in Japan and internationally.

m-up holdings

Market Cap: JP¥87.0b

Engages in the development and distribution of mobile and PC content, and e-commerce businesses in Japan.

KOZO KEIKAKU ENGINEERING HOLDINGS

Market Cap: JP¥35.0b

A professional design and engineering company, provides solutions in the fields of safety and security, information transmission, manufacturing, and scientific decision-making support in Japan.

Token

Market Cap: JP¥194.5b

Operates as a construction company in Japan.

Kanamic NetworkLTD

Market Cap: JP¥23.7b

Operates as an application and communication service provider in the elderly care and medical care fields in Japan.

C.I. MedicalLtd

Market Cap: JP¥74.8b

Engages in the designing, manufacturing, and selling of dental care products in Japan.

Ohara

Market Cap: JP¥30.7b

Manufactures and sells glass materials for optical and electronics applications in Japan and internationally.

Fudo Tetra

Market Cap: JP¥39.1b

Engages in the civil engineering, ground improvement, and blocks and environment businesses in Japan.

Kitoku Shinryo

Market Cap: JP¥46.1b

Engages in the procurement, processing, sale, and import/export of rice and rice products, animal feed, hen’s eggs in Japan and internationally.

Hibiya Engineering

Market Cap: JP¥99.8b

Provides various engineering products and services primarily in Japan.

Nippon Kayaku

Market Cap: JP¥221.4b

Engages in mobility and imaging, fine chemicals, and life sciences businesses in Japan.

Mamezo Digital Holdings

Market Cap: JP¥27.5b

Provides IT solutions in Japan.

Soken Chemical & Engineering

Market Cap: JP¥27.4b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

Business Engineering

Market Cap: JP¥74.4b

Plans, develops, sells, and leases information and communications systems worldwide.

Tokyo Rope Mfg

Market Cap: JP¥23.3b

Manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally.

BML

Market Cap: JP¥132.4b

Provides laboratory testing and related services in Japan.

Pilot

Market Cap: JP¥173.2b

Manufactures, purchases, and sells writing instruments, and other stationery products and toys in Japan, the United States, Europe, and Asia.

HeiwadoLtd

Market Cap: JP¥144.4b

Engages in the retailing of food, clothing, and housing-related products.

SuzukiLtd

Market Cap: JP¥30.6b

Manufactures and sells connectors for car electronics parts in Japan.

MATSUDA SANGYO

Market Cap: JP¥100.0b

Engages in the recovery and smelting of precious metals in Japan.

KIMURA KOHKILtd

Market Cap: JP¥41.9b

Designs, manufactures, and sells air-conditioning and heat exchanger equipment in Japan.

Autobacs Seven

Market Cap: JP¥122.3b

Operates a chain of retail stores for automotive goods and services in Japan and internationally.

Sanki Engineering

Market Cap: JP¥260.8b

Provides various social infrastructure services in Japan and internationally.

Japan Pure ChemicalLtd

Market Cap: JP¥17.8b

Develops, manufactures, and sells metal plating chemicals for electronic devices in Japan.

Bushiroad

Market Cap: JP¥50.2b

Plans, develops, produces, and sells various trading card games in Japan.

KYORIN Pharmaceutical

Market Cap: JP¥87.1b

Through its subsidiaries, researches and develops, manufactures, and sells ethical and generic drugs in Japan and internationally.

Hosokawa Micron

Market Cap: JP¥84.1b

Provides powder and plastic processing equipment in Japan, the Americas, Europe, Asia, and internationally.

Japan Investment Adviser

Market Cap: JP¥117.1b

Provides various financial solutions in Japan.

System Support Holdings

Market Cap: JP¥29.9b

Provides various information technology (IT) services in Japan and internationally.

SEMITEC

Market Cap: JP¥25.5b

Engages in the manufacture and sale of electronic components in Japan and internationally.

BrainPad

Market Cap: JP¥26.7b

Provides prediction/analytics, system integration, and digital marketing services in Japan.