Japanese Undiscovered Gems With Strong Fundamentals

Kyosan Electric Manufacturing

Market Cap: JP¥31.2b

Develops, manufactures, and sells electromechanical interlocking, road traffic signal equipment, and cuprous oxide rectifiers in Japan and internationally.

Kyodo Printing

Market Cap: JP¥37.3b

Engages in the printing business in Japan.

Sun

Market Cap: JP¥141.0b

Engages in the mobile data solutions, entertainment, information technology, and other businesses in Japan.

Sagami Holdings

Market Cap: JP¥52.6b

Operates a chain of Japanese cuisine/noodle restaurants in Japan, Vietnam, and Italy.

Global One Real Estate Investment

Market Cap: JP¥128.7b

Global One Real Estate Investment Corporation (“GOR”) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange (TSE: 8958) with the ultimate goal of pursuing maximum returns for unitholders.

First Bank Of Toyama

Market Cap: JP¥62.4b

Provides banking and financial services for individual, corporate, and business customers.

LA Holdings

Market Cap: JP¥41.7b

Engages in the development, sale, and rental of new and refurbished real estate properties in Japan.

CELSYS

Market Cap: JP¥46.1b

Engages in content creation solutions business in Japan.

S.T

Market Cap: JP¥31.4b

Manufactures and sells deodorizers and air fresheners, mothproofing agents, gloves, dehumidifiers, and other products in Japan and internationally.

Hennge K.K

Market Cap: JP¥48.5b

Provides cloud security services worldwide.

Miyaji Engineering GroupInc

Market Cap: JP¥49.2b

Through its subsidiaries, engages in the construction and civil engineering activities in Japan.

Teikoku Sen-i

Market Cap: JP¥68.7b

Manufactures and sells disaster prevention products and equipment in Japan.

Fukuda

Market Cap: JP¥41.1b

Operates in the construction business.

Takara Holdings

Market Cap: JP¥246.2b

Primarily manufactures and sells alcoholic beverages, seasonings, and raw alcohol worldwide.

Tomen Devices

Market Cap: JP¥38.7b

Operates as an electronics trading company in Japan.

Tomoe

Market Cap: JP¥51.4b

Operates in the general construction, steel structures construction, and real estate businesses in Japan.

Chugai Mining

Market Cap: JP¥14.7b

Chugai Mining Co., Ltd. collects, processes, refines, and retails precious metals in Japan and internationally.

eBASELtd

Market Cap: JP¥23.7b

eBase Co.,Ltd. engages in the planning, development, sale, and maintenance of content management software in Japan.

AnyMind Group

Market Cap: JP¥33.4b

Engages in the development and the provision of a platform that provides one-stop support for brand design and planning, production, e-commerce enablement, marketing, and logistics.

S&B Foods

Market Cap: JP¥73.6b

Engages in the manufacture and sale of spices and herbs, instant foods, spicy seasonings, and other products primarily in Japan.

Tenryu Saw Mfg

Market Cap: JP¥17.3b

Manufactures and sells saw blades in Japan and internationally.

Aichi Electric

Market Cap: JP¥45.9b

Engages in the manufacture and sale of electric power products in Japan and internationally.

Osaka Steel

Market Cap: JP¥103.6b

Engages in production and sale of steel products for the construction, civil engineering, shipbuilding, steel towers, and industrial machinery manufacturing applications in Japan.

Information Planning

Market Cap: JP¥15.3b

Provides system consulting services primarily for financial institutions.

Kodensha

Market Cap: JP¥19.8b

Engages in the construction business in Japan.

OAT Agrio

Market Cap: JP¥20.8b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan.

Nippon SeisenLtd

Market Cap: JP¥33.3b

Manufactures and sells stainless steel wires in Japan and internationally.

Soda Nikka

Market Cap: JP¥24.3b

Engages in the trading of chemicals in Japan and internationally.

DMW

Market Cap: JP¥19.3b

Engages in the manufacture and sale of fluid machinery in Japan and internationally.

Tohto Suisan

Market Cap: JP¥29.4b

Engages in the wholesale of marine products in Japan and internationally.

INES

Market Cap: JP¥35.4b

Provides information network system services to industrial corporations, financial institutions, and public entities in Japan.

Yamazen

Market Cap: JP¥115.1b

Provides production equipment, housing equipment/materials, and home products worldwide.

AXYZ

Market Cap: JP¥17.4b

Engages in manufacture and sale of processed foods in Japan and internationally.

Good Com Asset

Market Cap: JP¥30.6b

Plans, develops, and sells residential condominiums and lots to corporations and individual investors under the GENOVIA brand name in Japan and internationally.

WakitaLTD

Market Cap: JP¥82.5b

Operates construction equipment, trading, and real estate businesses in Japan.

Yellow Hat

Market Cap: JP¥135.8b

Operates a store network for the sale and installation of car goods and parts.