Japanese Undiscovered Gems With Strong Fundamentals

WIN-Partners

Market Cap: JP¥36.3b

Through its subsidiaries, distributes medical devices to medical institutions primarily in Japan.

San-in Godo BankLtd

Market Cap: JP¥187.1b

Engages in the provision of various banking products and services for individuals and corporate customers in Japan.

Abhotel

Market Cap: JP¥20.5b

Engages in the hotel business in Japan.

Daitron

Market Cap: JP¥40.1b

An electronic engineering trading company, engages in electronic equipment and components, and manufacturing equipment businesses in Japan and internationally.

Osaka Steel

Market Cap: JP¥105.3b

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

Yamazen

Market Cap: JP¥112.6b

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

S&B Foods

Market Cap: JP¥75.4b

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

Cookpad

Market Cap: JP¥15.3b

Engages in the cooking video business in Japan.

Juroku Financial GroupInc

Market Cap: JP¥171.0b

Provides banking and leasing products and services in Japan.

Hashimoto Sogyo HoldingsLtd

Market Cap: JP¥25.8b

Engages in the processing, manufacture, and sale of plumbing and housing equipment in Japan.

Semba

Market Cap: JP¥16.3b

Plans, designs, constructs, and supervises commercial spaces in Japan, Taiwan, and internationally.

YAKUODO HOLDINGS

Market Cap: JP¥42.1b

Through its subsidiaries, engages in drugstore business in Japan.

Toa Road

Market Cap: JP¥68.8b

Engages in civil engineering business in Japan.

WakitaLTD

Market Cap: JP¥81.4b

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

Nissan Shatai

Market Cap: JP¥144.9b

Designs, develops, manufactures, and sells vehicles in Japan and internationally.

Soda Nikka

Market Cap: JP¥24.1b

Engages in the trading of chemicals in Japan and internationally.

Gokurakuyu Holdings

Market Cap: JP¥15.2b

Operates, manages, and franchises spas facilities under the Gokurakuyu and RAKU SPA names in Japan and internationally.

AXYZ

Market Cap: JP¥17.4b

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

Nippon SeisenLtd

Market Cap: JP¥34.5b

Manufactures and sells stainless steel wires in Japan and internationally.

Mitsubishi Paper Mills

Market Cap: JP¥27.1b

Develops and sell products in the fields of functional nonwoven fabrics, electronics, medical, and healthcare in Japan, Europe, Asia, North America, and internationally.

Yellow Hat

Market Cap: JP¥134.4b

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

Fuji

Market Cap: JP¥51.1b

Develops, sells, imports, and exports tires, wheels, and accessories for automobiles in Japan.

Kurabo Industries

Market Cap: JP¥126.5b

Engages in textile, chemical, technology, food and service, and real estate businesses in Japan and internationally.

NAGAWA

Market Cap: JP¥98.1b

Plans, designs, manufactures, and sells system and modular buildings and unit houses under the Super House name in Japan.

gumi

Market Cap: JP¥31.7b

Provides mobile online games in Japan and internationally.

Japan Wool Textile

Market Cap: JP¥99.4b

Operates in the textile industry in Japan.

Aichi Tokei Denki

Market Cap: JP¥33.7b

Engages in the provision of water and gas meters, and related equipment in Japan and internationally.

Yamanashi Chuo BankLtd

Market Cap: JP¥76.8b

Provides various banking services to individual and corporate customers in Japan.

Shibusawa Logistics

Market Cap: JP¥56.9b

Provides logistics and warehousing services in Japan and internationally.

Forval

Market Cap: JP¥34.3b

Provides information telecommunications consulting services to small-and medium-sized companies in Japan.

Tenryu Saw Mfg

Market Cap: JP¥17.3b

Manufactures and sells saw blades in Japan and internationally.

Kodensha

Market Cap: JP¥21.8b

Engages in the construction business in Japan.

INES

Market Cap: JP¥34.9b

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

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.

J-Oil Mills

Market Cap: JP¥64.2b

Produces and sells edible oils in Japan.

TOA

Market Cap: JP¥29.7b

Manufactures and sells broadcasting, communications, and transmission equipment in Japan.