Japanese Undiscovered Gems With Strong Fundamentals

Sato Foods

Market Cap: JP¥37.6b

Produces and sells packaged mochi rice cakes and packaged cooked rice in Japan.

Isewan Terminal Service

Market Cap: JP¥22.6b

Provides various logistics services in Japan and internationally.

YAKUODO HOLDINGS

Market Cap: JP¥40.7b

Through its subsidiaries, engages in drugstore business in Japan.

Matsuoka

Market Cap: JP¥24.6b

Engages in planning, manufacturing, and selling apparel products in Japan and internationally.

Mitsubishi Paper Mills

Market Cap: JP¥27.9b

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

Nanto Bank

Market Cap: JP¥182.8b

Provides banking, securities, leasing, and credit guarantee services in Japan.

NICHIDEN

Market Cap: JP¥73.2b

Operates as a trading company in Japan.

Kurabo Industries

Market Cap: JP¥135.2b

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

Yellow Hat

Market Cap: JP¥141.2b

Yellow Hat Ltd. is involved in the retail of car and motorcycle accessories.

HIROSHIMA GASLtd

Market Cap: JP¥25.1b

Engages in the gas business in Japan.

Japan Communications

Market Cap: JP¥23.2b

A mobile virtual network operator (MVNO), provides mobile services in Japan, the United States, and internationally.

Hokuriku Electric IndustryLtd

Market Cap: JP¥21.9b

Engages in the development, manufacturing, and sale of electronic components in Japan and internationally.

Nissan Shatai

Market Cap: JP¥135.5b

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

AXYZ

Market Cap: JP¥22.9b

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

Nichirin

Market Cap: JP¥49.0b

Manufactures and sells automotive and housing hoses, and related parts in Japan and internationally.

NAGAWA

Market Cap: JP¥95.3b

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

Oriental Consultants Holdings

Market Cap: JP¥37.1b

Through its subsidiaries, provides infrastructure management services in Japan and internationally.

Sanyo Engineering & Construction

Market Cap: JP¥22.3b

Engages in the electric facility construction business in Japan and internationally.

OOTOYA Holdings

Market Cap: JP¥42.7b

Plans, manages, and operates a chain of restaurants in Japan and internationally.

Shizuki Electric

Market Cap: JP¥22.3b

Provides capacitors, and related equipment and facilities in Japan and internationally.

San-in Godo BankLtd

Market Cap: JP¥216.8b

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

Mitani Sekisan

Market Cap: JP¥141.7b

Produces and sells concrete products in Japan.

COPRO-HOLDINGS

Market Cap: JP¥35.5b

Engages in the temporary staffing and placement business in Japan and internationally.

SOFT99corporation

Market Cap: JP¥86.5b

Manufactures and sells chemical products for auto and home care in Japan, Asia, North America, and internationally.

GSI Creos

Market Cap: JP¥28.7b

Offers textiles and industrial products in Japan and internationally.

Chugai Ro

Market Cap: JP¥31.3b

Engages in the development of technologies in the thermal technology field in Japan and internationally.

Nac

Market Cap: JP¥21.8b

Engages in rental and sale of dust control products in Japan.

SpaceLtd

Market Cap: JP¥38.2b

Engages in the planning, design, supervision, and construction of commercial facilities in Japan.

Eagle IndustryLtd

Market Cap: JP¥126.0b

Manufactures, markets, and sells mechanical seals, special valves, and other sealed products in Japan and internationally.

Kyokuto Boeki Kaisha

Market Cap: JP¥21.2b

Primarily operates as an engineering trading company in Japan and internationally.

Chubu-Nippon Broadcasting

Market Cap: JP¥23.3b

Through its subsidiaries, engages in the television and radio broadcasting businesses in Japan and internationally.

NEW ART HOLDINGS

Market Cap: JP¥25.3b

Operates bridal jewelry business in Japan.

Ehime Bank

Market Cap: JP¥54.4b

Provides banking products and financial services in Japan.

Kusurinomadoguchi

Market Cap: JP¥28.1b

Provides solutions for pharmacies and medical care in Japan.

Kimura Unity

Market Cap: JP¥35.5b

Provides logistics, mobility, information, and human resources services in Japan.

User Local

Market Cap: JP¥30.5b

Engages in data cloud business in Japan.