Japanese Undiscovered Gems With Strong Fundamentals

i-mobileLtd

Market Cap: JP¥27.3b

Engages in the Internet advertising business in Japan.

Japan Transcity

Market Cap: JP¥71.4b

Engages in logistics business in Japan and internationally.

Shinwa

Market Cap: JP¥40.5b

Manufactures, sells, and maintains production equipment and materials in Japan and internationally.

Nankai Tatsumura Construction

Market Cap: JP¥16.2b

Engages in the construction and real estate businesses in Japan.

Fujiya

Market Cap: JP¥68.0b

Engages in the production and wholesale of confectionery, food, and ice cream products in Japan and China.

Taki Chemical

Market Cap: JP¥31.2b

Engages in the chemicals, water treatment, and functional materials businesses in Japan.

SALA

Market Cap: JP¥70.7b

Through its subsidiaries, engages in the energy supply and solution business in Japan.

MUGEN ESTATELtd

Market Cap: JP¥43.1b

MUGEN ESTATE Co.,Ltd. purchases and resells pre-owned properties in Japan.

Hokkaido Coca-Cola BottlingLtd

Market Cap: JP¥56.4b

Manufactures and sells of beverages in Japan.

Kyokuyo

Market Cap: JP¥56.3b

Engages in the marine products, fresh produce, food, and logistics service businesses in Japan and internationally.

Meito

Market Cap: JP¥39.9b

Engages in the manufacture and sale of confectionery, beverages, seasonings, food additives, and other food products in Japan and internationally.

Sumida

Market Cap: JP¥38.1b

Designs, manufactures, and sells electronic components and modules for consumer electronics, automotive, and industrial application in Japan, rest of Asia, Europe, and North America.

FIDEA Holdings

Market Cap: JP¥32.4b

Through its subsidiaries, provides various banking products and services to corporate and individual customers in Japan.

Okumura

Market Cap: JP¥218.5b

Engages in construction and related businesses in Japan.

Gun Ei Chemical Industry

Market Cap: JP¥26.2b

Manufactures and sells synthetic resins and fibers in Japan and internationally.

NCS&A

Market Cap: JP¥24.7b

Provides various IT services in Japan.

Takihyo

Market Cap: JP¥18.4b

Engages in the apparel, retail, textile, lifestyle, real estate, and material businesses in Japan and internationally.

Densan

Market Cap: JP¥16.3b

Operates as an information service company in Japan.

Ceres

Market Cap: JP¥23.4b

Offers mobile and financial services in Japan and internationally.

Cawachi

Market Cap: JP¥65.6b

Manages drugstores in Japan.

Alleanza Holdings

Market Cap: JP¥35.5b

Engages in the home improvement, pet shops, and other related businesses.

Sk KakenLtd

Market Cap: JP¥139.1b

Manufactures and sells organic and inorganic water-based coating materials, synthetic resin paints, inorganic coating materials, and inorganic building materials in Japan and internationally.

Arr Planner

Market Cap: JP¥16.2b

Engages in the custom-built homes, detached homes, and land businesses in Japan.

Itochu EnexLtd

Market Cap: JP¥211.0b

Engages in the sale of petroleum products and liquefied petroleum gas (LPG), electricity, heat supply, vehicle sales in Japan and internationally.

T.RAD

Market Cap: JP¥48.7b

Engages in the research and development, manufacture, and sale of heat exchangers for automobiles, construction and industrial machines, air conditioners, generators, and others in Japan, the United States, China, rest of Asia, and internationally.

Zuken

Market Cap: JP¥103.1b

A software company, provides advanced design solutions for the creation and management of printed circuit board (PCB) designs, electrical and fluid systems, and 3D cabinet and wire harness layouts in Japan.

Fixstars

Market Cap: JP¥49.9b

Operates as a software company in Japan and internationally.

Hokkaido Gas

Market Cap: JP¥65.4b

Engages in gas, and heat and power supply businesses in Japan.

AlphaPurchase

Market Cap: JP¥21.3b

Provides maintenance, repair, and operations services in Japan.

Yoshimura Food Holdings K.K

Market Cap: JP¥16.5b

Manufactures and sells food products in Japan.

NIPPON KANZAI HoldingsLtd

Market Cap: JP¥100.4b

Provides building management and operations services in Japan.

Tanabe Consulting GroupLtd

Market Cap: JP¥23.2b

Engages in the management and marketing consulting activities.

Zenitaka

Market Cap: JP¥53.9b

Provides general contracting services in Japan and internationally.

Rasa Industries

Market Cap: JP¥45.9b

Rasa Industries, Ltd. is involved in the chemicals, machinery, and electronic materials businesses in Japan and internationally.

Enshu TruckLtd

Market Cap: JP¥26.2b

Provides logistics services in Japan.

Eco'sLtd

Market Cap: JP¥34.7b

Operates a chain of food supermarkets in Japan.