Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

DoshishaLtd

Market Cap: JP¥73.5b

Plans, develops, produces, and sells lifestyle-related products in Japan and internationally.

Maezawa Kasei Industries

Market Cap: JP¥27.8b

Produces and sells water and sewerage related products, and environmental equipment.

Yukiguni Maitake

Market Cap: JP¥47.1b

Manufactures and sells mushrooms and other processed food in Japan.

Marusan Securities

Market Cap: JP¥64.8b

Engages in the financial products trading business in Japan.

Otec

Market Cap: JP¥22.1b

Trades pipework equipment in Japan.

Intelligent Wave

Market Cap: JP¥27.9b

Provides system development services and system products in Japan and internationally.

Ohashi Technica

Market Cap: JP¥26.2b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

Prima Andalan Mandiri

Market Cap: Rp18.0t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Hoang Huy Investment Financial Services

Market Cap: ₫11.6t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

OUG Holdings

Market Cap: JP¥17.7b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

NPR-Riken

Market Cap: JP¥72.1b

Manufactures and sells automobile engine parts, marine engine parts, and other products in Japan and internationally.

Padma Oil

Market Cap: ৳17.9b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Procimmo Group

Market Cap: CHF 288.3m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Ryoyu Systems

Market Cap: JP¥44.9b

Provides information technology (IT) solutions for various industries in Japan.

Petrolimex Insurance

Market Cap: ₫2.6t

Provides various insurance products in Vietnam.

Taiyo KagakuLtd

Market Cap: JP¥29.4b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

TBS Energi Utama

Market Cap: Rp2.6t

Through its subsidiaries, invests in the coal mining and trading, palm oil plantation, independent power producer, waste management, renewable energy, and wholesale and retail of vehicles in Indonesia and internationally.

CMC

Market Cap: JP¥20.7b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Imuraya Group

Market Cap: JP¥32.4b

Manufactures and sells various food products in Japan and internationally.

Saison Technology

Market Cap: JP¥29.4b

Engages in the system development and operation, and software package businesses in Japan.

Nitto Fuji Flour MillingLtd

Market Cap: JP¥63.3b

Manufactures and sells flour products in Japan.

ITOCHU-SHOKUHIN

Market Cap: JP¥100.5b

Engages in the wholesale of food products and alcoholic beverages in Japan.

Toho

Market Cap: JP¥38.0b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

Hyakugo Bank

Market Cap: JP¥185.9b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Cresco

Market Cap: JP¥48.5b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

NJS

Market Cap: JP¥43.6b

Primarily engages in water and environmental consulting, digital transformation, and customer services business in Japan and internationally.

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining in Indonesia.

Ogaki Kyoritsu Bank

Market Cap: JP¥99.0b

A regional financial institution, provides various banking products and services in Japan and internationally.

Bank of Iwate

Market Cap: JP¥54.8b

Engages in the provision of various financial products and services in Japan.

Tokyo Tekko

Market Cap: JP¥54.9b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

Invest Bank

Market Cap: د.أ191.3m

Provides various banking and related financial services in Jordan.

Cardig Aero Services

Market Cap: Rp4.0t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

Nihon Parkerizing

Market Cap: JP¥149.7b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

Chuo WarehouseLtd

Market Cap: JP¥28.4b

Provides various logistics services in Japan and internationally.