Japanese Strong Past Earnings Growth, P/E Ratio Below 20

JBCC Holdings

Market Cap: JP¥71.7b

Through its subsidiaries, engages in the provision of information technology related services in Japan.

OptorunLtd

Market Cap: JP¥71.7b

Engages in the manufacture, distribution, and import/export of vacuum coating machines, peripheral equipment, and units using vacuum coating products in Japan.

Toa Road

Market Cap: JP¥70.8b

Engages in civil engineering business in Japan.

M&A Research Institute Holdings

Market Cap: JP¥70.7b

Engages in the mergers and acquisitions (M&A) intermediary activities in Japan.

J-Oil Mills

Market Cap: JP¥69.6b

Produces and sells edible oils in Japan.

Insource

Market Cap: JP¥69.3b

Provides various lecturer dispatch type training, open lecture, and other services in Japan.

INTAGE HOLDINGS

Market Cap: JP¥65.4b

Operates as a marketing research company in Japan and internationally.

Kamei

Market Cap: JP¥64.9b

Operates as a general trading company in Japan and internationally.

MEISEI INDUSTRIALLtd

Market Cap: JP¥63.3b

Operates as a construction works company in Japan and internationally.

OPTEX GROUP Company

Market Cap: JP¥63.0b

Develops, manufactures, and sells security and automatic door products in Japan, the United States, Europe, and rest of Asia.

CURVES HOLDINGS

Market Cap: JP¥61.9b

Engages in the operation and management of fitness club for women under the Curves brand name in Japan.

TKP

Market Cap: JP¥61.4b

Provides meeting rooms rental services in Japan and internationally.

TDC SOFT

Market Cap: JP¥61.3b

Provides IT consulting services in Japan.

Nihon Dengi

Market Cap: JP¥60.4b

Engages in the automatic control system business in Japan.

United Arrows

Market Cap: JP¥60.3b

Engages in the planning, buying, and sale of men’s and women’s clothing and accessories, and miscellaneous items in Japan.

Daihatsu Diesel Mfg

Market Cap: JP¥60.0b

Manufactures and sells marine engines, land engines, and industrial instruments in Japan and internationally.

IwaiCosmo Holdings

Market Cap: JP¥59.7b

Provides financial services using information technology in Japan.

Miroku Jyoho Service

Market Cap: JP¥57.2b

Provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan.

Okinawa Financial Group

Market Cap: JP¥57.1b

Provides various financial services.

Seika

Market Cap: JP¥55.9b

Imports, sells, and exports plants, machinery, and environmental protection and electronic information system equipment in Asia, Europe, the United States, and internationally.

Espec

Market Cap: JP¥54.7b

Manufactures and sells environmental test chambers worldwide.

Intermestic

Market Cap: JP¥54.2b

Sells eyeglasses and sunglasses through stores and online in Japan.

Tanseisha

Market Cap: JP¥53.7b

Engages in the research, planning, design, layout, production, construction, and operation of commercial, public, hospitality, event, and business and cultural spaces in Japan and internationally.

Asahi Kogyosha

Market Cap: JP¥53.6b

Primarily engages in the air-conditioning and sanitation installation works in Japan.

Link and Motivation

Market Cap: JP¥53.5b

Provides consulting and cloud services in Japan.

Osaka Organic Chemical Industry

Market Cap: JP¥52.8b

Engages in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers in Japan.

Denyo

Market Cap: JP¥52.8b

Engages in the developing, manufacturing, and selling of engine-driven generators, welders, and air compressors in Japan, the United States, rest of Asia, and Europe.

Yasuda Logistics

Market Cap: JP¥52.1b

Engages in the logistics and real estate businesses in Japan.

Maruzen

Market Cap: JP¥50.3b

Engages in the manufacture and sale of commercial kitchen equipment.

Stella Chemifa

Market Cap: JP¥49.9b

Manufactures and sells inorganic fluorine compounds in Japan and internationally.

Cresco

Market Cap: JP¥49.1b

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

Ryoyu Systems

Market Cap: JP¥48.1b

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

Yamagata Bank

Market Cap: JP¥46.9b

Provides various banking products and services in Japan.

Japan System Techniques

Market Cap: JP¥46.3b

Engages in the software business in Japan and internationally.

France Bed HoldingsLtd

Market Cap: JP¥45.7b

Through its subsidiaries, engages in the medical services, and home furnishing and health businesses in Japan.

Kanro

Market Cap: JP¥45.5b

Manufactures and sells confectionery and food products in Japan.