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

NCS&A

Market Cap: JP¥14.9b

Provides various IT services in Japan.

Shin Maint HoldingsLtd

Market Cap: JP¥14.7b

Provides maintenance services in Japan.

Mamiya-OP

Market Cap: JP¥14.7b

Manufactures and sells electronic and sports equipment in Japan and internationally.

Semba

Market Cap: JP¥14.6b

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

Kimura Chemical Plants

Market Cap: JP¥14.4b

Operates as an engineering company.

Fujimak

Market Cap: JP¥14.1b

Engages in the manufacture, sale, maintenance, and repair of commercial kitchen equipment in Japan and internationally.

OLBA HEALTHCARE HOLDINGS

Market Cap: JP¥13.0b

Provides various solutions to medical institutions, research laboratories of universities and companies, nursing care facilities, and individuals in Japan.

WILLs

Market Cap: JP¥12.9b

Develops and offers a shareholder management platform utilizing blockchain technology in Japan and internationally.

Daimaru Enawin

Market Cap: JP¥12.8b

Sells LP gas and petroleum products in Japan.

Toyo Denki Seizo K.K

Market Cap: JP¥12.5b

Manufactures and sells transportation, industrial, and information equipment systems in Japan and internationally.

Onamba

Market Cap: JP¥12.0b

Manufactures and sells electronic components, general-purpose electric wires, and communication cables for consumer electronic devices, information office equipment, and industrial electronic devices in Japan.

First-corporation

Market Cap: JP¥12.0b

Operates as a general construction company in Japan.

Endo Manufacturing

Market Cap: JP¥12.0b

Manufactures and sells golf club heads, metal sleeve products, forged components, and medical devices in Japan and internationally.

NARUMIYA INTERNATIONAL

Market Cap: JP¥11.9b

Manufactures, processes, and sells clothing and related products.

Tottori Bank

Market Cap: JP¥11.9b

Provides various banking products and services in Japan.

Nakakita Seisakusho

Market Cap: JP¥11.4b

Designs, produces, and sells automatic control valves, butterfly valves, and remote control systems.

Kawasaki Setsubi Kogyo

Market Cap: JP¥11.4b

Engages in the construction business in Japan.

Tone

Market Cap: JP¥11.3b

Develops, manufactures, and sells professional hand tools, power tools, and torque measuring devices under the TONE brand name in Asia, North America, Europe, and internationally.

Wakou Shokuhin

Market Cap: JP¥11.2b

Manufactures and sells soups and natural extracts in Japan and internationally.

Ocean System

Market Cap: JP¥11.0b

Engages in the supermarket, lunch service, food delivery, and inns and other businesses in Japan.

Ohishi Sangyo

Market Cap: JP¥10.9b

Engages in the manufacture and sale of industrial packaging materials primarily in Japan.

Fuso Dentsu

Market Cap: JP¥10.5b

Engages in the information and communication technology (ICT) business in Japan.

Japan Oil Transportation

Market Cap: JP¥10.0b

Primarily engages in the transportation of fuel oils, liquefied natural gas (LNG) and other high-pressure gases, petrochemical products, and other related products in Japan and internationally.

DreamArts

Market Cap: JP¥9.6b

Engages in the planning, development, and sale of cloud products for large companies in Japan.

Densan

Market Cap: JP¥9.4b

Operates as an information service company in Japan.

Yutaka Trusty Securities

Market Cap: JP¥9.3b

Trades in commodity futures in Japan.

Yuken Kogyo

Market Cap: JP¥9.3b

Develops, manufactures, and sells hydraulic equipment and systems, and environmental machinery in Japan and internationally.

Wesco Holdings

Market Cap: JP¥9.0b

Engages in general construction consulting business in Japan.

Ensuiko Sugar Refining

Market Cap: JP¥8.9b

Manufactures and sells sugar products in Japan.

Kohjin Bio

Market Cap: JP¥8.9b

Manufactures and sells animal blood, sera, tissue culture media, agar media for microorganism tests, in-vitro diagnostic agents, and cosmetics.

Medical Ikkou GroupLtd

Market Cap: JP¥8.8b

Operates dispensing pharmacies in Japan.

KUWAZAWA Holdings

Market Cap: JP¥8.5b

Operates as a construction materials trading company in Japan.

WDB coco

Market Cap: JP¥8.5b

Provides contract services to pharmaceutical companies in Japan.

Valtes HoldingsLtd

Market Cap: JP¥8.4b

Provides QA process consulting, software testing and QA training, vulnerability diagnosis, and other quality assurance and software quality services in Japan.

Asahi Concrete Works

Market Cap: JP¥8.2b

Manufactures and sells concrete products in Japan.

Property Data Bank

Market Cap: JP¥8.1b

Provides cloud services in Japan.