Japanese Potentially Undervalued Companies

Sanwa Holdings

Market Cap: JP¥864.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Future

Market Cap: JP¥175.8b

Provides IT consulting and services primarily in Japan.

Asahi Group Holdings

Market Cap: JP¥2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Kao

Market Cap: JP¥2.8t

Develops and sells hygiene living care, health beauty care, life care, cosmetics, and chemical products.

Skymark Airlines

Market Cap: JP¥22.3b

Provides scheduled air transportation services.

Tri Chemical Laboratories

Market Cap: JP¥88.1b

Develops, manufactures, and sells high-purity chemicals for semiconductor manufacturing in Japan, Taiwan, China, South Korea, and internationally.

Mie Kotsu Group Holdings

Market Cap: JP¥54.3b

Engages in the transportation, real estate, distribution, and leisure service businesses in Japan and internationally.

Rohto PharmaceuticalLtd

Market Cap: JP¥593.8b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

Tokai Carbon

Market Cap: JP¥206.9b

Manufactures and sells carbon-related products and services in Japan.

Densan System Holdings

Market Cap: JP¥38.6b

Provides information and collection agency services in Japan.

Nireco

Market Cap: JP¥15.2b

Provides process control, Web control, and inspection systems in Japan.

Toshiba Tec

Market Cap: JP¥145.2b

Offers retail and workplace solutions in Japan and internationally.

Shofu

Market Cap: JP¥65.0b

Manufactures and sells dental materials and equipment worldwide.

Topre

Market Cap: JP¥117.0b

Engages in the press-related products and temperature-controlled logistics-related businesses in Japan.

Bell-ParkLtd

Market Cap: JP¥32.5b

Bell-Park Co.,Ltd. provide services for information and communication devices in Japan.

MatsukiyoCocokara

Market Cap: JP¥1.1t

Operates and manages chain stores, drug stores, and insurance dispensing pharmacies in Japan.

Lion

Market Cap: JP¥456.2b

Manufactures and sells consumer and industrial products in Japan and internationally.

Toho Holdings

Market Cap: JP¥301.9b

Engages in the wholesale distribution of pharmaceutical products in Japan.

Nissui

Market Cap: JP¥346.9b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

Japan Petroleum Exploration

Market Cap: JP¥401.9b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

Konica Minolta

Market Cap: JP¥336.1b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Fukuda Denshi

Market Cap: JP¥206.1b

Engages in the manufacture and sale of medical instruments in Japan and internationally.

KDDI

Market Cap: JP¥10.3t

Engages in the provision of mobile telecommunications services in Japan and internationally.

Miura

Market Cap: JP¥351.6b

Produces and sells boilers in Japan and internationally.

Mizuho MedyLtd

Market Cap: JP¥32.5b

Engages in the research and development, manufacture, and sale of in vitro diagnostic products, and related scientific and technical information services in Japan.

Daito Trust ConstructionLtd

Market Cap: JP¥992.8b

Designs, constructs, and rents apartments and condominiums in Japan.

Tanseisha

Market Cap: JP¥74.5b

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.

Totetsu Kogyo

Market Cap: JP¥156.5b

Engages in the railway track maintenance, civil engineering, architectural, and environmental businesses in Japan.

FLECT

Market Cap: JP¥11.0b

Engages in the provision of multi-cloud integration services for digital transformation in Japan.

SAN Holdings

Market Cap: JP¥30.9b

Provides funeral services in Japan.

Takeda Pharmaceutical

Market Cap: JP¥7.6t

Engages in the research, development, manufacture, marketing, and out-licensing of pharmaceutical products in Japan and internationally.

Kotobukiya

Market Cap: JP¥11.9b

Engages in the planning, product development, design work, manufacturing, management, and sales of hobby-related goods in Japan and internationally.

Daicel

Market Cap: JP¥367.4b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

Rion

Market Cap: JP¥32.4b

Develops, manufactures, sells, and services particle counters, medical equipment, and environmental equipment in Japan.

Sumitomo Heavy Industries

Market Cap: JP¥498.6b

Manufactures and sells general machinery worldwide.

Sawai Group Holdings

Market Cap: JP¥272.4b

Together with subsidiaries, engages in the research and development, manufacture, and marketing of generic pharmaceuticals.