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.

Elecom

Market Cap: JP¥131.5b

Engages in the development, manufacturing, and sale of personal computers and digital equipment related products in Japan and internationally.

Konoike TransportLtd

Market Cap: JP¥174.2b

Engages in logistics business in Japan and internationally.

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.

Shofu

Market Cap: JP¥65.0b

Manufactures and sells dental materials and equipment worldwide.

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.

jig.jp

Market Cap: JP¥9.1b

Engages in the planning, development, and provision of mobile software in Japan.

Toshiba Tec

Market Cap: JP¥145.2b

Offers retail and workplace solutions in Japan and internationally.

Topre

Market Cap: JP¥117.0b

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

Mie Kotsu Group Holdings

Market Cap: JP¥54.3b

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

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.

Densan System Holdings

Market Cap: JP¥38.6b

Provides information and collection agency services in Japan.

Mitsubishi Research Institute

Market Cap: JP¥78.6b

Provides research, consulting, and ICT solutions to the public and private sectors in Japan.

Hino Motors

Market Cap: JP¥221.6b

Manufactures and sells commercial vehicles under the Hino brand worldwide.

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.

SAN Holdings

Market Cap: JP¥30.9b

Provides funeral services in Japan.

Sakai Chemical Industry

Market Cap: JP¥48.7b

Manufactures and sells various chemical products in Japan, Asia, North America, Europe, the Middle East, and internationally.

Totetsu Kogyo

Market Cap: JP¥156.5b

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

Takeda Pharmaceutical

Market Cap: JP¥7.6t

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

Daito Trust ConstructionLtd

Market Cap: JP¥992.8b

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

Dentsu Group

Market Cap: JP¥862.9b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

Garden

Market Cap: JP¥14.7b

Owns and operates restaurants in Southeast Asia.

CREEK & RIVER

Market Cap: JP¥32.0b

Engages in the production and management of creative artists and agencies, as well as rights management in Japan and internationally.

Ricoh Company

Market Cap: JP¥782.1b

Develops, manufactures, and sells digital products and services in Japan, the Americas, Europe, the Middle East, Africa, China, South East Asia, and Oceania.

Fukuda Denshi

Market Cap: JP¥206.1b

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

Bell-ParkLtd

Market Cap: JP¥32.5b

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