Japanese Healthcare Potentially Undervalued Companies

Mizuho MedyLtd

Market Cap: JP¥30.8b

Researches and develops, manufactures, and sells in-vitro diagnostic products and related scientific and technical information services primarily in Japan.

Software Service

Market Cap: JP¥76.3b

Provides electric medical record, hospital total ordering, and other systems.

Fukuda Denshi

Market Cap: JP¥184.6b

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

CUC

Market Cap: JP¥33.3b

Offers healthcare services in Japan, Asia and internationally.

Solasto

Market Cap: JP¥46.0b

Provides medical outsourcing services to medical institutions in Japan.

Japan Lifeline

Market Cap: JP¥106.8b

A medical device company, engages in manufacturing and sale of medical device in Japan.

PHC Holdings

Market Cap: JP¥127.5b

Through its subsidiaries, provides medical devices, healthcare IT solutions, and life science products and services primarily in Japan.

GENOVA

Market Cap: JP¥12.0b

Engages in the medical platform and smart clinic businesses in Japan.

Hoshi Iryo-Sanki

Market Cap: JP¥15.8b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

WOLVES HAND

Market Cap: JP¥7.8b

Manages and operates animal hospitals in Japan.

FALCO HOLDINGS

Market Cap: JP¥26.2b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

EM Systems

Market Cap: JP¥53.3b

Develops and sells various IT systems for pharmacies, clinics, and care/welfare other business in Japan.

TOWA Hi SYSTEMLTD

Market Cap: JP¥5.5b

Develops medical software solutions in Japan.

CE HoldingsLtd

Market Cap: JP¥12.8b

Through its subsidiaries, develops and sells electronic medical record systems and medical information systems in Japan.

Koken

Market Cap: JP¥8.9b

Produces and sells occupational personal protective and environment quality improvement equipment in Japan.

Care ServiceLtd

Market Cap: JP¥3.1b

Provides in-home care support and day services in Japan and internationally.

Ship Healthcare Holdings

Market Cap: JP¥215.8b

Engages in the medical, healthcare, welfare, and nursing care businesses in Japan and internationally.

FB Care ServiceLtd

Market Cap: JP¥3.1b

Provides nursing care services in Japan and internationally.

KowaLtd

Market Cap: JP¥3.5b

Manufactures and sells nursing care products and welfare equipment under the Tacaof, AURULA, and GENTIL MARRONE brands in Japan.

Elan

Market Cap: JP¥47.8b

Engages in the nursing care business primarily in Japan.

Colan Totte.Co.Ltd

Market Cap: JP¥13.6b

Develops and sells therapy devices under the Colantotte brand in Japan and internationally.

Kitazato

Market Cap: JP¥61.0b

Researches, develops, manufactures, and markets medical devices and related products for fertility treatment.

MedPeerInc

Market Cap: JP¥15.1b

Offers services for doctors and pharmacists in Japan.

CEDAR.Co.Ltd

Market Cap: JP¥2.4b

Provides nursing care and rehabilitation services in Japan.

Menicon

Market Cap: JP¥85.2b

Manufactures and sells contact lenses and lens care products.

ASO International

Market Cap: JP¥6.9b

Operates in orthodontics business in Japan.

HYUGA PRIMARY CARELtd

Market Cap: JP¥9.4b

Provides home-visit pharmacies, nursing, and care planning services in Japan.

Advantage Risk Management

Market Cap: JP¥9.2b

Provides mental health management and disability support services in Japan.

MediPal Holdings

Market Cap: JP¥542.2b

Medipal Holdings Corporation engages in the prescription pharmaceutical wholesale business in Japan.

Koa Shoji HoldingsLtd

Market Cap: JP¥34.8b

Through its subsidiaries, imports and sells active pharmaceutical ingredients (APIs) in Japan.

Rion

Market Cap: JP¥33.4b

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

Techno Medica

Market Cap: JP¥14.0b

Engages in the research and development, manufacture, sale, import, and export of in-vitro diagnostic analyzers in Japan.

France Bed HoldingsLtd

Market Cap: JP¥44.1b

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

Charm Care

Market Cap: JP¥37.3b

Engages in nursing care business.

TAUNS LaboratoriesInc

Market Cap: JP¥57.7b

Engages in the development, manufacture, export/import, and sale of in vitro diagnostics and research reagents, and its intermediates in Japan and internationally.

Nihon Kohden

Market Cap: JP¥277.6b

Engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally.