Japanese Software Potentially Undervalued Companies

Property Data Bank

Market Cap: JP¥10.8b

Provides cloud services in Japan.

Tecmira Holdings

Market Cap: JP¥3.7b

Provides solutions of hardware, software, and content using DX technology.

Rococo

Market Cap: JP¥3.4b

Provides IT solutions in Japan.

YE DIGITAL

Market Cap: JP¥12.0b

Provides Internet of Things (IoT) solutions in Japan.

ULS Group

Market Cap: JP¥33.9b

Provides IT consulting and solutions in Japan.

CNSLtd

Market Cap: JP¥4.4b

Provides system engineering services in Japan.

YMIRLINKInc

Market Cap: JP¥6.1b

Engages in messaging solution business in Japan.

Nulab

Market Cap: JP¥5.8b

Develops solution that promotes team collaboration.

NEOJAPAN

Market Cap: JP¥22.3b

Engages in development and sale of packaged software in Japan and internationally.

SCAT

Market Cap: JP¥1.2b

Provides various IT solutions for beauty salons.

BSN Media Holdings

Market Cap: JP¥12.2b

Engages in the radio and television broadcasting business.

Aplix

Market Cap: JP¥3.3b

Engages in the technology business in Japan.

Fukui Computer HoldingsInc

Market Cap: JP¥62.7b

Engages in the development and sale of package CAD products for the construction industry in Japan.

SIOS

Market Cap: JP¥3.0b

Engages in the open system infrastructure and application businesses.

Sobal

Market Cap: JP¥7.3b

Engages in the development of embedded software for digital appliances in Japan.

Segue Group

Market Cap: JP¥16.3b

Provides design, construction, operation, and maintenance services related to IT infrastructure and network security products in Japan.

Computer Management

Market Cap: JP¥5.1b

Provides system support solutions.

Nippon Information Development

Market Cap: JP¥25.8b

Offers information technology solutions in Japan and internationally.

System Support Holdings

Market Cap: JP¥25.3b

Provides various information technology (IT) services in Japan and internationally.

eSOLLtd

Market Cap: JP¥9.9b

Designs, plans, operates, and sells embedded software solutions and logistics systems in Japan.

SpiderPlus

Market Cap: JP¥17.4b

Engages in information and communication technology business in Japan.

Growth X PartnersInc

Market Cap: JP¥6.0b

Engages in the digital transformation consultation and support business for enterprises.

Double Standard

Market Cap: JP¥22.0b

A business support company, generates and provides big data solutions for enterprises in Japan.

Avant Group

Market Cap: JP¥55.8b

Through its subsidiaries, provides accounting, business intelligence, and outsourcing services.

NCS&A

Market Cap: JP¥19.3b

Provides various IT services in Japan.

Plus Alpha ConsultingLtd

Market Cap: JP¥86.1b

Provides marketing solutions.

Nihon Office Automation Research

Market Cap: JP¥623.8m

Nihon Office Automation Research Co., Ltd.

Core

Market Cap: JP¥26.8b

Provides information and communication technology services in Japan.

JFE Systems

Market Cap: JP¥55.3b

Provides engages in the planning, designing, developing, operating, and maintenance of information systems in Japan.

SRA Holdings

Market Cap: JP¥58.1b

Engages in systems development, operation/administration, and product solutions marketing businesses in Japan and internationally.

AxisLtd

Market Cap: JP¥6.6b

Provides development, sales, research, consultation, and operation management of computer systems.

O.B.System

Market Cap: JP¥6.2b

Engages in the system integration service business in Japan.

rakumo

Market Cap: JP¥4.8b

Develops and markets cloud extension tools in Japan.

Asteria

Market Cap: JP¥9.1b

Develops and sells software.

TeamSpirit

Market Cap: JP¥7.4b

Provides ERP solutions in Japan.

MIT Holdings

Market Cap: JP¥1.7b

Engages in the information service business.