Japanese Software Potentially Undervalued Companies

BSN Media Holdings

Market Cap: JP¥15.4b

Engages in the radio and television broadcasting business.

IPS Holdings

Market Cap: JP¥2.5b

Provides SAP ERP system implementation and maintenance services in Japan, Germany, and Asia-Pacific.

OPRO

Market Cap: JP¥3.7b

Provides data optimization and sales management solutions in Japan.

HOUSEI

Market Cap: JP¥2.4b

Engages in the information systems business in Japan and internationally.

Progress Technologies Group

Market Cap: JP¥6.7b

Provides solutions and services for the manufacturing industry in Japan.

Hammock

Market Cap: JP¥6.4b

Develops and sales corporate software.

NCS&A

Market Cap: JP¥20.8b

Provides various IT services in Japan.

D. I. System

Market Cap: JP¥2.7b

Engages in the system integration, and educational services and security solutions businesses in Japan.

Startia HoldingsInc

Market Cap: JP¥28.8b

Engages in the IT business in Japan and internationally.

Growth X PartnersInc

Market Cap: JP¥3.9b

Engages in the enterprise DX business for enterprises.

Systems Design

Market Cap: JP¥4.8b

Operates as an information service company.

Kitalive

Market Cap: JP¥1.3b

Engages in the cloud solutions business in Japan.

Techno Mathematical

Market Cap: JP¥694.9m

Develops software and hardware IPs in Japan.

BIPROGY

Market Cap: JP¥470.1b

Provides cloud computing and outsourcing services in Japan.

Synclayer

Market Cap: JP¥3.0b

Provides system integration services for CATV network in Japan.

Cross Cat

Market Cap: JP¥14.0b

Engages in information services and related operations in Japan.

AxisLtd

Market Cap: JP¥7.5b

Engages in the research and development, sale, consultation, and operation management of computer systems.

Basic

Market Cap: JP¥3.2b

Develops SaaS platform and digital solutions for the B2B marketing field.

i Cubed Systems

Market Cap: JP¥9.6b

Provides cloud-based mobile device management services under the CLOMO MDM name in Japan.

DreamArts

Market Cap: JP¥9.8b

Engages in planning, developing, and selling of cloud products for large companies in Japan.

Just Planning

Market Cap: JP¥5.5b

Provides solutions for the food and beverage industry in Japan.

IX Knowledge

Market Cap: JP¥12.3b

Provides information technology services in Japan.

Advanced Media

Market Cap: JP¥17.1b

Engages in planning, design, and development of speech recognition solutions in Japan and internationally.

MKSystem

Market Cap: JP¥1.5b

Provides system development and cloud services in Japan.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥16.8b

Engages in the debugging, media, and other businesses.

Valtes HoldingsLtd

Market Cap: JP¥8.1b

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

SIG Group

Market Cap: JP¥5.0b

Provides system integration, IT infrastructure, and security solutions in Japan.

Delivery Consulting

Market Cap: JP¥1.9b

Provides technology solutions consulting services in Japan and internationally.

PCI Holdings

Market Cap: JP¥12.1b

Engages in the information service business.

FLECT

Market Cap: JP¥6.7b

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

SHANON

Market Cap: JP¥3.4b

Operates as a cloud solutions provider in Japan.

GMO internet group

Market Cap: JP¥420.7b

Provides various internet services in Japan and internationally.

NCD

Market Cap: JP¥20.1b

Engages in the system development, support and service, and parking system businesses in Japan.

Ad-Sol Nissin

Market Cap: JP¥25.5b

Develops information and embedded systems for companies in Japan.

f-code

Market Cap: JP¥16.5b

Engages in the digital transformation and consulting business in Japan.

NEC

Market Cap: JP¥6.3t

Provides information technology services and social infrastructure in Japan and internationally.