Japanese Software Potentially Undervalued Companies

Asahi Intelligence Service

Market Cap: JP¥13.2b

Provides information processing services in Japan.

YMIRLINKInc

Market Cap: JP¥4.3b

Together with its subsidiary, provides messaging solutions in Japan.

Fukui Computer HoldingsInc

Market Cap: JP¥64.1b

Develops and sells package CAD products for the construction industry in Japan.

LaKeel

Market Cap: JP¥5.0b

Provides product, consulting, and professional services in Japan.

SystemEXEInc

Market Cap: JP¥4.7b

Engages in the system integration business.

NEOJAPAN

Market Cap: JP¥20.4b

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

Toyokumo

Market Cap: JP¥20.0b

Develops and provides cloud services in Japan.

Feedforce Group

Market Cap: JP¥10.8b

Engages in data feed, digital advertising, social media marketing, and other businesses in Japan.

Showa System Engineering

Market Cap: JP¥6.5b

Engages in the development, operation, and consulting of information systems.

OBICLtd

Market Cap: JP¥1.7t

Provides system integration, system support, office automation, and package software services in Japan.

Progress Technologies Group

Market Cap: JP¥7.2b

Provides consulting, engineering, and digital integration services for manufacturing companies in Japan.

SMN

Market Cap: JP¥5.3b

Engages in digital marketing activities business in Japan.

Nippon Information Development

Market Cap: JP¥25.3b

Offers information technology solutions in Japan and internationally.

Kitalive

Market Cap: JP¥1.3b

Engages in the cloud solutions business in Japan.

Techno Mathematical

Market Cap: JP¥731.2m

Develops software and hardware IPs in Japan.

HOUSEI

Market Cap: JP¥2.5b

Engages in the information systems business in Japan and internationally.

Systems Design

Market Cap: JP¥4.4b

Operates as an information service company.

Avant Group

Market Cap: JP¥38.3b

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

Growth X PartnersInc

Market Cap: JP¥3.6b

Engages in the enterprise DX business for enterprises.

IPS Holdings

Market Cap: JP¥2.8b

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

Startia HoldingsInc

Market Cap: JP¥26.8b

Engages in the IT business in Japan and internationally.

NCS&A

Market Cap: JP¥17.4b

Provides various IT services in Japan.

D. I. System

Market Cap: JP¥2.6b

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

Nomura Research Institute

Market Cap: JP¥2.6t

Provides consulting, financial information technology (IT) solutions, industrial IT solutions, and IT platform services in Japan and internationally.

Hammock

Market Cap: JP¥5.5b

Develops and sales corporate software.

IX Knowledge

Market Cap: JP¥11.9b

Provides information technology services in Japan.

Cross Cat

Market Cap: JP¥12.9b

Engages in information services and related operations in Japan.

MKSystem

Market Cap: JP¥1.5b

Provides system development and cloud services in Japan.

Rakus

Market Cap: JP¥314.4b

Provides cloud services in Japan.

Just Planning

Market Cap: JP¥5.1b

Provides solutions for the food and beverage industry in Japan.

SIG Group

Market Cap: JP¥4.6b

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

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥15.3b

Engages in the debugging, media, and other businesses.

Basic

Market Cap: JP¥3.0b

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

DreamArts

Market Cap: JP¥8.4b

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

JFE Systems

Market Cap: JP¥58.2b

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

XNET

Market Cap: JP¥6.7b

Provides software applications outsourcing services in Japan.