Japanese Software Potentially Undervalued Companies

WILLs

Market Cap: JP¥15.1b

Develops and offers a shareholder management platform utilizing blockchain technology in Japan and internationally.

Softcreate Holdings

Market Cap: JP¥55.8b

Through its subsidiaries, provides system integration and other IT-related services in Japan.

Human Creation Holdings

Market Cap: JP¥3.8b

Through its subsidiaries, engages in the provision of consulting and dispatch contract development related to information technology (IT) industry in Japan.

Trend Micro

Market Cap: JP¥857.8b

Develops and sells security-related software for computers and the internet in Japan, the Americas, Europe, and the Asia Pacific.

Miroku Jyoho Service

Market Cap: JP¥61.0b

Provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan.

rakumo

Market Cap: JP¥7.0b

Develops and markets cloud extension tools in Japan.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥23.6b

Engages in debugging, media, and other businesses.

JBCC Holdings

Market Cap: JP¥103.5b

Through its subsidiaries, provides information technology (IT) services in Japan.

Core

Market Cap: JP¥30.5b

Provides information and communication technology services in Japan.

TeamSpirit

Market Cap: JP¥6.0b

Engages in the SaaS business in Japan.

TDC SOFT

Market Cap: JP¥48.7b

Provides IT consulting services in Japan.

XNET

Market Cap: JP¥9.7b

Provides software applications outsourcing services in Japan.