Japanese Telecom Potentially Undervalued Companies

KDDI

Market Cap: JP¥10.0t

Engages in the provision of telecommunications services in Japan and internationally.

FreeBit

Market Cap: JP¥31.4b

Operates as an Internet business support company.

Nippon Telegraph and Telephone

Market Cap: JP¥12.9t

Operates as a telecommunications company in Japan and internationally.

BENEFIT JAPAN

Market Cap: JP¥9.2b

Engages in the telecommunication business in Japan.

Forval TelecomInc

Market Cap: JP¥8.3b

Provides various telecommunications carrier services in Japan.

Fibergate

Market Cap: JP¥15.8b

Operates as a Wi-Fi solution company in Japan.

Vision

Market Cap: JP¥58.4b

Primarily engages in the provision of mobile Wi-Fi router rental services in Japan and internationally.

Okinawa Cellular Telephone

Market Cap: JP¥222.5b

Provides telecommunication and mobile phone services in Japan.

ToumeiLtd

Market Cap: JP¥28.4b

Offers telecommunications services in Japan.

IPS

Market Cap: JP¥30.0b

Provides IT and telecommunications services in Japan and the Philippines.

SoftBank Group

Market Cap: JP¥11.3t

Provides telecommunication services in Japan and internationally.

Internet Initiative Japan

Market Cap: JP¥491.1b

Provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan.