Japanese Potentially Undervalued Companies

SBI Insurance Group

Market Cap: JP¥39.5b

Provides various insurance products in Japan.

Cox

Market Cap: JP¥6.6b

Together with its subsidiary, operates as a clothing retailer in Japan.

CDSLtd

Market Cap: JP¥12.3b

Engages in the documentation, engineering, and technology system businesses in Japan.

Tohoku Electric Power Company

Market Cap: JP¥571.0b

Operates as an energy service conglomerate in Japan and internationally.

ALPHA

Market Cap: JP¥11.6b

Develops, manufactures, and sells lock and key products for automobile parts, housing hardware products, and coin operated lockers in Japan and internationally.

Obara Group

Market Cap: JP¥68.8b

Engages in the manufacture and sale of resistance welder, arc welder, laser equipment, polisher, cleaner/washer, and the consumables in Japan and internationally.

Chugai Pharmaceutical

Market Cap: JP¥10.9t

Engages in the research, development, manufacture, sale, importation, and exportation of pharmaceuticals in Japan and internationally.

Nicca ChemicalLtd

Market Cap: JP¥22.2b

Manufactures and sells surfactants for textile chemicals, metals, pulp and paper, paints, dyes, synthetic resins, and dry and professional cleaning agents in Japan and internationally.

Sportsfield

Market Cap: JP¥6.7b

Engages in the recruitment support business in Japan.

Nix

Market Cap: JP¥1.9b

Develops, manufactures, and sells precision engineering plastics parts, mechanical products, and fasteners in Japan and internationally.

Kyoto Tool

Market Cap: JP¥6.0b

Produces and sells work tools for automobile maintenance, other general tools, and relative apparatus in Japan and internationally.

SHOBIDO

Market Cap: JP¥13.2b

Engages in the planning, manufacturing, and selling cosmetic products in Japan and internationally.

DN HoldingsLtd

Market Cap: JP¥17.0b

Engages in the construction consulting and geological survey businesses in Japan.

G-Tekt

Market Cap: JP¥87.3b

Manufactures and sells auto body components and transmission parts in Japan and internationally.

Access Group Holdings

Market Cap: JP¥1.8b

Engages in promotion, human resource recruitment public relations, and school public relations businesses.

Alphax Food System

Market Cap: JP¥624.7m

Provides information systems for food service industry in Japan.

Ichikoh Industries

Market Cap: JP¥43.9b

Designs, develops, manufactures, and sells automotive lamps and other products for automobile manufacturers in Japan and internationally.

Fuji Latex

Market Cap: JP¥2.6b

Designs, develops, and sells motion controlling devices in Japan.

Tanabe Engineering

Market Cap: JP¥26.0b

Engages in plant construction and machinery production activities in Japan.

Yokota Manufacturing

Market Cap: JP¥3.0b

A fluid control solutions company, develops, manufactures, and sells pumps, valves, devices, special alloys, and parts in Japan and internationally.

Murata Manufacturing

Market Cap: JP¥4.6t

Develops, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.

ENSHU

Market Cap: JP¥3.1b

Manufactures and sells machine tools and parts in Japan and internationally.

Makiya

Market Cap: JP¥12.9b

Engages in the wholesale and retail business of household goods in Japan.

KSKLtd

Market Cap: JP¥25.7b

Engages in the LSI, software, hardware, customer service, and data entry businesses.

Polaris Holdings

Market Cap: JP¥49.1b

Operates a chain of hotels in Japan.

Daikoku Denki

Market Cap: JP¥38.4b

Daikoku Denki Co., Ltd. development, production, and sale of computer systems pachinko parlors in Japan.

Daiwa Computer

Market Cap: JP¥4.7b

Engages in the software development and service integration businesses in Japan and internationally.

Scroll

Market Cap: JP¥39.8b

Primarily engages in the mail-order and e-commerce businesses in Japan.

Tear

Market Cap: JP¥12.1b

Provides funeral services in Japan.

Simplex Financial Holdings

Market Cap: JP¥15.6b

A hedge fund sponsor.

HIRAYAMA HOLDINGSLtd

Market Cap: JP¥8.6b

Provides in-sourcing and temporary staffing services.

KENKO MayonnaiseLtd

Market Cap: JP¥28.1b

Engages in the manufacture and sale of salads and delicatessen, mayonnaise, dressings, sauces, and egg products in Japan.

Yappli

Market Cap: JP¥14.3b

Engages in mobile technology and internet businesses in Japan.

AB&CompanyLtd

Market Cap: JP¥14.1b

Operates directly managed beauty salons in Japan.

Global Information

Market Cap: JP¥4.2b

An information services company, provides market research reports, individual surveys, and customized research services in Japan and internationally.

Bank of Saga

Market Cap: JP¥49.8b

Provides various banking products and services in Japan.