Japanese Software Undervalued based on future growth

SHIFT

Market Cap: JP¥168.6b

Provides software quality assurance and testing solutions in Japan.

m-up holdings

Market Cap: JP¥47.1b

Engages in the development and distribution of mobile and PC content, and e-commerce businesses in Japan.

ULS Group

Market Cap: JP¥29.0b

Provides consulting and contract development services related to information systems in Japan.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥20.7b

Engages in the debugging, media, and other businesses.

f-code

Market Cap: JP¥19.0b

Provides digital customer acquisition and development support services in Japan.

NTT Data Intramart

Market Cap: JP¥14.5b

Provides software products and services in Japan and internationally.

Human Technologies

Market Cap: JP¥14.4b

Develops and sells attendance management system.

Japan Data Science ConsortiumLtd

Market Cap: JP¥13.4b

Operates an AI tech company, develops algorithm modules utilizing machine learning in Japan.

ibis

Market Cap: JP¥12.0b

Operates as a mobile-savvy engineering company in Japan, the United States, and internationally.

Japan PropTechLtd

Market Cap: JP¥8.0b

Develops and sells real estate operations support services in Japan.

FLECT

Market Cap: JP¥6.1b

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

CRI Middleware

Market Cap: JP¥5.0b

Provides audio and video-related middleware solutions in Japan.

LaKeel

Market Cap: JP¥4.8b

Provides product, consulting, and professional services in Japan.

SHINKO

Market Cap: JP¥4.3b

Provides maintenance services, IT solutions, and human resource services in Japan.