Japanese Software Undervalued based on future growth

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥20.5b

Engages in the debugging, media, and other businesses.

f-code

Market Cap: JP¥20.1b

Provides digital customer acquisition and development support services in Japan.

Sun*

Market Cap: JP¥17.3b

Engages in the digital creative studio business in Japan.

FLECT

Market Cap: JP¥10.1b

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

jig.jp

Market Cap: JP¥9.3b

Engages in the planning, development, and provision of mobile software in Japan.

CRI Middleware

Market Cap: JP¥5.7b

Provides audio and video-related middleware solutions in Japan.

SHINKO

Market Cap: JP¥4.3b

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