Japanese Undervalued based on future growth

CrowdWorks

Market Cap: JP¥15.2b

Provides crowdsourcing services in Japan.

Kotobukiya

Market Cap: JP¥13.8b

Engages in the planning, product development, design work, manufacturing, management, and sales of hobby-related goods in Japan and internationally.

HitoMile

Market Cap: JP¥13.5b

Engages in wholesale business of alcoholic beverages and other foodstuffs in Japan.

Ultrafabrics HoldingsLtd

Market Cap: JP¥12.0b

Manufactures and sells polyurethane leather products in Japan, North America, Europe, and internationally.

Livero

Market Cap: JP¥11.9b

Provides cloud platforms in Japan.

Daiwa CycleLtd

Market Cap: JP¥11.5b

Sells bicycles, and bicycles parts and accessories primarily in Japan.

Japan Hospice Holdings

Market Cap: JP¥11.1b

Engages in hospice housing and home care businesses in Japan.

TESEC

Market Cap: JP¥11.1b

Designs, develops, manufactures, and sells semiconductor test equipment in Japan and internationally.

Brangista

Market Cap: JP¥10.9b

Produces and publishes e-magazines primarily in Japan.

Interworks Confidence

Market Cap: JP¥10.0b

Provides staffing, recruitment, and outsourcing services for the game and entertainment industries.

UP GARAGE GROUP

Market Cap: JP¥9.3b

Engages in the purchasing and sale of car and motorcycle supplies in Japan.

EF-ON

Market Cap: JP¥9.2b

Operates as an energy service company in Japan.

WILLPLUS Holdings

Market Cap: JP¥9.2b

Imports and sells new and used cars in Japan.

Watts

Market Cap: JP¥8.6b

Engages in the wholesale and retail business of daily necessities and miscellaneous goods in Japan and internationally.

Mental Health TechnologiesLtd

Market Cap: JP¥8.4b

Provides Mental health solution services in Japan.

Novarese

Market Cap: JP¥8.3b

Engages in the wedding businesses in Japan and internationally.

PuequLTD

Market Cap: JP¥7.7b

Manufactures and sells pumps, blowers, air conditioners, and factory equipment in Japan.

Trenders

Market Cap: JP¥7.2b

Engages in the marketing and investment business in Japan.

Sanwayuka Industry

Market Cap: JP¥6.6b

Engages in the disposal, recycling, and management of industrial waste in Japan.

MINATO HOLDINGS

Market Cap: JP¥6.4b

Engages in the memory module, telework solution, digital device peripherals, device programming, display solution, intelligent stereo camera, system development and website construction, mobile accessories, financial consulting, and electronics design businesses in Japan and internationally.

Enjin

Market Cap: JP¥6.1b

Provides public relation (PR) support services for corporations/managers and medical institutions/doctors.

Ikegami Tsushinki

Market Cap: JP¥3.8b

Engages in the provision of broadcast equipment in Japan and internationally.

zig-zagInc

Market Cap: JP¥3.7b

A technology company, provides cross-border e-commerce platform services.

internet infinity

Market Cap: JP¥3.5b

Provides healthcare solutions services in Japan.

Bizmates

Market Cap: JP¥3.4b

Provides language and talent solutions in Japan.

Howtelevision

Market Cap: JP¥3.3b

Operates and manages a carrier platform in Japan.

CyberBuzz

Market Cap: JP¥3.3b

Engages in the advertising and marketing activities in Japan.