Japanese Semiconductors Undervalued over 20% based on DCF

Socionext

Market Cap: JP¥499.6b

Designs, develops, manufactures, and sells system-on-chip (SoC), and solutions/services centering on SoC worldwide.

Shibaura Mechatronics

Market Cap: JP¥380.0b

Develops, manufactures, and sells manufacturing equipment for flat panel displays (FPDs), semiconductors, and electronic components in Japan, Northeastern Asia, and internationally.

Tazmo

Market Cap: JP¥75.4b

Together with subsidiaries engages in the development, manufacturing, and sales of semiconductor manufacturing equipment in Japan, Taiwan, China, South Korea, Vietnam, rest of Asia, North America, and Europe.

Y.A.C. Holdings

Market Cap: JP¥22.7b

Provides mechatronics, display, industrial machinery, and electronics related products in Japan and internationally.

Inter Action

Market Cap: JP¥17.6b

Engages in the development, manufacturing, and sells inspection illuminators for applications in imaging semiconductor manufacturing processes in Japan.