Japanese Semiconductors Undervalued over 20% based on DCF

Renesas Electronics

Market Cap: JP¥3.3t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Kokusai Electric

Market Cap: JP¥729.4b

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Rorze

Market Cap: JP¥339.5b

Engages in the design, development, manufacture, and sale of automation systems for the semiconductor and flat panel display production worldwide.

Sanken Electric

Market Cap: JP¥182.0b

Engages in the manufacture and sale of electric equipment and apparatus in Japan and internationally.

JAPAN MATERIAL

Market Cap: JP¥143.5b

Operates in the electronics and graphics businesses in Japan.

TOWA

Market Cap: JP¥136.6b

Engages in the design, development, manufacture, and sale of semiconductor manufacturing equipment and high-precision molds in Japan and internationally.

Tri Chemical Laboratories

Market Cap: JP¥105.0b

Develops, manufactures, and sells high-purity chemicals for semiconductor manufacturing in Japan, Taiwan, China, South Korea, and internationally.It offers semiconductors, coating, optical, fiber, compound semiconductor, and reagents.

Yamaichi ElectronicsLtd

Market Cap: JP¥52.8b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

Tazmo

Market Cap: JP¥32.0b

Manufactures and sells semiconductor manufacturing equipment in Japan, Taiwan, China, South Korea, Vietnam, rest of Asia, North America, and Europe.

Tera Probe

Market Cap: JP¥30.6b

Engages in the wafer testing, final testing, testing technology development, and worker dispatching businesses in Japan, Taiwan, rest of Asia, North America, and Europe.

Japan Electronic Materials

Market Cap: JP¥29.4b

Engages in the manufacture and sale of probe cards and electron tube parts in Japan and internationally.

AIMECHATEC

Market Cap: JP¥20.8b

Develops, manufactures, and sells for flat panel display equipment in Japan.

NPC

Market Cap: JP¥13.9b

Engages in the machinery and environmental businesses.