Japanese Tech Undervalued over 20% based on DCF

Canon

Market Cap: JP¥3.9t

Develops, produces, sells, and services various printing, medical, imaging, and industrial equipment in Japan, the Americas, Europe, Asia, and Oceania.

IbidenLtd

Market Cap: JP¥2.3t

Manufactures and sells electronic and ceramics products in Japan, Asia, North America, and internationally.

Ricoh Company

Market Cap: JP¥771.3b

Develops, manufactures, and sells digital products and services in Japan, the Americas, Europe, the Middle East, Africa, China, South East Asia, and Oceania.

Brother Industries

Market Cap: JP¥742.5b

Manufactures and sells communications and printing equipment in Japan, the United States, China, and internationally.

Meiko Electronics

Market Cap: JP¥684.4b

Engages in the design, manufacture, and sale of printed circuit boards (PCBs) and auxiliary electronics in Japan, China, Vietnam, the rest of Asia, North America, Europe, and internationally.

Seiko Epson

Market Cap: JP¥636.4b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

Taiyo Yuden

Market Cap: JP¥545.2b

Develops, manufactures, and sells electronic components in Japan, North America, China, Europe, Hong Kong, and internationally.

Dexerials

Market Cap: JP¥362.5b

Manufactures and sells electronic components, bonding materials, optics materials, and other products in Japan.

Konica Minolta

Market Cap: JP¥273.3b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Amano

Market Cap: JP¥266.5b

Provides time information, parking, environmental, and cleaning systems in Japan and internationally.

Nohmi Bosai

Market Cap: JP¥247.5b

Engages in the development, marketing, installation, and maintenance of various fire protection systems in Japan.

Oki Electric Industry

Market Cap: JP¥240.5b

Manufactures and sells products, technologies, software, and solutions for telecommunication and information systems in Japan and internationally.

Japan Aviation Electronics Industry

Market Cap: JP¥157.6b

Provides connectors, user interface solutions, and aerospace electronics in Japan.

Hochiki

Market Cap: JP¥155.1b

Engages in the research and development, manufacture, sale, consulting, engineering, design, and maintenance of fire alarm systems, information and communication, fire extinguishing, crime prevention systems, and network and security systems.

Toshiba Tec

Market Cap: JP¥147.7b

Offers retail and workplace solutions in Japan and internationally.

Riken Keiki

Market Cap: JP¥142.3b

Engages in research, development, manufacturing, sales and after-sales maintenance of industrial gas detection and alarm equipment and analyzers in Japan and internationally.

Elecom

Market Cap: JP¥131.7b

Engages in the development, manufacturing, and sale of personal computers and digital equipment related products in Japan and internationally.

Hosiden

Market Cap: JP¥131.1b

Develops, manufactures, and sells electronic components in Japan and internationally.

Nichicon

Market Cap: JP¥121.8b

Engages in the development and production of electrical components in Japan, the United States, Asia, Europe, and internationally.

Wacom

Market Cap: JP¥104.5b

Develops, manufactures, and sells pen tablets and related software in Japan and internationally.

Maxell

Market Cap: JP¥79.3b

Manufactures and sale energy, functional materials, optics and systems, and life solution products in Japan, the Americas, Europe, Asia, and internationally.

Osaki Electric

Market Cap: JP¥77.7b

Develops, manufactures, sells, and installs meters in Japan, rest of Asia, Oceania, Europe, and internationally.

Nippon Ceramic

Market Cap: JP¥73.1b

Develops, manufactures, and sells ceramic sensors, modules, and other products in Japan and internationally.

Ryoden

Market Cap: JP¥72.0b

Sells factory automation (FA) systems, cooling and heating systems, information and communication technologies (ICT), building systems, smart-agri, green network, healthcare, and electronics businesses in Japan and internationally.

Iriso Electronics

Market Cap: JP¥70.2b

Develops, manufactures, and sells connectors in Japan, rest of Asia, Europe, and North America.

Espec

Market Cap: JP¥66.6b

Manufactures and sells environmental test, energy device, and semiconductor-related equipment worldwide.

Yashima Denki

Market Cap: JP¥62.8b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Nissha

Market Cap: JP¥59.1b

Engages in industrial materials, devices, medical technologies, information and communication, and pharmaceutical and cosmetics businesses in Japan and internationally.

Nagano Keiki

Market Cap: JP¥51.6b

Manufactures and sells pressure gauges and sensors, measurement and control equipment, and other products in Japan and internationally.

Takebishi

Market Cap: JP¥39.3b

Operates as a technological trading company primarily in Japan.

Sumida

Market Cap: JP¥38.1b

Researches, designs, develops, manufactures, and sells electronic components in Japan, the United States, China, Hong Kong, Germany, the rest of the Asia Pacific, the rest of the European Union, the rest of North America, and internationally.

SAXA

Market Cap: JP¥37.0b

Through its subsidiaries, develops, manufactures, and sells equipment and parts for information and communication systems in Japan.

Hibino

Market Cap: JP¥35.7b

Designs, sells, installs, and maintains audio equipment in Japan and internationally.

Chino

Market Cap: JP¥25.1b

Manufactures and sells instrumentation and control equipment in Japan, China, Korea, Taiwan, the United States, Germany, Italy, and internationally.

SEMITEC

Market Cap: JP¥22.8b

Engages in the manufacture and sale of electronic components in Japan and internationally.

Hokuriku Electric IndustryLtd

Market Cap: JP¥21.8b

Engages in the development, manufacturing, and sale of electronic components in Japan and internationally.