Japanese Tech Undervalued over 20% based on DCF

Canon

Market Cap: JP¥3.8t

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

Ricoh Company

Market Cap: JP¥763.9b

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¥761.8b

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

Meiko Electronics

Market Cap: JP¥679.1b

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¥663.1b

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¥619.9b

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

Konica Minolta

Market Cap: JP¥283.3b

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

Oki Electric Industry

Market Cap: JP¥267.2b

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

Hochiki

Market Cap: JP¥159.3b

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¥151.7b

Offers retail and workplace solutions in Japan and internationally.

Riken Keiki

Market Cap: JP¥150.5b

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

Hosiden

Market Cap: JP¥135.7b

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

Nichicon

Market Cap: JP¥134.3b

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

Elecom

Market Cap: JP¥131.5b

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

Wacom

Market Cap: JP¥104.7b

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

OPTEX GROUP Company

Market Cap: JP¥103.2b

Engages in planning, development, and sale of sensors in Japan, the United States, Europe, and Asia.

Osaki Electric

Market Cap: JP¥84.7b

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

Maxell

Market Cap: JP¥81.5b

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

A&D HOLON Holdings Company

Market Cap: JP¥79.6b

Provides measurement technologies and products.

Iriso Electronics

Market Cap: JP¥75.9b

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

Espec

Market Cap: JP¥72.6b

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

Ryoden

Market Cap: JP¥71.4b

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.

Yashima Denki

Market Cap: JP¥66.9b

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

Nissha

Market Cap: JP¥60.5b

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

Nagano Keiki

Market Cap: JP¥54.7b

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

Sumida

Market Cap: JP¥40.1b

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.

Takebishi

Market Cap: JP¥38.5b

Operates as a technological trading company primarily in Japan.

SAXA

Market Cap: JP¥37.2b

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

Hibino

Market Cap: JP¥36.5b

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

SEMITEC

Market Cap: JP¥23.6b

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

Hokuriku Electric IndustryLtd

Market Cap: JP¥21.9b

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

Adtec Plasma Technology

Market Cap: JP¥17.2b

Engages in the design, manufacture, sale, and technical support of RF plasma generators, matching units, and digital RF power tracers in Japan.

GDEP ADVANCEInc

Market Cap: JP¥15.9b

Engages in the system incubation business in Japan.

DAIKO XTECH

Market Cap: JP¥13.6b

Operates as a systems integrator in Japan.

Showa Shinku

Market Cap: JP¥10.6b

Produces and sells vacuum equipment and components for quartz devices, optical thin films, and electronic devices in Japan, China, Taiwan, and internationally.

NF Holdings

Market Cap: JP¥9.3b

Provides measurement instruments, power supply and power control products, function modules, and customized products in Japan.