Japanese Undervalued over 20% based on DCF

IMAGE MAGIC

Market Cap: JP¥4.0b

Provides on-demand printing services for original products in Japan.

MT Genex

Market Cap: JP¥4.0b

Engages in renovation of office buildings and real estate management in Japan.

Chuokeizai-Sha Holdings

Market Cap: JP¥3.9b

Engages in publishing business in Japan.

Townnews-ShaLtd

Market Cap: JP¥3.8b

Engages in the publishing business in Japan.

Daitobo

Market Cap: JP¥3.7b

Engages in the commercial facility/real estate, healthcare, fashion apparel and uniform, and other related businesses in Japan and internationally.

Shokubun

Market Cap: JP¥3.7b

Engages in the planning, development, and home delivery of household ingredients in Japan.

Scinex

Market Cap: JP¥3.6b

Engages in the information media, DX support, logistics, and healthcare businesses in Japan and internationally.

OPRO

Market Cap: JP¥3.5b

Provides data optimization and sales management solutions in Japan.

Kyogoku unyu shoji

Market Cap: JP¥3.5b

Engages in the transportation business in Japan.

Chuco

Market Cap: JP¥3.5b

Engages in the magazine business in Japan.

Yamano Holdings

Market Cap: JP¥3.5b

Engages in the retail business in Japan.

MRT

Market Cap: JP¥3.4b

Operates a medical information platform.

Nozaki Insatsu Shigyo

Market Cap: JP¥3.3b

Engages in the commercial printing business in Japan.

HKS

Market Cap: JP¥3.3b

Engages in the manufacture and sale of automobile aftermarket parts in Japan and internationally.

BRANU

Market Cap: JP¥3.2b

Engages in the provision of IT solutions for small and medium-sized construction companies.

Mitsuchi

Market Cap: JP¥3.2b

Manufactures, delivers, and sells custom fasteners for automotive components in Japan.

Fusic

Market Cap: JP¥3.1b

Operates as a technology company in Japan.

CORREC

Market Cap: JP¥3.1b

Engages in the engages in sales agency work in Japan.

Digital Knowledge

Market Cap: JP¥3.1b

Provides e-learning solutions to educational and training institutions in Japan.

Rebase

Market Cap: JP¥3.1b

Operates a rental space reservation platform in Japan.

Cgs Holdings

Market Cap: JP¥3.1b

Develops, distributes, and supports CAD/CAM, production management, and prototyping solutions in Japan and internationally.

Nihon IskLtd

Market Cap: JP¥3.1b

Nihon Isk Co.,Ltd. manufacture and sale of commercial and home fireproof safes in Japan.

NextgenInc

Market Cap: JP¥3.0b

Provides telecommunication, session initiation protocol (SIP)/VoIP security, and enterprise solutions in Japan.

Orvis

Market Cap: JP¥3.0b

Engages in the manufacture and sale of packaging materials in Japan.

Hope

Market Cap: JP¥3.0b

Provides advertising services to local governments and private companies.

ASULINALtd

Market Cap: JP¥3.0b

Engages in the renewable energy business in Japan.

Succeedltd

Market Cap: JP¥2.9b

Provides education and human resource services in Japan.

Faber

Market Cap: JP¥2.8b

Provides digital marketing automation tool solution in Japan.

circlace

Market Cap: JP¥2.7b

circlace Inc supports the introduction and operation of cloud systems and provides in-house developed cloud systems in Japan.

Intimate Merger

Market Cap: JP¥2.7b

Engages in the data management platforms business in Japan.

D. I. System

Market Cap: JP¥2.7b

Engages in the system integration, and educational services and security solutions businesses in Japan.

eXmotion

Market Cap: JP¥2.6b

Provides technical consulting and education services for systems and software in Japan.

Howtelevision

Market Cap: JP¥2.5b

Operates and manages a career platform in Japan.

Media Research InstituteInc

Market Cap: JP¥2.5b

Plans, manages, and implements employment-related projects in Japan.

CVS Bay Area

Market Cap: JP¥2.4b

Engages in apartment front desk service business in Japan.

Bridge Consulting Group

Market Cap: JP¥2.4b

Provides business management consulting services focused on initial public offering (IPO) support in Japan.