Japanese Consumer Services Defensive Blue Chips

J. M. Smucker

Market Cap: US$12.4b

Manufactures and markets branded food and beverage products worldwide.

Allegro MicroSystems

Market Cap: US$12.4b

Designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems.

Webster Financial

Market Cap: US$12.3b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Henan Shijia Photons Technology

Market Cap: CN¥83.5b

Henan Shijia Photons Technology Co., Ltd.

Smith & Nephew

Market Cap: UK£9.3b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Etihad Etisalat

Market Cap: ر.س46.1b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

iA Financial

Market Cap: CA$17.4b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Shanghai United Imaging Healthcare

Market Cap: CN¥83.0b

Shanghai United Imaging Healthcare Co., Ltd.

Taiwan Cooperative Financial Holding

Market Cap: NT$389.7b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

Fresenius Medical Care

Market Cap: €10.6b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

First Horizon

Market Cap: US$12.1b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

SK Telecom

Market Cap: ₩18.8t

Engages in the provision of wireless telecommunication services in South Korea.

Israel Discount Bank

Market Cap: ₪36.1b

Provides various banking and financial services in Israel, Europe, and North America.

Wens Foodstuff Group

Market Cap: CN¥82.0b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Tele2

Market Cap: SEK 117.0b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Saputo

Market Cap: CA$17.1b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, and the United Kingdom.

Canara Bank

Market Cap: ₹1.1t

Provides various banking products and services in India and internationally.

Jerónimo Martins SGPS

Market Cap: €10.5b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

Almarai

Market Cap: ر.س45.1b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Molina Healthcare

Market Cap: US$12.0b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.

Maxone Semiconductor (Suzhou)

Market Cap: CN¥80.7b

Engages in the research, development, design, and manufacturing of semiconductor test solution products.

Far EasTone Telecommunications

Market Cap: NT$378.7b

Provides mobile telecommunications services in Taiwan and internationally.

Yokohama Financial Group

Market Cap: JP¥1.9t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Great Eastern Holdings

Market Cap: S$15.3b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Italgas

Market Cap: €10.3b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫308.7t

Provides various banking products and services in Vietnam and internationally.

Dangote Cement

Market Cap: ₦16.1t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.4b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

SICC

Market Cap: CN¥79.0b

Engages in the research, development, production, and sale of silicon carbide substrate materials in China and internationally.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥79.0b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

American Financial Group

Market Cap: US$11.6b

An insurance holding company, provides property and casualty insurance products in the United States.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Suzhou Maxwell Technologies

Market Cap: CN¥78.6b

Engages in the design, research and development, production, and sale of solar cell production equipment in China.