Japanese Media Defensive Blue Chips

Bank of Shanghai

Market Cap: CN¥129.3b

Provides various banking products and services in China.

Skyverse Technology

Market Cap: CN¥129.0b

Manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥128.7b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

Associated British Foods

Market Cap: UK£14.1b

Engages in the food, ingredients, and retail businesses worldwide.

Wilmar International

Market Cap: S$24.4b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Cellnex Telecom

Market Cap: €16.6b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$148.1b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

BIWIN Storage Technology

Market Cap: CN¥127.8b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.

Pernod Ricard

Market Cap: €16.5b

Produces and sells wines and spirits worldwide.

Telenor

Market Cap: NOK 181.1b

Operates as a telecommunication company worldwide.

Alinma Bank

Market Cap: ر.س70.7b

Provides banking and investment services in the Kingdom of Saudi Arabia.

OmniVision Integrated Circuits Group

Market Cap: CN¥126.9b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

Telecom Italia

Market Cap: €16.4b

Engages in the fixed and mobile telecommunications services and products for individuals, households, and supports small and medium-sized enterprises in Italy and internationally.

Koninklijke KPN

Market Cap: €16.2b

Provides telecommunications and information technology (IT) services in the Netherlands.

Luzhou LaojiaoLtd

Market Cap: CN¥125.4b

Produces and sells alcoholic products in China and internationally.

E.SUN Financial Holding Company

Market Cap: NT$597.6b

Offers various financial banking products and services in Taiwan.

Wilson Bank Holding

Market Cap: US$18.4b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in the United States.

Telia Company

Market Cap: SEK 178.3b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

East West Bancorp

Market Cap: US$18.4b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

IHH Healthcare Berhad

Market Cap: RM 75.1b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.

CEMEX. de

Market Cap: Mex$317.0b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

ASPEED Technology

Market Cap: NT$586.3b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

SinoPac Financial Holdings

Market Cap: NT$582.6b

Through its subsidiaries, provides banking services worldwide.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫473.8t

Provides banking products and services in Vietnam.

Vodacom Group

Market Cap: R294.7b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Banco de Sabadell

Market Cap: €15.7b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

GlobalWafers

Market Cap: NT$576.1b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

MPI

Market Cap: NT$575.6b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

SDIC Power Holdings

Market Cap: CN¥120.3b

Engages in the electricity generation business in China.

Saudi Awwal Bank

Market Cap: ر.س66.5b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Federal Home Loan Mortgage

Market Cap: US$17.7b

Operates in the secondary mortgage market in the United States.

Krung Thai Bank

Market Cap: ฿594.0b

Engages in commercial banking business in Thailand and internationally.

Zimmer Biomet Holdings

Market Cap: US$17.6b

Operates as a medical technology company worldwide.

Erste Bank Polska

Market Cap: zł66.9b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Hua Nan Financial Holdings

Market Cap: NT$567.8b

Provides financial services in Taiwan and internationally.