Japanese Software Defensive Blue Chips

Eastroc Beverage (Group)

Market Cap: CN¥142.8b

Engages in the manufacturing and distribution of beverages in China, Vietnam, and Malaysia.

Quest Diagnostics

Market Cap: US$20.5b

Provides diagnostic testing and services in the United States and internationally.

LONGi Green Energy Technology

Market Cap: CN¥142.2b

Manufactures and sells photovoltaic products in China, Europe, the Asia Pacific, and the United States.

Centene

Market Cap: US$20.4b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Mizrahi Tefahot Bank

Market Cap: ₪63.1b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

IHH Healthcare Berhad

Market Cap: RM 79.7b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Principal Financial Group

Market Cap: US$20.3b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Heineken Holding

Market Cap: €16.9b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

Cellnex Telecom

Market Cap: €16.8b

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

Coca-Cola HBC

Market Cap: UK£14.3b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Coles Group

Market Cap: AU$28.1b

Operates as a retailer in Australia.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ71.8b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Terumo

Market Cap: JP¥3.0t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Hana Financial Group

Market Cap: ₩27.9t

Through its subsidiaries, provides financial services in South Korea.

Arca Continental. de

Market Cap: Mex$336.7b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Saudi Awwal Bank

Market Cap: ر.س73.2b

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

Straumann Holding

Market Cap: CHF 14.9b

Provides tooth replacement and orthodontic solutions worldwide.

Coloplast

Market Cap: DKK 120.2b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Bank of Ireland Group

Market Cap: €16.1b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Mora Telematika Indonesia

Market Cap: Rp317.5t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Banco de Sabadell

Market Cap: €16.0b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$98.9b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Alinma Bank

Market Cap: ر.س70.7b

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

Eurobank

Market Cap: €15.7b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Bank of Shanghai

Market Cap: CN¥129.7b

Provides various banking products and services in China.

Uniper

Market Cap: €15.6b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

US Foods Holding

Market Cap: US$18.7b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Insulet

Market Cap: US$18.6b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Mega Financial Holding

Market Cap: NT$584.4b

Provides various financial services in Taiwan.

Associated British Foods

Market Cap: UK£13.5b

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

CEMEX. de

Market Cap: Mex$320.0b

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

Bank of Nanjing

Market Cap: CN¥128.3b

Provides various financial products and services in China.

Rede D'Or São Luiz

Market Cap: R$96.2b

Engages in the provision of hospital services in Brazil.

JDE Peet's

Market Cap: €15.3b

Operates as a coffee and tea company worldwide.

Winbond Electronics

Market Cap: NT$571.5b

Engages in the design, development, manufacture, and marketing of very large scale integration integrated circuits (ICs) for various microelectronic applications in Asia, the Americas, Europe, and internationally.

Koninklijke KPN

Market Cap: €15.2b

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