Japanese Software Defensive Blue Chips

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Santander Bank Polska

Market Cap: zł56.6b

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

Saudi Electricity

Market Cap: ر.س60.0b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Grupo Financiero Inbursa. de

Market Cap: Mex$275.3b

Provides various financial products and services to individuals and businesses in Mexico.

Banco Comercial Português

Market Cap: €13.3b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥110.1b

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

Bank Polska Kasa Opieki

Market Cap: zł55.9b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Unipol Assicurazioni

Market Cap: €13.2b

Provides insurance products and services primarily in Italy.

Zimre Holdings

Market Cap: US$2.0b

Provides insurance, reinsurance, reassurance, and property management and development services in Zimbabwe, Botswana, Malawi, Mozambique, and Zambia.

Cooper Companies

Market Cap: US$15.8b

Develops, manufactures, and markets contact lens wearers.

East West Bancorp

Market Cap: US$15.7b

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.

Punjab National Bank

Market Cap: ₹1.4t

Provides various banking and financial products and services in India and internationally.

Tower Semiconductor

Market Cap: US$15.6b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Woori Financial Group

Market Cap: ₩22.3t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Shanghai United Imaging Healthcare

Market Cap: CN¥107.5b

Shanghai United Imaging Healthcare Co., Ltd.

Xi'an ESWIN Material Technology

Market Cap: CN¥107.0b

Xi'an ESWIN Material Technology Co., Ltd.

WH Group

Market Cap: HK$120.1b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Hippo Valley Estates

Market Cap: US$2.0b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

BE Semiconductor Industries

Market Cap: €12.8b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Performance Food Group

Market Cap: US$15.3b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Phison Electronics

Market Cap: NT$479.7b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥106.1b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Turkiye Garanti Bankasi

Market Cap: ₺662.3b

Provides various banking products and services in Turkey.

Bankinter

Market Cap: €12.7b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Telecom Italia

Market Cap: €12.7b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Jerónimo Martins SGPS

Market Cap: €12.6b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

SDIC Power Holdings

Market Cap: CN¥104.1b

Engages in the electricity generation business in China.

Hua Nan Financial Holdings

Market Cap: NT$469.7b

Provides financial services in Taiwan and internationally.

ASR Nederland

Market Cap: €12.5b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Tokyo GasLtd

Market Cap: JP¥2.3t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Union Bank of India

Market Cap: ₹1.4t

Provides banking products and services in India.

Wens Foodstuff Group

Market Cap: CN¥103.5b

Operates as an agricultural and animal husbandry company in China.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Hua Xia Bank

Market Cap: CN¥102.7b

Provides commercial banking services in China and Hong Kong.