Global Media Low Leverage High Rewards

INTAGE HOLDINGS

Market Cap: JP¥73.2b

Operates as a marketing research company in Japan and internationally.

Navneet Education

Market Cap: ₹29.7b

Navneet Education Limited, together with its subsidiaries, publishes state board books in India, North and Central America, Africa, Europe, and internationally.

Autotrader Group

Market Cap: UK£4.1b

Operates an automotive platform in the United Kingdom.

IMS

Market Cap: zł87.9m

Primarily provides sensory marketing services in Poland.

Scholastic

Market Cap: US$789.2m

Scholastic Corporation, together with its subsidiaries, publishes and distributes children’s books in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, Asia, and internationally.

Yellow Pages

Market Cap: CA$176.8m

Through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada.

Cairo Communication

Market Cap: €281.2m

Operates as a communication company in Italy and Spain.

NIFTY Lifestyle

Market Cap: JP¥8.4b

Provides action support platforms and solutions in Japan.

Gendai Agency

Market Cap: JP¥5.2b

Engages in planning and production of advertising and promotion services in Japan.

Asahi Broadcasting Group Holdings

Market Cap: JP¥35.0b

Engages in the television and radio broadcasting activities in Japan and internationally.

Ray

Market Cap: JP¥6.6b

Engages in the video production business in Japan.

GMO Media

Market Cap: JP¥6.9b

Together with its subsidiary, GMO Beauty, Inc., engages in the media, solutions, and content businesses in Japan, Singapore, and internationally.

Soft-World International

Market Cap: NT$14.9b

Develops, operates, and distributes games in Taiwan and China.

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing and advertising solutions worldwide.

Nintendo

Market Cap: JP¥8.9t

Develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally.

Rightmove

Market Cap: UK£3.4b

Operates property portal in the United Kingdom and internationally.

J-Stream

Market Cap: JP¥8.9b

Engages in planning, production, licensing, and sale of various digital content and publications in Japan.

Pico Far East Holdings

Market Cap: HK$2.9b

An investment holding company, engages in the brand experience activation; meeting architecture activation; museum and themed entertainment; and related businesses.

Vector

Market Cap: JP¥83.3b

Engages in the public relations (PR) and advertising businesses in Japan, China, and internationally.

Akatsuki

Market Cap: JP¥36.7b

Engages in the entertainment, lifestyle, and solutions businesses in Japan.

Koei Tecmo Holdings

Market Cap: JP¥537.7b

Operates as an entertainment company in Japan, North America, Europe, Asia, and internationally.

Macbee Planet

Market Cap: JP¥15.0b

Engages in the advertising business in Japan.

HS Ad

Market Cap: ₩104.4b

Operates as an advertising and marketing communications company in Korea and internationally.

Seni Jaya Corporation Berhad

Market Cap: RM 136.1m

An investment holding company, provides media and production services for indoor and outdoor advertising in Malaysia.

Tongdao Liepin Group

Market Cap: HK$1.1b

An investment holding company, provides talent acquisition services in the People’s Republic of China.

Jiangsu Phoenix Publishing & Media

Market Cap: CN¥25.5b

Engages in the editing, publishing, and distribution of books, newspapers, electronic publications, and audio-visual products in China.

NZME

Market Cap: NZ$200.4m

Engages in the integrated media and entertainment business in New Zealand.

NEXON

Market Cap: JP¥2.0t

Engages in the production, development, and distribution of video games and mobile games in Japan and internationally.

GREE Holdings

Market Cap: JP¥69.1b

Engages in the gaming business in Japan and internationally.

Sun TV Network

Market Cap: ₹200.5b

Engages in producing and broadcasting satellite television and radio software programming in the regional languages.

Insight

Market Cap: JP¥617.9m

Provides sales promotions and marketing plans for the real estate industry in Japan.

D. B

Market Cap: ₹37.2b

Engages in the business of publishing newspapers, radio broadcasting, and digital platforms for news and event management in India and internationally.

Hacksaw

Market Cap: SEK 21.2b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

Fabrity

Market Cap: zł72.6m

Engages in the production of technological solutions in Poland.

Qwamplify

Market Cap: €8.4m

Engages in the provision of digital marketing solutions in France.

Dafeng TV

Market Cap: NT$6.5b

Engages in cable television system and broadband business in Taiwan.