Global Media Low Leverage High Rewards

Shandong Publishing&MediaLtd

Market Cap: CN¥19.5b

Engages in the publication of textbooks and supplementary materials, general books, periodicals, electronic audio-visual products, and digital products in China.

KX Innovation

Market Cap: ₩175.9b

Provides broadcasting transmission and channel services.

ExtremeLtd

Market Cap: JP¥7.1b

Engages in the digital human resource, contract development, and content property businesses in Japan.

FAN Communications

Market Cap: JP¥34.1b

Develops Internet advertising related businesses in Japan.

Oricom

Market Cap: ₩69.8b

Provides advertisement services.

PIXTA

Market Cap: JP¥1.7b

Operates an online marketplace site of stock photos, illustrations, vectors, and footage in Japan.

High

Market Cap: €94.4m

Provides consumer engagement chain solutions in France, Belgium, and Spain.

Klassik Radio

Market Cap: €15.4m

Operates radio broadcasting stations primarily in Germany.

Digital Holdings

Market Cap: JP¥27.6b

Provides advertising agency services in Japan and internationally.

Tose

Market Cap: JP¥5.2b

Plans, develops, and operates home video game software, and mobile and internet content in Japan.

Ipsos

Market Cap: €1.7b

Through its subsidiaries, provides survey-based research services for companies and institutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Bloomsbury Publishing

Market Cap: UK£404.3m

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books publishing for children, general reader, teachers, students, researchers, libraries, researchers, and professionals worldwide.

i-mobileLtd

Market Cap: JP¥36.0b

Engages in the Internet advertising business in Japan.

Enjin

Market Cap: JP¥5.8b

Provides public relation (PR) support services for corporations/managers and medical institutions/doctors.

Daiichikosho

Market Cap: JP¥182.5b

Engages in the sale and rental of commercial karaoke systems in Japan.

Hanoi Education Development and Investment JSC

Market Cap: ₫399.0b

Hanoi Education Development and Investment JSC organizes, edits, prints, and publishes textbooks, supplementary books, and reference books in Vietnam.

SKY Network Television

Market Cap: NZ$428.2m

An entertainment company, provides sport and entertainment media services, and telecommunications services in New Zealand.

ITmedia

Market Cap: JP¥32.8b

Engages in the development and operation of Internet-only media providing information on various topics in Japan.

Activation Group Holdings

Market Cap: HK$782.0m

An investment holding company, provides integrated marketing solutions in Mainland China, Hong Kong, and Singapore.

MIXI

Market Cap: JP¥221.3b

Engages in the sports, digital entertainment, lifestyle, and investment businesses in Japan.

Tohokushinsha Film

Market Cap: JP¥95.0b

Operates as media business company in Japan.

Southern Publishing and MediaLtd

Market Cap: CN¥12.6b

Southern Publishing and Media Co., Ltd. operates as a publishing company in China.

Gyldendal

Market Cap: DKK 953.7m

Gyldendal A/S publishes and sells books in Denmark.

Kino Polska TV Spolka Akcyjna

Market Cap: zł356.8m

Operates as a media company in Poland and internationally.

RCS MediaGroup

Market Cap: €526.7m

Provides multimedia publishing services in Italy, Spain, and internationally.

Publicis Groupe

Market Cap: €20.3b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

Hakuten

Market Cap: JP¥10.2b

Provides contact point communications development and marketing solutions in Japan.

Zhejiang Daily Digital Culture GroupLtd

Market Cap: CN¥19.9b

Operates as an internet digital cultural company in China and internationally.

Aidma Marketing Communication

Market Cap: JP¥3.3b

Provides marketing support services in the fields of distribution and retail sectors in Japan.