Global Software Low Leverage High Rewards

HDC Labs

Market Cap: ₩171.4b

Engages in the design, manufacture, installation, and maintenance of systems for building control, industrial process control, and information processing in South Korea, Southeast Asia, and the Middle East.

Startia HoldingsInc

Market Cap: JP¥28.8b

Engages in the IT business in Japan and internationally.

Softcreate Holdings

Market Cap: JP¥47.2b

Through its subsidiaries, provides system integration and other IT-related services in Japan.

Double Standard

Market Cap: JP¥16.9b

A business support company, generates and provides big data solutions for enterprises in Japan.

Pro-Ship

Market Cap: JP¥47.8b

Develops, sells, consults, and customizes solution packages for asset management, sales management, and others in Japan.

Wipro

Market Cap: ₹1.8t

Operates as an information technology (IT), consulting, and business process services company worldwide.

Zuken

Market Cap: JP¥104.2b

A software company, research and development, manufacturing, and sales of solutions related to printed circuit board (PCB) designs, electrical panel and cabinet design, engineering data management, and wire harness designs in Japan, Europe, the United States, and rest of Asia.

PBT Holdings

Market Cap: R639.3m

Provides consulting services to finance, insurance, medical healthcare, retail, telecommunication, and other sectors in South Africa, Europe, Australia, and the United Kingdom.

TDC SOFT

Market Cap: JP¥44.0b

Provides IT consulting services in Japan.

Just Planning

Market Cap: JP¥5.6b

Provides solutions for the food and beverage industry in Japan.

Cross Cat

Market Cap: JP¥13.8b

Engages in information services and related operations in Japan.

Core

Market Cap: JP¥29.2b

Provides information and communication technology services in Japan.

Synclayer

Market Cap: JP¥3.0b

Provides system integration services for CATV network in Japan.

Japan System Techniques

Market Cap: JP¥45.2b

Engages in the software business in Japan and internationally.

Neurones

Market Cap: €903.4m

Provides infrastructure, application, and consulting services in France and internationally.

Amdocs

Market Cap: US$6.2b

Through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide.

dotdigital Group

Market Cap: UK£150.9m

Engages in the provision of intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide.

Ares International

Market Cap: NT$2.3b

Engages in the design, sale, lease, maintenance, and technology consultation of computer equipment, internet, and related software in Taiwan, Asia, and internationally.

Keyware Solutions

Market Cap: JP¥9.6b

Develops and sells information systems for the support of social infrastructure in Japan.

G-Able

Market Cap: ฿3.0b

Provides digital solutions, enterprise business, and IT infrastructure solutions in Thailand.

Mitsubishi Research Institute

Market Cap: JP¥72.3b

Provides research, consulting, and ICT solutions to the public and private sectors in Japan.

I'LL

Market Cap: JP¥55.4b

Operates as a system solution business in Japan.

Base

Market Cap: JP¥56.8b

Engages in the computer software development and related work in Japan.

Ryoyu Systems

Market Cap: JP¥33.8b

Provides design, development, operation and maintenance of information and communication systems for various industries in Japan.

Interactive Digital Technologies

Market Cap: NT$3.8b

Provides telecom, media, information technology (IT) and cloud, and geographical information system related professional consulting and implementation services in Taiwan.

Systango Technologies

Market Cap: ₹3.1b

Provides software solutions in India, the United Kingdom, and the United States.

Systex

Market Cap: NT$39.6b

Provides various IT services for enterprise and government clients in Taiwan and Asia.

Tera Technology

Market Cap: JP¥3.6b

Operates as an information technology consulting company that offers information system design, operation, and maintenance services in Japan.

Mitake Information

Market Cap: NT$2.9b

Provides information software services in Taiwan.

CyberLink

Market Cap: NT$5.3b

A multimedia software and AI facial recognition technology company, develops, designs, and sells video entertainment and media creation software in Taiwan, Japan, South Korea, the United States, and Southeast Asia.

Hexaware Technologies

Market Cap: ₹338.8b

Provides information technology consulting, software development, and business process services worldwide.

Infotel

Market Cap: €283.9m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Tech Mahindra

Market Cap: ₹1.4t

Provides information technology services and solutions in India, the Americas, Europe, and internationally.

ARGO GRAPHICS

Market Cap: JP¥88.8b

Provides technical solutions in Japan.

JapaniaceLtd

Market Cap: JP¥7.7b

Engages in the advanced engineering business in Japan.

ISB

Market Cap: JP¥27.4b

Engages in the provision of embedded software development services for mobile, medical, and automotive applications in Japan.