Undiscovered Gems in Japan to Explore This October 2024
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As Japan's stock markets experience a downturn, with the Nikkei 225 and TOPIX indices both declining, investors are closely watching economic indicators such as easing inflation and fluctuating exports. In this context, identifying overlooked opportunities in Japan's small-cap sector can offer potential for growth, especially when these companies demonstrate resilience through innovative strategies or niche market positions amidst broader economic challenges.
Top 10 Undiscovered Gems With Strong Fundamentals In Japan
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Toho | 69.52% | 2.84% | 55.65% | ★★★★★★ |
| KurimotoLtd | 20.73% | 3.34% | 18.64% | ★★★★★★ |
| Ohashi Technica | NA | 1.57% | -20.55% | ★★★★★★ |
| Toukei Computer | NA | 5.46% | 12.14% | ★★★★★★ |
| Icom | NA | 4.68% | 14.92% | ★★★★★★ |
| Imuraya Group | 26.21% | 2.37% | 32.09% | ★★★★★☆ |
| GENOVA | 0.93% | 33.82% | 30.22% | ★★★★☆☆ |
| Hakuto | 56.93% | 8.02% | 27.72% | ★★★★☆☆ |
| Toho Bank | 98.27% | 0.43% | 22.80% | ★★★★☆☆ |
| FDK | 89.57% | -0.88% | 25.34% | ★★★★☆☆ |
Let's uncover some gems from our specialized screener.
Future
Simply Wall St Value Rating: ★★★★★☆
Overview: Future Corporation offers IT consulting and services mainly in Japan, with a market cap of ￥160.50 billion.
Operations: The company generates revenue through IT consulting and services, with a focus on the Japanese market. Its financial performance is highlighted by a net profit margin of 10.5%, indicating efficient cost management relative to its revenue generation.
Future Corporation, a promising player in Japan's tech sector, has shown impressive financial metrics. Over the past year, earnings grew by 10%, outpacing the IT industry's 10.1% growth rate. The company trades at an attractive valuation, being 44% below its estimated fair value. Despite a rise in its debt to equity ratio from 0.06% to 34.7% over five years, Future maintains more cash than total debt and is free cash flow positive with high-quality earnings reported consistently. With future earnings projected to grow at approximately 14% annually, Future seems poised for continued success in its industry niche.
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Click to explore a detailed breakdown of our findings in Future's health report.
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Examine Future's past performance report to understand how it has performed in the past.
Mitani Sekisan
Simply Wall St Value Rating: ★★★★★★
Overview: Mitani Sekisan Co., Ltd. specializes in the production and sale of concrete products in Japan, with a market capitalization of ￥109.84 billion.
Operations: Mitani Sekisan generates revenue primarily from the production and sale of concrete products in Japan. The company's financial performance is reflected in its market capitalization of ￥109.84 billion.