November 24, 2024
Undiscovered Gems In Japan To Explore October 2024 #JapanFinance

Undiscovered Gems In Japan To Explore October 2024 #JapanFinance

CashNews.co

As Japan’s stock markets recently experienced a downturn, with the Nikkei 225 and TOPIX indices both declining amid election uncertainty, investors are increasingly interested in identifying resilient opportunities within this challenging environment. In such conditions, stocks that demonstrate strong fundamentals, adaptability to economic shifts, and potential for growth despite broader market volatility can be particularly appealing for those exploring undiscovered gems in Japan.

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Kurimoto Ltd

20.73%

3.34%

18.64%

★★★★★★

Nippon Denko

18.00%

4.31%

48.41%

★★★★★★

HeadwatersLtd

THAT

19.26%

23.89%

★★★★★★

Innotech

38.96%

7.08%

6.36%

★★★★★☆

Nikko

31.99%

4.24%

-8.75%

★★★★★☆

AJIS

0.69%

0.07%

-12.44%

★★★★★☆

Marusan Securities

5.33%

1.01%

10.00%

★★★★★☆

Kappa Create

74.42%

-0.45%

3.62%

★★★★★☆

Toyo Kanetsu KK

47.92%

2.34%

15.44%

★★★★☆☆

GENOVA

0.93%

33.82%

30.22%

★★★★☆☆

Click here to see the full list of 723 stocks from our Japanese Undiscovered Gems With Strong Fundamentals screener.

Let’s uncover some gems from our specialized screener.

Simply Wall St Value Rating: ★★★★★★

Overview: Sumitomo Densetsu Co., Ltd. is a construction company with operations in Japan and several Southeast Asian countries, including Indonesia, Thailand, Cambodia, Myanmar, the Philippines, China, and Malaysia; it has a market capitalization of approximately ¥164.28 billion.

Operations: Sumitomo Densetsu generates revenue primarily from its Utilities Engineering Service segment, which accounted for ¥182.44 billion.

Sumitomo Densetsu, a relatively small player in Japan’s construction sector, has demonstrated robust financial health with its debt to equity ratio improving from 3.8% to 2% over the last five years. The company reported an impressive earnings growth of 33.5% in the past year, outpacing the broader industry growth of 26.9%. Despite recent share price volatility, Sumitomo boasts high-quality earnings and positive free cash flow, underlining its operational efficiency and financial stability. Looking ahead, modest annual earnings growth of 0.56% is anticipated as it continues navigating market dynamics adeptly.

TSE:1949 Earnings and Revenue Growth as at Oct 2024
TSE:1949 Earnings and Revenue Growth as at Oct 2024

Simply Wall St Value Rating: ★★★★★★

Overview: SAKURA Internet Inc. offers cloud computing services in Japan and has a market capitalization of ¥202.30 billion.

Operations: SAKURA Internet generates revenue primarily through its cloud computing services in Japan. The company’s market capitalization stands at ¥202.30 billion.

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