Japanese Microcaps with very low valuations

[Quickbeam]

Likely japanese brokers.. I cant access them either.

[psslo]

Not sure if you can find any clues here:

https://www.kenkyoinvesting.com/2017/12/...-exchange/

https://www.kenkyoinvesting.com/2017/12/...-exchange/

[MarginofSafety]

Thanks for the help guys!

[oinkoink1999]

Hi all,
I'm glad to see a thread on Jap stocks. Just curious, I realized many of these small to mid cap counters have very low trading volume. Any problems selling them ? I assume these counter has a wider bid/ask spread and wont have much liquidity compared to main caps or blue chips?

Thanks for the advice.

oinkoink

[TTTI]

Hi all,
      I'm glad to see a thread on Jap stocks. Just curious, I realized many of these small to mid cap counters have very low trading volume. Any problems selling them ? I assume these counter has a wider bid/ask spread and wont have much liquidity compared to main caps or blue chips?

Thanks for the advice.

oinkoink

It must be micro caps that you're talking about then.
With my limited experience with Jap small cap stocks, I didn't have much problems with liquidity, and/or the spread.
In fact, I think the Topix probably has a much larger captive audience compared to SGX, so liquidity should be better.

[oinkoink1999]

Thanks for the advice. Nikkei seems to be on the downtrend. I will keep a watch on those counters that are shared here. Cheers~!

[adrivalue]

Hi all, thank you all for these deep ideas from Japan. I become interested in this country after I saw an impressive total return in a small spanish investment fund (Japan Deep Value) with +37% after fees in 2017. I have an Excel with its holdings but there are 42 positions, if you want I could paste them there, or maybe the Top #10, as you prefer.

[Quickbeam]

Yes a top 10 would be great.

[MarginofSafety]

Did some googling, and I believe this is the one adrivalue is talking about? Holdings are at the bottom.

https://gesiuris.com/wp-content/uploads/...-JAPAN.pdf

[adrivalue]

Exactly! , gratefully for small investors the market regulator in Spain (CNMV) requires them to publish some info of his portfolio as its positions, market value, %... Japan Deep Value Top #10 positions are:

• JP3805600008 FUKUDA CORPORATION
  
• JP3604400006 TOHOKUSHINSHA FILM
  
• JP3718600004 NJS CO LTD
  
• JP3875610002 MARUZEN CO LTD
  
• JP3213300001 KATO SANGYO CO LTD
  
• JP3424400004 SENSHU ELECTRIC
  
• JP3936800006 YAMAZEN CORP
  
• JP3767810009 HAZAMA ANDO CORP
  
• JP3644000006 NAKANO REFRIGERATORS
  
• JP3108200001 AGROKANESHO CO
  

In Q4 2017 they bought more shares on Fukuda Corp, Tohokushinsha and Nakano Refrigerators, the another 7 positions were slightly reduced.