674 Japanese companies priced below their own book value
Listed in Japan and priced below the book value its own balance sheet reports.
Stocks · Non-US shares · Tokyo Stock Exchange (JPX) · Ranked by Price to book in times, lowest first · Rebuilt 2026-11-07 at 10:25 UTC
How this list is built
Price to book is the stored market value over the shareholders' equity on the newest balance sheet the company reported. The screen: companies listed on Tokyo Stock Exchange, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 1,944 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.
The list
50 of 674 companies| # | Company | Market | Sector | Price to book, in timesP/B | Price to book over timeP/B over time | Source |
|---|---|---|---|---|---|---|
| 1 | JPX:6619W-SCOPE Corporation | JPX | Industrials | 0.1x | n/a | Source n/a |
| 2 | JPX:9501Tokyo Electric Power Company Holdings, Incorporated | JPX | Utilities | 0.2x | n/a | Source n/a |
| 3 | JPX:7201Nissan Motor Co., Ltd. | JPX | Consumer Cyclical | 0.2x | n/a | Source n/a |
| 4 | JPX:5932Sankyo Tateyama, Inc. | JPX | Basic Materials | 0.2x | n/a | Source n/a |
| 5 | JPX:5410Godo Steel, Ltd. | JPX | Basic Materials | 0.2x | n/a | Source n/a |
| 6 | JPX:5408Nakayama Steel Works, Ltd. | JPX | Basic Materials | 0.3x | n/a | Source n/a |
| 7 | JPX:5852Ahresty Corporation | JPX | Industrials | 0.3x | n/a | Source n/a |
| 8 | JPX:6464Tsubaki Nakashima Co., Ltd. | JPX | Industrials | 0.3x | n/a | Source n/a |
| 9 | JPX:3863Nippon Paper Industries Co., Ltd. | JPX | Basic Materials | 0.3x | n/a | Source n/a |
| 10 | JPX:8383The Tottori Bank, Ltd. | JPX | Financial Services | 0.3x | n/a | Source n/a |
| 11 | JPX:6986Futaba Corporation | JPX | Industrials | 0.3x | n/a | Source n/a |
| 12 | JPX:4839Wowow Inc. | JPX | Communication Services | 0.3x | n/a | Source n/a |
| 13 | JPX:8699HS Holdings Co., Ltd. | JPX | Financial Services | 0.3x | n/a | Source n/a |
| 14 | JPX:6222Shima Seiki Mfg.,Ltd. | JPX | Industrials | 0.3x | n/a | Source n/a |
| 15 | JPX:6390Kato Works Co.,Ltd. | JPX | Industrials | 0.3x | n/a | Source n/a |
| 16 | JPX:8537The Taiko Bank,Ltd. | JPX | Financial Services | 0.3x | n/a | Source n/a |
| 17 | JPX:5440Kyoei Steel Ltd. | JPX | Basic Materials | 0.3x | n/a | Source n/a |
| 18 | JPX:3109Shikibo Ltd. | JPX | Industrials | 0.3x | n/a | Source n/a |
| 19 | JPX:7414Onoken Co., Ltd. | JPX | Industrials | 0.3x | n/a | Source n/a |
| 20 | JPX:3903gumi Inc. | JPX | Technology | 0.3x | n/a | Source n/a |
| 21 | JPX:543AARCHION Corp. | JPX | Consumer Cyclical | 0.3x | n/a | Source n/a |
| 22 | JPX:6844Shindengen Electric Manufacturing Co.,Ltd. | JPX | Technology | 0.4x | n/a | Source n/a |
| 23 | JPX:8364The Shimizu Bank, Ltd. | JPX | Financial Services | 0.4x | n/a | Source n/a |
| 24 | JPX:6470Taiho Kogyo Co., Ltd. | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 25 | JPX:7294Yorozu Corporation | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 26 | JPX:7261Mazda Motor Corporation | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 27 | JPX:8281Xebio Holdings Co., Ltd. | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 28 | JPX:3350Metaplanet Inc. | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 29 | JPX:4406New Japan Chemical Co., Ltd. | JPX | Basic Materials | 0.4x | n/a | Source n/a |
| 30 | JPX:4548Seikagaku Corporation | JPX | Healthcare | 0.4x | n/a | Source n/a |
| 31 | JPX:6425Universal Entertainment Corporation | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 32 | JPX:7600Japan Medical Dynamic Marketing, Inc. | JPX | Healthcare | 0.4x | n/a | Source n/a |
| 33 | JPX:5970G-Tekt Corporation | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 34 | JPX:8881NISSHIN Group HOLDINGS Company, Limited | JPX | Real Estate | 0.4x | n/a | Source n/a |
| 35 | JPX:5269Nippon Concrete Industries Co., Ltd. | JPX | Basic Materials | 0.4x | n/a | Source n/a |
| 36 | JPX:9405Asahi Broadcasting Group Holdings Corporation | JPX | Communication Services | 0.4x | n/a | Source n/a |
| 37 | JPX:5949Unipres Corporation | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 38 | JPX:9130Kyoei Tanker Co., Ltd. | JPX | Industrials | 0.4x | n/a | Source n/a |
| 39 | JPX:3877Chuetsu Pulp & Paper Co., Ltd. | JPX | Basic Materials | 0.4x | n/a | Source n/a |
| 40 | JPX:8217Okuwa Co., Ltd. | JPX | Consumer Cyclical | 0.4x | n/a | Source n/a |
| 41 | JPX:7915Nissha Co., Ltd. | JPX | Technology | 0.4x | n/a | Source n/a |
| 42 | JPX:8860Fuji Corporation Limited | JPX | Real Estate | 0.4x | n/a | Source n/a |
| 43 | JPX:6317Kitagawa Corporation | JPX | Industrials | 0.4x | n/a | Source n/a |
| 44 | JPX:2168Pasona Group Inc. | JPX | Industrials | 0.4x | n/a | Source n/a |
| 45 | JPX:4569KYORIN Holdings, Inc. | JPX | Healthcare | 0.4x | n/a | Source n/a |
| 46 | JPX:5851Ryobi Limited | JPX | Industrials | 0.4x | n/a | Source n/a |
| 47 | JPX:7181Japan Post Insurance Co., Ltd. | JPX | Financial Services | 0.4x | n/a | Source n/a |
| 48 | JPX:8562The Fukushima Bank, Ltd. | JPX | Financial Services | 0.4x | n/a | Source n/a |
| 49 | JPX:9511Okinawa Electric Power Co. Inc. | JPX | Utilities | 0.4x | n/a | Source n/a |
| 50 | JPX:7231Topy Industries, Limited | JPX | Consumer Cyclical | 0.5x | n/a | Source n/a |
This is the top of the list. The rest is a page away and no plan is needed for it.
Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.
Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.