Kawasumi Laboratories (7703.T)

(A Top Pick October 23, 2017. Down 18%). They make medical supplies, such as catheters. Japanese small-cap stocks were hit hard over the last while by the Trump threats of tariffs against the Japanese auto sector. This company is so cheap that if you take the company’s cash and subtract its liabilities, the result is positive. You are buying the company for free. He has owned 25 of these undervalued Japanese stocks and sees them as buying opportunities. Foreign inflows and outflows have a huge impact on valuations of Japanese stocks. The Trump tariff threats created a huge outflow. The whole Japanese market is taking it on the chin. This is a Warren Buffet dream. End of PAST Top Picks

This is a Japanese golden opportunity. No debt and the share price is trading for less then the amount of cash in accounts receivable. It has been around for over 50 years. In the medical supply business and focused on disposable products. Constant turnover and increasing sales with an aging population globally. Extremely cheap. Dividend yield of 1.8%.