Nomura Says Ship Healthcare, Message Among Top Japan Small Caps

Nomura Holdings Inc. said Ship Healthcare Holdings Inc. and nursing home operator Message Co. are among 10 top small and mid-sized Japanese companies that may have global investor appeal as they benefit from Japan’s growing need for elder care.

The brokerage also picked Yoshinoya Holdings Co. and Zensho Holdings Co. among the top smaller companies. The fast-food chains, which serve beef bowls, may benefit from lower costs as Japan pursues regional trade agreements, Nomura said yesterday in a note to clients.

Nomura also named the following companies as among its picks: Ain Pharmaciez Inc., Lion Corp., Daiken Medical Co., Dr. Ci:Labo Co., UBIC Inc. and PASCO Corp.