At a 26.8% discount to its trading range after listing in 2000, when its NTA was just ¥550 & its revenue having increased 43% in the last quarter century, I figured Nichidai ニチダイ was a good purchase 7 years after it was ramped furiously from ¥600 to an all-time zenith of ¥3980 & has deflated 91% since then, while said NTA has more than doubled [ & 54% higher than the ¥787 figure in '12] & CAR has improved from 41% in 2003 to over 72% now [ & 43% higher than the 52.4% in '12], accompanied by a 30% increase in total assets. 
Nichidai when it re-wrote its '06 record of ¥1,600 in early '18 & subsequent plummet, where it traded slightly more than its entire issued share count on 28th Mar '18!
On the flip side, ROE has gone from 8% to below 1% while dividend has shrunk by almost 2/3rds to ¥6 per share & its full-year EPS is projected to be -ve ¥26.2 but is still less than half the quantum of loss in '22 & '23. I'm guessing that with net cash at ¥145 per share & Grahamian net-net at ¥406 per share, there is limited downside despite the, hopefully temporary, -ve quarterly operating cashflow.
As for the latter two, I bought them betting that investors would eventually chase the prices up approaching the Dec 29th 2025 ex-dividend dates, with a 9-week runway to accommodate the ascent, the October danger period being almost in the rearview mirror and the Nikkei index in a superbull phase, beating any major developed market index since July!
Rokko Butter has been in business since Dec 1948 yet strangely has never produced actual butter in-house, but is 95% into milk-derivative cheesemaking. Mitsubishi has been a 15% shareholder for a long time & was engaged in expanding the sales network 66 years ago. Forecast EPS for the coming year is 15% higher & its CAR went over 60% last year while maintaining total assets at over ¥ 50 billion.
Seiwa Chuo is in steel trading focused on construction, and the share price, at its stratospheric height in July 2007 touched ¥ 24,000, when its predecessor, Osaka-based Seiwa Kogyo, merged with eastern Japan-based Chuo Kozai, up from ¥ 381 in 2004 when the former's results were already improving tremendously. Book value per share has advanced from just below ¥ 2,000 over 2 decades ago to ¥ 3,991 now & is trading just above its post-listing high of ¥1,550 in 1997, with lows of ¥ 203 & ¥ 1,248 separated by 24 years [ '00 & '24 ],
After narrowly missing out on buying it in the ¥1,300 range last year, I still had luck in snagging a hundred shares at ¥ 1,568 [ -4.68% ] on 27th Oct when some random person dumped a thousand down to as low as ¥1,550 & almost as abruptly, 9/10 of that amount was picked up from ¥1,628 to a closing high of ¥1,660; the stock hasn't traded a single unit since 300 shares changed hands between ¥1,620 & ¥1,660 on the 29th.
Local trading ideas: Menang, NHFatt, MUH, TGuan, GCB, Minho, Gadang, KYM, Coastal, Danco, Success, Wong, CTOS, Power
