Shinoken seems like a good bet to take.
This is not investment advice. Please read the disclaimer. I might own discussed stock(s) currently or at a later time.
The overall proposition seems rather good to me and I am willing to increase my wager (already own a small position) on the basis of improving earnings quality and an attractive growth vision. Before building a much bigger position, I must get a better feeling for management’s integrity and the share distribution issue, and I want to do more research on the company’s growth prospects and the question if the product does fly. >>Read my note here (pdf).
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I own shares in the mentioned company.