Japanese Capital Goods Undervalued Small Caps

Nireco

Market Cap: JP¥17.0b

Provides process control, Web control, and inspection systems in Japan.

NittoseikoLtd

Market Cap: JP¥28.5b

Manufactures and sells industrial fasteners and tools, industrial machinery and precision equipment, measurement and control equipment, and medical equipment in Japan, rest of Asia, and internationally.

Trusco Nakayama

Market Cap: JP¥159.6b

Engages in the wholesale of work, measuring, and cutting tools; and auxiliary materials in Japan and internationally.

West Holdings

Market Cap: JP¥66.5b

Engages in the renewable energy business in Japan and internationally.

Seiko Electric

Market Cap: JP¥30.6b

Operates in the field of power system, and environmental energy and control system in Japan.

Tokyu Construction

Market Cap: JP¥166.0b

Engages in the civil engineering and building construction businesses in Japan.