Japanese Capital Goods Undervalued Small Caps

Nitto Boseki

Market Cap: JP¥157.8b

Engages in the manufacture, processing, and sale of textile products and textile-related industrial goods, rock wool and building materials, glass fiber products, and specialty chemicals and medical products in Japan.

Nissei ASB Machine

Market Cap: JP¥71.4b

Engages in the planning, development, manufacturing, and sale of machines that produce PET and other plastic bottles worldwide.

Rheon Automatic Machinery

Market Cap: JP¥32.6b

Develops, manufactures, and supplies a range of food processing machines and factory systems in Japan and internationally.

Nishio Holdings

Market Cap: JP¥106.5b

Engages in the construction machinery rental business in Japan and internationally.

NittoseikoLtd

Market Cap: JP¥21.1b

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.

DAIHEN

Market Cap: JP¥152.0b

Manufactures and sells transformers, welding machines, and industrial and clean transport robots.

Nippon Dry-Chemical

Market Cap: JP¥28.3b

Engages in the design, manufacture, and sale of fire extinguishing equipment, fire engines, security systems, etc.

Meidensha

Market Cap: JP¥193.5b

Engages in the power infrastructure; public, industrial, and commercial sector; mobility and electrical components; field service engineering; and real estate businesses in Japan and internationally.

Ryobi

Market Cap: JP¥67.1b

Operates as a die casting manufacturer in Japan, the United States, China, and internationally.

Makino Milling Machine

Market Cap: JP¥212.4b

Engages in the manufacture and sale of machine tools in Japan, China, rest of Asia, the United States, rest of Americas, Europe, and internationally.

Nisshinbo Holdings

Market Cap: JP¥136.0b

Operates wireless communication, microdevice, automobile brakes, precision instruments, chemicals, textiles, and real estate businesses in China and internationally.

West Holdings

Market Cap: JP¥61.1b

Engages in the renewable energy business in Japan and internationally.