Japanese Materials Undervalued Small Caps

KH Neochem

Market Cap: JP¥91.7b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Nippon Carbide Industries

Market Cap: JP¥17.4b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Adeka

Market Cap: JP¥286.5b

Engages in chemicals, food products, and life science businesses.

Asahi Yukizai

Market Cap: JP¥76.1b

Engages in the piping and foundry materials, resins, and water treatment and natural resources exploitation businesses in Japan.

PILLAR

Market Cap: JP¥87.1b

Designs, develops, manufactures, and sells various fluid control equipment in Japan.

OSAKA Titanium technologiesLtd

Market Cap: JP¥52.2b

Manufactures and sells titanium products.

Soken Chemical & Engineering

Market Cap: JP¥24.9b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

Topy Industries

Market Cap: JP¥50.6b

Engages in the steel, automotive, industrial machinery components, and other businesses in Japan.

Tokuyama

Market Cap: JP¥219.4b

Produces and sells various chemical products in Japan.