Japanese Capital Goods Healthy potentially undervalued

ARCHION

Market Cap: JP¥813.2b

Manufactures and sells commercial vehicles under the FUSO and HINO brands.

Kumagai GumiLtd

Market Cap: JP¥232.9b

Operates as a construction company in Japan and internationally.

Miura

Market Cap: JP¥361.0b

Produces and sells boilers in Japan and internationally.

Obayashi

Market Cap: JP¥2.1t

Engages in the construction business in Japan, North America, Asia and internationally.

ITOCHU

Market Cap: JP¥13.0t

Trades and imports/exports various products worldwide.

Japan Steel Works

Market Cap: JP¥522.0b

Engages in the provision of industrial machinery products, and material and engineering solutions in Japan and internationally.

Takasago Thermal Engineering

Market Cap: JP¥610.7b

Designs, constructs, manufactures, sells, and installs heating, ventilation, and air conditioning (HVAC) systems in Japan and internationally.

AGC

Market Cap: JP¥1.5t

Manufactures and sells architectural glass, electronics, chemicals, automotive, and ceramics worldwide.

Taisei

Market Cap: JP¥2.2t

Engages in the civil engineering, building construction, and real estate development businesses in Japan.

MINEBEA MITSUMI

Market Cap: JP¥1.8t

Manufactures and supplies machined components, electronic devices and components, automotive, and industrial machinery and home security business in Japan and internationally.

Toda

Market Cap: JP¥455.6b

Primarily engages in the construction and civil engineering businesses in Japan and internationally.

Nidec

Market Cap: JP¥3.0t

Develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally.

Hoshizaki

Market Cap: JP¥732.3b

Researches, develops, manufactures, and sells commercial kitchen appliances and equipment in Japan, the United States, Europe, the rest of Asia.