Japanese Capital Goods Healthy potentially undervalued

Kumagai GumiLtd

Market Cap: JP¥221.4b

Operates as a construction company in Japan and internationally.

Nitto Boseki

Market Cap: JP¥576.1b

Manufactures, processes, and sells glass fiber, chemical and pharmaceutical, and textile products in Japan.

Obayashi

Market Cap: JP¥2.1t

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

Miura

Market Cap: JP¥370.6b

Produces and sells boilers in Japan and internationally.

AGC

Market Cap: JP¥1.3t

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

Makita

Market Cap: JP¥1.4t

Engages in the production and sales of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Central and South America, Oceania, The Middle East, and Africa.

Sanwa Holdings

Market Cap: JP¥762.8b

Through its subsidiaries, manufactures and sells construction metal products for commercial and residential buildings in Japan, North America, Europe, and Asia.

Takeuchi Mfg

Market Cap: JP¥353.4b

Engages in development, manufacture, and sales of construction machinery in Japan, the United States, the United Kingdom, France, and China.

Nissei ASB Machine

Market Cap: JP¥141.2b

Engages in the planning, development, manufacturing, and distribution of production machines for PET and other plastic bottles worldwide.

Kajima

Market Cap: JP¥2.3t

Engages in civil engineering, building construction, real estate development, architectural and civil engineering design, engineering and other businesses.

Nidec

Market Cap: JP¥3.2t

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

MINEBEA MITSUMI

Market Cap: JP¥1.5t

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