Japanese Capital Goods Healthy potentially undervalued

Kumagai GumiLtd

Market Cap: JP¥240.8b

Operates as a construction company in Japan and internationally.

Miura

Market Cap: JP¥364.8b

Produces and sells boilers in Japan and internationally.

Obayashi

Market Cap: JP¥2.2t

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.It operates through eight segments: Textile, Machinery, Metals & Minerals, Energy & Chemicals, Food, General Products & Realty, ICT & Financial Business, and The 8th.

Japan Steel Works

Market Cap: JP¥570.3b

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

Takeuchi Mfg

Market Cap: JP¥341.8b

Manufactures and sells construction machinery in Japan and internationally.

Kajima

Market Cap: JP¥2.8t

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

Takasago Thermal Engineering

Market Cap: JP¥609.4b

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.

Hoshizaki

Market Cap: JP¥728.5b

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

Toda

Market Cap: JP¥468.3b

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

MINEBEA MITSUMI

Market Cap: JP¥1.9t

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