Japanese Capital Goods Healthy potentially undervalued

Kumagai GumiLtd

Market Cap: JP¥242.7b

Operates as a construction company in Japan and internationally.

Miura

Market Cap: JP¥370.9b

Produces and sells boilers 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.

Obayashi

Market Cap: JP¥2.2t

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

Japan Steel Works

Market Cap: JP¥610.6b

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

Sumitomo

Market Cap: JP¥7.7t

Engages in the general trading business.

Takeuchi Mfg

Market Cap: JP¥341.4b

Manufactures and sells construction machinery in Japan and internationally.

AGC

Market Cap: JP¥1.6t

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

Toda

Market Cap: JP¥475.3b

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.