Japanese Capital Goods Undiscovered Gems With Strong Fundamentals

Komori

Market Cap: JP¥80.4b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Nippon Sharyo

Market Cap: JP¥44.7b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Tsubakimoto Kogyo

Market Cap: JP¥49.8b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Chudenko

Market Cap: JP¥215.8b

Operates as an equipment engineering company in Japan.

Techno Ryowa

Market Cap: JP¥110.1b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Maezawa Kasei Industries

Market Cap: JP¥31.7b

Produces and sells water and sewerage related products, and environmental equipment.

Nice

Market Cap: JP¥21.7b

Imports, distributes, and sells building materials for housing in Japan and internationally.

Kondotec

Market Cap: JP¥43.4b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Otec

Market Cap: JP¥28.2b

Trades pipework equipment in Japan.

Techno Smart

Market Cap: JP¥23.4b

Provides liquid crystal-related film and cast film manufacturing devices.

Subaru Enterprise

Market Cap: JP¥45.6b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

Ebara JitsugyoLtd

Market Cap: JP¥52.4b

Manufactures and sells environment related products in Japan.

NANYO

Market Cap: JP¥17.0b

Operates as a general machinery trading company in Japan and internationally.

Trinity Industrial

Market Cap: JP¥18.8b

Designs, manufactures, sells, and installs coating plants, machinery, and industrial equipment in Japan.

Sata Construction

Market Cap: JP¥17.1b

Engages in the contracting and investigation, planning and designing, and supervision of civil engineering and other construction works in Japan.

Alinco

Market Cap: JP¥21.6b

Develops, manufactures, and sells scaffolding equipment in Japan and internationally.

Tanabe Engineering

Market Cap: JP¥25.0b

Engages in plant construction and machinery production activities in Japan.

Matsui Construction

Market Cap: JP¥42.4b

Engages in the civil engineering, designing, supervising, and construction business in Japan.

Hokuriku Electrical ConstructionLtd

Market Cap: JP¥41.3b

Hokuriku Electrical Construction Co.,Ltd.

Shinnihon

Market Cap: JP¥107.3b

Operates as a construction company in Japan.

Miyaji Engineering GroupInc

Market Cap: JP¥54.3b

Through its subsidiaries, engages in the construction and civil engineering activities in Japan.

Asahi Kogyosha

Market Cap: JP¥78.3b

Primarily engages in the air-conditioning and sanitation installation works in Japan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥79.2b

Operates as a construction works company in Japan and internationally.

Katakura IndustriesLtd

Market Cap: JP¥86.6b

Engages in the textiles, pharmaceuticals, machinery, real estate, and other businesses in Japan.

Obara Group

Market Cap: JP¥67.1b

Engages in the manufacture and sale of resistance welder, arc welder, laser equipment, polisher, cleaner/washer, and consumables in Japan and internationally.

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥30.2b

Designs, manufactures, and sells water supply equipment in Japan.

InabataLtd

Market Cap: JP¥188.2b

Engages in information and electronics, chemicals, life industry, and plastics businesses in Japan and internationally.

Sansei Technologies

Market Cap: JP¥40.4b

Plans, designs, manufactures, installs, repairs, and maintains amusement rides, stage equipment, elevators, and other designed equipment in Japan, North America, the United States, Europe, and Asia.

DN HoldingsLtd

Market Cap: JP¥16.5b

Engages in the construction consulting and geological survey businesses in Japan.

Kitagawa

Market Cap: JP¥15.6b

Manufactures and supplies synthetic metals, machine tool accessories, and industrial machinery in Japan and internationally.

Seibu Electric & Machinery

Market Cap: JP¥32.6b

Manufactures and sells mechatronics in Japan.

Kawasaki Setsubi Kogyo

Market Cap: JP¥28.5b

Engages in the construction business in Japan.

Aichi Electric

Market Cap: JP¥51.7b

Engages in the manufacture and sale of electric power products in Japan and internationally.

DMW

Market Cap: JP¥21.4b

Engages in the manufacture and sale of fluid machinery in Japan and internationally.

Yamaura

Market Cap: JP¥28.1b

Operates as a construction company in Japan.

Kodensha

Market Cap: JP¥22.0b

Engages in the construction business in Japan.