Japanese Capital Goods Undiscovered Gems With Strong Fundamentals

Techno Ryowa

Market Cap: JP¥69.6b

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

Kondotec

Market Cap: JP¥37.1b

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

Komori

Market Cap: JP¥76.8b

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

Chudenko

Market Cap: JP¥183.3b

Operates as an equipment engineering company in Japan.

Otec

Market Cap: JP¥20.4b

Trades pipework equipment in Japan.

Togami Electric Mfg

Market Cap: JP¥16.8b

Engages in manufacturing and sale of power distribution and control equipment in Japan.

Nikko

Market Cap: JP¥26.1b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Nippon Sharyo

Market Cap: JP¥30.2b

Engages in the manufactures and sale of railway rolling stock, transportation equipment, steel structures, and construction equipment; and engineering and other activities in Japan, the United States, Asia, and internationally.

Techno Smart

Market Cap: JP¥18.5b

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

Tsubakimoto Kogyo

Market Cap: JP¥41.7b

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

Maezawa Kasei Industries

Market Cap: JP¥28.0b

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

Tanabe Engineering

Market Cap: JP¥21.8b

Engages in plant construction and machinery production activities in Japan.

Seibu Electric & Machinery

Market Cap: JP¥28.9b

Manufactures and sells mechatronics in Japan.

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥25.9b

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

MEISEI INDUSTRIALLtd

Market Cap: JP¥69.7b

Operates as a construction works company in Japan and internationally.

Sansei Technologies

Market Cap: JP¥28.2b

Plans, designs, manufactures, installs, repairs, and maintains amusement rides, stage equipment, elevators, and other designed equipment in Japan and internationally.

Sata Construction

Market Cap: JP¥18.2b

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

Hokuriku Electrical ConstructionLtd

Market Cap: JP¥34.0b

Hokuriku Electrical Construction Co.,Ltd.

Katakura IndustriesLtd

Market Cap: JP¥69.2b

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

Miyaji Engineering GroupInc

Market Cap: JP¥48.4b

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

Asahi Kogyosha

Market Cap: JP¥55.5b

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

Teikoku Sen-i

Market Cap: JP¥70.2b

Manufactures and sells disaster prevention products and equipment in Japan.

Fukuda

Market Cap: JP¥41.6b

Operates in the construction business.

Trinity Industrial

Market Cap: JP¥17.0b

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

Kyokuto Kaihatsu KogyoLtd

Market Cap: JP¥97.4b

Manufactures and sells special purpose vehicles, environmental equipment and systems, and car parking systems in Japan.

Matsui Construction

Market Cap: JP¥31.7b

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

Mitani

Market Cap: JP¥175.3b

Engages in the information system, construction, energy, and other businesses in Japan and internationally.

WakitaLTD

Market Cap: JP¥86.6b

Operates construction equipment, trading, and real estate businesses in Japan.

Kanaden

Market Cap: JP¥39.4b

Operates as an electronics solutions company in Japan and internationally.

Namura Shipbuilding

Market Cap: JP¥141.7b

Engages in the manufacture and sale of ships, machinery, and steel structures worldwide.

Tenryu Saw Mfg

Market Cap: JP¥16.9b

Manufactures and sells saw blades in Japan and internationally.

Nippon SeisenLtd

Market Cap: JP¥33.6b

Manufactures and sells stainless steel wires in Japan and internationally.

Daisue Construction

Market Cap: JP¥23.1b

Operates as a construction company in Japan.

Kodensha

Market Cap: JP¥19.9b

Engages in the construction business in Japan.

Soda Nikka

Market Cap: JP¥24.5b

Engages in the trading of chemicals in Japan and internationally.

Yurtec

Market Cap: JP¥135.1b

Operates as a facility engineering company in Japan and internationally.