Japanese Materials Undiscovered Gems With Strong Fundamentals

Hokkan Holdings

Market Cap: JP¥23.5b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Araya Industrial

Market Cap: JP¥22.3b

Manufactures and sells steel products in Japan and internationally.

ISE Chemicals

Market Cap: JP¥127.5b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Konishi

Market Cap: JP¥73.3b

Manufactures and sells synthetic adhesives in Japan.

Tohoku Steel

Market Cap: JP¥14.8b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

Taiyo KagakuLtd

Market Cap: JP¥29.2b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Tokyo Tekko

Market Cap: JP¥48.4b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

KurimotoLtd

Market Cap: JP¥67.5b

Manufactures and sells ductile iron pipes and accessories, valves, industrial equipment and materials, and construction materials in Japan and internationally.

Omni-Plus System

Market Cap: JP¥15.4b

Engages in the manufacturing and distribution of commodity and engineering plastics in Singapore and internationally.

Vertex

Market Cap: JP¥51.2b

Manufactures and sells concrete secondary products in Japan.

Dainichiseika Color & Chemicals Mfg

Market Cap: JP¥53.6b

Dainichiseika Color & Chemicals Mfg. Co., Ltd.

Taisei Lamick Group Head Quarter & InnovationLtd

Market Cap: JP¥15.5b

Taisei Lamick Group Head Quarter & Innovation Co.,Ltd.

Nicca ChemicalLtd

Market Cap: JP¥20.5b

Manufactures and sells surfactants for textile chemicals, metals, pulp and paper, paints, dyes, synthetic resins, and dry and professional cleaning agents in Japan and internationally.

Mitsubishi Steel Mfg

Market Cap: JP¥22.5b

Manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment.

CK SAN-ETSU

Market Cap: JP¥31.2b

Manufactures and sells brass rod and wire products in Japan, China, and Taiwan.

Yamax

Market Cap: JP¥15.0b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

Nasu Denki-Tekko

Market Cap: JP¥15.2b

Manufactures and sells steel towers, steel structures, transportation system materials, overhead wire hardware products, and underground wire materials in Japan.

OAT Agrio

Market Cap: JP¥20.8b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan.

Mitani Sekisan

Market Cap: JP¥123.2b

Produces and sells concrete products in Japan.

Mitsubishi Paper Mills

Market Cap: JP¥27.9b

Develops and sell products in the fields of functional nonwoven fabrics, electronics, medical, and healthcare in Japan, Europe, Asia, North America, and internationally.

Chugai Mining

Market Cap: JP¥15.6b

Chugai Mining Co., Ltd. collects, processes, refines, and retails precious metals in Japan and internationally.

Osaka Steel

Market Cap: JP¥99.9b

Engages in production and sale of steel products for the construction, civil engineering, shipbuilding, steel towers, and industrial machinery manufacturing applications in Japan.

Tomoku

Market Cap: JP¥45.8b

Engages in corrugated container and display carton, housing, and transportation and logistics businesses in Japan and internationally.

Nittetsu Mining

Market Cap: JP¥109.7b

Engages in mining activities in Japan and internationally.

Hakudo

Market Cap: JP¥25.7b

Processes and sells metal and plastic materials in Japan, China, Thailand, and Vietnam.

Asahi PrintingLtd

Market Cap: JP¥18.5b

Engages in the manufacture and sale of printing and packaging materials for the pharmaceutical and cosmetic markets primarily in Japan.

Neturen

Market Cap: JP¥37.2b

Manufactures and sells specialty steel and wire products in Japan and internationally.

Tayca

Market Cap: JP¥31.9b

Manufactures and sells various industrial chemical products in Japan.

Takasago International

Market Cap: JP¥126.9b

Manufactures and sells flavors, fragrances, aroma ingredients, and other fine chemicals.

Toho Chemical Industry Company

Market Cap: JP¥15.0b

Manufactures and sells surfactants, specialty chemicals, resins, and industrial chemicals in Japan and internationally.

Yushiro

Market Cap: JP¥27.5b

Engages in the manufacture and sale of metalworking oils and fluids, and chemicals for building maintenance worldwide.

Yodogawa Steel Works

Market Cap: JP¥162.2b

Manufactures and sells steel products for industrial and consumer products in Japan.

Taki Chemical

Market Cap: JP¥24.8b

Engages in the chemicals, water treatment, and functional materials businesses in Japan.

Aichi Steel

Market Cap: JP¥119.4b

Manufactures and sells steel, forged products, and electro-magnetic products in Japan.

Ishihara Chemical

Market Cap: JP¥26.2b

Engages in the manufacture and sale of chemical products in Japan and internationally.

Rasa Industries

Market Cap: JP¥26.4b

Rasa Industries, Ltd. is involved in the chemicals, machinery, and electronic materials businesses in Japan and internationally.