Japanese Materials Undiscovered Gems With Strong Fundamentals

Taiyo KagakuLtd

Market Cap: JP¥42.7b

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

Tohoku Steel

Market Cap: JP¥33.2b

Manufactures, processes, and distributes various types of special steel products in Japan.

Hokkan Holdings

Market Cap: JP¥27.4b

Through its subsidiaries, engages in the container, filling, and machinery production, and other businesses in Japan and internationally.

Pacific Metals

Market Cap: JP¥39.9b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

ISE Chemicals

Market Cap: JP¥222.2b

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

MORESCO

Market Cap: JP¥17.4b

Manufactures and sells chemical products in Japan, China, Southeast/South Asia, and North America.

Mitsubishi Steel Mfg

Market Cap: JP¥32.4b

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

Nicca ChemicalLtd

Market Cap: JP¥28.1b

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

Mitani Sekisan

Market Cap: JP¥107.1b

Produces and sells concrete products in Japan.

OAT Agrio

Market Cap: JP¥27.0b

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

Achilles

Market Cap: JP¥16.4b

Engages in the manufacture and sale of shoes, plastic products, and industrial materials in Japan and internationally.

Harima Chemicals Group

Market Cap: JP¥24.3b

Primarily manufactures and sells various chemicals in Japan, China, rest of Asia, South and North America, Europe, and internationally.

Nasu Denki-Tekko

Market Cap: JP¥21.1b

Designs, manufactures, and sells electricity, communications, and transportation infrastructure materials in Japan.

Tomoku

Market Cap: JP¥65.3b

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

Nittetsu Mining

Market Cap: JP¥194.0b

Engages in mining activities in Japan and internationally.

Nihon Yamamura Glass

Market Cap: JP¥26.5b

Produces and sells glass bottles and plastic caps in Japan and internationally.

Nihon Nohyaku

Market Cap: JP¥80.5b

Manufactures and sells agricultural chemicals in Japan, the United States, India, rest of Asia, Brazil, and internationally.

Yodoko

Market Cap: JP¥174.1b

Engages in the manufacture and sales of steel products for industrial and consumer products in Japan.

Yushiro

Market Cap: JP¥43.0b

Manufactures and sells metalworking oils and fluids, and building maintenance products in Japan, the Americas, the United States, China, Southeast Asia, and India.

TYK

Market Cap: JP¥31.1b

Engages in the manufacture and sale of functional refractories and ceramics worldwide.

Tokushu Tokai Paper

Market Cap: JP¥61.3b

Manufactures, processes, and sells paper products in Japan.

Ishihara Chemical

Market Cap: JP¥35.5b

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

Taki Chemical

Market Cap: JP¥42.0b

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

Chuetsu Pulp & Paper

Market Cap: JP¥25.1b

Produces, processes, and sells paper, pulp, and related by-products in Japan and internationally.

Rasa Industries

Market Cap: JP¥74.2b

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

Aichi Steel

Market Cap: JP¥181.9b

Manufactures and sells steel materials, forged products, electronic functional materials and components, and magnetic products in Japan, the United States, Thailand, China, and internationally.

Sumitomo Seika Chemicals Company

Market Cap: JP¥85.3b

Sumitomo Seika Chemicals Company, Limited.

Fujikura Kasei

Market Cap: JP¥29.7b

Provides various coatings and painting materials in Japan and internationally.

Gun Ei Chemical Industry

Market Cap: JP¥29.5b

Manufactures and sells synthetic resins and fibers in Japan and internationally.

Sk KakenLtd

Market Cap: JP¥133.8b

Manufactures and sells organic and inorganic water-based coating materials, synthetic resin paints, inorganic coating materials, and inorganic building materials in Japan and internationally.

Matsumoto Yushi-SeiyakuLtd

Market Cap: JP¥61.0b

Manufactures and markets fiber and textile chemicals, microcapsules, various surfactants, and high polymer based products in Japan and Indonesia.

Nihon Seiko

Market Cap: JP¥16.1b

Manufactures and sells antimony products and metal powders in Japan.

Kohsoku

Market Cap: JP¥55.5b

Kohsoku Corporation is involved in the manufacture and sale of light food packaging materials in Japan.

Tokyo Printing Ink Mfg

Market Cap: JP¥16.0b

Manufactures and sells specialty chemicals in Japan.

Shinagawa Refra

Market Cap: JP¥87.9b

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

Nippon Carbide Industries

Market Cap: JP¥29.5b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.