Japanese Materials Undiscovered Gems With Strong Fundamentals

Araya Industrial

Market Cap: JP¥22.7b

Manufactures and sells steel products in Japan and internationally.

Tokyo Tekko

Market Cap: JP¥50.3b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Taiyo KagakuLtd

Market Cap: JP¥39.5b

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

Konishi

Market Cap: JP¥83.9b

Manufactures and sells synthetic adhesives in Japan.

ISE Chemicals

Market Cap: JP¥182.4b

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

Hokkan Holdings

Market Cap: JP¥27.9b

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

Yamax

Market Cap: JP¥17.9b

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

Mitsubishi Steel Mfg

Market Cap: JP¥26.9b

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

OAT Agrio

Market Cap: JP¥22.0b

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

Tomoku

Market Cap: JP¥55.4b

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

Mitsubishi Paper Mills

Market Cap: JP¥28.2b

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

Mitani Sekisan

Market Cap: JP¥144.7b

Produces and sells concrete products in Japan.

Yushiro

Market Cap: JP¥36.6b

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

Nittetsu Mining

Market Cap: JP¥171.7b

Engages in mining activities in Japan and internationally.

Nihon Nohyaku

Market Cap: JP¥77.9b

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

Neturen

Market Cap: JP¥40.4b

Manufactures and sells steel bars in Japan and internationally.

Takasago International

Market Cap: JP¥139.1b

Manufactures and sells flavors, fragrances, aroma ingredients, and fine chemicals in Japan, the Americas, Europe, and Asia.

Yodoko

Market Cap: JP¥189.2b

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

Rasa Industries

Market Cap: JP¥48.1b

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

Sk KakenLtd

Market Cap: JP¥136.3b

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

TYK

Market Cap: JP¥24.7b

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

Taki Chemical

Market Cap: JP¥30.3b

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

Aichi Steel

Market Cap: JP¥180.5b

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

Dai Nippon Toryo Company

Market Cap: JP¥37.2b

Manufactures and sells coatings and jet inks in Japan and internationally.

Ishihara Chemical

Market Cap: JP¥30.0b

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

Matsumoto Yushi-SeiyakuLtd

Market Cap: JP¥57.4b

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

Gun Ei Chemical Industry

Market Cap: JP¥23.7b

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

Nihon Seiko

Market Cap: JP¥23.7b

Manufactures and sells antimony products and metal powders in Japan.

Koatsu Gas Kogyo

Market Cap: JP¥58.7b

Engages in the gas and chemical products businesses in Japan.

Kohsoku

Market Cap: JP¥56.3b

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

Tokyo Printing Ink Mfg

Market Cap: JP¥18.0b

Manufactures and sells specialty chemicals in Japan and internationally.

Shikoku Kasei Holdings

Market Cap: JP¥121.1b

Engages in the research and development, manufacture, and sale of chemical products and housing materials in Japan and internationally.

KurimotoLtd

Market Cap: JP¥102.6b

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

Nippon Carbide Industries

Market Cap: JP¥22.6b

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

Nippon Fine Chemical

Market Cap: JP¥61.3b

Manufactures and sells fine chemical, cosmetic, and industrial chemical products in Japan and internationally.

Nippon Yakin Kogyo

Market Cap: JP¥61.3b

Manufactures and sells stainless steel sheets and processed products in Japan and internationally.