Japanese Capital Goods Strong Past Earnings Growth, P/E Ratio Below 20

ITOCHU

Market Cap: JP¥11.1t

Engages in trading and importing/exporting various products worldwide.

Obayashi

Market Cap: JP¥1.7t

Engages in the construction business in Japan, North America, Asia, the Middle East, Europe, and Oceania.

Fuji Electric

Market Cap: JP¥1.4t

Develops power semiconductors and electronics solutions in Japan and internationally.

Sanwa Holdings

Market Cap: JP¥1.0t

Through its subsidiaries, manufactures and sells steel construction materials for commercial and residential construction in Japan, North America, Europe, and Asia.

EXEO Group

Market Cap: JP¥438.4b

Engages in telecommunications, civil engineering, construction, electric equipment, system solutions, and renewable energy business in Japan.

Miura

Market Cap: JP¥339.7b

Produces and sells boilers in Japan and internationally.

Toda

Market Cap: JP¥305.3b

Primarily engages in the building construction and civil engineering businesses in Japan and internationally.

Meidensha

Market Cap: JP¥273.1b

Engages in the power infrastructure; public, industrial, and commercial sector; mobility and electrical components; field service engineering; and real estate businesses in Japan and internationally.

Hanwa

Market Cap: JP¥247.2b

Trades in steel, metals and alloys, nonferrous metals, food products, petroleum and chemicals, lumber, machinery, and other products in Japan and internationally.

Fuji

Market Cap: JP¥238.9b

Manufactures and sells machines and machine tools in Japan.

Nitto Boseki

Market Cap: JP¥222.4b

Engages in the manufacture, processing, and sale of textile products; glass fiber products; chemical products and pharmaceutical products; planning, supervision, and contracting for construction; and design, manufacture, and sale of machinery and equipment in Japan.

Kumagai GumiLtd

Market Cap: JP¥200.2b

Operates as a construction company in Japan and internationally.

Takara StandardLtd

Market Cap: JP¥175.3b

Manufactures and sells enameled products.

CKD

Market Cap: JP¥172.0b

Develops, manufactures, sells, and exports automation machinery and components worldwide.

Toyo Construction

Market Cap: JP¥163.8b

Engages in the marine and civil engineering, and building construction activities in Japan and internationally.

Nippon Densetsu Kogyo

Market Cap: JP¥159.1b

Engages in contracting electrical equipment construction work in Japan.

Trusco Nakayama

Market Cap: JP¥153.0b

Engages in the wholesale of machine tools, and other equipment in Japan and internationally.

Totetsu Kogyo

Market Cap: JP¥151.2b

Engages in the railway track maintenance, civil engineering, architectural, and environmental businesses in Japan.

Shin Nippon Air Technologies

Market Cap: JP¥143.2b

Provides engineering systems to control air, water, heat, and other areas of air conditioning, electrical, and sanitary facilities in Japan and internationally.

Raito Kogyo

Market Cap: JP¥140.3b

Engages in the civil engineering works business in Japan, North America, and internationally.

Totech

Market Cap: JP¥132.5b

Engages in the sale of environment control equipment in Japan.

TOCALOLtd

Market Cap: JP¥121.3b

Develops surface modifying technologies in Japan and internationally.

KanamotoLtd

Market Cap: JP¥119.6b

Engages in the construction equipment rental business in Japan and internationally.

Tokyu Construction

Market Cap: JP¥119.0b

Engages in the civil engineering and building construction businesses in Japan.

NIPPON ROAD

Market Cap: JP¥110.5b

Offers general construction, construction design, supervision, and management services in Japan and internationally.

Nissei ASB Machine

Market Cap: JP¥104.5b

Engages in the planning, development, manufacturing, and sale of machines that produce PET and other plastic bottles worldwide.

Hibiya Engineering

Market Cap: JP¥99.6b

Provides various engineering products and services primarily in Japan.

Morita Holdings

Market Cap: JP¥95.8b

Through its subsidiaries, engages in the development, manufacture, and sale of ladder trucks, fire trucks, and specialty vehicles in Japan and internationally.

Shibuya

Market Cap: JP¥94.6b

Manufactures and sells packaging and other systems in Japan and internationally.

PS Construction

Market Cap: JP¥84.3b

Engages in the civil engineering and architecture businesses in Japan and internationally.

Nihon Dengi

Market Cap: JP¥83.6b

Engages in the design and construction of automatic control systems, as well as the sale of automatic control equipment. The company operates through two segments: Air Conditioning and Instrumentation Related Business and Industrial System Related Business.

Komori

Market Cap: JP¥79.6b

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

Hirata

Market Cap: JP¥60.8b

Manufactures and sells various manufacturing line systems, industrial robots, and logistic equipment in Japan and internationally.

Seikitokyu Kogyo

Market Cap: JP¥56.7b

Engages in the paving of roads, expressways, and bridges in Japan.

Teikoku Electric Mfg.Co.Ltd

Market Cap: JP¥55.5b

Engages in the manufacture and sale of electrical equipment and general machinery.

Tsubakimoto Kogyo

Market Cap: JP¥51.7b

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