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

Nippon Paint Holdings

Market Cap: JP¥2.5t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Oji Holdings

Market Cap: JP¥702.7b

Manufactures and sells pulp and paper products in Japan, China, rest of Asia, North and South America, Europe, Oceania, and internationally.

Zeon

Market Cap: JP¥447.4b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

Kaneka

Market Cap: JP¥345.1b

Engages in the manufacture and sale of polyvinyl chloride (PVC), crosslinked PVC, PVC-PVAc polymers, paste PVC, acryl grafted-vinyl chloride copolymer, and chlorinated PVC in Japan and internationally.

Nippon Kayaku

Market Cap: JP¥271.6b

Engages in mobility and imaging, fine chemicals, and life sciences businesses in Japan.

Osaka Soda

Market Cap: JP¥222.2b

Manufactures and sells basic and functional chemicals products in Asia, Europe, North America, and internationally.

Nippon Soda

Market Cap: JP¥197.8b

Provides agri-business, pharmaceuticals, specialty chemicals, eco chemicals, and chlor-alkali products in Japan and internationally.

Aichi Steel

Market Cap: JP¥195.3b

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

Yodoko

Market Cap: JP¥191.5b

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

Toagosei

Market Cap: JP¥185.2b

Manufactures and sells chemical products.

Sumitomo Osaka Cement

Market Cap: JP¥179.7b

Engages in the cement business in Japan and internationally.

Nippon Light Metal Holdings Company

Market Cap: JP¥169.4b

Nippon Light Metal Holdings Company, Ltd.

JCU

Market Cap: JP¥167.4b

Engages in the produces and sells chemicals, machines, and equipment in Japan.

Mitani Sekisan

Market Cap: JP¥125.3b

Produces and sells concrete products in Japan.

Sakata INX

Market Cap: JP¥120.4b

Manufactures and sells various printing inks and auxiliary agents in Japan, Asia, the America, Europe, and internationally.

Sumitomo Seika Chemicals Company

Market Cap: JP¥85.0b

Sumitomo Seika Chemicals Company, Limited.

Rasa Industries

Market Cap: JP¥76.4b

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

Tokushu Tokai Paper

Market Cap: JP¥72.8b

Manufactures, processes, and sells paper products in Japan.

JSP

Market Cap: JP¥65.1b

Manufactures and sells expanded polymers worldwide.

Hokko Chemical Industry

Market Cap: JP¥51.7b

Together with subsidiaries, manufactures and sells crop protection and fine chemicals products in Japan and internationally.

Ishihara Chemical

Market Cap: JP¥42.8b

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

Taki Chemical

Market Cap: JP¥42.1b

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

Mitsubishi Steel Mfg

Market Cap: JP¥33.0b

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

Chuetsu Pulp & Paper

Market Cap: JP¥26.8b

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

Nasu Denki-Tekko

Market Cap: JP¥22.0b

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

Muto Seiko

Market Cap: JP¥16.1b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

Kunimine Industries

Market Cap: JP¥15.3b

Engages in the mining, manufacture, and sale of bentonite ore in Japan.

Chugai Mining

Market Cap: JP¥10.6b

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

Tomoegawa

Market Cap: JP¥7.6b

Manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products primarily in Japan.

Isamu Paint

Market Cap: JP¥6.6b

Manufactures and sells paints, solvents, and building materials in Japan.

cottaLTD

Market Cap: JP¥5.6b

Manufactures and sells confectionary food materials and food packaging materials in Japan and internationally.

Nippon Crucible

Market Cap: JP¥4.5b

Through its subsidiaries, engages in the manufacture and sale of refractory products primarily in Japan.

Sanyu

Market Cap: JP¥4.3b

Produces and sells steel products in Japan.

Sugai Chemical Industry

Market Cap: JP¥4.1b

Manufactures and sells various chemicals in Japan.

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.