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

Nippon Paint Holdings

Market Cap: JP¥2.4t

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

Oji Holdings

Market Cap: JP¥675.5b

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¥450.6b

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

Kaneka

Market Cap: JP¥343.1b

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¥272.9b

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

Osaka Soda

Market Cap: JP¥227.4b

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

Aichi Steel

Market Cap: JP¥192.7b

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 Osaka Cement

Market Cap: JP¥192.4b

Engages in the cement business in Japan and internationally.

Nippon Soda

Market Cap: JP¥189.5b

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

Toagosei

Market Cap: JP¥184.7b

Manufactures and sells chemical products.

Yodoko

Market Cap: JP¥184.2b

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

Nippon Light Metal Holdings Company

Market Cap: JP¥167.6b

Nippon Light Metal Holdings Company, Ltd.

Sakata INX

Market Cap: JP¥115.5b

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

Mitani Sekisan

Market Cap: JP¥107.5b

Produces and sells concrete products in Japan.

Sumitomo Seika Chemicals Company

Market Cap: JP¥82.3b

Sumitomo Seika Chemicals Company, Limited.

Rasa Industries

Market Cap: JP¥79.8b

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

JSP

Market Cap: JP¥65.3b

Manufactures and sells expanded polymers worldwide.

Tokushu Tokai Paper

Market Cap: JP¥65.1b

Manufactures, processes, and sells paper products in Japan.

Ishihara Chemical

Market Cap: JP¥45.6b

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

Taki Chemical

Market Cap: JP¥38.9b

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

Mitsubishi Steel Mfg

Market Cap: JP¥32.5b

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

Chuetsu Pulp & Paper

Market Cap: JP¥25.3b

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

Nasu Denki-Tekko

Market Cap: JP¥20.5b

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

Kunimine Industries

Market Cap: JP¥15.6b

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

Muto Seiko

Market Cap: JP¥15.3b

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

Chugai Mining

Market Cap: JP¥9.5b

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¥6.4b

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

cottaLTD

Market Cap: JP¥5.3b

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¥4.1b

Produces and sells steel products in Japan.

Sugai Chemical Industry

Market Cap: JP¥3.9b

Manufactures and sells various chemicals in Japan.

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.