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

Prima Meat Packers

Market Cap: JP¥113.5b

Produces and markets hams and sausages, meats, processed foods, and other products in Japan.

Chugoku Marine Paints

Market Cap: JP¥111.3b

Produces and sells functional coatings worldwide.

Keiyo Bank

Market Cap: JP¥110.6b

Offers various banking products and services to individual, corporate, and business customers in Japan.

TOA

Market Cap: JP¥109.7b

Provides construction and engineering services in Japan.

Totech

Market Cap: JP¥108.2b

Engages in the sale of environment control equipment in Japan.

TOCALOLtd

Market Cap: JP¥105.5b

Develops surface modifying technologies in Japan and internationally.

TOMONY Holdings

Market Cap: JP¥104.1b

Through its subsidiaries, provides various banking and financial products and services.

Taihei Dengyo Kaisha

Market Cap: JP¥103.4b

Engages in the plant construction business in Japan and internationally.

Zojirushi

Market Cap: JP¥102.6b

Manufactures and markets household products in Japan and internationally.

Milbon

Market Cap: JP¥100.1b

Engages in the manufacturing and sale of cosmetic products in Japan and internationally.

Sakata INX

Market Cap: JP¥99.3b

Manufactures and sells various printing inks and auxiliary agents in Japan and internationally.

ITOCHU-SHOKUHIN

Market Cap: JP¥99.1b

Engages in the wholesale of food products and alcoholic beverages in Japan.

ShinMaywa Industries

Market Cap: JP¥98.7b

Engages in the manufacture and sale of transportation equipment in Japan, Asia, North America, and internationally.

Takamatsu Construction Group

Market Cap: JP¥98.5b

Engages in the construction business in Japan.

Kyokuto Kaihatsu KogyoLtd

Market Cap: JP¥97.6b

Manufactures and sells special purpose vehicles, environmental equipment and systems, and car parking systems in Japan.

KH Neochem

Market Cap: JP¥94.9b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

DaikokutenbussanLtd

Market Cap: JP¥94.6b

Operates discount stores.

MATSUDA SANGYO

Market Cap: JP¥93.0b

Engages in the precious metals, environmental, and food businesses in Japan.

M&A Capital PartnersLtd

Market Cap: JP¥91.7b

Engages in the mergers and acquisitions (M&A) brokerage business in Japan.

Sinko Industries

Market Cap: JP¥91.3b

Manufactures, sells, and installs air conditioning equipment in Japan and internationally.

World

Market Cap: JP¥90.9b

Through its subsidiaries, plans, manufactures, retails, sells, and imports/exports apparel and fashion products in Japan and internationally.

HalowsLtd

Market Cap: JP¥90.5b

Operates a network of supermarket stores in Hiroshima, Okayama, Kagawa, Ehime, Tokushima, and Hyogo of Japan.

Toyo Tanso

Market Cap: JP¥87.0b

Engages in the production and sale of carbon materials in Japan and internationally.

Gunze

Market Cap: JP¥86.4b

Engages in the functional solutions, apparel, and lifestyle creations businesses in Japan and internationally.

Furuno Electric

Market Cap: JP¥85.2b

Engages in the manufacture and sale of marine and industrial electronics equipment, wireless LAN system, and handy terminals in Japan, the Americas, Europe, rest of Asia, and internationally.

Itoki

Market Cap: JP¥83.9b

Engages in manufacturing and sale of office furniture in Japan and internationally.

TPR

Market Cap: JP¥83.8b

Engages in the development and sale of engine components worldwide.

Maxell

Market Cap: JP¥83.6b

Manufactures and sells energy, functional materials, optics and systems, and life solution products in Japan, the Americas, Europe, Asia, and internationally.

MegaChips

Market Cap: JP¥82.9b

A semiconductor company, designs, develops, manufactures, and sells products centering on system LSIs in Japan and internationally.

Tsurumi ManufacturingLtd

Market Cap: JP¥82.9b

Produces, purchases, imports, exports, sells, and leases submersible pumps and peripheral equipment worldwide.

RS Technologies

Market Cap: JP¥82.3b

Provides silicon wafer reclamation and sale services in Japan, Taiwan, China, Korea, the Americas, Europe, and rest of Asia.

SIGMAXYZ Holdings

Market Cap: JP¥80.1b

Engages in the consulting, investment, and M&A advisory businesses in Japan.

Chori

Market Cap: JP¥78.3b

Engages in textiles, chemicals, and machinery businesses in China and internationally.

WELLNEO SUGAR

Market Cap: JP¥77.7b

Manufactures and sells sugar and other food products primarily in Japan.

NIPPON PARKING DEVELOPMENTLtd

Market Cap: JP¥76.6b

Provides consulting services for parking lot in Japan and internationally.

Shofu

Market Cap: JP¥73.9b

Manufactures and sells dental materials and equipment worldwide.