Japanese Capital Goods Undervalued Dividend Payers

Komatsu

Market Cap: JP¥4.6t

Manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

Obayashi

Market Cap: JP¥2.3t

Engages in the construction business in Japan, North America, Asia and internationally.

AGC

Market Cap: JP¥1.1t

Manufactures and sells architectural glass, electronics, chemicals, automotive, and ceramics worldwide.

Hitachi Construction Machinery

Market Cap: JP¥1.1t

Manufactures and sells construction machineries in Japan, the Americas, Europe, Russia, CIS, Africa, the Middle East, Asia, Oceania, and China.

Sanwa Holdings

Market Cap: JP¥870.3b

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

Takasago Thermal Engineering

Market Cap: JP¥617.0b

Designs, constructs, manufactures, sells, and installs heating, ventilation, and air conditioning (HVAC) systems in Japan and internationally.

Miura

Market Cap: JP¥365.9b

Produces and sells boilers in Japan and internationally.

Takeuchi Mfg

Market Cap: JP¥323.4b

Manufactures and sells construction machinery in Japan and internationally.

Meidensha

Market Cap: JP¥262.7b

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

NTN

Market Cap: JP¥197.4b

Manufactures and sells bearings, drive shafts, and precision equipment and other products in Japan, the United States, Europe, Asia, and internationally.