Japanese Materials Undervalued Dividend Payers

Asahi Kasei

Market Cap: JP¥2.4t

Engages in material, homes, healthcare businesses.

Kobe Steel

Market Cap: JP¥900.6b

Engages in the materials, machinery, and electric power businesses worldwide.

Mitsubishi Gas Chemical Company

Market Cap: JP¥666.8b

Manufactures and sells basic and fine chemicals, and functional materials in Japan.

Adeka

Market Cap: JP¥441.7b

Engages in chemicals, food products, and life science businesses.

Daicel

Market Cap: JP¥412.3b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

Zeon

Market Cap: JP¥371.1b

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

Rengo

Market Cap: JP¥367.1b

Manufactures and sells paperboard and packaging-related products in Asia, Europe, and internationally.

Kaneka

Market Cap: JP¥308.2b

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.

Fuji Seal International

Market Cap: JP¥178.8b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.