Japanese Materials Undervalued Dividend Payers

Shin-Etsu Chemical

Market Cap: JP¥9.2t

Provides infrastructure, electronics, and functional materials in Japan.

Asahi Kasei

Market Cap: JP¥1.9t

Engages in material, homes, healthcare businesses.

Kobe Steel

Market Cap: JP¥807.8b

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

Sumitomo Chemical Company

Market Cap: JP¥724.5b

Engages in Agro & Life Solutions, ICT & Mobility Solutions, Advanced Medical Solutions, Essential & Green Materials, and Sumitomo Pharma.

Mitsubishi Gas Chemical Company

Market Cap: JP¥559.3b

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

Kansai Paint

Market Cap: JP¥435.1b

Manufactures and sells paints and coatings in Japan, India, the United States, China, Asia, Africa, Europe, and internationally.

Adeka

Market Cap: JP¥386.9b

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

Daicel

Market Cap: JP¥367.3b

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

Zeon

Market Cap: JP¥343.8b

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

Kaneka

Market Cap: JP¥269.0b

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.

Tokai Carbon

Market Cap: JP¥210.9b

Manufactures and sells carbon-related products and services in Japan.

Fuji Seal International

Market Cap: JP¥166.3b

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