Japanese Capital Goods Potentially Undervalued Companies

Miura

Market Cap: JP¥338.3b

Produces and sells boilers in Japan and internationally.

Sumitomo Heavy Industries

Market Cap: JP¥405.4b

Manufactures and sells general machinery worldwide.

Nireco

Market Cap: JP¥14.0b

Provides process control, Web control, and inspection systems in Japan.

Seibu GikenLtd

Market Cap: JP¥31.7b

Manufactures and sells environmental conservation and energy-saving equipment in Japan, China, rest of Asia, Europe, North America, and internationally.

Hino Motors

Market Cap: JP¥212.7b

Manufactures and sells commercial vehicles under the Hino brand worldwide.

GS Yuasa

Market Cap: JP¥304.0b

Engages in the manufacture and sale of batteries, power supplies, lighting equipment, and other battery and electrical equipment in Japan, the rest of Asia, North America, Europe, and internationally.

Takeuchi Mfg

Market Cap: JP¥251.4b

Manufactures and sells construction machinery in Japan and internationally.

Hanwa

Market Cap: JP¥249.2b

Trades in steel, metals and alloys, nonferrous metals, food products, petroleum and chemicals, lumber, machinery, and other products in Japan and internationally.

Yokogawa Bridge Holdings

Market Cap: JP¥109.2b

Engages in the design, fabrication, and construction of steel structures in Japan and internationally.

Namura Shipbuilding

Market Cap: JP¥218.5b

Engages in the manufacture and sale of ships, machinery, and steel structures worldwide.

Rheon Automatic Machinery

Market Cap: JP¥36.9b

Develops, manufactures, and supplies a range of food processing machines in Japan and internationally.

Noritake

Market Cap: JP¥124.4b

Noritake Co., Limited with its subsidiaries, provides industrial, ceramic and material, engineering, and tabletop products in Japan and internationally.

Maezawa Industries

Market Cap: JP¥32.1b

Designs, manufactures, sells, and installs equipment and apparatus for water supply and sewage systems in Japan and internationally.

NittoseikoLtd

Market Cap: JP¥23.3b

Manufactures and sells industrial fasteners and tools, industrial machinery and precision equipment, measurement and control equipment, and medical equipment in Japan, rest of Asia, and internationally.

Juki

Market Cap: JP¥12.2b

Manufactures and sells industrial and household sewing machines, and industrial equipment in Japan, China, rest of Asia, the Americas, Europe, and internationally.

Toyo Tanso

Market Cap: JP¥85.7b

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

Dai-Dan

Market Cap: JP¥243.7b

Engages in the design, supervision, and construction of electrical, air conditioning, plumbing and sanitary, and firefighting facilities works in Japan.

Trusco Nakayama

Market Cap: JP¥155.3b

Engages in the wholesale of machine tools, and other equipment in Japan and internationally.

Nippon Dry-Chemical

Market Cap: JP¥37.5b

Engages in the design, manufacture, and sale of fire extinguishing equipment, fire engines, security systems, etc.

Matsuya R&DLtd

Market Cap: JP¥15.2b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Nichias

Market Cap: JP¥363.3b

Manufactures and sells thermal insulation materials primarily in Japan.

Komatsu

Market Cap: JP¥4.5t

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.

Sanyo Trading

Market Cap: JP¥43.0b

Through its subsidiaries, engages in the rubber, chemical, green technology, industrial products, and life science businesses in Japan and internationally.

Kanadevia

Market Cap: JP¥171.6b

Kanadevia Corporation design, constructs, and manufactures energy-from-waste plants, desalination plants, and water and sewage treatment plants in Japan and internationally.

Nippon Sheet Glass Company

Market Cap: JP¥51.6b

Engages in the manufacture and sale of glass and glazing products in Japan, Europe, North America, and South America.

KITZ

Market Cap: JP¥123.2b

Engages in the manufacturing and selling of valves, other flow control devices, and related products in Japan and internationally.

Sojitz

Market Cap: JP¥793.7b

Operates as a general trading company that engages in various business activities worldwide.

Sanko Gosei

Market Cap: JP¥26.1b

Engages in the molding and sale of plastic parts in Japan and internationally.

Ryobi

Market Cap: JP¥77.6b

Operates as a die casting manufacturer in Japan, the United States, China, and internationally.

Shibuya

Market Cap: JP¥102.8b

Manufactures and sells packaging and other systems in Japan and internationally.

Nihon Decoluxe

Market Cap: JP¥6.1b

Engages in the manufacture and sale of construction materials in Japan.

Saita

Market Cap: JP¥2.3b

Engages in the construction and crushed stone businesses in Japan.

Komori

Market Cap: JP¥81.7b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

NGK Insulators

Market Cap: JP¥650.0b

Manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and internationally.

Togami Electric Mfg

Market Cap: JP¥18.7b

Engages in manufacturing and sale of power distribution and control equipment in Japan.

Kyowa Engineering Consultants

Market Cap: JP¥3.6b

Provides construction consultancy services in Japan and internationally.