Japanese Capital Goods Potentially Undervalued Companies

NGK Insulators

Market Cap: JP¥536.0b

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

Sumitomo Heavy Industries

Market Cap: JP¥374.4b

Manufactures and sells general machinery worldwide.

Nireco

Market Cap: JP¥14.5b

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

Miura

Market Cap: JP¥340.9b

Produces and sells boilers in Japan and internationally.

Hino Motors

Market Cap: JP¥216.9b

Manufactures and sells commercial vehicles under the Hino brand worldwide.

Seibu GikenLtd

Market Cap: JP¥31.0b

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

GS Yuasa

Market Cap: JP¥273.3b

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¥224.8b

Manufactures and sells construction machinery in Japan and internationally.

Nishio Holdings

Market Cap: JP¥114.7b

Engages in the construction machinery rental business in Japan and internationally.

Hanwa

Market Cap: JP¥232.4b

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

Rheon Automatic Machinery

Market Cap: JP¥33.4b

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

Hitachi Construction Machinery

Market Cap: JP¥929.9b

Manufactures and sells construction machineries worldwide.

West Holdings

Market Cap: JP¥68.6b

Engages in the renewable energy business in Japan and internationally.

Maezawa Industries

Market Cap: JP¥27.3b

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

Noritake

Market Cap: JP¥109.4b

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

Yokogawa Bridge Holdings

Market Cap: JP¥104.2b

Yokogawa Bridge Holdings Corp. constructs steel bridge projects in Japan and internationally.

Namura Shipbuilding

Market Cap: JP¥200.3b

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

AGC

Market Cap: JP¥932.9b

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

NTN

Market Cap: JP¥130.4b

Engages in the manufacture and sale of bearings, drive shafts, and precision equipment and other products in Japan and internationally.

Juki

Market Cap: JP¥11.7b

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

Nichias

Market Cap: JP¥352.6b

Manufactures and sells thermal insulation materials primarily in Japan.

Komatsu

Market Cap: JP¥4.4t

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.

Dai-Dan

Market Cap: JP¥185.7b

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

Fuji Electric

Market Cap: JP¥986.6b

Develops power semiconductors and electronics solutions in Japan and internationally.

Daihatsu Infinearth Mfg.Co.Ltd

Market Cap: JP¥54.7b

Manufactures and sells marine engines, land engines, and industrial instruments in Japan and internationally.

Nippon Dry-Chemical

Market Cap: JP¥33.8b

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

Nippon Sheet Glass Company

Market Cap: JP¥45.9b

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

Ryobi

Market Cap: JP¥71.4b

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

Shibuya

Market Cap: JP¥93.0b

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

Sanyo Trading

Market Cap: JP¥42.3b

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

Sanko Gosei

Market Cap: JP¥23.7b

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

Kanadevia

Market Cap: JP¥166.3b

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

Sojitz

Market Cap: JP¥760.1b

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

KITZ

Market Cap: JP¥104.9b

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

Nishimatsu Construction

Market Cap: JP¥192.9b

Engages in the construction, development, real estate, and other businesses in Japan and internationally.

Otec

Market Cap: JP¥21.0b

Trades pipework equipment in Japan.