Japanese Capital Goods Potentially Undervalued Companies

Tokyo Sangyo

Market Cap: JP¥24.3b

Manufactures and sells machinery, plant facilities, materials, tools, and chemicals in Japan and internationally.

Sanyo Industries

Market Cap: JP¥12.5b

Manufactures and sells metallic building materials in Japan.

Taisei

Market Cap: JP¥1.7t

Engages in the civil engineering, construction, and real estate development businesses in Japan.

Kikusui Holdings

Market Cap: JP¥13.3b

Designs, manufactures, imports, exports, and sells electronic measuring instruments, industrial power supplies, and software products in Japan and internationally.

Cross E Holdings

Market Cap: JP¥3.1b

Engages in the facility management, machine installation work, and building and facility construction business in Japan.

TORQ

Market Cap: JP¥6.0b

TORQ Inc. is involved in the import, export, and sale of rivets and fastening products in Japan.

Kpp Group Holdings

Market Cap: JP¥53.0b

A paper-trading company, engages in buying, selling, importing, and exporting papers, paperboards, paper processed products, pulp, recovered papers, chemical products, machines related to paper, packaging and wrapping materials, and other related products.

Showa ManufacturingLtd

Market Cap: JP¥4.1b

Manufactures and sells heat source and hot water supply products in Japan.

Hatsuho ShoujiLtd

Market Cap: JP¥6.9b

Operates as a interior and exterior building materials company in Japan.

NittoseikoLtd

Market Cap: JP¥23.7b

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.

Tenox

Market Cap: JP¥9.2b

Engages in the construction business in Japan.

Seiwa Chuo Holdings

Market Cap: JP¥6.4b

Engages in the wholesale of general steel products in Japan.

Tsugami

Market Cap: JP¥113.1b

Manufactures and sells precision machine tools in Japan.

JGC Holdings

Market Cap: JP¥364.8b

Provides engineering, procurement, and construction services.

Senshu ElectricLtd

Market Cap: JP¥75.8b

Trades in various cables, wires, and materials related to electrical construction work in Japan.

Daiichi Jitsugyo

Market Cap: JP¥89.9b

Engages in the import, export, and sale of plant and machinery equipment in Japan.

KVK

Market Cap: JP¥17.3b

Manufactures and sells faucets in Japan.

Kawagishi Bridge Works

Market Cap: JP¥12.2b

Engages in the production and construction of steel frames in Japan.

Takara StandardLtd

Market Cap: JP¥175.0b

Manufactures and sells enameled products.

Futaba

Market Cap: JP¥28.6b

Designs, develops, manufactures, and sells electronic equipment, radio control, and manufacturing equipment in Japan and internationally.

Nakamichi Leasing

Market Cap: JP¥5.0b

Provides general leasing services in Japan.

Musashi

Market Cap: JP¥16.0b

Provides information/industrial, printing, cash handling, and election systems equipment in Japan and internationally.

Canox

Market Cap: JP¥18.9b

Engages in the processing and sale of steel and non-ferrous products in Japan and internationally.

Kokusai

Market Cap: JP¥9.3b

Engages in the manufacture and sale of testers, measurement instruments, and automatic inspection equipment for motors and rotating equipment in Japan and internationally.

Rasa

Market Cap: JP¥18.8b

A trading company, supplies resources, metallic materials, industrial machinery, construction equipment, and other products in Japan, China, Korea, Taiwan, and Australia.

Shin Nippon Air Technologies

Market Cap: JP¥140.0b

Provides engineering systems to control air, water, heat, and other areas of air conditioning, electrical, and sanitary facilities in Japan and internationally.

MISUMI Group

Market Cap: JP¥643.2b

Engages in the factory automation (FA) and die component businesses in Japan, China, rest of Asia, the Americas, Europe, and internationally.

Hojyogumi.Co.Ltd

Market Cap: JP¥2.4b

Engages in the designing and construction of civil engineering and construction works in Japan.

Parker

Market Cap: JP¥29.2b

Provides product development, manufacturing, sales, and technical services for the automobiles, electrical machinery, chemicals, steel, electronics, food, etc.

Unozawa-gumi Iron Works

Market Cap: JP¥3.7b

Manufactures and sells pump and blower in Japan.

Matsuya R&DLtd

Market Cap: JP¥16.6b

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

Nitta

Market Cap: JP¥116.2b

Engages in the provision of power transmission belts, conveyor belts and units, and other products in Japan and internationally.

Nippon Kanryu Industry

Market Cap: JP¥4.9b

Engages in the construction business.

Oiles

Market Cap: JP¥68.9b

Manufactures and sells bearings, structural equipment, and construction equipment in Japan and internationally.

Ichikawa

Market Cap: JP¥8.7b

Manufactures and sells paper making and industrial felts in Japan and internationally.

Sanyu ConstructionLtd

Market Cap: JP¥3.8b

Engages in the construction business.