Japanese Capital Goods Potentially Undervalued Companies

Sanyu ConstructionLtd

Market Cap: JP¥3.8b

Engages in the construction business.

Canare Electric

Market Cap: JP¥13.0b

Develops, manufactures, and sells audio and video cables, connectors, patchbays, and fiber-optic products in Japan and internationally.

UEKI

Market Cap: JP¥15.7b

Operates as a general construction company in Japan.

MINEBEA MITSUMI

Market Cap: JP¥1.1t

Manufactures and supplies machined components, electronic devices and components, automotive, and industrial machinery and home security business in Japan and internationally.

Shinwa

Market Cap: JP¥46.4b

Operates as an engineering, manufacturing, and trading and logistics in Japan and internationally.

Shibaura MachineLtd

Market Cap: JP¥101.1b

Engages in the manufacture and sale of various machines in Japan and internationally.

Morita Holdings

Market Cap: JP¥102.3b

Through its subsidiaries, engages in the development, manufacture, and sale of ladder trucks, fire trucks, and specialty vehicles in Japan and internationally.

Mitani Sangyo

Market Cap: JP¥28.0b

Engages in chemicals, resin, electronics, information systems, air conditioning systems, housing equipment, energy businesses in Japan and internationally.

TOCALOLtd

Market Cap: JP¥131.8b

Develops surface modifying technologies in Japan and internationally.

Otake

Market Cap: JP¥7.2b

Engages in sale of plumbing, housing, and air conditioning equipment.

Fujii Sangyo

Market Cap: JP¥30.0b

Engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan.

Toenec

Market Cap: JP¥133.1b

An integrated facility company, engages in the construction and improvement of social infrastructure in the energy, environment, and information technology fields in Japan.

TANAKEN

Market Cap: JP¥12.3b

Engages in the construction and construction management of demolition work of building structures and related construction work in Japan.

Takamatsu Machinery

Market Cap: JP¥5.2b

Manufactures and sells machine tools.

Gecoss

Market Cap: JP¥48.2b

Gecoss Corporation rents and sells construction machinery and steel products in Japan.

Ryobi

Market Cap: JP¥89.5b

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

Kamei

Market Cap: JP¥92.7b

Operates as a general trading company in Japan and internationally.

Meidensha

Market Cap: JP¥266.7b

Engages in the power infrastructure; public, industrial, and commercial sector; mobility and electrical components; field service engineering; and real estate businesses in Japan and internationally.

PS Construction

Market Cap: JP¥87.0b

Engages in the civil engineering and architecture businesses in Japan and internationally.

MIE Corporation

Market Cap: JP¥2.0b

Through its subsidiaries, manufactures and sells factory pipe fittings, construction pipe fittings, flanges, etc.

Koike Sanso KogyoLtd

Market Cap: JP¥31.2b

Develops, manufactures, and sells various types of gases, welding and cutting machines and systems, and related products to industries that process steel plates, aluminum, and stainless steel in Japan and internationally.

Hokkaidenko

Market Cap: JP¥19.3b

Engages in the design, construction, and maintenance of power distribution facilities in Japan.

Tsubaki Nakashima

Market Cap: JP¥15.1b

Manufactures and sells industrial precision balls, rollers, blowers, and medical equipment and hygiene equipment in Japan and internationally.

Meiwa

Market Cap: JP¥34.8b

Engages in the chemicals, lubricants, battery materials, automotive and mineral resources, and environmental businesses in Japan and internationally.

Suido Kiko Kaisha

Market Cap: JP¥13.4b

Operates as a water treatment company in the fields of sewage and industrial wastewater treatment in Japan and internationally.

Mie Kotsu Group Holdings

Market Cap: JP¥56.6b

Engages in the transportation, real estate, distribution, and leisure service businesses in Japan and internationally.

FDK

Market Cap: JP¥13.4b

Manufactures and sells batteries, rechargeable batteries, battery devices, and electronic components and devices in Japan.

Sekisui Chemical

Market Cap: JP¥1.2t

Engages in the housing, urban infrastructure and environmental products, high performance plastics, and medical businesses in Japan, Europe, Asia, and the Americas.

Totech

Market Cap: JP¥134.0b

Engages in the sale of environment control equipment in Japan.

Togami Electric Mfg

Market Cap: JP¥19.6b

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

Tsubakimoto Kogyo

Market Cap: JP¥52.7b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Nihon Flush

Market Cap: JP¥18.9b

Manufactures and sells interior products in Japan.

Tsubakimoto Chain

Market Cap: JP¥214.7b

Manufactures and sells chains, motion control, mobility, materials handling systems components in Japan.

SWCC

Market Cap: JP¥236.0b

Operates in the energy systems, communication systems, and device businesses in Japan and internationally.

Sanei

Market Cap: JP¥10.0b

Manufactures and sells plumbing fixtures in Japan.

Sanwa Holdings

Market Cap: JP¥928.4b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.