Japanese Capital Goods Potentially Undervalued Companies

Advanex

Market Cap: JP¥3.5b

Engages in the manufacture and sale of precision springs in Japan and internationally.

Rix

Market Cap: JP¥26.0b

Manufactures and sells machinery equipment and industrial materials in Japan.

Nippon Thompson

Market Cap: JP¥42.2b

Develops, manufactures, and sells needle roller bearings, linear motion rolling guides, precision positioning tables, and machine components under the IKO brand in Japan, North America, Europe, China, Singapore, Malaysia, and India.

Yamato

Market Cap: JP¥50.3b

Designs, constructs, and manages architecture, civil engineering, air conditioning, sanitation, refrigeration, water supply, sewerage, water treatment, and hot bathing projects.

MT Genex

Market Cap: JP¥3.3b

Operates as a contractor for construction and renovation of houses and office buildings in Japan.

Odawara Engineering

Market Cap: JP¥11.2b

Engages in the design, development, manufacture, and sale of motor and coil winding equipment in Japan and internationally.

Okumura Engineering

Market Cap: JP¥5.8b

Designs, manufactures, and sells construction and engineering machineries and components.

Hirata

Market Cap: JP¥65.1b

Manufactures and sells various manufacturing line systems, industrial robots, and logistic equipment in Japan and internationally.

Fujitec

Market Cap: JP¥443.0b

Engages in the research, development, manufacture, marketing, installation, and maintenance of elevators, escalators, moving walks, and transportation systems in Japan, East Asia, Europe, the Middle East, South Asia, South America, and North America.

Toenec

Market Cap: JP¥133.2b

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