Japanese Energy Potentially Undervalued Companies

Japan Petroleum Exploration

Market Cap: JP¥426.9b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

MODEC

Market Cap: JP¥651.6b

Operates as engineering, procurement, construction and installation (EPCI) general contractor of floating production systems in Brazil, Guyana, Senegal, Cote d' Ivoire, Ghana, Mexico, and internationally.

Cosmo Energy Holdings

Market Cap: JP¥556.2b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

Japan Oil Transportation

Market Cap: JP¥17.7b

Primarily engages in the transportation of liquefied natural gas, petrochemical products, other high-pressure gases, and other related products in Japan and internationally.

Nagaoka International

Market Cap: JP¥9.1b

Manufactures and sells water intake and treatment systems, and screen internals to the oil refining and petrochemical industries in Japan and internationally.

Nippon Seiro

Market Cap: JP¥4.3b

Manufactures and sells petroleum waxes, physically and chemically converted wax products, and fuel oil in Japan, rest of Asia, North America, and internationally.

SALA

Market Cap: JP¥64.0b

Through its subsidiaries, engages in the energy supply and solution business in Japan.

Toyo Kanetsu K.K

Market Cap: JP¥33.1b

Engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally.

ENEOS Holdings

Market Cap: JP¥3.3t

Through its subsidiaries, operates in the energy, oil and natural gas exploration and production, and metals businesses in Japan, China, Asia, and internationally.

Iwatani

Market Cap: JP¥422.0b

Engages in supplying gases and energy in Japan, China, Taiwan, South Korea, Singapore, Thailand, Malaysia, Indonesia, Vietnam, the United States, and Australia.

Inpex

Market Cap: JP¥4.2t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

San-Ai Obbli

Market Cap: JP¥122.5b

San-Ai Obbli Co., Ltd. wholesales and retails petroleum products and liquefied petroleum (LP) gas.

Idemitsu KosanLtd

Market Cap: JP¥1.6t

Engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan, rest of Asia, Oceania, North America, and internationally.

Fuji United Holdings CompanyLtd

Market Cap: JP¥7.4b

Fuji United Holdings Company,Ltd. purchases and sells petroleum products in Japan.