Japanese Materials Potentially Undervalued Companies

Tokai Carbon

Market Cap: JP¥216.5b

Manufactures and sells carbon-related products and services in Japan.

Nippon Paint Holdings

Market Cap: JP¥2.5t

Engages in the paints and fine chemicals businesses.

Fuji Seal International

Market Cap: JP¥145.7b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

Tokuyama

Market Cap: JP¥297.1b

Produces and sells various chemical products in Japan.

Nippon Carbide Industries

Market Cap: JP¥26.9b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Sakai Chemical Industry

Market Cap: JP¥55.2b

Manufactures and sells various chemical products in Japan, Asia, North America, Europe, the Middle East, and internationally.

Daicel

Market Cap: JP¥389.2b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

KH Neochem

Market Cap: JP¥105.0b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Nitta Gelatin

Market Cap: JP¥25.6b

Produces and sells gelatin, collagen peptide, collagen, and food materials in Japan.

Nippon Fine Chemical

Market Cap: JP¥56.0b

Manufactures and sells fine chemical, cosmetic, and industrial chemical products in Japan and internationally.

Taoka Chemical Company

Market Cap: JP¥15.0b

Manufactures and sells chemicals, functional materials, and resin additives in Japan and internationally.

Sakata INX

Market Cap: JP¥124.6b

Manufactures and sells various printing inks and auxiliary agents in Japan, Asia, the America, Europe, and internationally.

Vertex

Market Cap: JP¥82.9b

Manufactures and sells concrete secondary products in Japan.

Krosaki Harima

Market Cap: JP¥140.3b

Engages in the refractory business in Japan and internationally.

Hokko Chemical Industry

Market Cap: JP¥45.7b

Together with subsidiaries, manufactures and sells crop protection and fine chemicals products in Japan and internationally.

NOF

Market Cap: JP¥681.3b

Manufactures chemicals in Japan.

Sumitomo Chemical Company

Market Cap: JP¥831.0b

Engages in Agro & Life Solutions, ICT & Mobility Solutions, Advanced Medical Solutions, Essential & Green Materials, and Sumitomo Pharma.

Asahi Kasei

Market Cap: JP¥2.3t

Engages in material, homes, healthcare businesses.

Nippon Paper Industries

Market Cap: JP¥146.8b

Engages in the production and sale of pulp and paper products in Japan, Oceania, Asia, North America, and internationally.

Hokuetsu

Market Cap: JP¥169.2b

Manufactures and sells paper products in Japan, the rest of Asia, North America, and internationally.

DIC

Market Cap: JP¥397.7b

Manufactures and sells printing inks, organic pigments, and synthetic resins worldwide.

KEIWA

Market Cap: JP¥24.0b

Develops, manufactures, and sells optical films in Japan, Vietnam, Germany, and the United States.

Topy Industries

Market Cap: JP¥73.4b

Engages in the steel, automotive, industrial machinery components, and other businesses in Japan.

Kobe Steel

Market Cap: JP¥824.4b

Engages in the materials, machinery, and electric power businesses worldwide.

Sanyo Chemical Industries

Market Cap: JP¥119.9b

Manufactures and sells chemical products in Japan.

Riken Technos

Market Cap: JP¥85.2b

Engages in compound, film, and food packaging businesses in Japan and internationally.

Zeon

Market Cap: JP¥366.6b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.

Konishi

Market Cap: JP¥86.5b

Manufactures and sells synthetic adhesives in Japan.

GEOSTR

Market Cap: JP¥14.2b

Engages in the manufacture and sale of precast concrete products for civil engineering in Japan.

Nitto Denko

Market Cap: JP¥2.2t

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania.

Daishin ChemicalLtd

Market Cap: JP¥7.8b

Manufactures and sells various paints and chemicals in Japan.

Mino Ceramic

Market Cap: JP¥13.2b

Designs, produces, and sells refractories and advanced ceramics in Japan and internationally.

Nissan Chemical

Market Cap: JP¥866.2b

Engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally.

Natoco

Market Cap: JP¥13.6b

Manufactures and sells paints, inks, fine chemicals, synthetic resins, and related products in Japan.

Taiyo KagakuLtd

Market Cap: JP¥50.6b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.