Japanese Materials Potentially Undervalued Companies

KH Neochem

Market Cap: JP¥81.9b

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

Taiheiyo Cement

Market Cap: JP¥410.3b

Engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally.

Daicel

Market Cap: JP¥328.0b

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

Sakai Chemical Industry

Market Cap: JP¥45.6b

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

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses.

Taoka Chemical Company

Market Cap: JP¥17.0b

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

Shin-Etsu Chemical

Market Cap: JP¥8.3t

Provides infrastructure, electronics, and functional materials in Japan.

Sakata INX

Market Cap: JP¥108.8b

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

Nitta Gelatin

Market Cap: JP¥20.5b

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

Aica Kogyo Company

Market Cap: JP¥216.6b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Nippon Steel

Market Cap: JP¥3.2t

Engages in steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally.

Hokuetsu

Market Cap: JP¥139.0b

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

Krosaki Harima

Market Cap: JP¥139.6b

Engages in the refractory business in Japan and internationally.

Nippon Paper Industries

Market Cap: JP¥121.7b

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

Hokko Chemical Industry

Market Cap: JP¥42.0b

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

Sumitomo Chemical Company

Market Cap: JP¥768.3b

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

Nippon Light Metal Holdings Company

Market Cap: JP¥144.7b

Nippon Light Metal Holdings Company, Ltd.

KEIWA

Market Cap: JP¥21.6b

Develops, manufactures, and sells optical films in Japan.

Nippon Soda

Market Cap: JP¥183.3b

Provides agri-business, pharmaceuticals, specialty chemicals, eco chemicals, and chlor-alkali products in Japan and internationally.

Daio Paper

Market Cap: JP¥147.0b

Manufactures and sales paper products in Japan, East Asia, Southeast Asia, Brazil, and internationally.

DIC

Market Cap: JP¥352.8b

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

Kansai Paint

Market Cap: JP¥413.7b

Manufactures and sells paints and coatings in Japan, India, the United States, China, Asia, Africa, Europe, and internationally.

Mitsubishi Gas Chemical Company

Market Cap: JP¥494.1b

Manufactures and sells basic and fine chemicals, and functional materials in Japan.

Tokyo Steel Manufacturing

Market Cap: JP¥135.1b

Manufactures and sells various steel products in Japan, Europe, Asia, and internationally.

Topy Industries

Market Cap: JP¥62.1b

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

Fumakilla

Market Cap: JP¥18.7b

Manufactures, sells, imports, and exports insecticides, household products, and gardening and commercial products worldwide.

artience

Market Cap: JP¥158.2b

Engages in the colorants and functional materials, polymers and coatings, printing and information, and packaging materials businesses in Japan, Europe, Asia, the Americas, and internationally.

Riken Technos

Market Cap: JP¥64.9b

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

Zeon

Market Cap: JP¥328.0b

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

Kobe Steel

Market Cap: JP¥753.7b

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

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.

Taiyo KagakuLtd

Market Cap: JP¥38.3b

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

Denka

Market Cap: JP¥211.5b

Manufactures and sells organic and inorganic, electronic material, pharmaceutical, and resin-related products in Japan, rest of Asia, and internationally.

Resonac Holdings

Market Cap: JP¥1.1t

Operates as a chemical company in Japan, China, rest of Asia, and internationally.

Mino Ceramic

Market Cap: JP¥12.5b

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

Natoco

Market Cap: JP¥11.8b

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