Japanese Materials Potentially Undervalued Companies

Oji Holdings

Market Cap: JP¥692.3b

Manufactures and sells pulp and paper products in Japan, China, rest of Asia, North and South America, Europe, Oceania, and internationally.

Fuji Seal International

Market Cap: JP¥139.1b

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

GEOSTR

Market Cap: JP¥11.6b

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

KeePer Technical Laboratory

Market Cap: JP¥70.0b

Develops, manufactures, and sells car coatings, car washing chemicals and equipment, and other products in Japan.

Nippon Paint Holdings

Market Cap: JP¥2.4t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Sekisui Kasei

Market Cap: JP¥22.2b

Manufactures and sells plastic products in Japan, Asia, the United States, Central America, Europe, and internationally.

Nitta Gelatin

Market Cap: JP¥21.8b

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

Sakata INX

Market Cap: JP¥109.0b

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

Kuriyama Holdings

Market Cap: JP¥32.9b

Manufactures and sells of various hoses, rubber, and plastics products in Japan, the United States, Canada, Europe, and internationally.

Osaka Soda

Market Cap: JP¥218.2b

Manufactures and sells basic and functional chemicals products in Asia, Europe, North America, and internationally.

NOF

Market Cap: JP¥629.9b

Manufactures chemicals in Japan.

Nippon Paper Industries

Market Cap: JP¥161.4b

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

ARE Holdings

Market Cap: JP¥290.3b

Engages in refining, manufacturing, and trading of precious metals and rare metals in Japan, Asia, and North America.

Hokko Chemical Industry

Market Cap: JP¥44.9b

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

JSP

Market Cap: JP¥65.7b

Manufactures and sells expanded polymers worldwide.

Tokyo Rope Mfg

Market Cap: JP¥26.2b

Manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally.

Daio Paper

Market Cap: JP¥145.4b

Engages in paper and paperboard business Japan, East Asia, Southeast Asia, Brazil, and internationally.

KEIWA

Market Cap: JP¥22.9b

Engages in the manufacture and sale of various optical films in Japan, Vietnam, Germany, and the United States.

Toyobo

Market Cap: JP¥137.4b

Provides films and functional polymers, industrial materials, and healthcare and textile products worldwide.

Topy Industries

Market Cap: JP¥58.1b

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

Ishihara Sangyo KaishaLtd

Market Cap: JP¥97.5b

Manufactures and sells organic and inorganic chemicals in Japan, Asia, the United States, Europe, and internationally.

Kobe Steel

Market Cap: JP¥744.0b

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

Sanyo Chemical Industries

Market Cap: JP¥111.3b

Manufactures and sells chemical products in Japan.

Riken Technos

Market Cap: JP¥75.0b

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

Mitsubishi Chemical Group

Market Cap: JP¥1.4t

Provides performance products, industrial materials, industrial gases, and others in Japan and internationally.

Zeon

Market Cap: JP¥381.4b

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.

Taiyo KagakuLtd

Market Cap: JP¥44.2b

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

Natoco

Market Cap: JP¥12.3b

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

Kodama Chemical IndustryLtd

Market Cap: JP¥12.6b

Manufactures and sells plastic products in Japan, Thailand, and internationally.

Katakura & Co-op Agri

Market Cap: JP¥12.4b

Engages in the fertilizer, cosmetic, chemical, feed, real estate, and other businesses in Japan and internationally.

KH Neochem

Market Cap: JP¥91.4b

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

HOKUETSU METAL

Market Cap: JP¥4.7b

Manufactures, processes, and sells iron and steel products in Japan.

Nippon Carbide Industries

Market Cap: JP¥28.0b

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

Konishi

Market Cap: JP¥88.3b

Manufactures and sells synthetic adhesives in Japan.

Isamu Paint

Market Cap: JP¥7.1b

Manufactures and sells paints, solvents, and building materials in Japan.