Japanese Materials Potentially Undervalued Companies

KH Neochem

Market Cap: JP¥84.9b

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

Nippon Paint Holdings

Market Cap: JP¥2.4t

Engages in the paints and fine chemicals businesses.

Daicel

Market Cap: JP¥341.0b

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

Sakai Chemical Industry

Market Cap: JP¥46.5b

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

Sakata INX

Market Cap: JP¥111.0b

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

Taoka Chemical Company

Market Cap: JP¥16.8b

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

Nitta Gelatin

Market Cap: JP¥20.3b

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

Krosaki Harima

Market Cap: JP¥139.6b

Engages in the refractory business in Japan and internationally.

Hokuetsu

Market Cap: JP¥141.5b

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

Nippon Paper Industries

Market Cap: JP¥126.7b

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

Sumitomo Chemical Company

Market Cap: JP¥754.2b

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

Hokko Chemical Industry

Market Cap: JP¥42.1b

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

Daio Paper

Market Cap: JP¥154.3b

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

Nippon Soda

Market Cap: JP¥190.3b

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

KEIWA

Market Cap: JP¥22.5b

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

DIC

Market Cap: JP¥354.1b

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

Kansai Paint

Market Cap: JP¥415.3b

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

Taiheiyo Cement

Market Cap: JP¥412.4b

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

Topy Industries

Market Cap: JP¥62.9b

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

Fumakilla

Market Cap: JP¥18.3b

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

Asia Pile Holdings

Market Cap: JP¥55.0b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

Sanyo Chemical Industries

Market Cap: JP¥103.0b

Manufactures and sells chemical products in Japan.

Zeon

Market Cap: JP¥332.9b

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

Tokuyama

Market Cap: JP¥293.3b

Produces and sells various chemical products in Japan.

artience

Market Cap: JP¥160.6b

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¥68.2b

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

Kobe Steel

Market Cap: JP¥764.1b

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

Fuji Seal International

Market Cap: JP¥163.1b

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

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.

Resonac Holdings

Market Cap: JP¥1.1t

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

Denka

Market Cap: JP¥222.7b

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

Katakura & Co-op Agri

Market Cap: JP¥7.9b

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

Natoco

Market Cap: JP¥11.8b

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

Mino Ceramic

Market Cap: JP¥12.6b

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

Kobelco Wire Company

Market Cap: JP¥7.8b

Manufactures and sells a range of wire rod products.

Konishi

Market Cap: JP¥81.8b

Manufactures and sells synthetic adhesives in Japan.