Japanese Materials Potentially Undervalued Companies

Taiyo KagakuLtd

Market Cap: JP¥37.9b

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

Tokyo Tekko

Market Cap: JP¥51.4b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Taoka Chemical Company

Market Cap: JP¥20.1b

Manufactures and sells various chemicals in Japan and internationally.

Toin

Market Cap: JP¥4.6b

Engages in the packaging materials, precision coating, and other businesses.

Furubayashi ShikoLtd

Market Cap: JP¥2.6b

Plans, designs, prints, processes, manufactures, and sells packaging products in Japan, China, and Taiwan.

Adeka

Market Cap: JP¥338.7b

Engages in chemicals, food products, and life science businesses.

Nicca ChemicalLtd

Market Cap: JP¥23.2b

Manufactures and sells surfactants for textile chemicals, metals, pulp and paper, paints, dyes, synthetic resins, and dry and professional cleaning agents in Japan and internationally.

CK SAN-ETSU

Market Cap: JP¥35.9b

Engages in the manufacture and sale of brass rod and wire products in Japan, China, and Taiwan.

ChugokukogyoLtd

Market Cap: JP¥1.9b

Manufactures and sells high voltage, steel structure, and facility equipment.

Aica Kogyo Company

Market Cap: JP¥232.0b

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

Shin-Etsu Chemical

Market Cap: JP¥9.0t

Provides infrastructure, electronics, and functional materials in Japan.

Nakayama Steel Works

Market Cap: JP¥36.4b

Engages in the steel, engineering, building materials, and real estate businesses in Japan.

Yamau Holdings

Market Cap: JP¥15.4b

Manufactures and sells concrete products in Japan.

Hokuetsu

Market Cap: JP¥173.1b

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

Nippon Steel

Market Cap: JP¥3.3t

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

Superbag Company

Market Cap: JP¥4.1b

Manufactures and markets paper and plastic shopping bags in Japan and internationally.

Toho Acetylene

Market Cap: JP¥12.5b

Provides gas and equipment related products in Japan.

ARE Holdings

Market Cap: JP¥168.3b

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

Tosoh

Market Cap: JP¥722.6b

Manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide.

TODA KOGYO

Market Cap: JP¥7.9b

Manufactures and sells functional pigments and electronic materials in Japan and internationally.

Asahi Kasei

Market Cap: JP¥1.6t

Engages in material, homes, healthcare businesses.

Tomoku

Market Cap: JP¥59.0b

Engages in the corrugated container and display carton, housing, transportation, and logistics businesses in Japan and internationally.

Kyoei Steel

Market Cap: JP¥102.9b

Engages in the manufacture, processing, and sells of billets and steel products in Japan, Vietnam, North America, and internationally.

OAT Agrio

Market Cap: JP¥25.6b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan.

C.UyemuraLtd

Market Cap: JP¥188.4b

Researches, develops, manufactures, and sells plating chemicals, industrial chemicals, non-ferrous metals, and other products in Japan and internationally.

Tokyo Board Industries

Market Cap: JP¥1.5b

Processes, manufactures, and sells wood chips using industrial and general waste in Japan.

Eidai KakoLtd

Market Cap: JP¥2.3b

Manufactures, imports, and sells plastic sheets in Japan.

OSAKA Titanium technologiesLtd

Market Cap: JP¥85.4b

Manufactures and sells titanium products in Japan, the United States of America, China, and internationally.

Kansai Paint

Market Cap: JP¥437.8b

Manufactures and sells paints and coatings in Japan, India, Asia, Africa, Europe, and internationally.

Yushiro

Market Cap: JP¥31.0b

Engages in the manufacture and sale of metalworking oils and fluids, and chemicals for building maintenance worldwide.

Nihon Yamamura Glass

Market Cap: JP¥27.9b

Produces and sells glass bottles and plastic closures in Japan and internationally.

TYK

Market Cap: JP¥23.9b

Engages in the manufacture and sale of functional refractories and ceramics worldwide.

Kogi

Market Cap: JP¥4.1b

Manufactures and sells casting roll-related products, environmental equipment, and friction materials in Japan and internationally.

Wavelock Holdings

Market Cap: JP¥6.2b

Through its subsidiaries, provides interior, material, and technology solutions in Japan and internationally.

AmifaLtd

Market Cap: JP¥2.0b

Manufactures and distributes lifestyle miscellaneous goods in Japan.

Taki Chemical

Market Cap: JP¥33.1b

Engages in the chemicals, water treatment, and functional materials businesses in Japan.