Japanese Materials Potentially Undervalued Companies

Gun Ei Chemical Industry

Market Cap: JP¥22.8b

Manufactures and sells synthetic resins and fibers in Japan and internationally.

Sanyu

Market Cap: JP¥4.1b

Produces and sells steel products in Japan.

Matsumoto Yushi-SeiyakuLtd

Market Cap: JP¥58.0b

Manufactures and markets fiber and textile chemicals, microcapsules, various surfactants, and high polymer based products in Japan and Indonesia.

Godo Steel

Market Cap: JP¥61.3b

Manufactures and sells steel products in Japan.

Takamisawa

Market Cap: JP¥5.7b

Engages in the manufacture and sale of secondary concrete products, ready-mixed concrete, gravel, sand, cement, and other construction materials in Japan.

Tokuyama

Market Cap: JP¥271.9b

Produces and sells various chemical products in Japan.

Mory Industries

Market Cap: JP¥37.1b

Manufactures and sells stainless steel and welded carbon steel products in Japan.

MERF

Market Cap: JP¥7.6b

Engages in the collection, processing, manufacture, and sale of various metals in Japan, Korea, rest of Asia, Europe, and internationally.

Shinagawa Refractories

Market Cap: JP¥88.0b

Engages in the manufacture and sale of refractory products in Japan and internationally.

Kawaguchi Chemical Industry

Market Cap: JP¥1.9b

Manufactures and sells fine chemicals in Japan.

Rengo

Market Cap: JP¥239.8b

Manufactures and sells paperboard and packaging-related products in Asia, Europe, and internationally.

Araya Industrial

Market Cap: JP¥24.7b

Manufactures and sells steel products in Japan and internationally.

Daishin ChemicalLtd

Market Cap: JP¥7.5b

Manufactures and sells various paints and chemicals in Japan.

Mino Ceramic

Market Cap: JP¥13.6b

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

HOKUETSU METAL

Market Cap: JP¥4.8b

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

SE

Market Cap: JP¥8.0b

Engages in construction material and equipment business in Japan and internationally.

Daido Steel

Market Cap: JP¥262.3b

Manufactures and sells steel products in Japan and internationally.

Pacific Metals

Market Cap: JP¥35.9b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Osaka Soda

Market Cap: JP¥213.1b

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

Omni-Plus System

Market Cap: JP¥17.8b

Engages in the manufacturing and distribution of commodity and engineering plastics in Singapore and internationally.

Showa Chemical Industry

Market Cap: JP¥5.7b

Engages in manufacturing and selling diatomite and perlite filter aids under the Radiolite trademark and Topco brand in China and Japan.

Nankai PlywoodLtd

Market Cap: JP¥7.3b

Manufactures and sells interior building materials in Japan.

Toho Zinc

Market Cap: JP¥9.0b

Operates in the smelting and refining, mineral resources, electronic components, advanced materials, and environment and recycling businesses in Japan.

MORESCO

Market Cap: JP¥12.7b

Develops, manufactures, and sells chemical products in Japan and internationally.

Tokyo Ohka Kogyo

Market Cap: JP¥584.9b

Manufactures and sells chemical products and process equipment in Japan and internationally.

Teijin

Market Cap: JP¥251.3b

Engages in the fibers, films and sheets, composites, healthcare, and IT businesses worldwide.

FP

Market Cap: JP¥211.6b

Manufactures and markets polystyrene and compound resin disposable food containers in Japan.

Tokyo Rope Mfg

Market Cap: JP¥23.5b

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

Nippon Kayaku

Market Cap: JP¥219.3b

Engages in mobility and imaging, fine chemicals, and life sciences businesses in Japan.

UBE

Market Cap: JP¥232.2b

Engages in the materials and machinery businesses in Japan, Asia, Europe, and internationally.

Showa Paxxs

Market Cap: JP¥13.3b

Manufactures and sells packaging containers and materials in Japan and internationally.

Air Water

Market Cap: JP¥599.2b

Engages in the manufacturing and sale of products and services related to industrial gas, chemical, medical, energy, agriculture and food products, logistics, seawater, and other businesses in Japan.

Japan Pure ChemicalLtd

Market Cap: JP¥18.8b

Develops, manufactures, and sells metal plating chemicals for electronic devices in Japan.

Rasa Industries

Market Cap: JP¥36.1b

Rasa Industries, Ltd. is involved in the chemicals, machinery, and electronic materials businesses in Japan and internationally.

Ishihara Chemical

Market Cap: JP¥28.3b

Engages in the manufacture and sale of chemical products in Japan and internationally.

Daito Chemix

Market Cap: JP¥10.7b

Manufactures and sells specialty and fine chemicals in Japan.