Japanese Strong Balance Sheet Stocks

Ecology and Combustion

Market Cap: JP¥3.7b

Designs, develops, manufactures, sells, and maintenance heating equipment in Japan.

Toyo Electric

Market Cap: JP¥3.2b

Manufactures and sells control devices for the factory-automation industry in Japan.

Nikko

Market Cap: JP¥5.3b

Engages in manufacturing activities of housing environmental equipment in Japan and internationally.

Ichishin HoldingsLtd

Market Cap: JP¥3.5b

Through its subsidiaries, engages in the education business in Japan.

Taiho Transportation

Market Cap: JP¥3.2b

Provides logistics services in Japan.

Suzuyo Shinwart

Market Cap: JP¥7.7b

Operates as an information services company in Japan.

Central Forest Group

Market Cap: JP¥23.3b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Saita

Market Cap: JP¥2.6b

Engages in the construction and crushed stone businesses in Japan.

Riso Kyoiku Group

Market Cap: JP¥32.4b

Operates TOMAS private study Juku schools for elementary, middle, and high school students in Japan.

ToubujyuhanLtd

Market Cap: JP¥3.1b

Engages in the real estate business in Japan.

Soliton Systems K.K

Market Cap: JP¥38.7b

Engages in the development and sale of IT security-related products in Japan, the United States, and internationally.

Slogan

Market Cap: JP¥1.8b

Provides human resource support services to various industries.

KLab

Market Cap: JP¥18.7b

Provides mobile online games in Japan and internationally.

GLOME HoldingsInc

Market Cap: JP¥2.7b

Engages in the medical-related and real estate businesses in Japan and internationally.

Nitchitsu

Market Cap: JP¥3.5b

Manufactures and sells machinery and materials in Japan.

Tohoku Steel

Market Cap: JP¥33.3b

Manufactures, processes, and distributes various types of special steel products in Japan.

Cgs Holdings

Market Cap: JP¥3.2b

Develops, distributes, and supports CAD/CAM, production management, and prototyping solutions in Japan and internationally.

UP GARAGE GROUP

Market Cap: JP¥9.4b

Engages in the operation car and motorcycle supplies and leased stores in Japan.

Atsugi

Market Cap: JP¥15.1b

Manufactures and sells legwear and innerwear products in Japan.

BlueMeme

Market Cap: JP¥3.0b

Engages in the DX business in Japan.

istyle

Market Cap: JP¥39.2b

Operates a beauty portal site @cosme in Japan and internationally.

Tomita

Market Cap: JP¥6.3b

Distributes machine tool products in Japan and internationally.

ChoushimaruLtd

Market Cap: JP¥20.0b

Operates gourmet carousel sushi restaurants in Japan and internationally.

VALUENEX Japan

Market Cap: JP¥6.4b

Together with its subsidiary, provides data analysis tools in Japan.

Tsubakimoto Kogyo

Market Cap: JP¥48.7b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

SecuAvail

Market Cap: JP¥2.1b

Engages in the provision of system security solutions in Japan.

CELMInc

Market Cap: JP¥7.1b

Provides support services for human resources and organizational development in Japan, China, and Singapore.

Tokai Carbon

Market Cap: JP¥363.5b

Engages in the manufacture and sale of carbon-related products and services in Japan.

SE

Market Cap: JP¥8.2b

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

Konishi

Market Cap: JP¥88.6b

Manufactures and sells synthetic adhesives in Japan.

Besterra

Market Cap: JP¥9.9b

Engages in plant demolition work and other related business in Japan.

Cota

Market Cap: JP¥30.4b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Base

Market Cap: JP¥53.5b

Engages in the computer software development and related work in Japan.

Kyowa Engineering Consultants

Market Cap: JP¥4.1b

Provides construction consulting services in Japan and internationally.

Muto Seiko

Market Cap: JP¥15.0b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

IBJ

Market Cap: JP¥30.4b

Provides marriage hunting services in Japan.