Japanese Strong Balance Sheet Stocks

Taiho Transportation

Market Cap: JP¥3.2b

Provides logistics services in Japan.

TS TECH

Market Cap: JP¥212.3b

Engages in development, manufacture, and sale of seats for automobiles.

Subaru Enterprise

Market Cap: JP¥48.1b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

Nippon Carbide Industries

Market Cap: JP¥33.1b

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

Software Service

Market Cap: JP¥53.8b

Engages in providing electric medical record, hospital total ordering, and other systems.

Nitto Fuji Flour MillingLtd

Market Cap: JP¥61.8b

Manufactures and sells flour products in Japan.

Soliton Systems K.K

Market Cap: JP¥40.0b

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

Kodama Chemical IndustryLtd

Market Cap: JP¥10.7b

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

PhoenixBio

Market Cap: JP¥1.5b

Provides contract testing services for medical product development in Japan, the United States, and internationally.

Ensuiko Sugar Refining

Market Cap: JP¥11.5b

Manufactures and sells sugar products in Japan.

Nihon Flush

Market Cap: JP¥16.1b

Manufactures and sells interior products and construction materials in Japan.

CTS

Market Cap: JP¥34.1b

Primarily engages in the provision of ICT construction services for the construction industry in Japan.

Union Tool

Market Cap: JP¥391.1b

Designs, manufactures, and sells of cutting tools, linear motion products, and metal machining equipment in Japan, China, Taiwan, and internationally.

Ray

Market Cap: JP¥6.1b

Engages in the video production business 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.

Nitto Boseki

Market Cap: JP¥667.7b

Manufactures, processes, and sells glass fiber products, chemical and pharmaceutical products, and textile products in Japan.

Cresco

Market Cap: JP¥60.5b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Business Brain Showa-Ota

Market Cap: JP¥33.0b

Provides consulting and systems development, and business management services in Japan.

Techno Ryowa

Market Cap: JP¥115.4b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Nippon Carbon

Market Cap: JP¥51.4b

Engages in the manufacture and sale of carbon products in Japan.

NTT Data Intramart

Market Cap: JP¥13.9b

Provides software products and services in Japan and internationally.

Kanro

Market Cap: JP¥45.7b

Manufactures and sells confectionery and food products in Japan.

BroadBand Tower

Market Cap: JP¥16.4b

Provides computer and media solutions platforms in Japan.

Ad-Sol Nissin

Market Cap: JP¥22.8b

Develops information and embedded systems for companies in Japan.

Muto Seiko

Market Cap: JP¥15.0b

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

Kagome

Market Cap: JP¥229.9b

Kagome Co., Ltd. is involved in the manufacturing, purchasing, and sale of vegetable drinks and food products in Japan and internationally.

Otsuka Holdings

Market Cap: JP¥5.4t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

PCI Holdings

Market Cap: JP¥11.7b

Engages in the information service business.

Nippon Tungsten

Market Cap: JP¥10.1b

Provides metal material products, primarily tungsten, and fine ceramic products based on powder metallurgy technology.

Sekisui Chemical

Market Cap: JP¥949.1b

Engages in the housing, urban infrastructure and environmental products, high performance plastics, and medical businesses in Japan, Europe, Asia, and the Americas.

Mitsui Kinzoku Company

Market Cap: JP¥2.3t

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

SaizeriyaLtd

Market Cap: JP¥253.0b

Operates restaurants in Japan, Australia, Indonesia and Asia.

Wowow

Market Cap: JP¥28.2b

Provides broadcasting and related services in Japan.

Totech

Market Cap: JP¥158.3b

Engages in the sale of air conditioning equipment in Japan.

Nitto Denko

Market Cap: JP¥2.0t

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania.

Central Forest Group

Market Cap: JP¥23.5b

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