Japanese Strong Balance Sheet Stocks

TECHNO ASSOCIE

Market Cap: JP¥31.6b

TECHNO ASSOCIE Co., Ltd. designs, manufactures, and sells fasteners, processed components, raw steel, electrical components, chemical products, and industrial instruments worldwide.

Taiho Transportation

Market Cap: JP¥2.9b

Provides logistics services in Japan.

Makita

Market Cap: JP¥1.1t

Engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Australia, Brazil, and the United Arab Emirates.

Maezawa Kasei Industries

Market Cap: JP¥25.7b

Produces and sells water and sewerage related products, and environmental equipment.

ISE Chemicals

Market Cap: JP¥98.6b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Hodogaya Chemical

Market Cap: JP¥23.1b

Primarily engages in the production and sale of organic industrial chemicals in Japan.

Kyodo Paper Holdings

Market Cap: JP¥3.1b

Sells paper and paper products.

M - mart

Market Cap: JP¥5.9b

M - Mart Inc. engages in the e-marketplace business in Japan.

Kohoku KogyoLTD

Market Cap: JP¥41.0b

Manufactures and sells lead terminals for aluminum electrolytic capacitors, optical components and devices for optical fiber communication network, and precision components using quartz glass materials in Japan, China, rest of Asia, England, the United States, and internationally.

Toukei Computer

Market Cap: JP¥72.9b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Cota

Market Cap: JP¥38.8b

Manufactures and sells quasi drugs in Japan and internationally.

Aidma Holdings

Market Cap: JP¥25.2b

Engages in the sales, business, and management support businesses in Japan and internationally.

Tokyo Koki

Market Cap: JP¥1.5b

Engages in the manufacturing and selling of various testing machines and measuring instruments in Japan.

Tokyo Tekko

Market Cap: JP¥48.3b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

Nitto Fuji Flour MillingLtd

Market Cap: JP¥61.6b

Manufactures and sells flour products in Japan.

HIMACS

Market Cap: JP¥13.8b

Provides defined valued processes for various system lifecycles in Japan.

Sumitomo DensetsuLtd

Market Cap: JP¥163.2b

Operates as a construction company in Japan, Indonesia, Thailand, Cambodia, Myanmar, the Philippines, China, and Malaysia.

Mino Ceramic

Market Cap: JP¥8.0b

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

SOLXYZ

Market Cap: JP¥8.3b

Provides system integration, consulting, and outsourcing services in Japan.

NGK Insulators

Market Cap: JP¥493.0b

Manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others.

Subaru Enterprise

Market Cap: JP¥38.2b

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

SHANON

Market Cap: JP¥2.1b

Provides cloud solutions. It develops and sells SHANONMARKETING PLATFORM, an integrated marketing support cloud product; SHANONAdCloud, a demand-side platform for advertising distribution services; SHANONvbitCMCloud, a content management system; and ZIKU, a metaverse event platform, as well as creates related homepages and databases.

Cresco

Market Cap: JP¥46.7b

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

Toho

Market Cap: JP¥35.5b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

NJS

Market Cap: JP¥37.6b

Primarily engages in water and environmental consulting, digital transformation, and customer services business in Japan and internationally.

Shofu

Market Cap: JP¥74.4b

Manufactures and sells dental materials and equipment worldwide.

Recruit Holdings

Market Cap: JP¥10.6t

Provides HR technology and business solutions that transforms the world of work.

WITZ

Market Cap: JP¥3.8b

Engages in the service design and software development businesses in Japan.

NEC

Market Cap: JP¥3.9t

Provides information and communication technology solutions in Japan and internationally.

SE

Market Cap: JP¥8.1b

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

NS United Kaiun Kaisha

Market Cap: JP¥86.7b

Engages in the marine transportation services and related business in Japan and internationally.

Ricoh Company

Market Cap: JP¥827.8b

Engages in the provision of office, commercial printing, and related solutions worldwide.

Riso Kyoiku

Market Cap: JP¥40.1b

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

Miraial

Market Cap: JP¥10.2b

Engages in the manufacture, marketing, and sale of semiconductor-related products in Japan.

VALUENEX Japan

Market Cap: JP¥1.4b

Together with its subsidiary, provides data analysis tools in Japan, North America, Europe and internationally.

Prima Meat Packers

Market Cap: JP¥111.4b

Produces and markets hams and sausages, meats, processed foods, and other products in Japan.