Japanese Capital Goods Strong Balance Sheet Stocks

Nippon Carbon

Market Cap: JP¥48.3b

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

Moriya

Market Cap: JP¥11.4b

Operates as a general construction company in Japan.

YashimaLtd

Market Cap: JP¥8.2b

Engages in the sale, maintenance, and import/export of railway related products and electronic parts for industrial machines in Japan and internationally.

Totech

Market Cap: JP¥132.6b

Engages in the sale of environment control equipment in Japan.

Kikusui Chemical Industries

Market Cap: JP¥5.1b

Engages in the manufacture and sale of functional, building finishing, construction, and civil engineering materials in Japan and internationally.

Tsubakimoto Chain

Market Cap: JP¥212.9b

Manufactures and sells chains, motion control, mobility, materials handling systems components in Japan.

Nireco

Market Cap: JP¥14.5b

Provides process control, Web control, and inspection systems in Japan.

Star Micronics

Market Cap: JP¥80.8b

Produces and sells machine tools and special products in Japan, Europe, the United States, and Asia.

Oriental Shiraishi

Market Cap: JP¥55.6b

Produces, constructs, and sells prestressed concrete products and structures in Japan.

Maezawa Kasei Industries

Market Cap: JP¥32.6b

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

Tokyo Kikai Seisakusho

Market Cap: JP¥4.2b

Engages in the manufacture and sale of printing machinery in Japan.

Nadex

Market Cap: JP¥8.5b

Engages in the development, manufacture, sale, and installation of welding equipment in Japan, North America, China, Southeast Asia, and internationally.

Suzumo Machinery

Market Cap: JP¥20.1b

Manufactures and sells food machines for small kitchens and factories worldwide.

Besterra

Market Cap: JP¥9.7b

Engages in plant demolition work and other related business.

Sumitomo DensetsuLtd

Market Cap: JP¥224.2b

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

Kyowa Engineering Consultants

Market Cap: JP¥4.1b

Provides construction consultancy services in Japan and internationally.

Nippon Tungsten

Market Cap: JP¥6.7b

Provides rare metal and fine ceramic products primarily composed of tungsten based on powder metallurgical technology.

Toyota Tsusho

Market Cap: JP¥4.4t

Engages in the metals, circular economy, supply chain, mobility, green infrastructure, digital solutions, and lifestyle businesses.

Otec

Market Cap: JP¥27.9b

Trades pipework equipment in Japan.

Nikko

Market Cap: JP¥4.3b

Engages in the housing environmental equipment, functional ceramic products, and ceramics businesses in Japan and internationally.

Sanwa Holdings

Market Cap: JP¥925.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Nitchitsu

Market Cap: JP¥4.0b

Manufactures and sells industrial machinery in Japan.

Sonec

Market Cap: JP¥7.3b

Engages in the general construction business.

Tsubakimoto Kogyo

Market Cap: JP¥52.5b

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

Tomita

Market Cap: JP¥6.1b

Distributes machine tool products in Japan and internationally.

Freund

Market Cap: JP¥18.2b

Develops, manufactures, and sells granulation and coating equipment and plant engineering for the pharmaceutical, food, chemical, and other industries in Japan and internationally.

Dijet Industrial

Market Cap: JP¥3.1b

Engages in the manufacture and sale of cemented carbide tools worldwide.

Asahi Eito HoldingsLtd

Market Cap: JP¥2.1b

Engages in the manufacture and sale of sanitary and washroom equipment.

NGK Insulators

Market Cap: JP¥733.5b

Manufactures and sells electric power related equipment in Japan, rest of Asia, North America, Europe, and internationally.

Ecology and Combustion

Market Cap: JP¥3.0b

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

SHO-BOND HoldingsLtd

Market Cap: JP¥249.9b

Engages in repairing and reinforcing social infrastructures in Japan.

Iwaki

Market Cap: JP¥59.0b

Manufactures and sells chemical pumps and pump controller products for OEMs in a range of markets and applications in Japan and internationally.

Moriya Transportation Engineering and ManufacturingLtd

Market Cap: JP¥88.1b

Moriya Transportation Engineering and Manufacturing Co.,Ltd.

Mitsubishi Heavy Industries

Market Cap: JP¥12.9t

Manufactures and sells heavy machinery worldwide.

Terasaki ElectricLtd

Market Cap: JP¥47.4b

Manufactures and sells marine and industrial systems, circuit breakers, and medical devices in Japan and internationally.

Ebara

Market Cap: JP¥1.4t

Manufactures and sells pumps, compressors, turbines, and chillers in Europe, the Middle East, Africa, Asia, Japan, Oceania, North America, and Central and South America.