Japanese Materials Strong Balance Sheet Stocks

KeePer Technical Laboratory

Market Cap: JP¥109.0b

Develops, manufactures, and sells car coatings, car washing chemicals and equipment, and other products in Japan.

ISE Chemicals

Market Cap: JP¥94.4b

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

Tohoku Steel

Market Cap: JP¥14.5b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

Nippon Carbide Industries

Market Cap: JP¥15.1b

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

Muto Seiko

Market Cap: JP¥9.4b

Engages in the manufacture and sale of plastic parts in Japan and internationally.

Daido Steel

Market Cap: JP¥206.8b

Manufactures and sells steel products in Japan and internationally.

Araya Industrial

Market Cap: JP¥20.7b

Manufactures and sells steel products in Japan and internationally.

Nippon Denko

Market Cap: JP¥35.0b

Engages in the ferroalloys, functional materials, incineration ash recycling, aqua solutions, and electric power businesses in Japan.

Nippon Paint Holdings

Market Cap: JP¥2.4t

Engages in the paints and fine chemicals businesses.

ONEX

Market Cap: JP¥3.5b

Provides metal heat treatment, remediation, and processing services in Japan and internationally.

Nippon Crucible

Market Cap: JP¥4.0b

Through its subsidiaries, engages in the manufacture and sale of refractory products primarily in Japan.

Natoco

Market Cap: JP¥10.7b

Manufactures and sells paints, inks, fine chemicals, synthetic resins, and related products in Japan.

Nihon Parkerizing

Market Cap: JP¥127.3b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

KH Neochem

Market Cap: JP¥85.3b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Konishi

Market Cap: JP¥72.3b

Manufactures and sells synthetic adhesives in Japan.

Nitto Denko

Market Cap: JP¥1.7t

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

Pacific Metals

Market Cap: JP¥33.4b

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

SE

Market Cap: JP¥8.0b

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

Hodogaya Chemical

Market Cap: JP¥22.4b

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

Mino Ceramic

Market Cap: JP¥8.0b

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

Tokyo Tekko

Market Cap: JP¥48.5b

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

Tokai Carbon

Market Cap: JP¥182.0b

Manufactures and sells carbon-related products and services in Japan.

Ohishi Sangyo

Market Cap: JP¥10.9b

Engages in the manufacture and sale of industrial packaging materials primarily in Japan.

Nicca ChemicalLtd

Market Cap: JP¥20.5b

Manufactures and sells surfactants for textile chemicals, metals, pulp and paper, paints, dyes, synthetic resins, and dry and professional cleaning agents in Japan and internationally.

Osaka Soda

Market Cap: JP¥187.9b

Manufactures and sells chemical products in Japan, rest of Asia, Europe, North America, and internationally.

Toray Industries

Market Cap: JP¥1.4t

Manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally.

Kyowa Leather Cloth

Market Cap: JP¥15.3b

Manufactures and sells synthetic leather cover materials in Japan.

Toin

Market Cap: JP¥3.4b

Engages in the packaging materials, precision coating, and other businesses.

Vertex

Market Cap: JP¥46.3b

Manufactures and sells concrete secondary products in Japan.

Yamau Holdings

Market Cap: JP¥10.2b

Manufactures and sells concrete products in Japan.

Adeka

Market Cap: JP¥239.8b

Engages in chemicals, food products, and life science businesses.

Taisei Lamick Group Head Quarter & InnovationLtd

Market Cap: JP¥14.8b

Taisei Lamick Group Head Quarter & Innovation Co.,Ltd.

Asahi Yukizai

Market Cap: JP¥65.8b

Engages in the piping and foundry materials, resins, and water treatment and natural resources exploitation businesses in Japan.

Pack

Market Cap: JP¥59.0b

Manufactures and sells paper products, film packaging, and other products in Japan and internationally.

ChugokukogyoLtd

Market Cap: JP¥1.6b

Manufactures and sells high voltage, steel structure, and facility equipment.

Dainichiseika Color & Chemicals Mfg

Market Cap: JP¥47.6b

Dainichiseika Color & Chemicals Mfg. Co., Ltd.