Japanese Capital Goods Undervalued based on future growth

Tokyu Construction

Market Cap: JP¥125.1b

Engages in the civil engineering and building construction businesses in Japan.

Kyokuto Kaihatsu KogyoLtd

Market Cap: JP¥83.1b

Manufactures and sells special purpose vehicles, environmental equipment and systems, and car parking systems in Japan.

Hosokawa Micron

Market Cap: JP¥76.1b

Provides powder and plastic processing equipment in Japan, the Americas, Europe, Asia, and internationally.

Nippon Sheet Glass Company

Market Cap: JP¥67.5b

Engages in the manufacture and sale of glass and glass products in Europe, Asia, and the Americas.

Iseki

Market Cap: JP¥41.5b

Engages in the development, manufacture, and sale of agricultural machinery in Japan, Asia, Europe, the United States, and internationally.

Juki

Market Cap: JP¥17.0b

Manufactures and sells industrial and household sewing machines, and industrial equipment in Japan, China, India, rest of Asia, the Americas, Europe, and internationally.

Okada Aiyon

Market Cap: JP¥16.1b

Engages in the manufacture, sale, and repair of construction machines in Japan.

Pegasus

Market Cap: JP¥12.7b

Manufactures and sells industrial sewing machines in Japan, China, Bangladesh, rest of Asia, the United States, Europe, and internationally.

Suzumo Machinery

Market Cap: JP¥12.1b

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

UPR

Market Cap: JP¥7.3b

Primarily engages in the rental and sale of pallets and logistics equipment in Japan.