Japanese Capital Goods Undervalued based on future growth

Central Glass

Market Cap: JP¥83.5b

Engages in the chemical and glass businesses in Japan, Asia, Europe, and internationally.

West Holdings

Market Cap: JP¥70.3b

Engages in the renewable energy business in Japan and internationally.

Torishima Pump Mfg

Market Cap: JP¥55.2b

Manufactures and sells various pumps in Japan and internationally.

Nippon Thompson

Market Cap: JP¥46.0b

Develops, manufactures, and sells needle roller bearings, linear motion rolling guides, precision positioning tables, and machine components under the IKO brand in Japan, North America, Europe, China, Singapore, Malaysia, and India.

NittokuLtd

Market Cap: JP¥39.6b

Develops, manufactures, sells, and services automatic winding machines, and related machinery and parts in Japan and internationally.

NittoseikoLtd

Market Cap: JP¥23.4b

Manufactures and sells industrial fasteners and tools, industrial machinery and precision equipment, measurement and control equipment, and medical equipment in Japan, rest of Asia, and internationally.

Suzumo Machinery

Market Cap: JP¥20.4b

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

Pegasus

Market Cap: JP¥16.7b

Manufactures and sells industrial sewing machines worldwide.

Okada Aiyon

Market Cap: JP¥16.4b

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

PuequLTD

Market Cap: JP¥7.7b

Manufactures and sells pumps, blowers, air conditioners, and factory equipment in Japan.