Japanese Materials Undervalued based on future growth

Nippon Steel

Market Cap: JP¥3.1t

Engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally.

Mitsubishi Chemical Group

Market Cap: JP¥974.4b

Provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally.

Mitsui Chemicals

Market Cap: JP¥582.6b

Engages in the mobility, life and health care, basic and green materials, ICT, and other businesses worldwide.

Resonac Holdings

Market Cap: JP¥467.6b

Operates as a chemical company in Japan, China, rest of Asia, and internationally.

Mitsubishi Gas Chemical Company

Market Cap: JP¥424.1b

Manufactures and sells basic and fine chemicals, and functional materials in Japan.

Tokuyama

Market Cap: JP¥195.3b

Produces and sells various chemical products in Japan.

Denka

Market Cap: JP¥167.6b

Manufactures and sells organic and inorganic materials to electronic materials and pharmaceuticals in Japan and internationally.

Sumitomo Osaka Cement

Market Cap: JP¥129.9b

Engages in the cement production business in Japan and internationally.

KH Neochem

Market Cap: JP¥90.3b

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

PILLAR

Market Cap: JP¥82.8b

Designs, develops, manufactures, and sells various fluid control equipment in Japan.

Toho Titanium

Market Cap: JP¥69.9b

Engages in the manufacture and sale of titanium metals, catalysts for polyolefin, and chemicals in Japan.

Ishihara Sangyo KaishaLtd

Market Cap: JP¥65.8b

Engages in the manufacture and sale of organic and inorganic chemicals in Japan, Asia, the United States, Europe, and internationally.

OSAKA Titanium technologiesLtd

Market Cap: JP¥59.9b

Manufactures and sells titanium products.

Topy Industries

Market Cap: JP¥45.3b

Engages in the steel, automotive, industrial machinery components, and other businesses in Japan.

Asia Pile Holdings

Market Cap: JP¥33.8b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

DKS

Market Cap: JP¥24.9b

Engages in the production and sale of surfactants, other industrial chemicals, and life sciences-related products in Japan and internationally.

Soken Chemical & Engineering

Market Cap: JP¥24.3b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

Arakawa Chemical Industries

Market Cap: JP¥20.9b

Manufactures and sells chemicals for functional coating agents, paper manufacturing, resins for printing inks and adhesives, materials for electronic materials, etc.

Tokyo Rope Mfg

Market Cap: JP¥19.1b

Manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally.

Fumakilla

Market Cap: JP¥18.1b

Manufactures, sells, imports, and exports household, gardening, and business products worldwide.

Nippon Carbide Industries

Market Cap: JP¥15.6b

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

Taoka Chemical Company

Market Cap: JP¥14.7b

Manufactures and sells various chemicals in Japan and internationally.

Nitta Gelatin

Market Cap: JP¥14.6b

Produces and sells edible gelatin, pharmaceutical gelatin, and photographic gelatin in Japan.

Ultrafabrics HoldingsLtd

Market Cap: JP¥10.8b

Manufactures and sells polyurethane leather products in Japan, North America, Europe, and internationally.

Mipox

Market Cap: JP¥6.9b

Provides polishing products in Japan and internationally.

cottaLTD

Market Cap: JP¥4.2b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.