Japanese Materials Undervalued based on future growth

Daicel

Market Cap: JP¥332.1b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

Tokuyama

Market Cap: JP¥273.0b

Produces and sells various chemical products in Japan.

Okaya

Market Cap: JP¥154.9b

Engages in the selling, exporting, and importing of iron and steel, special steel, non-ferrous metals in Japan and internationally.

Nippon Paper Industries

Market Cap: JP¥123.1b

Engages in the production and sale of pulp and paper products in Japan, Oceania, Asia, North America, and internationally.

KH Neochem

Market Cap: JP¥84.5b

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

Asahi Yukizai

Market Cap: JP¥83.8b

Engages in the piping system, resin, and water treatment and resource development businesses in Japan.

Kanto Denka Kogyo

Market Cap: JP¥58.3b

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

Arakawa Chemical Industries

Market Cap: JP¥21.6b

Provides chemicals for functional coating agents and paper manufacturing, resins for printing inks and adhesives, and materials for electronics in Japan, China, Asia, North and South America, Europe, and internationally.

KEIWA

Market Cap: JP¥21.2b

Develops, manufactures, and sells optical films in Japan.

Nippon Carbide Industries

Market Cap: JP¥19.9b

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

Fumakilla

Market Cap: JP¥19.0b

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

Taoka Chemical Company

Market Cap: JP¥17.6b

Manufactures and sells various chemicals in Japan and internationally.

Ultrafabrics HoldingsLtd

Market Cap: JP¥11.9b

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