Japanese Materials Undervalued based on future growth

JFE Holdings

Market Cap: JP¥1.3t

Through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally.

Okaya

Market Cap: JP¥177.0b

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

Hokuetsu

Market Cap: JP¥148.6b

Manufactures and sells paper products in Japan, the rest of Asia, North America, and internationally.

Nippon Paper Industries

Market Cap: JP¥134.5b

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

Kumiai Chemical Industry

Market Cap: JP¥85.4b

Manufactures and sells agrochemicals in Japan and internationally.

OSAKA Titanium technologiesLtd

Market Cap: JP¥69.8b

Manufactures and sells titanium products in Japan, the United States of America, China, and internationally.

Kanto Denka Kogyo

Market Cap: JP¥65.5b

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

Arakawa Chemical Industries

Market Cap: JP¥24.3b

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.

Nippon Carbide Industries

Market Cap: JP¥24.1b

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

Taoka Chemical Company

Market Cap: JP¥17.9b

Manufactures and sells chemicals, functional materials, and resin additives in Japan and internationally.

Ultrafabrics HoldingsLtd

Market Cap: JP¥11.3b

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