Japanese Automobiles Undervalued over 20% based on DCF

Sumitomo Electric Industries

Market Cap: JP¥7.3t

Manufactures and sells various materials in Japan and internationally.

DENSO

Market Cap: JP¥5.2t

Engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally.

Bridgestone

Market Cap: JP¥4.3t

Manufactures and sells tires and rubber products in Japan, China, India, the Asia Pacific, the United States, the Americas, Europe, the Middle East, and Africa.

Isuzu Motors

Market Cap: JP¥1.6t

Manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide.

Niterra

Market Cap: JP¥1.5t

Manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally.

Mazda Motor

Market Cap: JP¥652.9b

Engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North America, Europe, and internationally.

GS Yuasa

Market Cap: JP¥587.8b

Manufactures and sells batteries, power supplies, lighting equipment, and other battery and electrical equipment in Japan, Asia, North America, Europe, and internationally.

Toyo Tire

Market Cap: JP¥579.3b

Manufactures and sells tires in Japan, North America, and internationally.

NHK Spring

Market Cap: JP¥506.3b

Manufactures and sells automotive parts in Japan, rest of Asia, America, Europe, and internationally.

Toyota Boshoku

Market Cap: JP¥437.7b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

NOK

Market Cap: JP¥434.2b

Manufactures, imports, and sells seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemical products, and electronic and various other products in Japan and internationally.

Nifco

Market Cap: JP¥422.1b

Manufactures and sells industrial plastic parts and components in Japan, Asia, North America, China, South Korea, the United States, and Europe.

F.C.C

Market Cap: JP¥159.4b

Manufactures and sells clutches for automobiles, motorcycles, and general-purpose machinery in Japan and internationally.

Topre

Market Cap: JP¥119.7b

Engages in the press-related products and temperature-controlled logistics-related businesses in Japan.

Shoei

Market Cap: JP¥87.9b

Manufactures and sells motorcycle helmets for general public and government agencies under the SHOEI brand worldwide.

G-Tekt

Market Cap: JP¥80.3b

Manufactures and sells auto body components and transmission parts in Japan and internationally.

Unipres

Market Cap: JP¥60.7b

Engages in manufacture and sale of automotive parts in Japan.

DaikyoNishikawa

Market Cap: JP¥58.2b

Develops, manufactures, and sells automotive parts and synthetic plastic products in Japan.

Nichirin

Market Cap: JP¥54.3b

Manufactures and sells automotive and housing hoses, and related parts in Japan and internationally.

FUJIKURA COMPOSITES

Market Cap: JP¥48.8b

Engages in the manufacture and sale of industrial rubber components in Japan, the United States, China, and internationally.

T.RAD

Market Cap: JP¥45.6b

Engages in the research and development, manufacture, and sale of heat exchangers for automobiles, construction and industrial machines, air conditioners, generators, and others in Japan, the United States, China, rest of Asia, and internationally.

Yutaka GikenLtd

Market Cap: JP¥44.5b

Manufactures and sells automobile parts in Japan, North America, China, Asia, and internationally.

Suncall

Market Cap: JP¥43.7b

Manufactures and distributes automotive parts and materials, Printer-related products, and Communications-related products in Japan, North America, and Asia.

Ohashi Technica

Market Cap: JP¥29.1b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, China, Thailand, ASEAN, Europe, Taiwan, and internationally.

FukokuLtd

Market Cap: JP¥26.0b

Manufactures and sells rubber, metal and synthetic resin, and bio and medical related products in Japan, Southeast Asia, India, the United States, Europe, China, South Korea, and internationally.

Ahresty

Market Cap: JP¥20.4b

Engages in the aluminum die casting and alloy ingots in Japan.

Kasai Kogyo

Market Cap: JP¥10.3b

Engages in the manufacture and sale of automotive interior and exterior parts, and related businesses in Japan and internationally.

Aska

Market Cap: JP¥10.2b

Manufactures and sells automotive parts, control systems, and robot systems in Japan.

Nihon Plast

Market Cap: JP¥8.1b

Engages in the manufacture, processing, repair, and sale of automotive parts in Japan and internationally.

HKS

Market Cap: JP¥3.2b

Engages in the manufacture and sale of automobile aftermarket parts in Japan and internationally.

Mitsuchi

Market Cap: JP¥3.1b

Manufactures, delivers, and sells custom fasteners for automotive components in Japan.

Sakurai

Market Cap: JP¥1.8b

Manufactures and sells machine tools.