Global Leverage Leaders

Multistrada Arah Sarana

Market Cap: Rp56.9t

Manufactures, distributes, and markets two and four wheeler tires for motor vehicles in Indonesia, the Middle East, Europe, Australia, Africa, Asia, and the United States.

Raspadskaya

Market Cap: ₽198.1b

Public Joint Stock Company Raspadskaya, together with its subsidiaries, engages in the mining of coking coal.

PJSC LUKOIL

Market Cap: ₽2.5t

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.

Oil Company Bashneft

Market Cap: ₽176.8b

Public Joint Stock Oil Company Bashneft engages in the development and implementation, exploration, production, and refining of oil reserves in Russia.

WorkmanLtd

Market Cap: JP¥465.2b

Operates a chain of specialty retail stores in Japan.

Lion

Market Cap: JP¥449.1b

Manufactures and sells consumer and industrial products in Japan and internationally.

Sekisui Chemical

Market Cap: JP¥1.1t

Engages in the housing, urban infrastructure and environmental products, high performance plastics, and medical businesses in Japan, Europe, Asia, and the Americas.

Elbit Systems

Market Cap: ₪71.1b

Develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications in Israel, North America, Europe, the Asia-Pacific, Latin America, and internationally.

Mitsubishi Heavy Industries

Market Cap: JP¥13.0t

Manufactures and sells heavy machinery worldwide.

Mazda Motor

Market Cap: JP¥612.6b

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

Toei Company

Market Cap: JP¥336.8b

A content company, engages in the production and distribution of movies, television (TV) shows, and other video products in Japan.

Sanwa Holdings

Market Cap: JP¥1.0t

Through its subsidiaries, manufactures and sells steel construction materials for commercial and residential construction in Japan, North America, Europe, and Asia.

Recruit Holdings

Market Cap: JP¥12.2t

Provides HR technology and business solutions that transforms the world of work.

NGK Insulators

Market Cap: JP¥638.1b

Manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and internationally.

Macnica Holdings

Market Cap: JP¥380.5b

Imports, sells, and exports electronic components in Japan.

McDonald's Holdings Company (Japan)

Market Cap: JP¥837.6b

McDonald's Holdings Company (Japan), Ltd.

Makita

Market Cap: JP¥1.3t

Engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Central and South America, Oceania, The Middle East, and Africa.

HORIBA

Market Cap: JP¥470.1b

Manufactures and sells instruments and systems in worldwide.

Nintendo

Market Cap: JP¥16.7t

Develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally.

DENSO

Market Cap: JP¥5.8t

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

Yakult HonshaLtd

Market Cap: JP¥710.5b

Manufactures and sells food and beverage products in Japan, the Americas, Asia, Oceania, and Europe.

BANDAI NAMCO Holdings

Market Cap: JP¥3.4t

Develops entertainment-related products and services worldwide.

NEC

Market Cap: JP¥6.2t

Provides information technology services and social infrastructure in Japan and internationally.

Mitsui Mining & Smelting

Market Cap: JP¥382.7b

Engages in the manufacture and sale of metal products in Japan and internationally.

NSK

Market Cap: JP¥369.5b

Manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide.

Bure Equity

Market Cap: SEK 21.7b

A private equity and venture capital firm specializing in secondary direct, later stage, middle market, mature, buyouts, mid venture, late venture, PIPES, bridge, industry consolidation, recapitalizations, growth capital, special situation and turnarounds.

Expeditors International of Washington

Market Cap: US$15.9b

Provides logistics services in the Americas, North Asia, South Asia, Europe, and MAIR.

SSAB

Market Cap: SEK 56.4b

Engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally.

Lam Research

Market Cap: US$129.1b

Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.

MYR Group

Market Cap: US$2.9b

Through its subsidiaries, provides electrical construction services in the United States and Canada.

Biogen

Market Cap: US$19.2b

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally.

Ambarella

Market Cap: US$2.7b

Develops semiconductor solutions that enable artificial intelligence (AI) processing, advanced image signal processing, and high-definition (HD) and ultra-HD compression.

Exponent

Market Cap: US$3.6b

Operates as a science and engineering consulting company in the United States and internationally.

Tenaris

Market Cap: €16.2b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

ACADIA Pharmaceuticals

Market Cap: US$4.2b

A biopharmaceutical company, focuses on the development and commercialization of medicines for central nervous system (CNS) disorders and rare diseases in the United States.

Stock Yards Bancorp

Market Cap: US$2.2b

Operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.