Global Automobiles Low Leverage High Rewards

Nifco

Market Cap: JP¥337.4b

Manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, Mexico, and Europe.

Koito Manufacturing

Market Cap: JP¥491.2b

Manufactures and markets automotive lighting equipment, aircraft parts, electrical equipment, and other products in Japan.

Car Mate Mfg

Market Cap: JP¥6.0b

Primarily manufactures and sells car accessories.

Aisin

Market Cap: JP¥1.4t

Manufactures and sells automotive parts, and energy and lifestyle related products.

Tanaka Seimitsu Kogyo

Market Cap: JP¥9.8b

Manufactures and sells automobile and motorcycle parts, and general-purpose parts in Japan and internationally.

Toyota Boshoku

Market Cap: JP¥366.0b

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

Sumitomo Electric Industries

Market Cap: JP¥1.8t

Manufactures and sells electric wires and cables worldwide.

ALPHA

Market Cap: JP¥10.5b

Develops, manufactures, and sells lock and key products for automobile parts, housing hardware products, and coin operated lockers in Japan and internationally.

Stanley Electric

Market Cap: JP¥399.2b

Stanley Electric Co., Ltd., together with its subsidiaries, manufacture, sells, and import/export of automotive and other light bulbs in Japan and internationally.

SAIC Motor

Market Cap: CN¥185.5b

Researches and develops, produces, and sells vehicles and their parts in the People’s Republic of China and internationally.

Hankook Tire & Technology

Market Cap: ₩5.1t

Manufactures and sells tires worldwide.

APM Automotive Holdings Berhad

Market Cap: RM 660.8m

An investment holding company, designs, assembles, manufactures, and distributes automotive and locomotive parts and components in Malaysia, Indonesia, Vietnam, Europe, the United States, Australia, and internationally.

Triangle TyreLtd

Market Cap: CN¥10.8b

Engages in the research and development, design, manufacture, and marketing of tire products in China.

Amotiv

Market Cap: AU$1.1b

Through its subsidiaries, manufactures, imports, distributes, and sells automotive products in Australia, New Zealand, Thailand, South Korea, France, and the United States.

KYB

Market Cap: JP¥141.4b

Manufactures and sells automotive, hydraulic, and aircraft components worldwide.

Schaffer

Market Cap: AU$284.2m

A diversified industrial and investment company, engages in the manufacture and sale of automotive leather and building materials primarily in Australia, Asia, and Europe.

Fuyao Glass Industry Group

Market Cap: CN¥147.6b

Engages in the provision of safety glass solutions and automotive accessories for various transportation vehicles in China and internationally.

Weifu High-Technology Group

Market Cap: CN¥17.6b

Researches, develops, produces, and sells automotive products in the People’s Republic of China.

Tong Yang Industry

Market Cap: NT$77.8b

Engages in the manufacture and sale of parts, components, and models for automobiles and motorcycles in Taiwan, China, the United States, and internationally.

Yuasa Battery (Thailand)

Market Cap: ฿1.1b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

Motonic

Market Cap: ₩207.4b

Manufactures and sells automotive components worldwide.

Jason

Market Cap: NT$3.3b

Manufactures and sells steering and suspension products in Taiwan.

SNT Holdings

Market Cap: ₩479.3b

SNT Holdings CO.,LTD engages in auto parts and industrial facilities businesses.

India Nippon Electricals

Market Cap: ₹13.5b

Provides electronic ignition systems for automotive industry in India and internationally.

Akwel

Market Cap: €194.5m

Manufactures automotive and heavy goods vehicle components in France and internationally.

Niterra

Market Cap: JP¥881.5b

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

Mitsuchi

Market Cap: JP¥3.2b

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

Tokai Rika

Market Cap: JP¥181.0b

Engages in the manufacture and sale of human interface systems and controls, security systems, safety systems, electronics, ornaments, and home devices in Japan, North America, Asia, and internationally.

Pacific Industrial

Market Cap: JP¥71.7b

Manufactures and sells automotive and electronic equipment parts in Japan and internationally.

Fuji Oozx

Market Cap: JP¥14.1b

Engages in the manufacturing and sale of engine valves and other engine related components in Japan and internationally.

Banco Products (India)

Market Cap: ₹52.5b

Engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally.

SJM

Market Cap: ₩47.7b

Manufactures and sells automobile and industrial products in Korea and internationally.

Tieliu Co.Ltd

Market Cap: CN¥2.4b

Manufactures and sells automotive transmission systems and high-precision parts in China and internationally.

China Motor

Market Cap: NT$39.6b

Engages in the manufacture and sale of automobiles and related parts and components in Taiwan and internationally.

Chongqing Qin'an M&E

Market Cap: CN¥5.0b

Together with its subsidiary, engages in the manufacture and sale of automobile engine power and transmission system products in China.

Depo Auto Parts Industrial

Market Cap: NT$30.1b

Manufactures and sells automotive and other related lighting products.