Global Capital Goods Low Leverage High Rewards

Kikusui Chemical Industries

Market Cap: JP¥4.9b

Engages in the manufacture and sale of functional, architectural finishing, construction, and civil engineering materials primarily in Japan.

Sonec

Market Cap: JP¥9.9b

Engages in the general construction business.

NippiIncorporated

Market Cap: JP¥34.0b

Manufactures and sells collagen and gelatin products in Japan, Thailand, rest of Asia, North America, and internationally.

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥31.0b

Designs, manufactures, and sells water supply equipment in Japan.

Tanabe Engineering

Market Cap: JP¥25.2b

Engages in plant construction and machinery production activities in Japan.

DKSH Holding

Market Cap: CHF 3.8b

Provides various market expansion services in Thailand, Greater China, Malaysia, Singapore, rest of the Asia Pacific, and internationally.

Valmet Oyj

Market Cap: €4.6b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

Soda Nikka

Market Cap: JP¥23.3b

Engages in the trading of chemicals in Japan and internationally.

Advan Group

Market Cap: JP¥31.0b

Imports and sells architectural finishing materials and housing equipment in Japan.

Sinko Industries

Market Cap: JP¥79.9b

Manufactures, sells, and installs air conditioning equipment in Japan and internationally.

Hazama Ando

Market Cap: JP¥302.7b

Engages in construction and related business in Japan and internationally.

Rasa

Market Cap: JP¥19.2b

Trades in and supplies various products in Japan, Singapore, China, Thailand, Asia, and internationally.

Chien Kuo Construction

Market Cap: NT$8.1b

Engages in the construction business in Taiwan and China.

Sanyo Trading

Market Cap: JP¥45.1b

Through its subsidiaries, engages in the rubber, chemical, green technology, industrial products, and life science businesses in Japan and internationally.

Hefei Meyer Optoelectronic Technology

Market Cap: CN¥15.7b

Engages in the research, development, manufacturing, and sale of optoelectronic intelligent identification equipment in China and internationally.

Arwana Citramulia

Market Cap: Rp3.6t

Manufactures and distributes ceramic tiles in Indonesia and internationally.

Eurocell

Market Cap: UK£109.0m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

Thermador Groupe

Market Cap: €661.2m

Engages in the distribution business in France and internationally.

Russel Metals

Market Cap: CA$2.8b

Engages in the distribution of steel and other metal products in Canada and the United States.

Mansei

Market Cap: JP¥9.7b

Provides electronic products in Japan.

Komori

Market Cap: JP¥85.1b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Totetsu Kogyo

Market Cap: JP¥187.4b

Engages in the railway track maintenance, civil engineering, architectural, and environmental businesses in Japan.

SHO-BOND HoldingsLtd

Market Cap: JP¥271.8b

Engages in repairing and reinforcing social infrastructures in Japan.

Sanwa Holdings

Market Cap: JP¥766.5b

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

Takada

Market Cap: JP¥13.1b

Engages in the plant, engineering, plant diagnosis, and electronics equipment businesses in Japan and internationally.

Maezawa Kasei Industries

Market Cap: JP¥30.5b

Produces and sells water and sewerage related products, and environmental equipment.

Tsubakimoto Kogyo

Market Cap: JP¥50.0b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Totech

Market Cap: JP¥151.9b

Engages in the sale of air conditioning equipment in Japan.

Nippon Carbon

Market Cap: JP¥52.5b

Engages in the manufacture and sale of carbon products in Japan.

Moriya

Market Cap: JP¥13.3b

Operates as a general construction company in Japan.

Kondotec

Market Cap: JP¥37.8b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Dijet Industrial

Market Cap: JP¥3.2b

Engages in the manufacture and sale of cemented carbide tools worldwide.

Chudenko

Market Cap: JP¥241.2b

Operates as an equipment engineering company in Japan.

Original Engineering Consultants

Market Cap: JP¥9.1b

Original Engineering Consultants Co., Ltd.

Tsubakimoto Chain

Market Cap: JP¥224.9b

Manufactures and sells chains, motion control, mobility, materials handling systems components in Japan.

Denyo

Market Cap: JP¥70.5b

Engages in manufacturing and selling of engine-driven generators, welders, air compressors, and other special machinery in Japan, the United States, Asia, and internationally.