Global Capital Goods Low Leverage High Rewards

SHO-BOND HoldingsLtd

Market Cap: JP¥255.1b

Engages in repairing and reinforcing social infrastructures in Japan.

Sonec

Market Cap: JP¥7.4b

Engages in the general construction business.

Kikusui Chemical Industries

Market Cap: JP¥4.8b

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

Sanwa Holdings

Market Cap: JP¥692.4b

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

NippiIncorporated

Market Cap: JP¥33.2b

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

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥28.7b

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

Tanabe Engineering

Market Cap: JP¥23.4b

Engages in plant construction and machinery production activities in Japan.

Yahagi ConstructionLtd

Market Cap: JP¥79.5b

Engages in the construction, civil engineering, and real estate business in Japan.

DKSH Holding

Market Cap: CHF 4.1b

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

Balmer Lawrie Investments

Market Cap: ₹16.1b

Engages in the industrial packaging, logistic and infrastructure, refinery and oil field, and travel and vacation businesses in India.

Panasonic Carbon India

Market Cap: ₹2.3b

Manufactures and sells carbon rods as a component of dry cell batteries to battery manufacturers in India and internationally.

Yokogawa Bridge Holdings

Market Cap: JP¥110.1b

Engages in the design, fabrication, and construction of steel structures in Japan and internationally.

Soda Nikka

Market Cap: JP¥24.4b

Engages in the trading of chemicals in Japan and internationally.

Advan Group

Market Cap: JP¥29.2b

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

TOLI

Market Cap: JP¥35.0b

Manufactures and sells floor coverings, wallpapers, drapes, and related installation accessories in Japan and internationally.

Chugai Ro

Market Cap: JP¥30.6b

Engages in the development of technologies in the thermal technology field in Japan and internationally.

Chien Kuo Construction

Market Cap: NT$8.2b

Engages in the construction business in Taiwan and China.

Watanabe Sato

Market Cap: JP¥11.2b

Engages in contracting for paving works, civil engineering works, and related businesses in Japan.

Rasa

Market Cap: JP¥18.4b

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

Hazama Ando

Market Cap: JP¥274.3b

Engages in construction and related business in Japan and internationally.

Hefei Meyer Optoelectronic Technology

Market Cap: CN¥14.2b

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

Eurocell

Market Cap: UK£102.2m

Engages in manufacturing, distribution, and recycling of building products in the United Kingdom and the Republic of Ireland.

Trace Group Hold

Market Cap: €79.9m

Through its subsidiaries, engages in the infrastructure construction, rehabilitation, maintenance, design, and related activities in Bulgaria and internationally.

Dijet Industrial

Market Cap: JP¥3.1b

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

Tokuden

Market Cap: JP¥4.4b

Manufactures and sells welding materials in Japan.

Dlg Exhibitions & Events

Market Cap: CN¥6.4b

Provides conference and exhibition services in China.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$14.8b

An investment holding company, engages in shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, France, Bulgaria, United Kingdom, Singapore, Denmark, Switzerland, and internationally.

Arwana Citramulia

Market Cap: Rp3.2t

Manufactures and distributes ceramic tiles in Indonesia and internationally.

Otec

Market Cap: JP¥36.3b

Trades pipework equipment in Japan.

Tsubakimoto Chain

Market Cap: JP¥261.6b

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

Nippon Carbon

Market Cap: JP¥51.8b

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

Shanghai YongLi Belting

Market Cap: CN¥4.2b

Develops, produces, and sells conveyor belts in China and internationally.

Maezawa Kasei Industries

Market Cap: JP¥26.8b

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

Mansei

Market Cap: JP¥10.2b

Provides electronic products in Japan.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥5.3b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Nikko

Market Cap: JP¥32.7b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.