Global Capital Goods Low Leverage High Rewards

EXEO Group

Market Cap: JP¥345.7b

Engages in telecommunications, civil engineering, construction, electric equipment, system solutions, and renewable energy business in Japan.

Takara StandardLtd

Market Cap: JP¥121.8b

Manufactures and sells enameled products.

TanakaLtd

Market Cap: JP¥5.1b

Engages in the wholesale of electrical materials and appliances in Japan.

Canare Electric

Market Cap: JP¥10.2b

Develops, manufactures, and sells audio and video cables, connectors, patchbays, and fiber-optic products in Japan and internationally.

Takahashi Curtain Wall

Market Cap: JP¥3.9b

Engages in the PC curtain wall and aqua businesses in Japan.

Laxapana

Market Cap: LK₨2.1b

Together with its subsidiary, Sterling Steels (Private) Limited, manufactures, imports, and trades in dry cell batteries, LED and CFL lighting products, rechargeable torches, and industrial lighting products in Sri Lanka.

Seiko Electric

Market Cap: JP¥17.7b

Operates in the field of power system, and environmental energy and control system in Japan.

UEKI

Market Cap: JP¥12.4b

Operates as a general construction company in Japan.

Lida Holdings

Market Cap: NT$2.4b

Designs, manufactures, and sells air compressors, electric welding machines, and electrical tools.

Punch Industry

Market Cap: JP¥10.6b

Manufactures and sells mold and die components in Japan and internationally.

China Ecotek

Market Cap: NT$6.9b

Provides planning, design, installation, maintenance, and environmental impact assessment services for environmental protection engineering, cogeneration engineering, and steel industry in Taiwan.

Hazama Ando

Market Cap: JP¥222.4b

Engages in the construction and construction-related business in Japan and internationally.

Shin Nippon Air Technologies

Market Cap: JP¥98.2b

Provides engineering systems to control air, water, heat, and other areas of air conditioning, electrical, and sanitary facilities in Japan and internationally.

Toyo Denki Seizo K.K

Market Cap: JP¥12.5b

Manufactures and sells transportation, industrial, and information equipment systems in Japan and internationally.

Kokusai

Market Cap: JP¥7.9b

Engages in the manufacture and sale of testers, measurement instruments, and automatic inspection equipment for motors and rotating equipment in Japan and internationally.

KVK

Market Cap: JP¥14.9b

Manufactures and sells faucets in Japan.

Yamashin-Filter

Market Cap: JP¥37.8b

Operates as a filter manufacturer.

Pegasus

Market Cap: JP¥11.6b

Manufactures and sells industrial sewing machines worldwide.

Mitsuboshi Belting

Market Cap: JP¥100.3b

Manufactures and sells power transmission belts, waterproofing and water shielding sheets, and engineering plastics and structural foams in Japan and internationally.

Ochi Holdings

Market Cap: JP¥17.7b

Through its subsidiaries, trades in building materials in Japan.

Hosokawa Micron

Market Cap: JP¥58.3b

Provides powder and plastic processing equipment in Japan, the Americas, Europe, Asia, and internationally.

Huaming Power EquipmentLtd

Market Cap: CN¥13.4b

Provides tap changer products in China.

Wong Fong Industries

Market Cap: S$37.1m

An investment holding company, provides land transport engineering solutions and systems in Singapore, Malaysia, and Myanmar.

Ningbo BaoSi Energy Equipment

Market Cap: CN¥5.3b

Engages in research, development, production, and sale of high-end precision mechanical parts and sets of equipment in China and internationally.

Mengtian Home Group

Market Cap: CN¥2.7b

Research, develops, designs, produces, and sells customized wooden furniture in China.

Anhui HeliLtd

Market Cap: CN¥14.1b

Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China.

Shanghai Hanbell Precise Machinery

Market Cap: CN¥8.8b

Shanghai Hanbell Precise Machinery Co., Ltd.

China National Chemical Engineering

Market Cap: CN¥46.1b

An industrial engineering company, engages in the general contracting of construction, infrastructure, and overseas projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China.

Shenzhen Jasic TechnologyLtd

Market Cap: CN¥4.4b

Engages in the research and development, production, and sale of welding and cutting equipment in China and internationally.

JDM JingDaMachine (Ningbo)Ltd

Market Cap: CN¥4.2b

Produces and sells precision stamping parts in China and internationally.

Sinotruk Jinan TruckLtd

Market Cap: CN¥19.8b

Designs, develops, produces, and sells heavy-duty vehicles, special vehicles, specialized vehicles, engines, transmissions, axles, and other assemblies and automotive components in China.

Electrical Industries

Market Cap: ر.س8.1b

Through its subsidiaries, engages in the manufacture, assembly, supply, repair, and maintenance of transformers, compact substations and low voltage distribution panels, electrical distribution boards, cable trays, switch gears, and other electrical equipment in the Kingdom of Saudi Arabia, other Gulf countries, Europe, and Asia.

Carlo Gavazzi Holding

Market Cap: CHF 138.6m

Designs, manufactures, and sells electronic control components for building and industrial automation markets.

Skanska

Market Cap: SEK 93.3b

Operates as a construction and project development company in the Nordics, Europe, and the United States.

James Halstead

Market Cap: UK£662.7m

Manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally.

Cembre

Market Cap: €840.7m

Engages in the manufacture and sale of electrical connectors, cable accessories, and tools in Italy, the rest of Europe, and internationally.