Japanese Capital Goods Low Leverage High Rewards

Kondotec

Market Cap: JP¥38.1b

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

MEISEI INDUSTRIALLtd

Market Cap: JP¥79.2b

Operates as a construction works company in Japan and internationally.

NippiIncorporated

Market Cap: JP¥40.3b

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

DN HoldingsLtd

Market Cap: JP¥16.8b

Engages in the construction consulting and geological survey businesses in Japan.

EPCOLtd

Market Cap: JP¥7.4b

Provides design services for housing and renewable energy facilities in Japan.

Toyo Denki Seizo K.K

Market Cap: JP¥18.2b

Manufactures and sells electrical machinery and equipment for transportation, industry, ICT solutions, and related businesses in Japan and internationally.

Hazama Ando

Market Cap: JP¥322.4b

Engages in construction and related business in Japan and internationally.

Taisei Oncho

Market Cap: JP¥29.1b

Engages in the design and construction management of air conditioning, water supply and drainage sanitation, and electrical equipment and general building construction businesses in Japan.

Central Glass

Market Cap: JP¥90.6b

Engages in the chemical and glass businesses in Japan, Asia, Europe, and internationally.

Totetsu Kogyo

Market Cap: JP¥164.8b

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

Totech

Market Cap: JP¥171.9b

Engages in the sale of air conditioning equipment in Japan.

Takada

Market Cap: JP¥13.6b

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

Sanwa Holdings

Market Cap: JP¥756.5b

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

Tsubakimoto Chain

Market Cap: JP¥237.8b

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

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.

Nikko

Market Cap: JP¥31.8b

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

Mansei

Market Cap: JP¥10.0b

Provides electronic products in Japan.

Denyo

Market Cap: JP¥75.8b

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

Nippon Carbon

Market Cap: JP¥51.4b

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

Tsubakimoto Kogyo

Market Cap: JP¥52.3b

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

Maezawa Kasei Industries

Market Cap: JP¥35.0b

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

Nireco

Market Cap: JP¥16.3b

Provides process control, Web control, and inspection systems in Japan.

Chudenko

Market Cap: JP¥247.5b

Operates as an equipment engineering company in Japan.

Sonec

Market Cap: JP¥11.0b

Engages in the general construction business.

Komori

Market Cap: JP¥91.1b

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

Takeuchi Mfg

Market Cap: JP¥303.3b

Manufactures and sells construction machinery in Japan and internationally.

Seibu Electric & Machinery

Market Cap: JP¥42.3b

Manufactures and sells mechatronics in Japan.

NANYO

Market Cap: JP¥19.0b

A general machinery trading company, distributes and rents various machineries in Japan and internationally.

Nissei ASB Machine

Market Cap: JP¥94.6b

Engages in the planning, development, manufacturing, and distribution of production machines for PET and other plastic bottles worldwide.

Takaoka Toko

Market Cap: JP¥73.1b

Engages in the power equipment, metering, GX solutions, and applied optical inspection equipment businesses.

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥33.6b

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

Max

Market Cap: JP¥276.9b

Manufactures and sells industrial, office, and HCR equipment in Japan and internationally.

Shimojima

Market Cap: JP¥32.6b

Engages in the wholesale and retail of paper products, plastic products and packaging materials, and in-store materials primarily in Japan.

Fujita Engineering

Market Cap: JP¥16.4b

Engages in the facilities construction business in Japan and internationally.

Yamada

Market Cap: JP¥16.0b

Engages in the manufacture and sale of industrial and automotive equipment in Japan, the United States, the Netherlands, China, and Thailand.

Kitagawa

Market Cap: JP¥16.5b

Manufactures and supplies synthetic metals, machine tool accessories, and industrial machinery in Japan and internationally.