Japanese Capital Goods Low Leverage High Rewards

SHO-BOND HoldingsLtd

Market Cap: JP¥283.9b

Engages in repairing and reinforcing social infrastructures in Japan.

Kondotec

Market Cap: JP¥38.7b

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

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥33.6b

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

DN HoldingsLtd

Market Cap: JP¥16.8b

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

NippiIncorporated

Market Cap: JP¥40.2b

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

Hazama Ando

Market Cap: JP¥327.1b

Engages in construction and related business in Japan and internationally.

EPCOLtd

Market Cap: JP¥7.2b

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

Taisei Oncho

Market Cap: JP¥30.3b

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.

Dijet Industrial

Market Cap: JP¥3.3b

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

Denyo

Market Cap: JP¥75.6b

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

Tsubakimoto Chain

Market Cap: JP¥249.9b

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

Nireco

Market Cap: JP¥17.0b

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

Totech

Market Cap: JP¥177.3b

Engages in the sale of air conditioning equipment in Japan.

Kikusui Chemical Industries

Market Cap: JP¥5.0b

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

Totetsu Kogyo

Market Cap: JP¥166.4b

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

Komori

Market Cap: JP¥91.6b

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

Takada

Market Cap: JP¥13.2b

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

Chudenko

Market Cap: JP¥261.3b

Operates as an equipment engineering company in Japan.

Nippon Carbon

Market Cap: JP¥53.2b

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

Sanwa Holdings

Market Cap: JP¥824.6b

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

Maezawa Kasei Industries

Market Cap: JP¥33.9b

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

Sonec

Market Cap: JP¥11.8b

Engages in the general construction business.

Tsubakimoto Kogyo

Market Cap: JP¥54.8b

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

Mansei

Market Cap: JP¥9.7b

Provides electronic products in Japan.

Nikko

Market Cap: JP¥33.4b

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

Ohba

Market Cap: JP¥19.1b

Provides consulting services for city planning projects in Japan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥84.1b

Operates as a construction works company in Japan and internationally.

NANYO

Market Cap: JP¥19.0b

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

Fujita Engineering

Market Cap: JP¥16.8b

Engages in the facilities construction business in Japan and internationally.

Seibu Electric & Machinery

Market Cap: JP¥41.3b

Manufactures and sells mechatronics in Japan.

Takaoka Toko

Market Cap: JP¥83.5b

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

Yahagi ConstructionLtd

Market Cap: JP¥103.5b

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

Matsui Construction

Market Cap: JP¥53.5b

Engages in the civil engineering, designing, supervising, and construction business in Japan.

Yamada

Market Cap: JP¥15.9b

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¥17.4b

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

Shimojima

Market Cap: JP¥34.0b

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