Japanese 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¥7.9b

Engages in the general construction business.

Ohba

Market Cap: JP¥18.0b

Provides consulting services for city planning projects in Japan.

NippiIncorporated

Market Cap: JP¥33.9b

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

Yahagi ConstructionLtd

Market Cap: JP¥80.1b

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

Yokogawa Bridge Holdings

Market Cap: JP¥113.3b

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

Advan Group

Market Cap: JP¥29.8b

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

Tomoe Engineering

Market Cap: JP¥55.5b

Manufactures and sells chemicals, machinery, and equipment in Japan, Asia, and internationally.

TOLI

Market Cap: JP¥37.6b

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

Chugai Ro

Market Cap: JP¥27.9b

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

Watanabe Sato

Market Cap: JP¥11.5b

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

Rasa

Market Cap: JP¥19.2b

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

Hazama Ando

Market Cap: JP¥283.9b

Engages in construction and related business in Japan and internationally.

KUWAZAWA Holdings

Market Cap: JP¥10.2b

Provides construction materials and works in Japan.

Fujii Sangyo

Market Cap: JP¥34.3b

Engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan.

Central Glass

Market Cap: JP¥103.9b

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

Chudenko

Market Cap: JP¥266.8b

Operates as an equipment engineering company in Japan.

Mansei

Market Cap: JP¥10.8b

Provides electronic products in Japan.

Nihon Flush

Market Cap: JP¥16.5b

Manufactures and sells interior products and construction materials in Japan.

Nippon Carbon

Market Cap: JP¥51.1b

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

Original Engineering Consultants

Market Cap: JP¥8.4b

Original Engineering Consultants Co., Ltd.

Nikko

Market Cap: JP¥36.3b

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

Tokuden

Market Cap: JP¥4.2b

Manufactures and sells welding materials in Japan.

Moriya

Market Cap: JP¥12.8b

Operates as a general construction company in Japan.

Kumagai GumiLtd

Market Cap: JP¥249.8b

Operates as a construction company in Japan and internationally.

SWCC

Market Cap: JP¥340.0b

Manufactures and sells energy, infrastructure, and communication components in Japan and internationally.

Sanwa Holdings

Market Cap: JP¥766.0b

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¥270.6b

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

Sansei Technologies

Market Cap: JP¥43.4b

Plans, designs, manufactures, installs, repairs, and maintains amusement rides, stage equipment, elevators, and other designed equipment in Japan, North America, the United States, Europe, and Asia.

Tokyo Energy & Systems

Market Cap: JP¥66.6b

Engages in the planning, study, design, construction, and supervision of electric and mechanical facilities in Japan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥84.7b

Operates as a construction works company in Japan and internationally.

MIRAIT ONE

Market Cap: JP¥327.2b

Engages in the telecommunications construction, electrical construction, civil engineering work, and architectural and construction businesses in Japan.

Trinity Industrial

Market Cap: JP¥19.9b

Designs, manufactures, and sells painting plants, painting equipment, and industrial machinery in Japan.

Max

Market Cap: JP¥307.7b

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

Maruken Lease

Market Cap: JP¥11.8b

Maruken Lease Co., Ltd. leases, sells, repairs, and fabricates temporary steel construction materials in Japan.

Shimojima

Market Cap: JP¥32.0b

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