Japanese Energy Low Leverage High Rewards

San-Ai Obbli

Market Cap: JP¥122.7b

San-Ai Obbli Co., Ltd. wholesales and retails petroleum products and liquefied petroleum (LP) gas.

Toyo Kanetsu K.K

Market Cap: JP¥33.4b

Engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally.

Inpex

Market Cap: JP¥4.1t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

Itochu EnexLtd

Market Cap: JP¥225.8b

Engages in the sale of petroleum products and liquefied petroleum gas (LPG), electricity, heat supply, vehicle sales in Japan and internationally.

Fuji United Holdings CompanyLtd

Market Cap: JP¥7.5b

Fuji United Holdings Company,Ltd. purchases and sells petroleum products in Japan.

Japan Petroleum Exploration

Market Cap: JP¥424.4b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

MODEC

Market Cap: JP¥658.1b

Operates as engineering, procurement, construction and installation (EPCI) general contractor of floating production systems in Brazil, Guyana, Senegal, Cote d' Ivoire, Ghana, Mexico, and internationally.

Mitsuuroko Group HoldingsLtd

Market Cap: JP¥100.9b

Supplies liquefied petroleum gas and petroleum products in Japan, Singapore, and the rest of Asia.

Sanrin

Market Cap: JP¥9.4b

Manufactures and sells briquette, charcoal, petroleum, LP gas, and other fuel products in Japan.