Japanese Energy Low Leverage High Rewards

Inpex

Market Cap: JP¥2.8t

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

Toyo Kanetsu K.K

Market Cap: JP¥33.3b

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

Japan Oil Transportation

Market Cap: JP¥10.9b

Primarily engages in the transportation of fuel oils, liquefied natural gas (LNG) and other high-pressure gases, petrochemical products, and other related products in Japan and internationally.

Itochu EnexLtd

Market Cap: JP¥223.2b

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

San-Ai Obbli

Market Cap: JP¥127.9b

Engages in the wholesale and retail of petroleum products and liquefied petroleum (LP) gas.

Mitsuuroko Group HoldingsLtd

Market Cap: JP¥128.3b

Engages in the energy, power and electricity, food, living and wellness, and other businesses.

Japan Petroleum Exploration

Market Cap: JP¥304.0b

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

Fuji Kosan Company

Market Cap: JP¥8.4b

Supplies petroleum products in Japan.

Sanrin

Market Cap: JP¥8.5b

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