Japanese Energy Low Leverage High Rewards

Inpex

Market Cap: JP¥2.2t

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¥27.3b

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

Japan Petroleum Exploration

Market Cap: JP¥262.0b

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

Japan Oil Transportation

Market Cap: JP¥9.8b

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¥173.9b

Engages in the sale of petroleum products and liquefied petroleum gas (LPG) in Japan and internationally.

San-Ai Obbli

Market Cap: JP¥104.5b

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

Sanrin

Market Cap: JP¥8.2b

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

Mitsuuroko Group HoldingsLtd

Market Cap: JP¥101.9b

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

MODEC

Market Cap: JP¥295.4b

A general contractor, engages in the engineering, procurement, construction, and installation of floating production systems for the offshore oil and gas production industries in Brazil, Guyana, Senegal, Ghana, Ivory Coast, Mexico, and internationally.