Japanese Energy Low Leverage High Rewards

San-Ai Obbli

Market Cap: JP¥131.6b

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

Iwatani

Market Cap: JP¥379.2b

Engages in supplying gases and energy in Japan, China, Taiwan, South Korea, Singapore, Thailand, Malaysia, Indonesia, Vietnam, the United States, and Australia.

Inpex

Market Cap: JP¥3.7t

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¥214.3b

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

Mitsuuroko Group HoldingsLtd

Market Cap: JP¥124.4b

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

Toyo Kanetsu K.K

Market Cap: JP¥38.6b

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

Japan Petroleum Exploration

Market Cap: JP¥401.9b

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

Sanrin

Market Cap: JP¥9.8b

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

Fuji United Holdings CompanyLtd

Market Cap: JP¥8.3b

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