Japanese Materials Low Leverage High Rewards

Yamato Kogyo

Market Cap: JP¥646.4b

Through its subsidiaries, engages in the manufacture and sale of steel products in Japan and internationally.

Aica Kogyo Company

Market Cap: JP¥218.0b

Manufactures and sells chemical products in Japan, China, rest of Asia, Oceania, and internationally.

Tosoh

Market Cap: JP¥725.4b

Manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals.

Koatsu Gas Kogyo

Market Cap: JP¥56.9b

Engages in the gas and chemical products businesses in Japan.

Zeon

Market Cap: JP¥342.5b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

Ohishi Sangyo

Market Cap: JP¥10.5b

Engages in the manufacture and sale of industrial packaging materials primarily in Japan.

Sakai Chemical Industry

Market Cap: JP¥47.4b

Manufactures and sells various chemical products in Japan, Asia, North America, Europe, the Middle East, and internationally.

Muto Seiko

Market Cap: JP¥13.8b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

Nissan Chemical

Market Cap: JP¥733.2b

Engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally.

Mino Ceramic

Market Cap: JP¥12.2b

Designs, produces, and sells refractories and advanced ceramics in Japan and internationally.

Konishi

Market Cap: JP¥84.4b

Manufactures and sells synthetic adhesives in Japan.

Yamax

Market Cap: JP¥18.1b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

Sakata INX

Market Cap: JP¥116.2b

Manufactures and sells various printing inks and auxiliary agents in Japan, Asia, the America, Europe, and internationally.

Nippon Fine Chemical

Market Cap: JP¥61.8b

Manufactures and sells fine chemical, cosmetic, and industrial chemical products in Japan and internationally.

ChugokukogyoLtd

Market Cap: JP¥2.3b

Manufactures and sells high voltage, steel structure, and facility equipment in Japan.

Adeka

Market Cap: JP¥381.8b

Engages in chemicals, food products, and life science businesses.

Stella Chemifa

Market Cap: JP¥49.9b

Manufactures and sells high-purity chemical products in Japan and internationally.

Asahi Yukizai

Market Cap: JP¥95.4b

Engages in the piping system, resin, and water treatment and resource development businesses in Japan.

Kuriyama Holdings

Market Cap: JP¥32.5b

Manufactures and sells of various hoses, rubber, and plastics products in Japan, the United States, Canada, Europe, and internationally.

Kyoei Steel

Market Cap: JP¥103.5b

Engages in the manufacture, processing, and sells of billets and steel products in Japan, Vietnam, North America, and internationally.

Chugoku Marine Paints

Market Cap: JP¥223.8b

Produces and sells functional coatings worldwide.

Okamoto Industries

Market Cap: JP¥92.5b

Manufactures and sells industrial and household products in Japan and internationally.

Hokko Chemical Industry

Market Cap: JP¥41.5b

Together with subsidiaries, manufactures and sells crop protection and fine chemicals products in Japan and internationally.

Yodoko

Market Cap: JP¥192.0b

Engages in the manufacture and sales of steel products for industrial and consumer products in Japan.

Nihon Yamamura Glass

Market Cap: JP¥29.9b

Produces and sells glass bottles and plastic caps in Japan and internationally.

Nippon Chuzo K. K

Market Cap: JP¥4.0b

Engages in industrial castings, engineering, and construction materials business in Japan.

T. Hasegawa

Market Cap: JP¥114.8b

Produces, sells, imports, and exports fragrances, flavors, aromatic chemicals, food additives, and foods in Japan, China, the rest of Asia, the United States, and internationally.

Matsumoto Yushi-SeiyakuLtd

Market Cap: JP¥57.4b

Manufactures and markets fiber and textile chemicals, microcapsules, various surfactants, and high polymer based products in Japan and Indonesia.

Sanyu

Market Cap: JP¥4.0b

Produces and sells steel products in Japan.

Shin-Etsu PolymerLtd

Market Cap: JP¥157.5b

Develops and supplies PVC and semiconductor silicone products worldwide.

Dai Nippon Toryo Company

Market Cap: JP¥37.4b

Manufactures and sells coatings and jet inks in Japan and internationally.

Sun A.Kaken CompanyLimited

Market Cap: JP¥7.4b

Manufactures and sells packaging material-related products in Japan.

Sumitomo Seika Chemicals Company

Market Cap: JP¥69.9b

Sumitomo Seika Chemicals Company, Limited.

Topy Industries

Market Cap: JP¥65.8b

Engages in the steel, automotive, industrial machinery components, and other businesses in Japan.

Fujikura Kasei

Market Cap: JP¥17.8b

Provides various coatings and painting materials in Japan and internationally.

Godo Steel

Market Cap: JP¥54.8b

Manufactures and sells steel products in Japan.