Japanese Materials Low Leverage High Rewards

Sakata INX

Market Cap: JP¥117.5b

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

Nippon Fine Chemical

Market Cap: JP¥54.4b

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

Asia Pile Holdings

Market Cap: JP¥59.5b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

Taiyo KagakuLtd

Market Cap: JP¥42.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Nitto Denko

Market Cap: JP¥2.1t

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, Oceania, and internationally.

Nihon Parkerizing

Market Cap: JP¥189.7b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

Nissan Chemical

Market Cap: JP¥1.1t

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

Yamato Kogyo

Market Cap: JP¥739.7b

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

KH Neochem

Market Cap: JP¥98.0b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Mino Ceramic

Market Cap: JP¥14.3b

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

KurimotoLtd

Market Cap: JP¥87.1b

Manufactures and sells ductile iron pipes and accessories, valves, and industrial and construction materials in Japan and internationally.

Muto Seiko

Market Cap: JP¥15.2b

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

Konishi

Market Cap: JP¥91.6b

Manufactures and sells synthetic adhesives in Japan.

Ohishi Sangyo

Market Cap: JP¥9.5b

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

Adeka

Market Cap: JP¥401.6b

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

Yamau Holdings

Market Cap: JP¥13.4b

Manufactures and sells concrete products in Japan.

ChugokukogyoLtd

Market Cap: JP¥2.8b

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

Taoka Chemical Company

Market Cap: JP¥9.8b

Manufactures and sells chemicals, functional materials, and resin additives in Japan and internationally.

Yamax

Market Cap: JP¥12.3b

Engages in the provision of civil engineering and architectural concrete products in Japan.

Asahi Kasei

Market Cap: JP¥2.4t

Engages in material, homes, healthcare businesses.

Kyoei Steel

Market Cap: JP¥76.8b

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

POVAL KOGYO

Market Cap: JP¥3.4b

Manufactures and sells general bonding and resin processed items in Japan, rest of Asia, and internationally.

Tosoh

Market Cap: JP¥914.6b

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

Chugoku Marine Paints

Market Cap: JP¥174.1b

Produces and sells functional coatings worldwide.

OAT Agrio

Market Cap: JP¥25.7b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan and internationally.

FP

Market Cap: JP¥210.3b

Manufactures and markets polystyrene and compound resin disposable food containers in Japan.

NOF

Market Cap: JP¥611.8b

Manufactures chemicals in Japan.

Hokko Chemical Industry

Market Cap: JP¥54.7b

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

JSP

Market Cap: JP¥68.0b

Manufactures and sells expanded polymers worldwide.

Mitani Sekisan

Market Cap: JP¥101.7b

Produces and sells concrete products in Japan.

Asahipen

Market Cap: JP¥6.3b

Manufactures, imports, and sells various paints and painting supplies, and household supplies in Japan.

Nihon Yamamura Glass

Market Cap: JP¥28.1b

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

Takasago International

Market Cap: JP¥109.2b

Manufactures and sells flavors, fragrances, aroma ingredients, and fine chemicals in Japan, the Americas, Europe, and Asia.

Toyo Seikan Group Holdings

Market Cap: JP¥620.6b

Manufactures and sells packaging containers in Japan, rest of Asia, and internationally.

Yodoko

Market Cap: JP¥178.2b

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

Aichi Steel

Market Cap: JP¥194.3b

Manufactures and sells steel materials, forged products, electronic functional materials and components, and magnetic products in Japan, the United States, Thailand, China, and internationally.