Japanese Materials Low Leverage High Rewards

Yodoko

Market Cap: JP¥168.1b

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

Nihon Yamamura Glass

Market Cap: JP¥26.2b

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

Nippon Soda

Market Cap: JP¥192.4b

Provides agri-business, pharmaceuticals, specialty chemicals, eco chemicals, and chlor-alkali products in Japan and internationally.

Okura Industrial

Market Cap: JP¥54.0b

Manufactures and sells polyethylene and polypropylene products in Japan.

T. Hasegawa

Market Cap: JP¥126.9b

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.

Dai Nippon Toryo Company

Market Cap: JP¥36.0b

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

Aichi Steel

Market Cap: JP¥184.9b

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

Sun A.Kaken CompanyLimited

Market Cap: JP¥6.5b

Manufactures and sells packaging material-related products in Japan.

Shin-Etsu PolymerLtd

Market Cap: JP¥180.1b

Develops and supplies PVC and semiconductor silicone products worldwide.

Godo Steel

Market Cap: JP¥39.2b

Manufactures and sells steel products in Japan.

Nihon Kagaku Sangyo

Market Cap: JP¥39.9b

Engages in the manufacture and sale of industrial chemicals and building materials in Japan and internationally.

Nihon Seiko

Market Cap: JP¥16.4b

Manufactures and sells antimony products and metal powders in Japan.

Shinagawa Refra

Market Cap: JP¥87.3b

Engages in the manufacture and sale of refractory products in Japan and internationally.

Toagosei

Market Cap: JP¥181.9b

Manufactures and sells chemical products.

Tokyo Printing Ink Mfg

Market Cap: JP¥15.5b

Manufactures and sells specialty chemicals in Japan.

Koatsu Gas Kogyo

Market Cap: JP¥59.4b

Engages in the gas and chemical products businesses in Japan.

Asia Pile Holdings

Market Cap: JP¥61.9b

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

Kohsoku

Market Cap: JP¥55.3b

Kohsoku Corporation is involved in the manufacture and sale of light food packaging materials in Japan.

Zeon

Market Cap: JP¥390.2b

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

Sanyo Chemical Industries

Market Cap: JP¥113.0b

Manufactures and sells chemical products in Japan.

Fuji Seal International

Market Cap: JP¥139.5b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

artience

Market Cap: JP¥194.2b

Engages in the colorants and functional materials, polymers and coatings, printing and information, and packaging materials businesses in Japan, Europe, Asia, the Americas, and internationally.

Tokyo Tekko

Market Cap: JP¥41.6b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Nippon Denko

Market Cap: JP¥61.8b

Engages in the ferroalloys, functional materials, incineration ash resource recovery, aqua solutions, and electric power businesses in Japan.

Nippon Crucible

Market Cap: JP¥4.4b

Through its subsidiaries, engages in the manufacture and sale of refractory products primarily in Japan.

Maruo Calcium

Market Cap: JP¥3.0b

Manufactures and sells various calcium carbonate and other industrial raw materials in Japan.

Araya Industrial

Market Cap: JP¥23.9b

Manufactures and sells steel products in Japan and internationally.

Natoco

Market Cap: JP¥12.5b

Manufactures and sells paints, inks, fine chemicals, synthetic resins, and related products in Japan.

Daido Steel

Market Cap: JP¥373.3b

Engages in the manufacture and sale of steel products in Japan and internationally.

Hodogaya Chemical

Market Cap: JP¥33.9b

Primarily engages in the production and sale of organic industrial chemicals in Japan.

GEOSTR

Market Cap: JP¥11.6b

Engages in the manufacture and sale of precast concrete products for civil engineering in Japan.

Nippon Carbide Industries

Market Cap: JP¥28.7b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Nitta Gelatin

Market Cap: JP¥22.2b

Produces and sells gelatin, collagen peptide, collagen, and food materials in Japan.

Toray Industries

Market Cap: JP¥1.6t

Manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally.

Pack

Market Cap: JP¥74.4b

Manufactures and sells paper products, film packaging, and other products in Japan and internationally.

Dainichiseika Color & Chemicals Mfg

Market Cap: JP¥72.2b

Dainichiseika Color & Chemicals Mfg. Co., Ltd.