Japanese Materials Low Leverage High Rewards

Okura Industrial

Market Cap: JP¥52.9b

Manufactures and sells polyethylene and polypropylene products in Japan.

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¥82.3b

Sumitomo Seika Chemicals Company, Limited.

Godo Steel

Market Cap: JP¥53.9b

Manufactures and sells steel products in Japan.

T. Hasegawa

Market Cap: JP¥115.0b

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.

Dynapac

Market Cap: JP¥24.3b

Engages in the manufacture and sale of packaging materials in Japan and internationally.

Kumiai Chemical Industry

Market Cap: JP¥93.6b

Manufactures and sells agrochemicals in Japan and internationally.

Toagosei

Market Cap: JP¥178.6b

Manufactures chemical products.

Sanyo Chemical Industries

Market Cap: JP¥115.0b

Manufactures and sells chemical products in Japan.

Fuji Seal International

Market Cap: JP¥142.0b

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

Koatsu Gas Kogyo

Market Cap: JP¥61.9b

Engages in the gas and chemical products businesses in Japan.

artience

Market Cap: JP¥174.9b

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.

GEOSTR

Market Cap: JP¥14.0b

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

SE

Market Cap: JP¥8.7b

Engages in construction material and equipment business in Japan and internationally.

Nihon Parkerizing

Market Cap: JP¥158.4b

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

Daido Steel

Market Cap: JP¥391.5b

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

Tokyo Tekko

Market Cap: JP¥53.1b

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

Hodogaya Chemical

Market Cap: JP¥36.5b

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

Natoco

Market Cap: JP¥13.7b

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

Taiyo KagakuLtd

Market Cap: JP¥49.0b

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

Sakai Chemical Industry

Market Cap: JP¥51.9b

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

KH Neochem

Market Cap: JP¥97.2b

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

Araya Industrial

Market Cap: JP¥21.0b

Manufactures and sells steel products in Japan and internationally.

Nippon Crucible

Market Cap: JP¥4.5b

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

Nitta Gelatin

Market Cap: JP¥23.5b

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

Pack

Market Cap: JP¥74.9b

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

Stella Chemifa

Market Cap: JP¥57.6b

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

MORESCO

Market Cap: JP¥17.3b

Manufactures and sells chemical products in Japan, China, Southeast/South Asia, and North America.

Yamau Holdings

Market Cap: JP¥14.5b

Manufactures and sells concrete products in Japan.

Nicca ChemicalLtd

Market Cap: JP¥26.8b

Manufactures and sells surfactants for textile chemicals, metals, pulp and paper, paints, dyes, synthetic resins, and dry and professional cleaning agents in Japan and internationally.

Sumitomo Metal Mining

Market Cap: JP¥2.5t

Engages in mining, smelting, and refining non-ferrous metals in Japan and internationally.

Dainichiseika Color & Chemicals Mfg

Market Cap: JP¥75.5b

Dainichiseika Color & Chemicals Mfg. Co., Ltd.

Kuriyama Holdings

Market Cap: JP¥35.5b

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

Kuraray

Market Cap: JP¥500.9b

Engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide.

POVAL KOGYO

Market Cap: JP¥3.8b

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

Toyo Drilube

Market Cap: JP¥5.8b

Engages in the research and development, manufacture, coating processing, and sale of solid film lubricants and functional film coating agents in Japan and internationally.