Japanese Materials Low Leverage High Rewards

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.

Hokuetsu

Market Cap: JP¥151.4b

Manufactures and sells paper products in Japan, the rest of Asia, North America, and internationally.

Asahipen

Market Cap: JP¥6.8b

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

POVAL KOGYO

Market Cap: JP¥3.8b

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

Asahi PrintingLtd

Market Cap: JP¥18.7b

Engages in the manufacturing and sale of printed packaging materials and systems in Japan.

LINTEC

Market Cap: JP¥307.1b

Manufactures and sells adhesive-related products in Japan.

Nihon Nohyaku

Market Cap: JP¥79.0b

Manufactures and sells agricultural chemicals in Japan, the United States, India, rest of Asia, Brazil, and internationally.

Soken Chemical & Engineering

Market Cap: JP¥53.9b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

Sumitomo Osaka Cement

Market Cap: JP¥120.5b

Engages in the cement business in Japan and internationally.

Nippon Soda

Market Cap: JP¥196.2b

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

Yushiro

Market Cap: JP¥38.5b

Manufactures and sells metalworking oils and fluids, and building maintenance products in Japan, the Americas, the United States, China, Southeast Asia, and India.

Tayca

Market Cap: JP¥35.8b

Manufactures and sells various industrial chemical products in Japan.

Toyo Seikan Group Holdings

Market Cap: JP¥554.7b

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

Nippon Chuzo K. K

Market Cap: JP¥4.1b

Engages in supplying large, special, and steel castings for construction in Japan.

Eidai KakoLtd

Market Cap: JP¥2.4b

Manufactures, imports, and sells resin sheets in Japan.

Hakudo

Market Cap: JP¥28.6b

Processes and sells metal and plastic materials in Japan, China, Thailand, and Vietnam.

TYK

Market Cap: JP¥25.5b

Engages in the manufacture and sale of functional refractories and ceramics worldwide.

Gun Ei Chemical Industry

Market Cap: JP¥33.1b

Manufactures and sells synthetic resins and fibers in Japan and internationally.

ZACROS

Market Cap: JP¥93.7b

Manufactures and sells products for wellness environmental solutions, electronic materials, and industrial infrastructure in Japan and internationally.

Yotai Refractories

Market Cap: JP¥34.1b

Manufactures and sells refractories and ceramics in Japan and internationally.

Sanyu

Market Cap: JP¥4.5b

Produces and sells steel products in Japan.

Aichi Steel

Market Cap: JP¥192.4b

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

Nippon Chemical Industrial

Market Cap: JP¥26.0b

Manufactures and sells various chemical products in Japan.

Sumitomo Bakelite

Market Cap: JP¥446.8b

Engages in the research and development, manufacture, and sale of semiconductor materials, plastic products, and life products in Japan and internationally.

Nihon Seiko

Market Cap: JP¥30.0b

Manufactures and sells antimony products and metal powders in Japan.

Takemoto Yohki

Market Cap: JP¥10.6b

Plans, develops, manufactures, and sells plastic packaging containers in Japan, China, India, the United States, Thailand, the Netherlands, and internationally.

Osaka Organic Chemical Industry

Market Cap: JP¥77.3b

Engages in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers in Japan, China, Asia, Australia, the Americas, and Europe.

Dowa Holdings

Market Cap: JP¥548.4b

Engages in the environmental management and recycling, nonferrous metals, electronic materials, metal processing, and heat treatment businesses.

Riken Technos

Market Cap: JP¥81.0b

Engages in compound, film, and food packaging businesses in Japan and internationally.

AtomixLtd

Market Cap: JP¥4.9b

Manufactures and sells paints in Japan and internationally.

Nihon Kagaku Sangyo

Market Cap: JP¥50.3b

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

DKS

Market Cap: JP¥86.0b

Engages in the production and sale of surfactants, other industrial chemicals, and life sciences-related products in Japan and internationally.