Japanese Materials Low Leverage High Rewards

POVAL KOGYO

Market Cap: JP¥3.7b

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

LINTEC

Market Cap: JP¥319.9b

Manufactures and sells adhesive-related products in Japan.

Takasago International

Market Cap: JP¥148.2b

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

Sumitomo Osaka Cement

Market Cap: JP¥132.1b

Engages in the cement business in Japan and internationally.

Toyo Seikan Group Holdings

Market Cap: JP¥600.3b

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

Nihon Nohyaku

Market Cap: JP¥82.4b

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

Eidai KakoLtd

Market Cap: JP¥2.4b

Manufactures, imports, and sells resin sheets in Japan.

Yushiro

Market Cap: JP¥40.1b

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

Soken Chemical & Engineering

Market Cap: JP¥48.9b

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

Asahi PrintingLtd

Market Cap: JP¥19.1b

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

Nippon Soda

Market Cap: JP¥202.3b

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

Hakudo

Market Cap: JP¥27.2b

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

Yotai Refractories

Market Cap: JP¥33.2b

Manufactures and sells refractories and ceramics in Japan and internationally.

Sanyu

Market Cap: JP¥4.9b

Produces and sells steel products in Japan.

TYK

Market Cap: JP¥26.0b

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

Nippon Chemical Industrial

Market Cap: JP¥29.6b

Manufactures and sells various chemical products in Japan.

Gun Ei Chemical Industry

Market Cap: JP¥32.8b

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

Nozawa

Market Cap: JP¥12.6b

Manufactures and sells extruded cement panels in Japan.

Daito Chemix

Market Cap: JP¥12.8b

Manufactures and sells specialty and fine chemicals in Japan, South Korea, Singapore, rest of Asia, and the United States.

ZACROS

Market Cap: JP¥86.6b

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

Takemoto Yohki

Market Cap: JP¥10.5b

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

Nihon Kagaku Sangyo

Market Cap: JP¥51.9b

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

Riken Technos

Market Cap: JP¥80.9b

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

Nihon Seiko

Market Cap: JP¥32.2b

Manufactures and sells antimony products and metal powders in Japan.

AtomixLtd

Market Cap: JP¥3.9b

Manufactures and sells paints in Japan and internationally.