Japanese Semiconductors Low Leverage High Rewards

Tokyo Seimitsu

Market Cap: JP¥389.0b

Manufactures and sells semiconductor production equipment (SPE) and measuring instruments in Japan.

Tokyo Electron

Market Cap: JP¥12.7t

Develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally.

TESEC

Market Cap: JP¥9.0b

Designs, develops, manufactures, and sells semiconductor test equipment in Japan and internationally.

Naigai Tec

Market Cap: JP¥7.2b

Naigai Tec Corporation purchases, imports, exports, and sells pneumatic devices, pneumatic application devices, working machines, electric and electronic devices, and other tools.

SK-ElectronicsLTD

Market Cap: JP¥28.4b

Manufactures and sells large-format photomasks in Japan and internationally.

Yamaichi ElectronicsLtd

Market Cap: JP¥49.2b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

ULVAC

Market Cap: JP¥261.3b

Engages in vacuum equipment and applications business in Japan and internationally.

SCREEN Holdings

Market Cap: JP¥1.1t

Develops, manufactures, sells, and maintains semiconductor production equipment in Japan.

Inter Action

Market Cap: JP¥15.1b

Engages in the develops, manufactures, and sells inspection illuminators for applications in imaging semiconductors manufacturing processes in Japan.