Japanese Low Leverage High Rewards

Kimura Unity

Market Cap: JP¥32.5b

Provides logistics, car, information, and staffing services in Japan.

Inpex

Market Cap: JP¥2.4t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

SuzukiLtd

Market Cap: JP¥25.3b

Manufactures and sells connectors for car electronics parts in Japan.

Kamigumi

Market Cap: JP¥405.8b

Provides an integrated logistics services in Japan and internationally.

FTGroup

Market Cap: JP¥34.6b

Offers network infrastructure services in Japan.

DaikyoNishikawa

Market Cap: JP¥45.8b

Develops, manufactures, and sells automotive, and housing and synthetic plastic parts in Japan.

I.A Group

Market Cap: JP¥5.1b

Engages in the car parts business in Japan.

Look Holdings

Market Cap: JP¥17.9b

Engages in the apparel related, production and OEM, and logistics businesses in Japan, Korea, Europe, Hong Kong, China, and the United States.

Oricon

Market Cap: JP¥9.9b

Designs and operates websites.

Rasa

Market Cap: JP¥15.6b

A trading company, supplies resources, metallic materials, industrial machinery, construction equipment, and other products in Japan, China, Korea, Taiwan, and Australia.

Joshin Denki

Market Cap: JP¥61.4b

Operates electrical appliance retail and ancillary business in Japan.

UEKI

Market Cap: JP¥12.9b

Operates as a general construction company in Japan.

Honyaku Center

Market Cap: JP¥5.8b

Provides translation services in Japan and internationally.

Aida Engineering

Market Cap: JP¥52.4b

Manufactures and sells press machines, auto-processing lines, industrial robots, auto-conveyers, and dies in Japan, China, rest of Asia, the Americas, and Europe.

SPARX Group

Market Cap: JP¥58.3b

A publicly owned asset management holding company.

Central Glass

Market Cap: JP¥73.7b

Engages in the manufacture and sale of flat glass and chemical products for customers in Japan and internationally.

Fujii Sangyo

Market Cap: JP¥26.3b

Engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan.

Kaken Pharmaceutical

Market Cap: JP¥144.6b

Produces, markets, and sells medical products, medical devices, and agrochemicals in Japan and internationally.

Sangetsu

Market Cap: JP¥173.7b

Engages in the planning, development, manufacture, sale, and installation of interior decorating products in Japan and internationally.

Fujimak

Market Cap: JP¥13.0b

Engages in the manufacture, sale, maintenance, and repair of commercial kitchen equipment in Japan and internationally.

Kamei

Market Cap: JP¥75.8b

Operates as a general trading company in Japan and internationally.

Mory Industries

Market Cap: JP¥32.4b

Manufactures and sells stainless steel and welded carbon steel products in Japan.

Sun-Wa Technos

Market Cap: JP¥37.0b

Engages in the distribution of electrical machinery, electronics, and general machinery in Japan and internationally.

Shibaura MachineLtd

Market Cap: JP¥75.1b

Engages in the manufacture and sale of various machines in Japan and internationally.

PCA

Market Cap: JP¥36.1b

Develops and sells computer software in Japan.

PS Construction

Market Cap: JP¥80.9b

Engages in the civil engineering and architecture businesses in Japan and internationally.

Mars Group Holdings

Market Cap: JP¥53.3b

Engages in amusement, automatic recognition system, and hotel and restaurant related businesses in Japan.

Nippon Carbide Industries

Market Cap: JP¥17.2b

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

Nireco

Market Cap: JP¥15.1b

Provides process control, Web control, and inspection systems in Japan.

Mandom

Market Cap: JP¥63.5b

Engages in the manufacture and sale of cosmetics, perfumes, and quasi-drugs in Japan, Indonesia, and internationally.

Kanda HoldingsLtd

Market Cap: JP¥16.3b

Through its subsidiaries, provides integrated logistics services in Japan and internationally.

QuickLtd

Market Cap: JP¥44.3b

Engages in the recruiting, human resources service, information publishing, and Internet-related businesses in Japan and internationally.

YagiLtd

Market Cap: JP¥22.6b

Operates as a fiber trading company in Japan.

Toyo Kanetsu K.K

Market Cap: JP¥30.6b

Engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally.

Nikko

Market Cap: JP¥28.0b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Yakult HonshaLtd

Market Cap: JP¥795.0b

Manufactures and sells food and beverage products in Japan, the Americas, Asia, Oceania, and Europe.