Japanese Low Leverage High Rewards

Interlife Holdings

Market Cap: JP¥10.4b

Provides designs, constructs, manages, and maintains commercial facilities and public facilities in Japan.

GSI Creos

Market Cap: JP¥29.0b

Offers textiles and industrial products in Japan and internationally.

Joyful HondaLtd

Market Cap: JP¥129.7b

Through its subsidiaries, engages in the home improvement retail business in Japan.

SIIX

Market Cap: JP¥61.7b

Primarily sells and distributes electronic components in Japan and internationally.

FTGroup

Market Cap: JP¥37.2b

Engages in the network infrastructure business in Japan.

DaikyoNishikawa

Market Cap: JP¥53.9b

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

Eagle IndustryLtd

Market Cap: JP¥127.0b

Manufactures, markets, and sells mechanical seals, special valves, and other sealed products in Japan and internationally.

Nakamoto PacksLtd

Market Cap: JP¥16.8b

Provides gravure printing services in Japan and internationally.

San-Ai Obbli

Market Cap: JP¥128.0b

San-Ai Obbli Co., Ltd. wholesales and retails petroleum products and liquefied petroleum (LP) gas.

Dai-ichi Life Holdings

Market Cap: JP¥4.8t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

Hazama Ando

Market Cap: JP¥294.5b

Engages in construction and related business in Japan and internationally.

EPCOLtd

Market Cap: JP¥7.4b

Provides construction and equipment related design services in Japan.

Oricon

Market Cap: JP¥10.7b

Designs and operates websites.

I.A Group

Market Cap: JP¥5.9b

Engages in the car parts business in Japan.

Systems Design

Market Cap: JP¥4.2b

Operates as an information service company.

NANSO TransportLtd

Market Cap: JP¥15.1b

Provides logistics services in Japan.

Rasa

Market Cap: JP¥18.9b

Trades in and supplies various products in Japan, Singapore, China, Thailand, Asia, and internationally.

Zeon

Market Cap: JP¥342.5b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

Nippon Seiki

Market Cap: JP¥124.2b

Engages in the manufacture and sale of instruments for automobiles, motorcycles, agricultural and construction machines, and marine instruments in Japan, the Americas, Europe, and rest of Asia.

Central Glass

Market Cap: JP¥84.9b

Engages in the chemical and glass businesses in Japan, Asia, Europe, and internationally.

SPARX Group

Market Cap: JP¥59.3b

A publicly owned asset management holding company.

Sun-Wa Technos

Market Cap: JP¥43.7b

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

Hagihara Industries

Market Cap: JP¥23.2b

Manufactures and sells plastic and industrial machinery products in Japan, Indonesia, Asia, and internationally.

Mars Group Holdings

Market Cap: JP¥57.9b

Engages in the manufacture, sale, and provision of services for peripheral devices for amusement-related facilities in Japan.

Loginet Japan

Market Cap: JP¥19.1b

A logistics company, provides land, sea, and air transportation services in Japan.

FukokuLtd

Market Cap: JP¥26.6b

Manufactures and sells rubber, metal and synthetic resin, and bio and medical related products in Japan, Southeast Asia, India, the United States, Europe, China, South Korea, and internationally.

Koatsu Gas Kogyo

Market Cap: JP¥56.9b

Engages in the gas and chemical products businesses in Japan.

Taisei Oncho

Market Cap: JP¥27.6b

Engages in the design and construction management of air conditioning, water supply and drainage sanitation, and electrical equipment and general building construction businesses in Japan.

Honyaku Center

Market Cap: JP¥6.3b

Provides translation services in Japan and internationally.

RhythmLtd

Market Cap: JP¥29.6b

Manufactures and sells clocks in Japan.

Sanyo Trading

Market Cap: JP¥42.5b

Through its subsidiaries, engages in the rubber, chemical, green technology, industrial products, and life science businesses in Japan and internationally.

Asia Pile Holdings

Market Cap: JP¥54.9b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

SRA Holdings

Market Cap: JP¥65.3b

Engages in the provision of IT consulting, system construction, operation services, products, and solutions in Japan and internationally.

Kikusui Chemical Industries

Market Cap: JP¥4.7b

Engages in the manufacture and sale of functional, architectural finishing, construction, and civil engineering materials primarily in Japan.

Maezawa Kasei Industries

Market Cap: JP¥31.3b

Produces and sells water and sewerage related products, and environmental equipment.

Konishi

Market Cap: JP¥84.4b

Manufactures and sells synthetic adhesives in Japan.