Japanese Low Leverage High Rewards

DTS

Market Cap: JP¥188.6b

Provides systems integration services in Japan.

FurukawaLtd

Market Cap: JP¥75.3b

Manufactures and sells machinery, metals, electronics, and chemical products worldwide.

Kuraray

Market Cap: JP¥554.1b

Engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide.

TechnoPro Holdings

Market Cap: JP¥350.5b

Through its subsidiaries, operates as a temporary staffing and contract work company in Japan and internationally.

Ushio

Market Cap: JP¥156.2b

Produces and sells light application products, industrial equipment, and other products in Japan and internationally.

Genetec

Market Cap: JP¥5.9b

Engages in software development business in Japan.

Takasago Thermal Engineering

Market Cap: JP¥435.5b

Designs, constructs, manufactures, sells, and installs heating, ventilation, and air conditioning (HVAC) systems in Japan and internationally.

MODEC

Market Cap: JP¥291.3b

A general contractor, engages in the engineering, procurement, construction, and installation of floating production systems for the offshore oil and gas production industries in Brazil, Guyana, Senegal, Ghana, Ivory Coast, Mexico, and internationally.

KYB

Market Cap: JP¥144.3b

Manufactures and sells automotive, hydraulic, and aircraft components worldwide.

Yurtec

Market Cap: JP¥127.6b

Operates as a facility engineering company in Japan and internationally.

Keihin

Market Cap: JP¥15.3b

Provides logistics services worldwide.

UNIRITA

Market Cap: JP¥14.2b

Unirita Inc. provides software and solutions for information technology (IT) systems operation in Japan and internationally.

Naigai Tec

Market Cap: JP¥7.4b

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

CE HoldingsLtd

Market Cap: JP¥9.9b

Through its subsidiaries, develops and sells electronic medical record systems and medical information systems in Japan.

SPK

Market Cap: JP¥21.4b

Engages in the trading of automotive spare parts and accessories, and industrial vehicle parts in Japan and internationally.

Yamazen

Market Cap: JP¥121.0b

Provides production equipment, housing equipment/materials, and home products worldwide.

Hogy MedicalLtd

Market Cap: JP¥88.8b

Provides medical-use and non-woven fabric, surgical kit, and other products in Japan.

HYPER

Market Cap: JP¥3.0b

HYPER Inc. engaged in the IT services and computer business in Japan.

Frontier International

Market Cap: JP¥7.9b

Frontier International Inc. is involved in the event promotion, digital promotion, personal selling, campaigns, public relations, and other businesses in Japan and internationally.

Daisue Construction

Market Cap: JP¥21.3b

Operates as a construction company in Japan.

MOONBATLtd

Market Cap: JP¥4.5b

Moonbat Co.,Ltd. plans manufactures, imports, purchases, and sells umbrellas, clothing, fur, leather, jewelry, and hats in Japan.

Aichi Tokei Denki

Market Cap: JP¥32.5b

Engages in the provision of water and gas meters, and related equipment in Japan and internationally.

SMS

Market Cap: JP¥118.9b

Provides information infrastructure for the nursing care, medical care, career, healthcare, and elderly care field business areas in Japan and internationally.

Nissan Tokyo Sales Holdings

Market Cap: JP¥29.2b

Engages in the automobile dealership business in Japan.

Nippon Electric Glass

Market Cap: JP¥268.8b

Manufactures and sells specialty glass products and glass making machinery in Japan and internationally.

Tokyo Ohka Kogyo

Market Cap: JP¥395.6b

Manufactures and sells chemical products and process equipment in Japan and internationally.

Haruyama Holdings

Market Cap: JP¥10.0b

Engages in the sale of menswear, womenswear, and related accessories in Japan.

Tea Life

Market Cap: JP¥4.9b

Engages in the Internet and catalog sale of health tea, health foods, cosmetics, medicines, etc.

POVAL KOGYO

Market Cap: JP¥3.0b

Manufactures and sells special and resin belts in Japan.

Koken

Market Cap: JP¥8.1b

Produces and sells occupational personal protective and environment quality improvement equipment in Japan.

Persol HoldingsLtd

Market Cap: JP¥590.2b

Provides human resource services under the PERSOL brand worldwide.

Morinaga Milk Industry

Market Cap: JP¥279.5b

Engages in the production and sale of various dairy products in Japan and internationally.

Mitsubishi Pencil

Market Cap: JP¥120.1b

Manufactures and supplies writing instruments in Japan.

Toyo Shutter

Market Cap: JP¥5.1b

Manufactures, installs, purchases, imports, sells, and exports various shutters, doors, hardware, and building fixtures, materials, and consumables in Japan.

IwaiCosmo Holdings

Market Cap: JP¥48.5b

Provides financial services using information technology in Japan.

ABC-MartInc

Market Cap: JP¥705.6b

Engages in the retailing of shoes, clothing, and general merchandise products for men, women, and kids in Japan.