Japanese Low Leverage High Rewards

SUNNEXTA GROUP

Market Cap: JP¥9.4b

Provides company housing outsourcing services in Japan.

Matsuoka

Market Cap: JP¥18.5b

Engages in planning, manufacturing, and selling apparel products in Japan and internationally.

Hard Off CorporationLtd

Market Cap: JP¥26.2b

Operates reuse shops in Japan.

Japan Reliance Service

Market Cap: JP¥1.6b

Provides various security, building maintenance, human resource, general construction, condominium management services in Japan.

Tsuburaya Fields Holdings

Market Cap: JP¥115.9b

Engages in the content-related businesses in Japan.

Morishita Jintan

Market Cap: JP¥8.5b

Produces and distributes pharmaceuticals, quasi drugs, medical devices, and food products in Japan.

Pacific Systems

Market Cap: JP¥6.6b

Engages in system sales, system operation/management, software development, and equipment sales businesses in Japan.

Arisawa Mfg

Market Cap: JP¥44.0b

Manufactures and sells electronic, optoelectronic, electrical insulating, display, and industrial structural materials in Japan and internationally.

Maezawa Industries

Market Cap: JP¥24.0b

Designs, manufactures, sells, and installs equipment and apparatus for water supply and sewage systems in Japan and internationally.

ABC-MartInc

Market Cap: JP¥675.9b

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

HIRANO TECSEEDLtd

Market Cap: JP¥22.7b

Engages in the production and sale of coating/laminating and industrial machinery in Japan and internationally.

Soda Nikka

Market Cap: JP¥23.3b

Engages in the trading of chemicals in Japan and internationally.

SK-ElectronicsLTD

Market Cap: JP¥24.7b

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

Sanyo Engineering & Construction

Market Cap: JP¥12.5b

Engages in the electric facility construction business in Japan and internationally.

Nissan Tokyo Sales Holdings

Market Cap: JP¥29.2b

Engages in the automobile dealership business in Japan.

Daisue Construction

Market Cap: JP¥21.0b

Operates as a construction company in Japan.

Hokuyaku Takeyama HoldingsInc

Market Cap: JP¥18.1b

Engages in the wholesale of pharmaceutical products in Japan.

Sekisui Jushi

Market Cap: JP¥58.0b

Provides various products and services through the application of composite technology in Japan.

Takasago Thermal Engineering

Market Cap: JP¥430.8b

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

R&D ComputerLtd

Market Cap: JP¥12.1b

Provides system integration, infrastructure, package, cloud, and embedded control system solutions in Japan.

Genetec

Market Cap: JP¥5.9b

Engages in software development business in Japan.

HYPER

Market Cap: JP¥3.0b

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

NF Holdings

Market Cap: JP¥8.6b

Provides measurement instruments, power supply and power control products, function modules, and customized products in Japan.

UNITED

Market Cap: JP¥26.9b

Engages in the ad-technology, content, and investment businesses in Japan.

Chubu-Nippon Broadcasting

Market Cap: JP¥17.8b

Through its subsidiaries, engages in the television and radio broadcasting businesses in Japan and internationally.

Iriso Electronics

Market Cap: JP¥55.5b

Develops, manufactures, and sells connectors in Japan, rest of Asia, Europe, and North America.

LINTEC

Market Cap: JP¥185.2b

Develops, manufactures, and sells adhesive-related products in Japan and internationally.

Micronics Japan

Market Cap: JP¥120.7b

Develops, manufactures, and sells body measuring instruments, semiconductor, and liquid crystal display inspection equipment worldwide.

Cross Plus

Market Cap: JP¥7.7b

Engages in the design, production, and wholesale of apparel and general apparel goods for men, women, and kids in Japan.

TOLI

Market Cap: JP¥29.1b

Manufactures and sells floor coverings, wallpapers, drapes, and related installation accessories in Japan and internationally.

OPTEX GROUP Company

Market Cap: JP¥54.6b

Develops, manufactures, and sells security and automatic door products in Japan, the United States, Europe, and rest of Asia.

Endo Manufacturing

Market Cap: JP¥10.5b

Manufactures and sells golf club heads, metal sleeve products, forged components, and medical devices in Japan and internationally.

Tokyo Kiraboshi Financial Group

Market Cap: JP¥161.4b

Provides financial services for small and medium-sized enterprise in Japan.

Seikagaku

Market Cap: JP¥38.4b

Manufactures and sells pharmaceuticals and medical devices primarily related to glycoconjugates in Japan and internationally.The company operates in two segments, Pharmaceuticals and LAL Business.

MATSUDA SANGYO

Market Cap: JP¥90.5b

Engages in the precious metals, environmental, and food businesses in Japan.

Taihei Machinery Works

Market Cap: JP¥4.0b

Manufactures and sells plywood and woodworking machines in Japan.