Japanese Low Leverage High Rewards

Sanki Engineering

Market Cap: JP¥295.6b

Provides various social infrastructure services in Japan and internationally.

Havix

Market Cap: JP¥3.2b

Engages in the non-woven fabric and paper related businesses in Japan.

SpaceLtd

Market Cap: JP¥38.6b

Engages in the planning, design, supervision, and construction of commercial facilities in Japan.

Gltechno Holdings

Market Cap: JP¥38.6b

Through its subsidiaries, engages in analytical instruments, Semiconductors, automated recognition, and related businesses.

Cross E Holdings

Market Cap: JP¥2.9b

Engages in the facility management, machine installation work, and building and facility construction business in Japan.

Three FLtd

Market Cap: JP¥4.2b

Manages and operates convenience, franchise, and managed stores in Japan.

Nihon Nohyaku

Market Cap: JP¥79.9b

Manufactures and sells agricultural chemicals in Japan, the United States, India, rest of Asia, Brazil, and internationally.

Wellnet

Market Cap: JP¥12.2b

Develops payment settlement, electronic billing, electronic payment, and mobile authentication services in Japan.

MedikitLtd

Market Cap: JP¥43.3b

Develops, manufactures, sells, and exports medical devices related to blood vessels and blood in Japan and internationally.

Eidai KakoLtd

Market Cap: JP¥2.2b

Manufactures, imports, and sells plastic sheets in Japan.

Hamakyorex

Market Cap: JP¥131.1b

Provides 3PL logistics and truck transportation services in Japan and internationally.

Elecom

Market Cap: JP¥134.3b

Engages in the development, manufacturing, and sale of personal computers and digital equipment related products in Japan and internationally.

Kikusui Holdings

Market Cap: JP¥15.7b

Engages in the manufacture and sale of electrical measuring instruments and power supply equipment in Japan and internationally.

Nabtesco

Market Cap: JP¥439.2b

Manufactures and sells industrial robot parts, construction machinery, railway vehicle brakes and automatic doors, aircraft parts, automobile brakes and drive controls, marine controls, and platform safety products in Japan and internationally.

Sankyo Seiko

Market Cap: JP¥26.6b

Engages in the fashion, textile, and real estate businesses in Japan and internationally.

Sanyo Shokai

Market Cap: JP¥38.5b

Engages in the manufacture and sale of men's and women's clothes and accessories in Japan.

ZOZO

Market Cap: JP¥1.2t

Operates online shopping Websites in Japan and internationally.

Echo Trading

Market Cap: JP¥5.5b

Engages in the sale of pet food and pet supplies in Japan.

Takasago International

Market Cap: JP¥144.8b

Manufactures and sells flavors, fragrances, aroma ingredients, and fine chemicals in Japan, the Americas, Europe, and Asia.

Valqua

Market Cap: JP¥70.1b

Designs, manufactures, processes, and sells fiber, fluorocarbon resin, rubber, and other materials in Japan and internationally.

Seino Holdings

Market Cap: JP¥350.5b

Provides transportation services in Japan and internationally.

Yushiro

Market Cap: JP¥36.8b

Manufactures and sells metalworking oils and fluids, and building maintenance products in Japan, the Americas, the United States, China, Southeast Asia, and India.

Kraftia

Market Cap: JP¥543.4b

Engages in design, construction, and installation of power infrastructure construction business in Japan.

Niterra

Market Cap: JP¥1.4t

Manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally.

Hanatour Japan

Market Cap: JP¥11.9b

Operates as a travel portal company in Japan and internationally.

Chubu-Nippon Broadcasting

Market Cap: JP¥24.1b

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

Hibiya Engineering

Market Cap: JP¥100.4b

Provides various engineering products and services primarily in Japan.

Glory

Market Cap: JP¥222.7b

Develops, manufactures and sells cash handling machines in Japan, the United States, Europe, and Asia.

i-mobileLtd

Market Cap: JP¥27.3b

Engages in the Internet advertising business in Japan.

Obayashi

Market Cap: JP¥2.3t

Engages in the construction business in Japan, North America, Asia and internationally.

PIXTA

Market Cap: JP¥1.8b

Operates an online marketplace site of stock photos, illustrations, vectors, and footage in Japan.

Kitazawa Sangyo

Market Cap: JP¥6.5b

Sells food processing machinery and cooking equipment in Japan.

ExtremeLtd

Market Cap: JP¥7.7b

Engages in the digital human resource, contract development, and content property businesses in Japan.

Hamamatsu Photonics K.K

Market Cap: JP¥503.7b

Manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconductors, and imaging and analyzing systems in Japan and internationally.

Nippon Kodoshi

Market Cap: JP¥34.7b

Manufactures and sells separators in Japan and internationally.

Toyo Denki Seizo K.K

Market Cap: JP¥19.1b

Manufactures and sells transportation, industrial, and information equipment systems in Japan and internationally.