Japanese Low Leverage High Rewards

Tokyo Soir

Market Cap: JP¥3.6b

Manufactures and sells women’s formal wear and accessories in Japan.

Okamoto Machine Tool Works

Market Cap: JP¥26.7b

Manufactures and sells grinding machines and semiconductor-related equipment in Japan and internationally.

Alfresa Holdings

Market Cap: JP¥442.5b

Through its subsidiaries, engages in the manufacture, wholesale, marketing, and import/export of pharmaceuticals, diagnostic reagents, and medical devices/equipment in Japan and internationally.

ASKA Pharmaceutical HoldingsLtd

Market Cap: JP¥62.9b

Through its subsidiaries, engages in the pharmaceutical, animal health, and other businesses in Japan.

Enjin

Market Cap: JP¥5.5b

Provides public relation (PR) support services for small and medium sized enterprises and business owners in Japan.

Noritsu Koki

Market Cap: JP¥226.1b

Manufactures and sells audio equipment and peripheral products in Japan, China, the United States, Europe, Central and South America, the Middle East, Africa, and internationally.

Mabuchi Motor

Market Cap: JP¥391.8b

Mabuchi Motor Co., Ltd. manufacture and sale of small motors in Japan, Europe, and North America, and internationally.

Yotai Refractories

Market Cap: JP¥33.9b

Manufactures and sells refractories and ceramics in Japan and internationally.

Nisshin Seifun Group

Market Cap: JP¥583.5b

Through its subsidiaries, engages in the flour milling, processed foods, prepared dishes and other prepared foods, and other businesses in Japan and internationally.

Obayashi

Market Cap: JP¥2.6t

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

Ochi Holdings

Market Cap: JP¥20.5b

Through its subsidiaries, engages in building materials business in Japan.

IDEA ConsultantsInc

Market Cap: JP¥28.1b

Provides integrated consultancy services on social infrastructure development and environmental conservation projects in Japan and internationally.

Taikisha

Market Cap: JP¥203.1b

Engages in the environmental systems and painting systems businesses in Japan.

Okabe

Market Cap: JP¥43.9b

Manufactures and sells construction and civil engineering products in Japan, North America, and internationally.

BIPROGY

Market Cap: JP¥447.6b

Provides cloud computing and outsourcing services in Japan.

Tachibana Eletech

Market Cap: JP¥63.0b

Operates as a technology-driven trading company in Japan and internationally.

Espec

Market Cap: JP¥67.4b

Manufactures and sells environmental test, energy device, and semiconductor-related equipment worldwide.

Takara StandardLtd

Market Cap: JP¥177.4b

Manufactures and sells housing equipment and fixtures in Japan.

KVK

Market Cap: JP¥20.1b

Manufactures, processes, sells, and installs water faucets in Japan, China, and the Philippines.

Komatsu

Market Cap: JP¥5.6t

Manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

Nagoya Electric Works

Market Cap: JP¥14.2b

Manufactures and sells variable message signs (VMS) and other information provision systems in Japan.

Ishii Hyoki

Market Cap: JP¥7.2b

Manufactures and sells electrical machinery and peripheral electronic machinery parts in Japan.

Nansin

Market Cap: JP¥4.0b

Manufactures and sells casters, trolleys, roll box pallets, store supplies, and medical plastic parts.

S Foods

Market Cap: JP¥93.7b

A meat company, engages in manufacture, wholesaling, retailing, and food servicing of meat-related food products in Japan.

Toyo Tanso

Market Cap: JP¥110.3b

Produces and sells carbon materials in Japan and internationally.

Hosokawa Micron

Market Cap: JP¥84.0b

Provides powder and plastic processing equipment in Japan, the Americas, Europe, Asia, and internationally.

Nippon RietecLtd

Market Cap: JP¥62.9b

Engages in the railway electrical equipment construction business in Japan.

Nitta

Market Cap: JP¥119.2b

Engages in the provision of power transmission belts, conveyor belts and units, and other products in Japan and internationally.

ENDO Lighting

Market Cap: JP¥38.2b

Plans, designs, manufactures, and sells light fixtures in Japan and internationally.

TYK

Market Cap: JP¥24.8b

Engages in the manufacture and sale of functional refractories and ceramics worldwide.

Daisan

Market Cap: JP¥3.7b

Plans, designs, manufactures, and sells construction hardware, temporary equipment and other related services in Japan.

Japan Tobacco

Market Cap: JP¥10.3t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

Takahashi Curtain Wall

Market Cap: JP¥4.3b

Engages in the PC curtain wall and aqua businesses in Japan.

Airman

Market Cap: JP¥53.2b

Engages in the manufacture and sale of construction machinery, including construction equipment for heavy machinery and industrial machinery in Japan and internationally.

Dai-Dan

Market Cap: JP¥369.0b

Engages in the design, supervision, and construction of electrical, air conditioning, water hygiene, and firefighting facilities works and machinery in Japan.

KanamotoLtd

Market Cap: JP¥148.3b

Engages in the construction equipment rental business in Japan and internationally.