Japanese Low Leverage High Rewards

Yamato

Market Cap: JP¥50.3b

Designs, constructs, and manages architecture, civil engineering, air conditioning, sanitation, refrigeration, water supply, sewerage, water treatment, and hot bathing projects.

Toyoda Gosei

Market Cap: JP¥497.2b

Manufactures and sells automotive parts, optoelectronic products, and general industry products.

TechMatrix

Market Cap: JP¥68.8b

Engages in the information infrastructure and application service business in Japan.

Insource

Market Cap: JP¥58.3b

Provides various lecturer dispatch type training, open lecture, and other services in Japan.

JFE Systems

Market Cap: JP¥65.0b

Engages in the planning, designing, developing, operating, and maintenance of information systems in Japan.

Nichirei

Market Cap: JP¥487.6b

Through its subsidiaries, engages in the processed food, logistics, marine products, meat and poultry products, bioscience, and real estate businesses in Japan and internationally.

Inaba Denki SangyoLtd

Market Cap: JP¥298.0b

Sells electrical equipment and materials, industrial automation, and proprietary products in Japan and internationally.

ASO International

Market Cap: JP¥6.8b

Operates in dental orthodontics business in Japan.

OSG

Market Cap: JP¥210.1b

Manufactures and sells precision machinery tools in Japan, the Americas, Europe, Africa, and Asia.

Fujii Sangyo

Market Cap: JP¥33.9b

Engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan.

DKS

Market Cap: JP¥85.6b

Engages in the production and sale of surfactants, other industrial chemicals, and life sciences-related products in Japan and internationally.

Cross Marketing Group

Market Cap: JP¥11.5b

Through its subsidiaries, provides market research and IT solutions-related services internationally.

Torishima Pump Mfg

Market Cap: JP¥77.6b

Engages in the sale of pumps and peripheral equipment in Japan and internationally.

Dream Incubator

Market Cap: JP¥25.8b

A venture capital and private equity firm specializing in incubation and investments in all business stages.

Takamatsu Construction Group

Market Cap: JP¥125.9b

Engages in the construction business in Japan.

Tohokushinsha Film

Market Cap: JP¥86.4b

Operates as media business company in Japan.

Miroku Jyoho Service

Market Cap: JP¥52.3b

Provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan.

Kaken Pharmaceutical

Market Cap: JP¥159.8b

Produces, markets, and sells medical products, medical devices, and agrochemicals in Japan and internationally.

Onamba

Market Cap: JP¥20.7b

Manufactures and sells electronic components, general-purpose electric wires, and communication cables for consumer electronic devices, information office equipment, and industrial electronic devices in Japan, rest of Asia, Europe, and America.

Felissimo

Market Cap: JP¥6.2b

Engages in mail order business in Japan.

FUJIKURA COMPOSITES

Market Cap: JP¥46.5b

Engages in the manufacture and sale of industrial rubber components in Japan, the United States, China, and internationally.

Cube System

Market Cap: JP¥15.8b

Provides system solutions in Japan and internationally.

Nippon Beet Sugar ManufacturingLtd

Market Cap: JP¥51.8b

Manufactures and sells functional products in Japan.

LECIP Holdings

Market Cap: JP¥7.4b

Plans, designs, develops, manufactures, sells, and maintains transportation and industrial equipment in Japan, the United States, and internationally.

NS Tool

Market Cap: JP¥21.1b

Manufactures and sells cutting tools in Japan.

PCA

Market Cap: JP¥34.8b

Develops and sells computer software in Japan.

KOSAIDO Holdings

Market Cap: JP¥60.7b

Operates as a printing company in Japan.

Dowa Holdings

Market Cap: JP¥559.9b

Engages in the environmental management and recycling, nonferrous metals, electronic materials, metal processing, and heat treatment businesses.

Fujimak

Market Cap: JP¥16.9b

Engages in the manufacture, sale, maintenance, and repair of commercial kitchen equipment in Japan and internationally.

Iwabuchi

Market Cap: JP¥13.3b

Manufactures and sells electrical overhead wire hardware for electric power, communication, signals, broadcasting, and railway industries in Japan.

Sankyo FrontierLtd

Market Cap: JP¥49.6b

Produces, sells, and rents modular buildings, self-storage, and multi-storey parking devices in Japan and internationally.

Chuo Malleable Iron

Market Cap: JP¥10.0b

Manufactures, processes, and sells cast iron, aluminum, and office furniture products in Japan, China, and internationally.

Ryobi

Market Cap: JP¥78.5b

Operates as a die casting manufacturer in Japan, the United States, China, and internationally.

Nakanishi

Market Cap: JP¥224.6b

Engages in the manufacture and sale of dental, surgical, and general industrial products in Japan and internationally.

Osaka Organic Chemical Industry

Market Cap: JP¥76.3b

Engages in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers in Japan, China, Asia, Australia, the Americas, and Europe.