Japanese Low Leverage High Rewards

Koike Sanso KogyoLtd

Market Cap: JP¥25.3b

Develops, manufactures, and sells various types of gases, welding and cutting machines and systems, and related products to industries that process steel plates, aluminum, and stainless steel in Japan and internationally.

HIMARAYALtd

Market Cap: JP¥10.4b

Engages in the retail of sporting goods in Japan.

SIG Group

Market Cap: JP¥3.6b

Provides system integration, IT infrastructure, and security solutions in Japan.

Bunka Shutter

Market Cap: JP¥145.5b

Manufactures and sells various shutters and construction materials in Japan.

Life

Market Cap: JP¥178.7b

Operates a chain of supermarkets in Japan.

Meidensha

Market Cap: JP¥177.8b

Engages in the power infrastructure; public, industrial, and commercial sector; mobility and electrical components; field service engineering; and real estate businesses in Japan and internationally.

Riken Technos

Market Cap: JP¥51.5b

Engages in compound, film, and food wrapping film businesses in Japan and internationally.

Hochiki

Market Cap: JP¥60.7b

Engages in the research and development, manufacture, sale, consulting, engineering, design, and maintenance of fire alarm, information and communication, fire extinguishing, and security systems in Japan and internationally.

KUWAZAWA Holdings

Market Cap: JP¥8.2b

Operates as a construction materials trading company in Japan.

Chofu Seisakusho

Market Cap: JP¥61.2b

Engages in manufacture and sale of residential appliances in Japan and internationally.

Dentsu Soken

Market Cap: JP¥406.1b

Provides information technology solutions.

gremzInc

Market Cap: JP¥54.6b

Engages in energy cost solution, smart house, and electricity retailing businesses in Japan.

Shoei

Market Cap: JP¥87.9b

Manufactures and sells motorcycle helmets for general public and government agencies under the SHOEI brand worldwide.

Sankyo Kasei

Market Cap: JP¥3.7b

Manufactures, sells, and imports/exports chemicals, synthetic resins, dyes, pigments, paints, dyeing auxiliary poisonous, and deleterious substances in Japan and internationally.

Mochida Pharmaceutical

Market Cap: JP¥109.5b

Manufactures and sells pharmaceuticals and healthcare products in Japan.

Kaneka

Market Cap: JP¥219.4b

Engages in the manufacture and sale of polyvinyl chloride (PVC), crosslinked PVC, PVC-PVAc polymers, paste PVC, acryl grafted-vinyl chloride copolymer, and chlorinated PVC in Japan and internationally.

IDEC

Market Cap: JP¥67.5b

Engages in the development of human machine interfaces, industrial switches, control devices, and daily life scenes in Japan and internationally.

Mitani Sangyo

Market Cap: JP¥21.5b

Engages in chemicals, resin, electronics, information systems, air conditioning systems, housing equipment, energy businesses in Japan and internationally.

Mitsubishi

Market Cap: JP¥10.8t

Engages in the natural gas, industrial materials and infrastructure, chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide.

DIP

Market Cap: JP¥108.3b

A labor force solution company, provides personnel recruiting services in Japan.

ktk

Market Cap: JP¥3.4b

Manufactures and sells recycled products and office supplies for use in office automation equipment in Japan.

MIXI

Market Cap: JP¥214.8b

Engages in the sports, digital entertainment, lifestyle, and investment businesses in Japan.

Teikoku Tsushin Kogyo

Market Cap: JP¥22.2b

Provides various electronic components in Japan and internationally.

Kohsoku

Market Cap: JP¥41.0b

Engages in the sale of light food packaging materials in Japan.

Fukuvi Chemical IndustryLtd

Market Cap: JP¥15.8b

Manufactures and sells plastic extrusion of construction and industrial products under the Fukuvi brands in Japan and internationally.

International Conglomerate of Distribution for Automobile Holdings

Market Cap: JP¥7.0b

International Conglomerate of Distribution for Automobile Holdings Co., Ltd.

Buffalo

Market Cap: JP¥31.4b

Through its subsidiaries, develops, manufactures, and sells digital home appliances and computer peripherals in Japan and internationally.

Daiichikosho

Market Cap: JP¥174.4b

Engages in the sale and rental of commercial karaoke systems in Japan.

Dowa Holdings

Market Cap: JP¥272.6b

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

Japan Insulation

Market Cap: JP¥7.5b

Engages in the design, manufacture, and sale of calcium silicate products in Japan.

Osaka Organic Chemical Industry

Market Cap: JP¥48.7b

Engages in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers in Japan.

Maruzen

Market Cap: JP¥52.2b

Engages in the manufacture and sale of commercial kitchen equipment.

Mitsui DM SugarLtd

Market Cap: JP¥110.4b

Manufactures and sells refined sugar and functional food materials in Japan.

Nippon Yusen Kabushiki Kaisha

Market Cap: JP¥2.0t

Engages in the provision of various logistics services worldwide.

BRIDGE International

Market Cap: JP¥6.7b

Provides services focusing on corporate sales in Japan.

Satoh

Market Cap: JP¥17.0b

Sells commercial food products in Japan.