Japanese Low Leverage High Rewards

Innotech

Market Cap: JP¥27.2b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

Ohishi Sangyo

Market Cap: JP¥10.5b

Engages in the manufacture and sale of industrial packaging materials primarily in Japan.

Sakai Moving ServiceLtd

Market Cap: JP¥115.8b

Provides moving transportation and ancillary services in Japan.

SOLXYZ

Market Cap: JP¥9.3b

Provides system integration, consulting, and outsourcing services in Japan.

Chudenko

Market Cap: JP¥243.2b

Operates as an equipment engineering company in Japan.

NPR-Riken

Market Cap: JP¥94.4b

Manufactures and sells automobile engine parts, marine engine parts, and other products in Japan and internationally.

HITO-Communications HoldingsInc

Market Cap: JP¥18.4b

Engages in the outsourcing, temporary staffing, e-commerce (EC)/TC support, and wholesale businesses in Japan and internationally.

CMC

Market Cap: JP¥21.9b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

HIMACS

Market Cap: JP¥14.9b

Provides defined valued processes for various system lifecycles in Japan.

Nikko

Market Cap: JP¥30.3b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Mino Ceramic

Market Cap: JP¥12.2b

Designs, produces, and sells refractories and advanced ceramics in Japan and internationally.

Ensuiko Sugar Refining

Market Cap: JP¥14.3b

Manufactures and sells sugar products in Japan.

FURYU

Market Cap: JP¥28.0b

Engages in planning, developing, manufacturing, and selling photo sticker machines in Japan.

QuickLtd

Market Cap: JP¥50.2b

Engages in the recruiting, human resources service, information publishing, and Internet-related businesses in Japan and internationally.

DoshishaLtd

Market Cap: JP¥114.4b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

Kanda HoldingsLtd

Market Cap: JP¥19.3b

Through its subsidiaries, operates as a logistics company in Japan and internationally.

Bell-ParkLtd

Market Cap: JP¥32.6b

Bell-Park Co.,Ltd. provide services for information and communication devices in Japan.

Totech

Market Cap: JP¥153.0b

Engages in the sale of air conditioning equipment in Japan.

Mansei

Market Cap: JP¥9.2b

Provides electronic products in Japan.

Nippon Carbon

Market Cap: JP¥48.9b

Engages in the manufacture and sale of carbon products in Japan.

Kondotec

Market Cap: JP¥39.0b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Ohashi Technica

Market Cap: JP¥30.5b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, China, Thailand, ASEAN, Europe, Taiwan, and internationally.

I-Net

Market Cap: JP¥38.2b

Provides information processing and system development services in Japan.

Insight

Market Cap: JP¥667.7m

Provides sales promotions and marketing plans for the real estate industry in Japan.

Prestige International

Market Cap: JP¥91.2b

Provides business process outsourcing services in Japan and internationally.

Scroll

Market Cap: JP¥46.1b

Engages in the mail-order and e-commerce businesses in Japan.

TV TOKYO Holdings

Market Cap: JP¥125.9b

Operates as a broadcasting holding company in Japan.

MS&AD Insurance Group Holdings

Market Cap: JP¥5.6t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

MIRAIT ONE

Market Cap: JP¥302.5b

Engages in the telecommunications construction, electrical construction, civil engineering work, and architectural and construction businesses in Japan.

TRANSACTIONLtd

Market Cap: JP¥60.5b

Plans, designs, manufactures, and sells miscellaneous goods to companies and individuals in Japan and internationally.

AlsokLtd

Market Cap: JP¥608.5b

Engages in the electronic, stationed, and transportation security services in Japan and internationally.

Matsui Construction

Market Cap: JP¥42.3b

Engages in the civil engineering, designing, supervising, and construction business in Japan.

Kitagawa

Market Cap: JP¥16.0b

Manufactures and supplies synthetic metals, machine tool accessories, and industrial machinery in Japan and internationally.

KSKLtd

Market Cap: JP¥30.7b

Engages in the LSI, software, hardware, customer service, and data entry businesses.

MTI

Market Cap: JP¥40.9b

Engages in the content distribution for mobile phones in Japan.

Okinawa Cellular Telephone

Market Cap: JP¥260.1b

Provides telecommunication and portable phone services in Japan.