Japanese Low Leverage High Rewards

Okinawa Cellular Telephone

Market Cap: JP¥259.8b

Provides telecommunication and portable phone services in Japan.

Takeuchi Mfg

Market Cap: JP¥314.1b

Manufactures and sells construction machinery in Japan and internationally.

Ohba

Market Cap: JP¥17.4b

Provides consulting services for city planning projects in Japan.

TPR

Market Cap: JP¥85.3b

Engages in the development and sale of engine components in Japan, Asia, North America, and internationally.

Tachikawa

Market Cap: JP¥39.1b

Designs, manufactures, markets, sells, and installs various window covering products, centered around blinds and room partitions primarily in Japan.

NANYO

Market Cap: JP¥17.5b

A general machinery trading company, distributes and rents various machineries in Japan and internationally.

Fujita Engineering

Market Cap: JP¥16.1b

Engages in the facilities construction business in Japan and internationally.

Nihon Shokuhin Kako

Market Cap: JP¥19.6b

Engages in the manufacture and sale of processed corn products and related secondary processed products in Japan.

Yamax

Market Cap: JP¥18.1b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

Nissei ASB Machine

Market Cap: JP¥92.8b

Engages in the planning, development, manufacturing, and distribution of production machines for PET and other plastic bottles worldwide.

ChugokukogyoLtd

Market Cap: JP¥2.3b

Manufactures and sells high voltage, steel structure, and facility equipment in Japan.

S.T

Market Cap: JP¥32.2b

Manufactures and sells deodorizers and air fresheners, mothproofing agents, gloves, dehumidifiers, and other products in Japan and internationally.

Zojirushi

Market Cap: JP¥102.2b

Manufactures and markets household products in Japan and internationally.

Asahi Yukizai

Market Cap: JP¥98.8b

Engages in the piping system, resin, and water treatment and resource development businesses in Japan.

CSS HoldingsLtd

Market Cap: JP¥4.8b

Provides steward management services in Japan.

Sankyo

Market Cap: JP¥494.4b

Manufactures and sells game machines and ball bearing supply systems in Japan.

ARGO GRAPHICS

Market Cap: JP¥113.2b

Provides technical solutions in Japan.

F.C.C

Market Cap: JP¥183.3b

Manufactures and sells clutches for automobiles, motorcycles, and general-purpose machinery in Japan and internationally.

Stella Chemifa

Market Cap: JP¥50.2b

Manufactures and sells high-purity chemical products in Japan and internationally.

Adeka

Market Cap: JP¥385.6b

Engages in chemicals, food products, and life science businesses.

Comture

Market Cap: JP¥54.1b

Provides cloud, digital, business, platform and operation, and digital learning solutions in Japan.

Maruken Lease

Market Cap: JP¥12.3b

Maruken Lease Co., Ltd. leases, sells, repairs, and fabricates temporary steel construction materials in Japan.

Seven Bank

Market Cap: JP¥348.9b

Provides various banking products and services to individual and corporate customers in Japan and internationally.

TV TOKYO Holdings

Market Cap: JP¥123.9b

Operates as a broadcasting holding company in Japan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥78.0b

Operates as a construction works company in Japan and internationally.

HIRAYAMA HOLDINGSLtd

Market Cap: JP¥10.1b

Provides human resources services and contract work primarily for the manufacturing and technology development departments of manufacturing companies in Japan and internationally.

Shimojima

Market Cap: JP¥31.5b

Engages in the wholesale and retail of paper products, plastic products and packaging materials, and in-store materials primarily in Japan.

ISB

Market Cap: JP¥19.5b

Engages in the provision of embedded software development services for mobile, medical, and automotive applications in Japan.

JICHODOLtd

Market Cap: JP¥28.0b

Engages in planning, manufacturing, and sale of uniforms in Japan and internationally.

Kuriyama Holdings

Market Cap: JP¥32.8b

Manufactures and sells of various hoses, rubber, and plastics products in Japan, the United States, Canada, Europe, and internationally.

Okamura

Market Cap: JP¥218.1b

Engages in office furniture, store displays, and material handling systems businesses in Japan.

JANOME

Market Cap: JP¥20.8b

Engages in the planning, development, and production of sewing machines in Japan, North America, Europe, Oceania, Central and South America, the rest of Asia, and the Middle East.

Yamaha

Market Cap: JP¥489.6b

Engages in the musical instruments, audio equipment, and other businesses in Japan and internationally.

EM Systems

Market Cap: JP¥55.6b

Develops and sells various IT systems for pharmacies, clinics, and care/welfare other business in Japan.

Makiya

Market Cap: JP¥12.0b

Engages in the wholesale and retail business of household goods in Japan.

Suntory Beverage & Food

Market Cap: JP¥1.5t

Engages in the manufacture and sale of alcoholic and non-alcoholic beverages, and food products in Japan, the Asia-Pacific, Europe, and the Americas.