Japanese Low Leverage High Rewards

Takaoka Toko

Market Cap: JP¥60.8b

Engages in the power equipment, metering, GX solutions, and applied optical inspection equipment businesses.

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.

MTI

Market Cap: JP¥40.6b

Engages in the content distribution for mobile phones 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.

Makiya

Market Cap: JP¥12.0b

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

EM Systems

Market Cap: JP¥55.6b

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

TRANSACTIONLtd

Market Cap: JP¥60.7b

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

Prestige International

Market Cap: JP¥91.2b

Provides business process outsourcing services in Japan and internationally.

Scroll

Market Cap: JP¥46.2b

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

Saint-Care Holding

Market Cap: JP¥29.9b

Provides nursing care services in Japan.

Yagami

Market Cap: JP¥23.5b

Operates as a specialized trading company in the educational market Japan.

WakitaLTD

Market Cap: JP¥93.4b

Engages in the construction equipment, trading, and real estate businesses in Japan.

NSD

Market Cap: JP¥264.5b

Provides various IT solutions in Japan.

Shibusawa Logistics

Market Cap: JP¥70.2b

Provides logistics and warehousing services in Japan and internationally.

Token

Market Cap: JP¥198.2b

Operates as a construction company in Japan.

Yokogawa Bridge Holdings

Market Cap: JP¥118.8b

Engages in the design, fabrication, and construction of steel structures in Japan and internationally.

Kurabo Industries

Market Cap: JP¥139.4b

Engages in textile, chemical, technology, food and service, and real estate businesses in Japan and internationally.

Tacmina

Market Cap: JP¥11.0b

Manufactures and sells precision pumps in Japan and internationally.

Santen Pharmaceutical

Market Cap: JP¥526.6b

Engages in the research and development, manufacturing, and marketing of pharmaceuticals and medical devices in Japan, China, Asia, Europe, the Middle East, Africa, and internationally.

Feed OneLtd

Market Cap: JP¥39.9b

Feed One Co.,Ltd. procures, produces, processes, markets, and sells meat, egg, seafood, and compound feed in Japan and internationally.

Kyoei Steel

Market Cap: JP¥104.5b

Engages in the manufacture, processing, and sells of billets and steel products in Japan, Vietnam, North America, and internationally.

Will Group

Market Cap: JP¥26.0b

Provides human resource services in Japan and internationally.

SPK

Market Cap: JP¥23.4b

Engages in the trading of automotive spare parts and accessories, and industrial vehicle parts in Japan, Asia, Oceania, Central America, and South America.

Sanko Techno

Market Cap: JP¥10.4b

Engages in the fastening business in Japan.

Hokko Chemical Industry

Market Cap: JP¥42.1b

Together with subsidiaries, manufactures and sells crop protection and fine chemicals products in Japan and internationally.

Fenwal Controls of Japan

Market Cap: JP¥10.4b

Designs, develops, manufactures, and sells fire prevention and extinguishing, temperature control, and medical equipment in Japan, rest of Asia, and internationally.

SeirenLtd

Market Cap: JP¥186.4b

Manufactures and markets textile products, industrial machines, and electronic parts in Japan and internationally.

Isewan Terminal Service

Market Cap: JP¥23.1b

Provides various logistics services in Japan and internationally.

ToellLtd

Market Cap: JP¥15.9b

Engages in the energy and water businesses in Japan.

Naigai Tec

Market Cap: JP¥7.6b

Naigai Tec Corporation purchases, imports, exports, and sells pneumatic devices, pneumatic application devices, working machines, electric and electronic devices, and other tools.

Sompo Holdings

Market Cap: JP¥4.8t

Provides property and casualty insurance services in Japan and internationally.

AIT

Market Cap: JP¥49.8b

Operates as a comprehensive logistics company in China and Southeast Asia.

Kawasaki Kisen Kaisha

Market Cap: JP¥1.3t

Engages in the provision of marine, land, and air transportation services in Japan, the United States, Europe, Asia, and internationally.

TESEC

Market Cap: JP¥10.8b

Designs, develops, manufactures, and sells semiconductor test equipment in Japan and internationally.

Care ServiceLtd

Market Cap: JP¥3.0b

Provides in-home care support and day services in Japan and internationally.