Japanese Energy Transition

Hitachi

Market Cap: JP¥22.2t

Provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally.

ITOCHU

Market Cap: JP¥13.9t

Trades and imports/exports various products worldwide.

Mitsubishi Heavy Industries

Market Cap: JP¥12.9t

Manufactures and sells heavy machinery worldwide.

Toyota Tsusho

Market Cap: JP¥5.6t

Engages in the metals, circular economy, supply chain, mobility, green infrastructure, digital solutions, and lifestyle businesses.

ORIX

Market Cap: JP¥5.1t

Provides financial services in Japan, the United States, Asia, Europe, and Australasia.

Daiwa House Industry

Market Cap: JP¥3.2t

Engages in the construction work business in Japan, the United States, and internationally.

ENEOS Holdings

Market Cap: JP¥3.0t

Through its subsidiaries, operates in the energy, oil and natural gas exploration and production, and metals businesses in Japan, China, Asia, and internationally.

Kajima

Market Cap: JP¥2.7t

Engages in civil engineering, building construction, real estate development, architectural and civil design, and other businesses.

Obayashi

Market Cap: JP¥2.3t

Engages in the construction business in Japan, North America, Asia and internationally.

SBI Holdings

Market Cap: JP¥2.2t

Engages in the online securities and investment businesses in Japan and Saudi Arabia.

Mitsubishi HC Capital

Market Cap: JP¥1.9t

Engages in the lease, installment sale, and other financing activities in Japan, North America, the United Kingdom, rest of Europe, the Middle and Near East, Asia, Oceania, and internationally.

Kawasaki Heavy Industries

Market Cap: JP¥1.7t

Engages in aerospace systems, vehicles, energy solutions and marine, precision machinery, and robot businesses in Japan and internationally.

SBI Shinsei Bank

Market Cap: JP¥1.5t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

Ryohin Keikaku

Market Cap: JP¥1.5t

Engages in the retail of household goods, and food items in Japan and internationally.

Idemitsu KosanLtd

Market Cap: JP¥1.4t

Engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan, rest of Asia, Oceania, North America, and internationally.

Kinden

Market Cap: JP¥1.3t

Provides integrated electrical and facility engineering services in Japan.

Hulic

Market Cap: JP¥1.3t

Engages in the holding, leasing, brokerage, and sale of real estate properties in Japan.

Yokogawa Electric

Market Cap: JP¥1.3t

Provides industrial automation, and test and measurement solutions in Japan, Southeast Asia, the Far East, China, India, Europe, CIS countries, North America, the Middle East, Africa, and Central and South America.

Chiba Bank

Market Cap: JP¥1.2t

Provides banking products and services in Japan and internationally.

KandenkoLtd

Market Cap: JP¥1.0t

Engages in electrical and piping work, and other facility construction work in Japan and internationally.

Tokyu Fudosan Holdings

Market Cap: JP¥1.0t

Engages in the real estate business in Japan and internationally.

Sojitz

Market Cap: JP¥1.0t

Operates as a general trading company worldwide.

Tokyo Century

Market Cap: JP¥989.7b

Provides equipment leasing, automobility, specialty financing, environmental infrastructure, and international businesses in Japan and internationally.

Mebuki Financial GroupInc

Market Cap: JP¥982.0b

Provides banking products and financial services in Japan and internationally.

Sumitomo Forestry

Market Cap: JP¥981.2b

Engages in forestry business in Japan, the United States, Australia, China, Indonesia, New Zealand, and internationally.

Nippon Television Holdings

Market Cap: JP¥940.7b

Operates as a media and content company in Japan.

Kobe Bussan

Market Cap: JP¥840.3b

Primarily engages in the operation, management, and franchising of retail stores in Japan.

Kyushu Electric Power Company

Market Cap: JP¥793.8b

Engages in the power generation, transmission, distribution, and retail in Japan and internationally.