Japanese Capital Goods Potentially Undervalued Small Caps

Nikko

Market Cap: JP¥5.4b

Engages in manufacturing activities of housing environmental equipment in Japan and internationally.

Dijet Industrial

Market Cap: JP¥3.2b

Engages in the manufacture and sale of cemented carbide tools worldwide.

Wagokoro

Market Cap: JP¥6.1b

Engages in retail, services, and OEM businesses in Japan.

O-Well

Market Cap: JP¥10.3b

Engages in coating and electronics related business in Japan.

Sonec

Market Cap: JP¥9.9b

Engages in the general construction business.

Kyowa Engineering Consultants

Market Cap: JP¥4.9b

Provides construction consultancy services in Japan and internationally.

Saita

Market Cap: JP¥2.6b

Engages in the construction and crushed stone businesses in Japan.

Mansei

Market Cap: JP¥9.7b

Provides electronic products in Japan.

Nihon Decoluxe

Market Cap: JP¥6.8b

Engages in the manufacture and sale of construction materials and real estate business in Japan.

ENSHU

Market Cap: JP¥3.6b

Manufactures and sells machine tools and parts in Japan and internationally.

Create

Market Cap: JP¥4.5b

Engages in the wholesale of plumbing materials under the TORO brand in Japan.

KyowakogyosyoLtd

Market Cap: JP¥10.1b

Manufactures and sells hexagon bolts, JIS hexagon socket head cap screws, bolts for construction machinery and internal combustion engines, cold-forged parts for automobiles, and special cold-/hot-forged parts in Japan and internationally.

Yamadai

Market Cap: JP¥882.0m

Engages in the wholesale and retail of housing materials and construction materials in Japan.

Nix

Market Cap: JP¥2.0b

Plans, develops, manufactures, and sells industrial plastics parts, plastic fasteners, and other components in Japan and internationally.

Yokota Manufacturing

Market Cap: JP¥3.6b

Yokota Manufacturing Co., Ltd., provide fluid control solutions primarily for Water in Japan and internationally.

NISSO GROUPLtd

Market Cap: JP¥6.2b

Engages in the planning, design, processing, manufacturing, and sale of various metal products in Japan.

KANESOLTD

Market Cap: JP¥7.8b

Designs, manufactures, and sells construction, disaster prevention, urban landscape maintenance, environment, welfare, and greenery products in Japan.

Sanko Techno

Market Cap: JP¥10.4b

Engages in the fastening business in Japan.

Santo

Market Cap: JP¥3.2b

Engages in the construction contracting business in Japan.

Seiwa Electric Mfg

Market Cap: JP¥9.9b

Manufactures and sells information equipment, lighting equipment, components, and other products in Japan.

Seiko

Market Cap: JP¥10.0b

Engages in the manufacture and sale of industrial machinery in Japan.

Rising

Market Cap: JP¥1.4b

Engages in the sales, installation, maintenance, and consulting of energy-saving equipment for residential and industrial use in Japan.

Hatsuho ShoujiLtd

Market Cap: JP¥8.9b

Trades in steel and construction materials in Japan.

SanseiLtd

Market Cap: JP¥4.2b

Designs, manufactures, installs, rents, maintains, repairs, and sells washing gondola for cleaning windows in mid and high-rise buildings in Japan.

TORQ

Market Cap: JP¥4.9b

Engages in the sale of fastening products in Japan.

Cross E Holdings

Market Cap: JP¥2.8b

Engages in the facility management, machine installation work, and building and facility construction business in Japan.

Showa ManufacturingLtd

Market Cap: JP¥5.4b

Manufactures and sells heat source and hot water supply products in Japan.

Hojyogumi.Co.Ltd

Market Cap: JP¥2.4b

Engages in the designing and construction of civil engineering and construction works in Japan.

Nippon Kanryu Industry

Market Cap: JP¥4.8b

Engages in the construction business.

Nakamichi Leasing

Market Cap: JP¥5.1b

Engages in the leasing, discounting, commercial loans, real estate, and healthcare businesses in Japan.

Kaji Technology

Market Cap: JP¥7.8b

Manufactures and sells high-pressure air and gas piston compressors for various applications worldwide.

Daisan

Market Cap: JP¥3.8b

Plans, designs, manufactures, and sells construction hardware, temporary equipment and other related services in Japan.

Tsudakoma

Market Cap: JP¥2.8b

Produces and sells textile machinery and machine tool attachments in Japan, Asia, North and south America, Europe, and internationally.

MIE Corporation

Market Cap: JP¥1.9b

Through its subsidiaries, manufactures and sells factory pipe fittings, construction pipe fittings, and flanges under the MIE brand in Japan and internationally.

NEPON

Market Cap: JP¥1.2b

Manufactures and sells agricultural, general purpose, construction, and sanitary equipment in Japan.

Otake

Market Cap: JP¥7.4b

Engages in sale of plumbing, housing, and air conditioning equipment.