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.

Saita

Market Cap: JP¥2.5b

Engages in the construction and crushed stone businesses in Japan.

Fuji SeikiLtd

Market Cap: JP¥2.1b

Manufactures and sells precision molds, molding systems, and precision molded components in Japan, China, Indonesia, Thailand, and internationally.

Sonec

Market Cap: JP¥7.8b

Engages in the general construction business.

Wagokoro

Market Cap: JP¥6.6b

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

KyowakogyosyoLtd

Market Cap: JP¥10.6b

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.

Nix

Market Cap: JP¥2.1b

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

Seiwa Electric Mfg

Market Cap: JP¥9.1b

Manufactures and sells information equipment, lighting equipment, and components in Japan and internationally.

Mitsuboshi

Market Cap: JP¥2.9b

Manufactures and sells electric wires and synthetic resin products in Japan.

Santo

Market Cap: JP¥2.6b

Engages in the construction contracting business in Japan.

Masaru

Market Cap: JP¥4.9b

Engages in the construction activities in Japan.

CominixLtd

Market Cap: JP¥7.0b

Operates as a specialized trading company in Japan and internationally.

NISSO GROUPLtd

Market Cap: JP¥5.6b

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

Sanoyas Holdings

Market Cap: JP¥9.8b

Engages in the manufacturing and assembly of machinery and parts 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.

Tohoku Chemical

Market Cap: JP¥4.2b

A trading company, sells pharmaceuticals, pesticides, food additives, and industrial chemicals and reagents in Japan.

SanseiLtd

Market Cap: JP¥3.4b

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¥4.7b

Engages in the sale of fastening products in Japan.

Taiyo KisokogyoLtd

Market Cap: JP¥4.8b

Engages in the civil engineering business in Japan.

Hojyogumi.Co.Ltd

Market Cap: JP¥2.4b

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

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¥7.1b

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

Takahashi Curtain Wall

Market Cap: JP¥4.3b

Engages in the PC curtain wall and aqua businesses in Japan.

Giken Holdings

Market Cap: JP¥4.0b

Engages in the construction business and related operations in Japan.

Kokusai

Market Cap: JP¥10.4b

Engages in the manufacture and sale of testers and measurement instruments for motors and rotating equipment, and automatic inspection equipment in Japan, the United States, South Korea, China, and internationally.

Kawata Mfg

Market Cap: JP¥5.7b

Designs and manufactures powder and grain processing equipment and systems in Japan and internationally.

Sankyo Kasei

Market Cap: JP¥3.6b

Manufactures, sells, and imports/exports chemicals, synthetic resins, dyes, pigments, paints, dyeing auxiliary poisonous, and deleterious substances in Japan and internationally.

KUWAZAWA Holdings

Market Cap: JP¥9.9b

Provides construction materials and works in Japan.

Okumura Engineering

Market Cap: JP¥6.8b

Engages in the development, manufacturing, and sales of various valves for industrial, building, and marine applications.

Otake

Market Cap: JP¥7.1b

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