We have invested in companies like NTT Data, in data communications, and Keyence, in industrial electronics.

CNN: Money & Investing

These three outfits are in cyclical industries, but all of them have conservative balance sheets--SMC has nearly five times as much cash as debt, and Fanuc and Keyence are debt free.

FORBES: Cash For Sale

Founder of Keyence, leading maker of sensors.

FORBES: Japan's 40 Richest