Japanese Dividend Powerhouses (3%+ Yield)

Soliton Systems K.K

Market Cap: JP¥25.6b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

DoshishaLtd

Market Cap: JP¥92.6b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

Japan Excellent

Market Cap: JP¥196.2b

Japan Excellent, Inc. (hereinafter, “JEI”), established on February 20, 2006 under the Law Concerning Investment Trusts and Investment Corporations of Japan (the “Investment Trust Law”), is a real estate investment corporation which primarily invests in office buildings.

SAN Holdings

Market Cap: JP¥29.8b

Provides funeral services in Japan.

GakkyushaLtd

Market Cap: JP¥25.2b

Manages cram schools that offers entrance exams guidance to junior high schools, high schools, and universities in Japan and internationally.

Torigoe

Market Cap: JP¥23.2b

Manufactures and sells flours and related products in Japan.

CAC Holdings

Market Cap: JP¥35.9b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

Daicel

Market Cap: JP¥362.4b

Engages in the materials, medical/healthcare, smart, safety, engineering plastics, and other businesses in Japan, China, and internationally.

NCD

Market Cap: JP¥21.3b

Engages in the system development, support and service, and parking system businesses in Japan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥76.9b

Operates as a construction works company in Japan and internationally.

Tanabe Engineering

Market Cap: JP¥25.4b

Engages in plant construction and machinery production activities in Japan.

Japan Pulp and Paper

Market Cap: JP¥86.1b

Engages in the manufacture, import, export, distribution, wholesale, and sale of paper, paperboards, pulp, and paper-related products in Japan, Europe, Asia, Oceania, North America, and internationally.

KSKLtd

Market Cap: JP¥25.8b

Engages in the LSI, software, hardware, customer service, and data entry businesses.

Zenrin

Market Cap: JP¥56.4b

Engages in the collection and management of a range of geospatial information worldwide.

AiphoneLtd

Market Cap: JP¥45.7b

Manufactures and sells telecommunications equipment for facilities, offices and public facilities under the AIPHONE brand name for housing, healthcare, business, accessories, and smartphone applications internationally.

Global One Real Estate Investment

Market Cap: JP¥145.6b

Global One Real Estate Investment Corporation (“GOR”) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange (TSE: 8958) with the ultimate goal of pursuing maximum returns for unitholders.

DN HoldingsLtd

Market Cap: JP¥17.0b

Engages in the construction consulting and geological survey businesses in Japan.

Kyosan Electric Manufacturing

Market Cap: JP¥33.3b

Develops, manufactures, and sells electromechanical interlocking, road traffic signal equipment, and cuprous oxide rectifiers in Japan and internationally.

ITFOR

Market Cap: JP¥38.4b

Provides IT solutions for various industries in Japan.

Vt HoldingsLtd

Market Cap: JP¥56.8b

Operates as an automobile dealer in Japan worldwide.

Aichi Electric

Market Cap: JP¥53.9b

Engages in the manufacture and sale of electric power products in Japan and internationally.

Japan Lifeline

Market Cap: JP¥102.0b

A medical device company, engages in manufacturing and sale of medical device in Japan.

Kimura Unity

Market Cap: JP¥36.1b

Provides logistics, car, information, and staffing services in Japan.

DaikyoNishikawa

Market Cap: JP¥52.1b

Develops, manufactures, and sells automotive parts, and synthetic plastic products in Japan.

SIIX

Market Cap: JP¥60.9b

Primarily sells and distributes electronic components in Japan and internationally.

FTGroup

Market Cap: JP¥37.0b

Offers network infrastructure services in Japan.

GSI Creos

Market Cap: JP¥28.9b

Offers textiles and industrial products worldwide.

Yamabiko

Market Cap: JP¥95.4b

Manufactures and sells agricultural machinery in Japan, Europe, the United States, and internationally.

Inpex

Market Cap: JP¥3.0t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

Kamigumi

Market Cap: JP¥450.3b

Provides integrated logistics services in Japan and internationally.

SuzukiLtd

Market Cap: JP¥30.6b

Manufactures and sells connectors for car electronics parts in Japan.

Rasa

Market Cap: JP¥18.2b

A trading company, supplies resources, metallic materials, industrial machinery, construction equipment, and other products in Japan, China, Korea, Taiwan, and Australia.

Mars Group Holdings

Market Cap: JP¥58.6b

Engages in the manufacture, sale, and provision of services for peripheral devices for amusement-related facilities in Japan.

Nippon Seiki

Market Cap: JP¥100.1b

Engages in the manufacture and sale of instruments for automobiles, motorcycles, agricultural and construction machines, and boats in Japan, the Americas, Europe, and rest of Asia.

Fujii Sangyo

Market Cap: JP¥28.2b

Engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan.

SRA Holdings

Market Cap: JP¥58.9b

Engages in systems development, operation/administration, and product solutions marketing businesses in Japan and internationally.