Japanese Dividend Powerhouses (3%+ Yield)

CAC Holdings

Market Cap: JP¥35.3b

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

Nissan Chemical

Market Cap: JP¥564.3b

Engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally.

GakkyushaLtd

Market Cap: JP¥24.2b

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

Daicel

Market Cap: JP¥317.8b

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

DoshishaLtd

Market Cap: JP¥84.4b

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

Japan Excellent

Market Cap: JP¥177.2b

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.

Yamato Kogyo

Market Cap: JP¥552.3b

Through its subsidiaries, engages in the manufacture and sale of steel products in Japan, and internationally.

E J Holdings

Market Cap: JP¥23.7b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

Daito Trust ConstructionLtd

Market Cap: JP¥1.0t

Designs, constructs, and rents apartments and condominiums in Japan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥69.7b

Operates as a construction works company in Japan and internationally.

AiphoneLtd

Market Cap: JP¥42.8b

Manufactures and sells telecommunication equipment under the AIPHONE brand name for housing, healthcare, business, accessories, and smartphone applications worldwide.

EM Systems

Market Cap: JP¥52.6b

Develops and sells various IT systems for pharmacies, clinics, and care/welfare other business in Japan.

Japan Pulp and Paper

Market Cap: JP¥74.0b

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

Global One Real Estate Investment

Market Cap: JP¥128.5b

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.

MS&AD Insurance Group Holdings

Market Cap: JP¥5.2t

An insurance holding company, provides insurance and financial services worldwide.

JICHODOLtd

Market Cap: JP¥31.0b

Engages in planning, manufacturing, and sale of uniforms in Japan and internationally.

KSKLtd

Market Cap: JP¥21.1b

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

InabataLtd

Market Cap: JP¥171.3b

Provides solutions and services for information and electronics, chemicals, life industry, and plastics businesses in Japan and internationally.

Tanabe Engineering

Market Cap: JP¥23.3b

Engages in plant construction and machinery production activities in Japan.

Kyosan Electric Manufacturing

Market Cap: JP¥31.1b

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

Yamax

Market Cap: JP¥15.3b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

Kyodo Printing

Market Cap: JP¥36.9b

Engages in the printing business in Japan.

Aichi Electric

Market Cap: JP¥45.5b

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

Ono Pharmaceutical

Market Cap: JP¥712.2b

Produces, purchases, and sells pharmaceuticals and diagnostic reagents worldwide.

Chugoku Marine Paints

Market Cap: JP¥112.6b

Produces and sells functional coatings worldwide.

WakitaLTD

Market Cap: JP¥82.6b

Operates construction equipment, trading, and real estate businesses in Japan.

Vt HoldingsLtd

Market Cap: JP¥58.1b

Operates as an automobile dealer in Japan worldwide.

Yamabiko

Market Cap: JP¥85.3b

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

Kamigumi

Market Cap: JP¥409.5b

Provides an integrated logistics services in Japan and internationally.

Nippon Concept

Market Cap: JP¥23.8b

Provides transportation services for various liquid cargoes and various gases in Japan and internationally.

DaikyoNishikawa

Market Cap: JP¥45.3b

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

FTGroup

Market Cap: JP¥32.8b

Offers network infrastructure services in Japan.

SIIX

Market Cap: JP¥54.3b

Primarily sells and distributes electronic components in Japan and internationally.

Inpex

Market Cap: JP¥2.3t

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

SuzukiLtd

Market Cap: JP¥24.8b

Manufactures and sells connectors for car electronics parts in Japan.

GSI Creos

Market Cap: JP¥25.3b

Offers textiles and industrial products worldwide.