Japanese Undervalued Dividend Payers

Cosmo Energy Holdings

Market Cap: JP¥709.1b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

Seiko Epson

Market Cap: JP¥640.9b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

ABC-MartInc

Market Cap: JP¥628.1b

Engages in the retailing of shoes, clothing, and general merchandise products for men, women, and kids in Japan.

AlsokLtd

Market Cap: JP¥606.3b

Engages in the electronic, stationed, and transportation security services in Japan and internationally.

Takasago Thermal Engineering

Market Cap: JP¥599.6b

Designs, constructs, manufactures, sells, and installs heating, ventilation, and air conditioning (HVAC) systems in Japan and internationally.

Toyo Tire

Market Cap: JP¥577.9b

Manufactures and sells tires in Japan, North America, and internationally.

NSK

Market Cap: JP¥563.9b

Manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide.

Yamato Holdings

Market Cap: JP¥561.3b

Provides logistics shipping services in Japan and internationally.

Sumitomo Rubber Industries

Market Cap: JP¥549.3b

Provides tires, sports, and industrial and other products in Japan and internationally.

NHK Spring

Market Cap: JP¥521.6b

Manufactures and sells automotive parts in Japan, rest of Asia, America, Europe, and internationally.

Persol HoldingsLtd

Market Cap: JP¥520.0b

Provides human resource services under the PERSOL brand worldwide.

Toyoda Gosei

Market Cap: JP¥490.0b

Manufactures and sells automotive parts, optoelectronic products, and general industry products.

Lion

Market Cap: JP¥457.0b

Manufactures and sells consumer and industrial products in Japan and internationally.

Sumitomo Bakelite

Market Cap: JP¥438.6b

Engages in the research and development, manufacture, and sale of semiconductor materials, plastic products, and life products in Japan and internationally.

ZENKOKU HOSHOLtd

Market Cap: JP¥426.2b

Engages in the credit guarantee business in Japan.

Sankyu

Market Cap: JP¥420.2b

Provides logistics services in Japan and internationally.

Nissui

Market Cap: JP¥419.9b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

UACJ

Market Cap: JP¥407.6b

Manufactures and sells aluminum products in Japan and internationally.

Kakaku.com

Market Cap: JP¥396.6b

Provides purchase support, restaurant review, and other services in Japan.

Sankyo

Market Cap: JP¥396.4b

Manufactures and sells game machines and ball bearing supply systems in Japan.

Dexerials

Market Cap: JP¥378.4b

Manufactures and sells electronic components, bonding materials, optics materials, and other products in Japan.

Adeka

Market Cap: JP¥375.0b

Engages in chemicals, food products, and life science businesses.

Hakuhodo DY Holdings

Market Cap: JP¥374.3b

Provides advertising and marketing services in Japan and internationally.

Miura

Market Cap: JP¥367.3b

Produces and sells boilers in Japan and internationally.

KOSE Holdings

Market Cap: JP¥342.5b

Manufactures and sells cosmetics and cosmetology products primarily in Japan and internationally.

Zeon

Market Cap: JP¥339.4b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

PARK24

Market Cap: JP¥339.1b

Operates and manages parking lots in Japan, the United Kingdom, and internationally.

Daicel

Market Cap: JP¥330.1b

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

Toho Holdings

Market Cap: JP¥316.1b

Engages in the wholesale distribution of pharmaceutical products in Japan.

Goldwin

Market Cap: JP¥312.1b

Researches, develops, manufactures, and sells apparel in Japan.

Takeuchi Mfg

Market Cap: JP¥296.0b

Manufactures and sells construction machinery in Japan and internationally.

Kaneka

Market Cap: JP¥289.6b

Engages in the manufacture and sale of polyvinyl chloride (PVC), crosslinked PVC, PVC-PVAc polymers, paste PVC, acryl grafted-vinyl chloride copolymer, and chlorinated PVC in Japan and internationally.

Stanley Electric

Market Cap: JP¥280.8b

Engages in the manufacture, sale, and import/export of automotive and other light bulbs in Japan and internationally.

Kumagai GumiLtd

Market Cap: JP¥270.9b

Operates as a construction company in Japan and internationally.

Okamura

Market Cap: JP¥242.9b

Engages in office furniture, store displays, and material handling systems businesses in Japan.

Morinaga&Co

Market Cap: JP¥229.8b

Manufactures, purchases, and sells confectionaries, food, frozen desserts, and health products in Japan and internationally.