Japanese Dividend Powerhouses (3%+ Yield)

Japan Excellent

Market Cap: JP¥181.5b

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¥560.1b

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

E J Holdings

Market Cap: JP¥26.2b

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

DoshishaLtd

Market Cap: JP¥85.1b

DOSHISHA, legally known as DOSHISHA CORPORATION., headquartered in Tokyo, Japan, is a company in the distribution industry.

Daicel

Market Cap: JP¥329.2b

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

NCD

Market Cap: JP¥23.3b

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

Daito Trust ConstructionLtd

Market Cap: JP¥1.0t

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

CAC Holdings

Market Cap: JP¥34.1b

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

GakkyushaLtd

Market Cap: JP¥24.7b

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

Kyosan Electric Manufacturing

Market Cap: JP¥30.7b

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

Zenrin

Market Cap: JP¥54.8b

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

KSKLtd

Market Cap: JP¥23.5b

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

AiphoneLtd

Market Cap: JP¥44.9b

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

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥25.6b

Designs, manufactures, and sells water supply equipment in Japan.

EM Systems

Market Cap: JP¥49.8b

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

Global One Real Estate Investment

Market Cap: JP¥139.7b

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.

JICHODOLtd

Market Cap: JP¥27.3b

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

Japan Pulp and Paper

Market Cap: JP¥77.1b

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.

MEISEI INDUSTRIALLtd

Market Cap: JP¥71.8b

Operates as a construction works company in Japan and internationally.

Kyodo Printing

Market Cap: JP¥36.9b

Engages in the printing business in Japan.

Aichi Electric

Market Cap: JP¥46.6b

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

Kodensha

Market Cap: JP¥20.3b

Engages in the construction business in Japan.

Vt HoldingsLtd

Market Cap: JP¥55.2b

Operates as an automobile dealer in Japan worldwide.

Toyo TecLtd

Market Cap: JP¥15.3b

Provides security services in Japan.

ITFOR

Market Cap: JP¥40.1b

Provides IT solutions for various industries in Japan.

TOA

Market Cap: JP¥30.1b

Manufactures and sells broadcasting, communications, and transmission equipment in Japan.

Ono Pharmaceutical

Market Cap: JP¥751.4b

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

DaikyoNishikawa

Market Cap: JP¥48.0b

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

GSI Creos

Market Cap: JP¥25.2b

Offers textiles and industrial products worldwide.

FTGroup

Market Cap: JP¥36.0b

Offers network infrastructure services in Japan.

SuzukiLtd

Market Cap: JP¥25.4b

Manufactures and sells connectors for car electronics parts in Japan.

Inpex

Market Cap: JP¥2.4t

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

Yamabiko

Market Cap: JP¥87.0b

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

SIIX

Market Cap: JP¥55.6b

Primarily sells and distributes electronic components in Japan and internationally.

Kamigumi

Market Cap: JP¥421.5b

Provides an integrated logistics services in Japan and internationally.

Kimura Unity

Market Cap: JP¥33.0b

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