Japanese Top Dividend Payers

Mori Hills REIT Investment

Market Cap: JP¥283.1b

Mori Hills REIT Investment Corporation (“the Company”) was incorporated by Mori Building Investment Management Co., Ltd.

GakkyushaLtd

Market Cap: JP¥25.0b

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

HIMACS

Market Cap: JP¥14.1b

Provides defined valued processes for various system lifecycles in Japan.

SAN Holdings

Market Cap: JP¥29.5b

Provides funeral services in Japan.

Nippon Prologis REIT

Market Cap: JP¥771.8b

NPR was established on Nov. 7, 2012 based on the Act on Investment Trust and Investment Corporation (investment trust law) and was listed on the REIT Securities Market (J-REIT Market) of the Tokyo Stock Exchange (“TSE”) on Feb.

Tsubakimoto Chain

Market Cap: JP¥210.0b

Manufactures and sells chains, motion control, mobility, materials handling systems components in Japan.

NCD

Market Cap: JP¥21.7b

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

CAC Holdings

Market Cap: JP¥37.2b

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

HITO-Communications HoldingsInc

Market Cap: JP¥17.8b

Engages in the outsourcing, temporary staffing, e-commerce (EC)/TC support, and wholesale businesses in Japan and internationally.

Torigoe

Market Cap: JP¥26.0b

Manufactures and sells flours and related products in Japan.

Japan Metropolitan Fund Investment

Market Cap: JP¥872.5b

Japan Metropolitan Fund Investment Corporation (“JMF”) was established under the Law Concerning Investment Trusts and Investment Corporations of Japan (Law No.

DN HoldingsLtd

Market Cap: JP¥17.1b

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

Kyosan Electric Manufacturing

Market Cap: JP¥34.5b

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

Daiwa House REIT Investment

Market Cap: JP¥633.5b

DHR is a real estate investment trust (J-REIT) whose sponsor is Daiwa House Industry Co., Ltd.

Nihon M&A Center Holdings

Market Cap: JP¥242.3b

Provides mergers and acquisition (M&A) brokerage services in Japan and internationally.

Kyoei Tanker

Market Cap: JP¥8.1b

Engages in the shipping industry in Japan.

Yamada

Market Cap: JP¥13.5b

Engages in the manufacture and sale of industrial and automotive equipment in Japan and internationally.

CreoLtd

Market Cap: JP¥9.1b

Engages in the development of information processing systems and provision of related services in Japan.

NippiIncorporated

Market Cap: JP¥37.3b

Manufactures and sells collagen and gelatin products in Japan, Thailand, rest of Asia, North America, and internationally.

MEISEI INDUSTRIALLtd

Market Cap: JP¥75.9b

Operates as a construction works company in Japan and internationally.

Tein

Market Cap: JP¥3.8b

Designs, develops, manufactures, and sells auto parts and suspension products in Japan and internationally.

Tanabe Engineering

Market Cap: JP¥25.5b

Engages in plant construction and machinery production activities in Japan.

F.C.C

Market Cap: JP¥159.6b

Manufactures and sells clutches for automobiles, motorcycles, and general-purpose machinery in Japan and internationally.

Zenrin

Market Cap: JP¥55.1b

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

Global One Real Estate Investment

Market Cap: JP¥141.1b

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.

Aica Kogyo Company

Market Cap: JP¥216.9b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

AiphoneLtd

Market Cap: JP¥45.9b

Manufactures and sells telecommunications equipment for facilities, offices, and public facilities under the AIPHONE brand name in Japan and internationally.

Japan Pulp and Paper

Market Cap: JP¥88.8b

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.

CDSLtd

Market Cap: JP¥12.3b

Engages in the documentation, engineering, and technology system businesses in Japan.

Forval TelecomInc

Market Cap: JP¥10.0b

Provides various telecommunications carrier services in Japan.

Nagase Brothers

Market Cap: JP¥60.1b

Provides education services in Japan.

TOA

Market Cap: JP¥52.2b

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

Toyo TecLtd

Market Cap: JP¥15.9b

Provides security services in Japan.

Astellas Pharma

Market Cap: JP¥3.3t

Manufactures, markets, and imports and exports pharmaceuticals in Japan and internationally.

Tosoh

Market Cap: JP¥718.2b

Manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals.

Soda Nikka

Market Cap: JP¥23.3b

Engages in the trading of chemicals in Japan and internationally.