Japanese Top Dividend Payers

DoshishaLtd

Market Cap: JP¥93.6b

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

Japan Metropolitan Fund Investment

Market Cap: JP¥820.0b

Japan Urban Fund Investment Corporation (hereinafter referred to as the "Investment Corporation") was established on September 14, 2001 under the Act on Investment Trusts and Investment Corporations (Act The Investment Corporation was established on September 14, 2001 under the Investment Trust Law (hereinafter referred to as the "Investment Trust Law") and became the first investment corporation in Japan to specialize in the management of commercial facilities.

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.

Soliton Systems K.K

Market Cap: JP¥26.2b

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

NCD

Market Cap: JP¥21.2b

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

CAC Holdings

Market Cap: JP¥36.1b

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

HIMACS

Market Cap: JP¥14.2b

Provides defined valued processes for various system lifecycles in Japan.

Nippon Prologis REIT

Market Cap: JP¥708.0b

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.

Japan Excellent

Market Cap: JP¥196.1b

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.

Ensuiko Sugar Refining

Market Cap: JP¥11.0b

Manufactures and sells sugar products in Japan.

SAN Holdings

Market Cap: JP¥31.3b

Provides funeral services in Japan.

Torigoe

Market Cap: JP¥22.8b

Manufactures and sells flours and related products in Japan.

Mori Hills REIT Investment

Market Cap: JP¥272.7b

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

Daicel

Market Cap: JP¥363.0b

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

KSKLtd

Market Cap: JP¥26.2b

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

CreoLtd

Market Cap: JP¥9.2b

Develops information processing systems and provides related services in Japan.

Daiwa House REIT Investment

Market Cap: JP¥600.2b

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

Tein

Market Cap: JP¥4.0b

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

CDSLtd

Market Cap: JP¥12.1b

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

Fujita Engineering

Market Cap: JP¥14.5b

Engages in the facilities construction business in Japan and internationally.

Global One Real Estate Investment

Market Cap: JP¥144.5b

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.

Yamada

Market Cap: JP¥12.2b

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

Kyosan Electric Manufacturing

Market Cap: JP¥33.9b

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

AiphoneLtd

Market Cap: JP¥46.2b

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.

InabataLtd

Market Cap: JP¥183.6b

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

Nihon M&A Center Holdings

Market Cap: JP¥240.3b

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

Tanabe Engineering

Market Cap: JP¥25.9b

Engages in plant construction and machinery production activities in Japan.

NippiIncorporated

Market Cap: JP¥34.0b

Manufactures and sells collagen casings, gelatin and collagen peptides, leather, cosmetics and health foods, functional polymers, and life science products in Japan and internationally.

DN HoldingsLtd

Market Cap: JP¥17.1b

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

MEISEI INDUSTRIALLtd

Market Cap: JP¥76.4b

Operates as a construction works company in Japan and internationally.

Japan Pulp and Paper

Market Cap: JP¥84.9b

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.

Zenrin

Market Cap: JP¥57.3b

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

Aichi Electric

Market Cap: JP¥54.6b

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

Tosoh

Market Cap: JP¥747.0b

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

Vt HoldingsLtd

Market Cap: JP¥57.4b

Operates as an automobile dealer in Japan worldwide.

Ahjikan

Market Cap: JP¥9.5b

Manufactures, sells, and wholesales various food products in Japan.