Japanese Top Dividend Payers

Nitto Seimo

Market Cap: JP¥3.9b

Engages in the manufacture and sale of knotless nets for fishery and onshore uses in Japan.

NCS&A

Market Cap: JP¥23.7b

Provides various IT services in Japan.

NTT UD REIT Investment

Market Cap: JP¥198.9b

NTT Urban Development REIT Investment Corporation (hereinafter referred to as the "Investment Corporation") was established on May 2, 2002 in accordance with the Act on Investment Trusts and Investment Corporations (hereinafter referred to as the "Investment Trust Act"), and was listed on the Real Estate Investment Trust Securities Market of the Tokyo Stock Exchange (currently Tokyo Stock Exchange Inc.; hereinafter referred to as the "Tokyo Stock Exchange") on September 10, 2002 (stock code 8956).

Tose

Market Cap: JP¥5.2b

Plans, develops, and operates home video game software, and mobile and internet content in Japan.

San-Ai Obbli

Market Cap: JP¥134.0b

Engages in the wholesale and retail of petroleum products and liquefied petroleum (LP) gas.

NTT

Market Cap: JP¥13.4t

Operates as a telecommunications company in Japan and internationally.

DAIHEN

Market Cap: JP¥193.6b

Manufactures, sells, and repairs transformers, welding machines, industrial robots, and power sources.

S Foods

Market Cap: JP¥87.3b

A meat company, engages in manufacture, wholesaling, retailing, and food servicing of meat-related food products in Japan.

Nihon Kogyo

Market Cap: JP¥4.6b

Engages in the civil engineering materials, landscape, and exterior and gardening businesses in Japan.

Komatsu

Market Cap: JP¥4.7t

Manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

Sinko Industries

Market Cap: JP¥91.3b

Manufactures, sells, and installs air conditioning equipment in Japan and internationally.

Avant Group

Market Cap: JP¥55.3b

Through its subsidiaries, provides accounting, business intelligence, and outsourcing services.

Nichiban

Market Cap: JP¥40.1b

Develops, manufactures, and sells medical products and tapes in Asia and Europe.

Daiichi Jitsugyo

Market Cap: JP¥89.7b

Engages in the import, export, and sale of plant and machinery equipment in Japan.

Electric Power Development

Market Cap: JP¥529.8b

Operates as electric utility company in Japan.

TokyotokeibaLtd

Market Cap: JP¥139.9b

Engages in rental of horse racing facilities in Japan.

Central Automotive Products

Market Cap: JP¥101.6b

Engages in the development, import and export, and sale of automotive parts and related services.

Gakken Holdings

Market Cap: JP¥44.1b

Engages in educational, and healthcare and nursing business in Japan and internationally.

Nippon Signal

Market Cap: JP¥77.3b

Engages in the manufacture and sale of railway and road traffic signals solutions.

Nippon Chemical Industrial

Market Cap: JP¥25.3b

Manufactures and sells various chemical products in Japan.

Nippon RietecLtd

Market Cap: JP¥51.5b

Engages in the railway electrical equipment construction business in Japan.

Sato Shoji

Market Cap: JP¥36.7b

Sells iron and steel products, non-ferrous metals, machines, electronic materials, industrial tools, lifestyle goods, precious metals and jewelry, construction materials, and environment-related goods in Japan.

One REIT

Market Cap: JP¥72.0b

One REIT has Mizuho REIT Management Co., Ltd.

TOKAI Holdings

Market Cap: JP¥139.8b

Engages in energy, information and communications, and related businesses in Japan and internationally.

Fujikura Kasei

Market Cap: JP¥18.1b

Provides various coatings and painting materials in Japan and internationally.

Punch Industry

Market Cap: JP¥12.5b

Manufactures and sells mold and die components in Japan and internationally.

Shin-Etsu PolymerLtd

Market Cap: JP¥152.6b

Develops and supplies PVC and semiconductor silicone products worldwide.

FIDEA Holdings

Market Cap: JP¥29.6b

Through its subsidiaries, provides various banking products and services to corporate and individual customers in Japan.

Mitsui Fudosan

Market Cap: JP¥4.5t

Operates as a real estate company in Japan.

NOK

Market Cap: JP¥436.6b

Manufactures, imports, and sells seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemical products, and electronic and various other products in Japan and internationally.

Godo Steel

Market Cap: JP¥61.9b

Manufactures and sells steel products in Japan.

Nippon Gas

Market Cap: JP¥309.7b

Engages in the supply and sale of LP gas and natural gas in Japan.

Ku HoldingsLtd

Market Cap: JP¥39.2b

Engages in the import and sale of new and used cars in Japan.

JTEC

Market Cap: JP¥1.9b

Engages in technical staff intellectual property leasing business for engineers in Japan and internationally.

Nichias

Market Cap: JP¥378.2b

Manufactures and sells thermal insulation materials primarily in Japan.

Fuji Pharma

Market Cap: JP¥39.4b

Engages in the research and development, manufacture, and marketing of pharmaceutical products in Japan and internationally.