Japanese Top Dividend Payers

Gunze

Market Cap: JP¥125.7b

Engages in the apparel, lifestyle creations, functional solutions, and medical materials businesses in japan and internationally.

Daido Steel

Market Cap: JP¥260.4b

Manufactures and sells steel products in Japan and internationally.

Tokyo Century

Market Cap: JP¥944.1b

Provides equipment leasing, automobility, specialty financing, environmental infrastructure, and international businesses in Japan and internationally.

Gunma Bank

Market Cap: JP¥614.8b

Provides various banking and financial products and services in Japan.

CMC

Market Cap: JP¥22.8b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

PCI Holdings

Market Cap: JP¥12.4b

Engages in the information service business.

Cresco

Market Cap: JP¥69.2b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Intelligent Wave

Market Cap: JP¥28.3b

Provides system development services and system products in Japan and internationally.

Japan Petroleum Exploration

Market Cap: JP¥314.3b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

Tokai Tokyo Financial Holdings

Market Cap: JP¥148.4b

Operates as a securities company in Japan.

Topre

Market Cap: JP¥110.8b

Engages in the press-related products and temperature-controlled logistics-related businesses in Japan.

Otec

Market Cap: JP¥27.4b

Trades pipework equipment in Japan.

Dijet Industrial

Market Cap: JP¥3.3b

Engages in the manufacture and sale of cemented carbide tools worldwide.

Bunkeido

Market Cap: JP¥7.3b

Engages in the publication and sale of books, teaching materials, and teaching material and tools for junior high schools in Japan.

Miura

Market Cap: JP¥340.3b

Produces and sells boilers in Japan and internationally.

Sumitomo Riko

Market Cap: JP¥234.9b

Engages in the manufacture and sale of automotive parts.

Denyo

Market Cap: JP¥58.5b

Engages in the developing, manufacturing, and selling of engine-driven generators, welders, and air compressors in Japan, the United States, rest of Asia, and Europe.

Escrow Agent Japan

Market Cap: JP¥5.8b

Engages in transaction support in the fields of transaction procedures and settlements related to finance, real estate, and construction in Japan.

TS TECH

Market Cap: JP¥227.7b

Engages in development, manufacture, and sale of seats for automobiles.

Dear LifeLtd

Market Cap: JP¥58.2b

Engages in the real estate business in Japan.

Sanso ElectricLtd

Market Cap: JP¥4.3b

Engages in the manufacturing and selling of motors, pumps, and system solution products in Japan.

KyoritsuLtd

Market Cap: JP¥8.9b

Engages in printing business in Japan.

ENEOS Holdings

Market Cap: JP¥2.4t

Through its subsidiaries, operates in the energy, oil and natural gas exploration and production, and metals businesses in Japan, China, Asia, and internationally.

Nitto Kogyo

Market Cap: JP¥137.3b

Manufactures and sells electric and mechanical equipment worldwide.

O-Well

Market Cap: JP¥9.5b

Supplies industrial materials and services in Japan and internationally.

GMO Media

Market Cap: JP¥9.0b

Together with its subsidiary, GMO Beauty, Inc., engages in the media, solutions, and content businesses in Japan, Singapore, and internationally.

Sekisui Chemical

Market Cap: JP¥1.2t

Engages in the housing, urban infrastructure and environmental products, high performance plastics, and medical businesses in Japan, Europe, Asia, and the Americas.

YagiLtd

Market Cap: JP¥27.6b

Operates as a fiber trading company in Japan.

Nihon Parkerizing

Market Cap: JP¥154.6b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

Di-Nikko Engineering

Market Cap: JP¥3.6b

Engages in the contract design and production business from circuit design to electronic component mounting and finished product assembly in Japan.

Innotech

Market Cap: JP¥21.2b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

Japan Excellent

Market Cap: JP¥194.5b

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.

SWCC

Market Cap: JP¥245.5b

Operates in the energy systems, communication systems, and device businesses in Japan and internationally.

Suzumo Machinery

Market Cap: JP¥20.2b

Manufactures and sells food machines for small kitchens and factories worldwide.

Subaru Enterprise

Market Cap: JP¥44.4b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

Onoken

Market Cap: JP¥35.9b

Engages in the sale, processing, and import and export of steel, ironware, and construction materials in Japan.