Japanese Top Dividend Payers

Mitsui Matsushima Holdings

Market Cap: JP¥70.2b

Through its subsidiaries, engages in the consumer goods, industrial products, and energy business in Japan and internationally.

Toda

Market Cap: JP¥315.2b

Primarily engages in the building construction and civil engineering businesses in Japan and internationally.

SANKEI REAL ESTATE

Market Cap: JP¥44.7b

SANKEI REAL ESTATE was incorporated under the Act on Investment Trusts and Investment Corporations (Act No.

Mitsuboshi Belting

Market Cap: JP¥105.7b

Manufactures and sells belts, construction materials, etc.

Sumida

Market Cap: JP¥34.8b

Designs, manufactures, and sells electronic components and modules for consumer electronics, automotive, and industrial application in Japan, rest of Asia, Europe, and North and South America.

Kyokuyo

Market Cap: JP¥55.5b

Engages in the marine products, fresh foods, processed food, and logistics businesses in Japan and internationally.

Fukuyama Transporting

Market Cap: JP¥129.1b

Operates as a logistics company in Japan, China, Vietnam, Hong Kong, Cambodia, Malaysia, and Thailand.

Sakura Rubber

Market Cap: JP¥4.6b

Manufactures and sells specialty rubber products.

SAXA

Market Cap: JP¥29.6b

Through its subsidiaries, develops, manufactures, and sells equipment and components for information and communication systems in Japan.

Glory

Market Cap: JP¥211.8b

Develops, manufactures and sells cash handling machines and systems in Japan, the United States, Europe, and Asia.

Nomura Real Estate Master Fund

Market Cap: JP¥748.1b

Nomura Real Estate Master Fund, Inc. (NMF) is a wholly owned subsidiary of the former Nomura Real Estate Master Fund Corporation (hereinafter referred to as the "Former NMF") and Nomura Real Estate Office Fund Investment Corporation (hereinafter referred to as "NOF") and Nomura Real Estate Residential Investment Corporation (hereinafter referred to as "NRF") will be the dissolved corporations in the consolidation-type merger.

Onward Holdings

Market Cap: JP¥87.2b

Engages in the planning, production, and sale of men’s, women’s, and children’s apparel in Japan and worldwide.

KanamotoLtd

Market Cap: JP¥122.2b

Engages in the construction equipment rental business in Japan and internationally.

Oie Sangyo

Market Cap: JP¥18.2b

Operates as a food trading company in Japan.

Daiwabo Holdings

Market Cap: JP¥280.3b

Operates as an IT infrastructure distributor in Japan.

Yamashin-Filter

Market Cap: JP¥45.3b

Operates as a filter manufacturer.

Cocolonet

Market Cap: JP¥3.7b

Cocolonet Co., Ltd. provides funeral services in Japan.

ULVAC

Market Cap: JP¥297.0b

Engages in vacuum equipment and applications business in Japan and internationally.

MORI TRUST REIT

Market Cap: JP¥266.3b

MORI TRUST Reit, Inc. (“MTR”), a Japanese real estate investment corporation, was incorporated on October 2, 2001 under the Law Concerning Investment Trusts and Investment Corporations of Japan, or the Investment Trust Law.

Japan Securities Finance

Market Cap: JP¥151.1b

Provides loans for margin transactions, securities financing, and securities investment in Japan.

IDEA ConsultantsInc

Market Cap: JP¥23.1b

Provides integrated consultancy services on social infrastructure development and environmental conservation projects in Japan and internationally.

JACCS

Market Cap: JP¥149.3b

Operates as a consumer finance company in Japan and internationally.

Tokyu Construction

Market Cap: JP¥119.2b

Engages in the civil engineering and building construction businesses in Japan.

Toyo Wharf & Warehouse

Market Cap: JP¥11.4b

Provides logistics services in Japan.

Marui Group

Market Cap: JP¥570.2b

An investment holding company, engages in the retailing and FinTech businesses in Japan.

Starts

Market Cap: JP¥240.1b

Engages in the construction, real estate management, and tenant recruitment in Japan and internationally.

Idemitsu KosanLtd

Market Cap: JP¥1.2t

Engages in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan and internationally.

i-mobileLtd

Market Cap: JP¥36.0b

Engages in the Internet advertising business in Japan.

ExtremeLtd

Market Cap: JP¥7.1b

Engages in the digital human resource, contract development, and content property businesses in Japan.

Arigatou Services Company

Market Cap: JP¥3.2b

Manages reuse stores and fast food restaurants.

ALCONIX

Market Cap: JP¥64.8b

Imports, exports, and sells non-ferrous metal products in Japan and internationally.

TYK

Market Cap: JP¥23.7b

Engages in the manufacture and sale of functional refractories and ceramics worldwide.

Takuma

Market Cap: JP¥169.2b

Engages in the design, construction, and superintendence of various boilers, plant machineries, pollution prevention and environmental equipment plants, heating and cooling equipment, and feed water/drainage sanitation equipment and facilities in Japan.

Chubu Steel Plate

Market Cap: JP¥60.2b

Manufactures and sells steel plates in Japan.

Nisshin Seifun Group

Market Cap: JP¥518.6b

Through its subsidiaries, engages in the flour milling, processed foods, health foods, biotechnology, engineering, prepared dishes, and mesh cloth businesses in Japan and internationally.

Alfresa Holdings

Market Cap: JP¥404.0b

Through its subsidiaries, engages in the manufacture, wholesale, marketing, and import/export of pharmaceuticals, diagnostic reagents, and medical devices/equipment in Japan and internationally.