Japanese Top Dividend Payers

Sanwa Holdings

Market Cap: JP¥1.0t

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

eGuarantee

Market Cap: JP¥68.8b

Engages in credit risk entrustment and securitization business in Japan.

Pacific NetLtd

Market Cap: JP¥6.9b

Engages in the rental, maintenance, and operation of IT equipment.

SHO-BOND HoldingsLtd

Market Cap: JP¥255.2b

Engages in repairing and reinforcing social infrastructures in Japan.

SIGMAXYZ Holdings

Market Cap: JP¥76.2b

Engages in the consulting, investment, and M&A advisory businesses in Japan.

OUG Holdings

Market Cap: JP¥21.5b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Dijet Industrial

Market Cap: JP¥3.3b

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

Yakult HonshaLtd

Market Cap: JP¥724.4b

Manufactures and sells food and beverage products in Japan, the Americas, Asia, Oceania, and Europe.

Toyo Kanetsu K.K

Market Cap: JP¥34.8b

Engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally.

Crops

Market Cap: JP¥14.2b

Engages in the sale and service of mobile phones through stores in Japan and internationally.

Toho Gas

Market Cap: JP¥417.6b

Engages in the gas, LPG and other energy, electric power, and other businesses in Japan and internationally.

SOLXYZ

Market Cap: JP¥9.2b

Provides system integration, consulting, and outsourcing services in Japan.

Shofu

Market Cap: JP¥69.7b

Manufactures and sells dental materials and equipment worldwide.

Kanemitsu

Market Cap: JP¥5.1b

Engages in the development, manufacture, and sale of pulleys for automobiles, and agricultural machinery and three-dimensional steel plates in Japan.

Nippon Carbide Industries

Market Cap: JP¥20.7b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Nittoc Construction

Market Cap: JP¥54.6b

Engages in specialized construction works in Japan.

Chudenko

Market Cap: JP¥216.9b

Operates as an equipment engineering company in Japan.

Mino Ceramic

Market Cap: JP¥12.9b

Designs, produces, and sells refractories and advanced ceramics in Japan.

Trenders

Market Cap: JP¥7.1b

Engages in the marketing and investment business in Japan.

DoshishaLtd

Market Cap: JP¥100.4b

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

Densan System Holdings

Market Cap: JP¥35.3b

Engages in the information service and collection agency service businesses in Japan.

Zett

Market Cap: JP¥8.8b

Engages in the manufacture and wholesale of sports equipment in Japan.

Insight

Market Cap: JP¥593.9m

Provides sales promotions and marketing plans for real estate industry in Japan.

Tosei Reit Investment

Market Cap: JP¥55.1b

Targeting relatively small- and medium-sized office buildings, retail facilities, residential properties and logistics facilities as major marketable real estate and thus its investment properties from among the vast existing building stock(Note) in Japan’s real estate market, and leveraging the three major strengths representing the core competencies of Tosei Corporation (“Tosei”), the Asset Manager’s parent company, Tosei Reit Investment Corporation (“Tosei Reit”) assesses the potential of assets as rental properties with an emphasis on yield levels and stability, and invests in and manages them with an eye to the possibility for adding value as it aims to increase unitholder value.

New Cosmos ElectricLtd

Market Cap: JP¥37.8b

Researches, develops, manufactures, and sells various products based on gas sensor technology in Japan.

ChugokukogyoLtd

Market Cap: JP¥1.8b

Manufactures and sells high voltage, steel structure, and facility equipment.

Open House Group

Market Cap: JP¥880.6b

Operates in the real estate and other businesses.

Sekisui House

Market Cap: JP¥2.2t

Designs, constructs, and contracts built-to-order detached houses in Japan and internationally.

Yondoshi Holdings

Market Cap: JP¥37.3b

Engages in the planning, manufacture, wholesale, and retail of jewelry, apparel, bags, and other products in Japan and internationally.

Yamax

Market Cap: JP¥20.4b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

S.T

Market Cap: JP¥32.9b

Manufactures and sells deodorizers and air fresheners, mothproofing agents, gloves, dehumidifiers, and other products in Japan and internationally.

Nihon Shokuhin Kako

Market Cap: JP¥18.0b

Engages in the manufacture and sale of processed corn products and related secondary processed products in Japan.

HIRAYAMA HOLDINGSLtd

Market Cap: JP¥8.7b

Provides in-sourcing and temporary staffing services.

Nissin

Market Cap: JP¥118.5b

Provides logistics services in Japan, Europe, the Americas, China, Russia, rest of Asia, and internationally.

AEON REIT Investment

Market Cap: JP¥279.0b

AEON REIT Investment Corporation (hereinafter, “AEON REIT”) invests primarily in retail and related properties which, as an integral part of the communities in which they are located, form the backbone of communities and their retail business infrastructure.

Aica Kogyo Company

Market Cap: JP¥235.9b

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