Japanese Top Dividend Payers

Suntory Beverage & Food

Market Cap: JP¥1.4t

Engages in manufacture and sale of alcoholic and non-alcoholic beverages, and foods in Japan, Asia-Pacific, Europe, and the Americas.

InabataLtd

Market Cap: JP¥176.0b

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

Tanabe Engineering

Market Cap: JP¥24.6b

Engages in plant construction and machinery production activities in Japan.

Aica Kogyo Company

Market Cap: JP¥225.9b

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

Nissin

Market Cap: JP¥118.9b

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

Tosei Reit Investment

Market Cap: JP¥51.3b

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.

Takeuchi Mfg

Market Cap: JP¥219.0b

Manufactures and sells construction machinery in Japan and internationally.

Asahi Yukizai

Market Cap: JP¥76.4b

Engages in the piping and foundry materials, resins, and water treatment and natural resources exploitation businesses in Japan.

Nichimo

Market Cap: JP¥18.3b

Primarily manufactures and sells fish products in Japan and internationally.

SHOBIDO

Market Cap: JP¥9.2b

Engages in the planning, manufacturing, and selling cosmetic products in Japan and internationally.

Nihon Plast

Market Cap: JP¥6.6b

Engages in the manufacture, processing, repair, and sale of automotive parts in Japan and internationally.

Tomen Devices

Market Cap: JP¥40.5b

Operates as an electronics trading company in Japan.

Japan Oil Transportation

Market Cap: JP¥10.1b

Primarily engages in the transportation of fuel oils, liquefied natural gas (LNG) and other high-pressure gases, petrochemical products, and other related products in Japan and internationally.

Kuriyama Holdings

Market Cap: JP¥29.3b

Manufactures and sells of various hoses, rubber, and plastics products in Japan, the United States, Canada, Europe, and internationally.

Murata Manufacturing

Market Cap: JP¥4.0t

Designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.

Makiya

Market Cap: JP¥10.6b

Engages in the wholesale and retail business of household goods in Japan.

DN HoldingsLtd

Market Cap: JP¥17.4b

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

Musashino Bank

Market Cap: JP¥113.8b

Provides banking products and financial services in Japan.

MS&AD Insurance Group Holdings

Market Cap: JP¥4.7t

An insurance holding company, provides insurance and financial services worldwide.

Marubeni Construction Material LeaseLtd

Market Cap: JP¥9.6b

Marubeni Construction Material Lease Co.,Ltd.

Kitagawa

Market Cap: JP¥13.1b

Manufactures and supplies synthetic metals, machine tool accessories, and industrial machinery in Japan and internationally.

F.C.C

Market Cap: JP¥139.4b

Manufactures and sells clutches and material parts for automobiles, motorcycles, and general-purpose machinery in Japan and internationally.

Tokyo Energy & Systems

Market Cap: JP¥45.3b

Engages in the planning, study, design, construction, and supervision of electric and mechanical facilities in Japan.

Okamura

Market Cap: JP¥215.4b

Manufactures, sells, distributes, and installs office furniture, store displays, material handling systems, and industrial machinery in Japan.

Nissei ASB Machine

Market Cap: JP¥93.1b

Engages in the planning, development, manufacturing, and sale of machines that produce PET and other plastic bottles worldwide.

Sakurajima Futo Kaisha

Market Cap: JP¥2.4b

Engages in the port transportation business in Japan.

Nicca ChemicalLtd

Market Cap: JP¥20.0b

Manufactures and sells surfactants for textile chemicals, metals, pulp and paper, paints, dyes, synthetic resins, and dry and professional cleaning agents in Japan and internationally.

Linical

Market Cap: JP¥7.4b

Provides drug development services primarily in the areas of oncology and central nervous system to pharmaceutical companies worldwide.

Obara Group

Market Cap: JP¥58.9b

Engages in the manufacture and sale of resistance welder, arc welder, laser equipment, polisher, cleaner/washer, and the consumables in Japan and internationally.

Seibu Electric & Machinery

Market Cap: JP¥28.3b

Manufactures and sells mechatronics in Japan.

Yamau Holdings

Market Cap: JP¥12.8b

Manufactures and sells concrete products in Japan.

OVAL

Market Cap: JP¥10.1b

Manufactures and sells various flowmeters, metrological control equipment and related systems, measuring devices, and environmental control related instruments in Japan and internationally.

Yamax

Market Cap: JP¥17.9b

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

Sakata INX

Market Cap: JP¥99.3b

Manufactures and sells various printing inks and auxiliary agents in Japan and internationally.

TPR

Market Cap: JP¥67.4b

Engages in the development and sale of engine components worldwide.

G-Tekt

Market Cap: JP¥75.2b

Manufactures and sells auto body components and transmission parts in Japan and internationally.