Japanese Top Dividend Payers

Starts Proceed Investment

Market Cap: JP¥54.0b

Starts Proceed Investment Corporation (“SPI”) was established on May 2, 2005, with 150 million yen in capital (750 units) based on the Act on Investment Trusts and Investment Corporations (Act No.

Okada Aiyon

Market Cap: JP¥16.4b

Engages in the manufacture, sale, and repair of construction machines primarily in Japan.

Asanuma

Market Cap: JP¥71.3b

Operates as a general contractor in Japan and internationally.

Komaihaltec

Market Cap: JP¥7.7b

Designs and constructs steel bridges, steel framework, and wind energy generating systems.

Sun-Life HoldingLtd

Market Cap: JP¥5.9b

Provides wedding ceremony, funeral, and nursing care services in Japan.

Okamoto Industries

Market Cap: JP¥88.5b

Manufactures and sells industrial and household products in Japan and internationally.

Sato

Market Cap: JP¥74.6b

Engages in the manufacture and sale of labeling products in Japan and internationally.

CE HoldingsLtd

Market Cap: JP¥13.6b

Through its subsidiaries, develops and sells electronic medical record systems and medical information systems in Japan.

Morito

Market Cap: JP¥40.4b

Engages in the manufacture and sale of apparel-related materials and household goods and products in Japan, Asia, Europe, and the United States.

Superbag Company

Market Cap: JP¥4.0b

Manufactures and markets paper and plastic shopping bags in Japan and internationally.

Daito Bank

Market Cap: JP¥10.1b

Provides various banking products and services to individual and corporate customers in Japan.

Will Group

Market Cap: JP¥22.0b

Provides human resource services in Japan and internationally.

Token

Market Cap: JP¥197.6b

Operates as a construction company in Japan.

Chubu Shiryo

Market Cap: JP¥50.7b

Manufactures and sells compound feed for livestock and fisheries in Japan.

Sac's Bar Holdings

Market Cap: JP¥23.6b

Engages in the retail sale of bags, fashion goods, and related accessories in Japan.

Billing System

Market Cap: JP¥7.0b

Provides settlement services in Japan.

UNIRITA

Market Cap: JP¥14.6b

Unirita Inc. provides software and solutions for information technology (IT) systems operation in Japan and internationally.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.0t

Operates as a trust bank in Japan and internationally.

Marubun

Market Cap: JP¥32.7b

Distributes electronics products in Japan and internationally.

NIPPON REIT Investment

Market Cap: JP¥175.1b

NIPPON REIT was established on September 8, 2010, by Polaris Investment Advisors K.K.

Nichirin

Market Cap: JP¥49.0b

Manufactures and sells automotive and housing hoses, and related parts in Japan and internationally.

AIT

Market Cap: JP¥49.4b

Operates as a comprehensive logistics company primarily in China and Southeast Asia.

Sompo Holdings

Market Cap: JP¥4.3t

Provides property and casualty insurance services in Japan and internationally.

Daytona

Market Cap: JP¥9.3b

Engages in the market research, planning, development, testing, procurement, and logistics management of motorcycle parts and accessories.

Saint-Care Holding

Market Cap: JP¥20.2b

Provides healthcare services in Japan.

Kawasaki Kisen Kaisha

Market Cap: JP¥1.5t

Engages in the provision of marine, land, and air transportation services in Japan, the United States, Europe, Asia, and internationally.

Seiwa Electric Mfg

Market Cap: JP¥8.8b

Provides information display systems, industrial lighting equipment, road and tunnel lighting equipment, EMC products, LED module products for lighting, and wire protection devices in Japan.

Nippon Shinyaku

Market Cap: JP¥222.1b

Manufactures and sells pharmaceuticals and foodstuffs in Japan and internationally.

Japan Logistics Fund

Market Cap: JP¥263.8b

JLF is the first logistics properties focused J-REIT, with target areas of Tokyo Metropolitan area, Osaka, Nagoya and Fukuoka Area.

ToellLtd

Market Cap: JP¥15.2b

Engages in the production, wholesale, and retail of liquefied petroleum gas (LPG) in Japan and internationally.

Chugoku Marine Paints

Market Cap: JP¥177.7b

Produces and sells functional coatings worldwide.

AMG HoldingsLtd

Market Cap: JP¥6.3b

Engages in the construction and real estate businesses primarily in Japan.

Sekisui Jushi

Market Cap: JP¥67.1b

Provides various products and services through the application of composite technology in Japan.

Astellas Pharma

Market Cap: JP¥3.0t

Manufactures, markets, and imports and exports pharmaceuticals in Japan and internationally.

Yuasa Trading

Market Cap: JP¥106.9b

Engages in lifestyle and industry support business in Japan.

Nagase Brothers

Market Cap: JP¥51.2b

Provides education services in Japan.