J Trust And 2 More Dividend Stocks On Japanese Exchange

Japan's stock markets recently experienced declines, with the Nikkei 225 Index down 1.58% and the broader TOPIX Index losing 0.64%, amid easing domestic inflation and speculation about future interest rate actions by the Bank of Japan. As investors navigate these fluctuating conditions, dividend stocks like J Trust can offer a measure of stability and income potential, making them an attractive option for those seeking to balance risk in a volatile market environment.

Top 10 Dividend Stocks In Japan

Name	Dividend Yield	Dividend Rating
Yamato Kogyo (TSE:5444)	4.18%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.14%	★★★★★★
Globeride (TSE:7990)	4.23%	★★★★★★
Intelligent Wave (TSE:4847)	3.99%	★★★★★★
KurimotoLtd (TSE:5602)	5.27%	★★★★★★
CAC Holdings (TSE:4725)	4.59%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	4.26%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.35%	★★★★★★
E J Holdings (TSE:2153)	3.81%	★★★★★★
GakkyushaLtd (TSE:9769)	4.53%	★★★★★★

Click here to see the full list of 445 stocks from our Top Japanese Dividend Stocks screener.

We'll examine a selection from our screener results.

J Trust (TSE:8508)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: J Trust Co., Ltd. offers a range of financial services in Japan and has a market capitalization of approximately ¥59.32 billion.

Operations: J Trust Co., Ltd.'s revenue is primarily derived from its South Korea and Mongolia Financial Business at ¥48.13 billion, followed by the Southeast Asia Financial Business at ¥44.03 billion, Japan Financial Business at ¥15.33 billion, Real Estate Business at ¥18.38 billion, and Investment Business at ¥0.06 billion.

Dividend Yield: 3.2%

J Trust's dividend yield of 3.18% is below the top quartile in Japan, but its dividends are well-covered by earnings and cash flow, with payout ratios of 53.4% and 9.8%, respectively. Despite a volatile share price and an unstable dividend track record over the past decade, dividends have increased during this period. The company recently completed a share buyback program worth ¥1.78 billion, potentially enhancing shareholder value amidst trading at significant undervaluation estimates.

• Delve into the full analysis dividend report here for a deeper understanding of J Trust.
• Our valuation report unveils the possibility J Trust's shares may be trading at a premium.

Nippon Yusen Kabushiki Kaisha (TSE:9101)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Nippon Yusen Kabushiki Kaisha provides a range of logistics services globally and has a market capitalization of ¥2.31 trillion.

Operations: Nippon Yusen Kabushiki Kaisha's revenue segments include Logistics at ¥726.57 million, Liner Trade at ¥180.48 million, and Air Cargo Transportation at ¥170.78 million.

Dividend Yield: 5.1%

Nippon Yusen Kabushiki Kaisha's dividend yield of 5.06% ranks in the top 25% of Japanese dividend payers, yet its high cash payout ratio suggests dividends are not well covered by free cash flows. Despite a history of volatility, recent increases in dividend payouts indicate growth. The company completed a share buyback worth ¥49.99 billion and is involved in a green ammonia project, potentially enhancing future revenue streams despite forecasted earnings declines.

• Take a closer look at Nippon Yusen Kabushiki Kaisha's potential here in our dividend report.
• In light of our recent valuation report, it seems possible that Nippon Yusen Kabushiki Kaisha is trading beyond its estimated value.

Kimura Unity (TSE:9368)

Simply Wall St Dividend Rating: ★★★★★★

Overview: Kimura Unity Co., Ltd. operates in Japan offering logistics, car, information, and staffing services with a market cap of ¥32.77 billion.

Operations: Kimura Unity Co., Ltd.'s revenue is derived from its Logistics Service Business at ¥43.00 billion, Information Service Business at ¥2.23 billion, and Human Resource Service Business at ¥1.77 billion.

Dividend Yield: 4%

Kimura Unity offers a compelling dividend profile with a yield of 3.96%, placing it in the top 25% of Japanese dividend payers. The company's dividends are well-covered by both earnings and cash flows, with payout ratios at 36.9% and 26.1%, respectively, ensuring sustainability. Over the past decade, Kimura Unity has consistently increased its dividend payments without volatility, reflecting stability and reliability for investors seeking steady income streams from their investments in Japan's market.

• Navigate through the intricacies of Kimura Unity with our comprehensive dividend report here.
• The valuation report we've compiled suggests that Kimura Unity's current price could be quite moderate.

Seize The Opportunity

• Click this link to deep-dive into the 445 companies within our Top Japanese Dividend Stocks screener.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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