In This Article:
Amid a backdrop of heightened global market volatility and specific challenges in the technology sector, Japan's stock markets have shown resilience, albeit with some sectors facing pressure due to U.S. restrictions on semiconductor exports. In this environment, dividend stocks can offer investors potential stability and income generation opportunities.
Top 10 Dividend Stocks In Japan
| Name | Dividend Yield | Dividend Rating |
| Yamato Kogyo (TSE:5444) | 3.87% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 3.88% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 3.64% | ★★★★★★ |
| Mitsubishi Shokuhin (TSE:7451) | 3.56% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.61% | ★★★★★★ |
| KurimotoLtd (TSE:5602) | 4.38% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.19% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.68% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.59% | ★★★★★★ |
| Innotech (TSE:9880) | 4.35% | ★★★★★★ |
Click here to see the full list of 421 stocks from our Top Japanese Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Nippon Care Supply
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nippon Care Supply Co., Ltd. operates primarily in the rental and wholesale of welfare equipment within Japan, with a market capitalization of approximately ¥32.17 billion.
Operations: Nippon Care Supply Co., Ltd. primarily generates its revenue from the rental and wholesale of welfare equipment in Japan.
Dividend Yield: 3.5%
Nippon Care Supply has maintained stable and reliable dividend payments over the past decade, with growth in distributions during this period. However, its current yield of 3.49% is slightly below the top quartile of Japanese dividend stocks. The dividends are not well supported by free cash flows or earnings, indicating potential sustainability issues. Notably, the company's payout ratio stands at 72.8%, suggesting some coverage by earnings despite financial constraints.
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Take a closer look at Nippon Care Supply's potential here in our dividend report.
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Our valuation report here indicates Nippon Care Supply may be overvalued.
Tenryu Saw Mfg
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tenryu Saw Mfg. Co., Ltd. is a company based in Japan that specializes in the manufacturing and international sale of saw blades, with a market capitalization of ¥18.07 billion.
Operations: Tenryu Saw Mfg. Co., Ltd. generates its revenue primarily from the production and global distribution of saw blades.
Dividend Yield: 3.5%
Tenryu Saw Mfg. has seen a decade of dividend growth, yet its current yield of 3.55% barely surpasses the top quartile in Japan's market. Despite a reasonable earnings payout ratio of 50%, the dividends suffer from poor coverage by free cash flows, with a high cash payout ratio at 118%. This financial strain hints at potential sustainability challenges for future payouts, exacerbated by historically volatile dividend payments over the past ten years.