Yahoo Finance ValueCommerce Leads Three Key Japanese Dividend Stocks
As global markets experience varied performance, with some indices hitting new highs and others facing declines, Japan's market has shown resilience amidst fluctuating conditions. This backdrop sets the stage for considering dividend stocks in Japan, where stability and consistent returns become particularly appealing to investors navigating these uncertain times.
Top 10 Dividend Stocks In Japan
Name | Dividend Yield | Dividend Rating |
Yamato Kogyo (TSE:5444) | 3.69% | ★★★★★★ |
Globeride (TSE:7990) | 4.02% | ★★★★★★ |
Business Brain Showa-Ota (TSE:9658) | 3.55% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.38% | ★★★★★★ |
HITO-Communications HoldingsInc (TSE:4433) | 3.48% | ★★★★★★ |
Ryoyu Systems (TSE:4685) | 3.45% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 3.49% | ★★★★★★ |
Mitsubishi Research Institute (TSE:3636) | 3.41% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.17% | ★★★★★★ |
Innotech (TSE:9880) | 4.03% | ★★★★★★ |
Click here to see the full list of 370 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
ValueCommerce
Simply Wall St Dividend Rating: ★★★★★☆
Overview: ValueCommerce Co., Ltd. operates as a provider of marketing solutions both in Japan and internationally, with a market capitalization of ¥36.86 billion.
Operations: ValueCommerce Co., Ltd. offers marketing solutions across both domestic and international markets.
Dividend Yield: 3.7%
ValueCommerce, a Japanese company, recently increased its dividend forecast significantly, from JPY 22.00 to JPY 25.00 for the interim and from JPY 20.00 to JPY 29.00 for the year-end, reflecting a positive adjustment in shareholder returns amidst stable financial performance with expected net sales of JPY 28.30 billion and net income of JPY 2.70 billion for FY2024. Despite this optimistic outlook, investors should note the historically unstable dividend track record and volatility in past dividend payments.
Daikoku Denki
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Daikoku Denki Co., Ltd. specializes in the development, production, and sale of computer and other information systems for pachinko halls in Japan, with a market capitalization of approximately ¥54.25 billion.
Operations: Daikoku Denki Co., Ltd. generates its revenue primarily from the development, production, and sales of computer and information system equipment specifically designed for pachinko halls across Japan.
Dividend Yield: 3.3%
Daikoku Denki has shown a mixed performance in its dividend reliability. Despite the volatility in its dividend payments over the past decade, recent earnings growth of 189.2% and a low payout ratio of 10.7% suggest dividends are well-covered by earnings. Additionally, with a cash payout ratio of 28.1%, cash flows also support ongoing dividends. However, with a current dividend yield of 3.27%, it stands slightly below the top quartile in Japan's market, reflecting potential concerns for yield-focused investors.
Maxell
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Maxell, Ltd. is a diversified manufacturer of energy products, functional materials, optics and systems, and life solution products with operations across Japan, the Americas, Europe, Asia, and internationally; it has a market capitalization of approximately ¥75.41 billion.
Operations: Maxell, Ltd. generates revenue from four primary segments: energy (¥35.49 billion), life solutions (¥22.66 billion), optics and systems (¥41.37 billion), and functional materials (¥30.14 billion).
Dividend Yield: 3%
Maxell, Ltd. has demonstrated a fluctuating commitment to dividends, with recent increases to JPY 30.00 per share for FY 2024 from JPY 20.00 the previous year, yet projecting a decrease to JPY 25.00 for FY 2025. Its dividend sustainability is supported by a low payout ratio of 30.4% and equivalent cash flow coverage, indicating financial health in covering distributions despite its inconsistent dividend history and below-average yield of 3.04% against Japan's top payers at 3.37%.
Unlock comprehensive insights into our analysis of Maxell stock in this dividend report.
The valuation report we've compiled suggests that Maxell's current price could be quite moderate.
Turning Ideas Into Actions
Click this link to deep-dive into the 370 companies within our Top Dividend Stocks screener.
Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.
Ready For A Different Approach?
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.
Companies discussed in this article include TSE:2491TSE:6430 and TSE:6810.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
