NirecoTSE:6863 -0.73%86 Forward Dividend Yield % is 1.46% as of Jul. 09, 2026. GuruFocus rates TSE:6863 with a GF Score™ of 86/100 and a GF Value™ of 円1,855.48 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,360 Hardware companies, Nireco ranks worse than 53.6% on this metric.
As of today (2026-07-09), the Forward Annual Dividend Yield of Nireco is 1.46%.
As of today (2026-07-09), the Trailing Annual Dividend Yield of Nireco is 3.24%.
TSE:6863's Forward Dividend Yield % is ranked worse than 53.6% of 1360
companies
in the Hardware industry
Industry Median: 1.62
vs TSE:6863: 1.46
During the past 12 months, Nireco's average Dividends Per Share Growth Rate was -6.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 23.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 31.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 17.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nireco was 37.20% per year. The lowest was -9.10% per year. And the median was 12.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
TSE:6863 vs COHR, KEYS, GRMN: Forward Dividend Yield % Comparison
For the Scientific & Technical Instruments subindustry, Nireco's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nireco Forward Dividend Yield % vs Hardware Industry
For the Hardware industry and Technology sector, Nireco's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nireco's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nireco Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 54.000000
2026-03-30
2026-03-31
2026-06-10
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 35.000000
2025-09-29
2025-09-30
2025-12-12
Cash Dividend
semi-annually
JPY:JPY 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Nireco's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
108
/
2726.00
=
3.96 %
Current Share Price is 円2726.00. Nireco's Dividends per Share for the forward twelve months is calculated as 円54 * 2 = 円108.
Nireco's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
89
/
2726.00
=
3.26 %
Current Share Price is 円2726.00. Nireco's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円89.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 1.46% mean?
Nireco (TSE:6863) has a Forward Dividend Yield % of 1.46% as of Jul. 09, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nireco and its competitors. According to the industry distribution chart, Nireco ranks #729 out of 1360 companies in the Hardware industry, placing it in the top 53.6%.
Is Nireco's Forward Dividend Yield % too high?
Nireco's current Forward Dividend Yield % is 1.46%. The Hardware industry median Forward Dividend Yield % is 1.62. Nireco's value of 1.46% is 9.9% below this industry median. Based on the distribution chart, Nireco ranks #729 out of 1360 companies in the Hardware industry, which is below the industry midpoint. Overall, Nireco has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nireco's Forward Dividend Yield % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nireco ranks #729 out of 1360 companies for Forward Dividend Yield %. This places Nireco in the lower half of its industry. The industry median Forward Dividend Yield % is 1.62. Nireco's value of 1.46% is 9.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Hardware company?
The median Forward Dividend Yield % among Hardware companies is 1.62, based on 1,360 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nireco's current Forward Dividend Yield % of 1.46% is 9.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nireco and its competitors. For the Hardware industry, the median Forward Dividend Yield % is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nireco's current Forward Dividend Yield % is 1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nireco stock overvalued right now?
Based on GuruFocus' analysis, Nireco (TSE:6863) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,855.48, compared to a current price of 円2,726.00 — trading 46.9% above its estimated fair value. The current Forward Dividend Yield % is 1.46% and 9.9% below the Hardware industry median of 1.62. Nireco's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Nireco (TSE:6863), the current Forward Dividend Yield % is 1.46% as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nireco (TSE:6863) Overvalued in 2026?
Based on GuruFocus' analysis, Nireco stock appears to be overvalued.
The current stock price of 円2,726.00 is trading 46.9% above its estimated GF Value™ of 円1,855.48.
GuruFocus considers Nireco to be Significantly Overvalued.
Key valuation signals for TSE:6863:
Forward Dividend Yield %: 1.46%
GF Value™: 円1,855.48 vs. price of 円2,726.00 (46.9% above fair value)
Industry Position: 9.9% below the Hardware median (#729 of 1360)
No single metric tells the full story. See the TSE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nireco Corp is engaged in the development, manufacture and sale of control, measurement and inspection equipment for a wide range of industries, from steel and chemicals to food and printing. Its reportable segments include: Process business; Web business; Inspection machine business; and Optics business.
86GF Score
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