Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Morinaga's dividends per share for the
three
months ended in Mar. 2026 was 円32.50. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2026 was 円65.00. Its Dividend Payout Ratio for the
three
months ended in Mar. 2026 was 1.66. As of today, Morinaga's Dividend Yield % is 2.45%.
Warning Sign:
Morinaga & Co Ltd stock Dividend Yield % is close to 1-year low.
During the past 12 months, Morinaga's average Dividends Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morinaga was 23.50% per year. The lowest was 0.00% per year. And the median was 9.10% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Morinaga (TSE:2201) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Morinaga's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Morinaga was 0.42. The lowest was 0.18. And the median was 0.29.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Morinaga Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 32.500000
2026-03-30
2026-03-31
2026-06-29
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 32.500000
2025-09-29
2025-09-30
2025-12-17
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.
Morinaga's Dividend Yield (%) for Today is calculated as
Current Share Price is 円2647.50.
Morinaga's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円65.
During the past 13 years, the highest Dividend Yield of Morinaga was 3.59%. The lowest was 0.63%. And the median was 1.85%.
Warning Sign:
Morinaga & Co Ltd stock Dividend Yield % is close to 1-year low.
* 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.
Morinaga Dividends per Share Related Terms
Morinaga Dividends per Share Historical Data
* Premium members only.
The historical data trend for Morinaga's Dividends per Share can be seen below:
* 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.
TSE:2201 vs MDLZ, HSY, TR: Dividends per Share Comparison
For the Confectioners subindustry, Morinaga's Dividend Yield %, along with its competitors' market caps and 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.
Morinaga Dividend Yield % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Morinaga's Dividend Yield % falls into.
Morinaga (TSE:2201) has a Dividends per Share of 円65.00 as of Mar. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on Morinaga and its competitors.
Is Morinaga's Dividends per Share too high?
Morinaga's current Dividends per Share is 円65.00. Overall, Morinaga has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga's Dividends per Share compare to MDLZ and HSY?
Morinaga's Dividends per Share of 円65.00 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for a Consumer Packaged Goods company?
A good Dividends per Share depends on the Consumer Packaged Goods industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Morinaga and its competitors. Morinaga's current Dividends per Share is 円65.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga stock overvalued right now?
Based on GuruFocus' analysis, Morinaga (TSE:2201) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,110.35, compared to a current price of 円2,647.50 — trading 14.9% below its estimated fair value. The current Dividends per Share is 円65.00. Morinaga's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Morinaga (TSE:2201), the current Dividends per Share is 円65.00 as of Mar. 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 Morinaga (TSE:2201) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga stock appears to be undervalued.
The current stock price of 円2,647.50 is trading 14.9% below its estimated GF Value™ of 円3,110.35.
GuruFocus considers Morinaga to be Modestly Undervalued.
Key valuation signals for TSE:2201:
Dividends per Share: 円65.00
GF Value™: 円3,110.35 vs. price of 円2,647.50 (14.9% below fair value)
No single metric tells the full story. See the TSE:2201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga & Co Ltd is a Japan-based confectionery company. It has developed a diverse range of confectionery products, canned soft drinks and ice cream that are delicious, fun, and healthy. The company's products are divided into five main divisions, Confectioneries, Foods, Frozen Desserts, Weider, and Healthcare. Confectionaries include Morinaga Biscuits, Chocoball chocolate, Dars chocolate, Koeda chocolate, and HI-CHEW candy. Foods include Morinaga Cocoa; Frozen Desserts include Choco Monaka Jumbo; Weider products include Weider in Jelly; and Healthcare products include Seisho-sabo, Kenpo-shukan, and Collagen drink.
85GF Score
Get the complete analysis for TSE:2201
Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2201 has been successfully added to your 
