As Partners Co (TSE:160A) Dividend Payout Ratio: 2.75 (As of Mar. 2026) — 1210% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:160A As Partners Co Ltd TSE:160A
9 GF Score
Price 円2,039.00
! 3 Warning Signs
View Full Analysis

What is As Partners Co Dividend Payout Ratio?

As Partners Co TSE:160A -1.21% 9 Dividend Payout Ratio is 2.75 as of Mar. 2026, which is 1210% above its 10-year median of 0.21. GuruFocus rates TSE:160A with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 312 Conglomerates companies, As Partners Co ranks better than 77.24% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. As Partners Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.75.

The historical rank and industry rank for As Partners Co's Dividend Payout Ratio or its related term are showing as below:

TSE:160A' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.21   Max: 0.21
Current: 0.21


During the past 5 years, the highest Dividend Payout Ratio of As Partners Co was 0.21. The lowest was 0.21. And the median was 0.21.

TSE:160A's Dividend Payout Ratio is ranked better than
77.24% of 312 companies
in the Conglomerates industry
Industry Median: 0.36 vs TSE:160A: 0.21

As of today (2026-07-18), the Dividend Yield % of As Partners Co is 3.19%.

During the past 5 years, the highest Trailing Annual Dividend Yield of As Partners Co was 3.66%. The lowest was 1.62%. And the median was 2.29%.

As Partners Co's Dividends per Share for the months ended in Mar. 2026 was 円70.00.

During the past 12 months, As Partners Co's average Dividends Per Share Growth Rate was 27.30% per year.

The growth rate is calculated with least square regression.

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.


As Partners Co (TSE:160A) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


As Partners Co Dividend Payout Ratio Related Terms


As Partners Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for As Partners Co's Dividend Payout Ratio 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.

As Partners Co Dividend Payout Ratio Chart

As Partners Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
0.00 0.00 0.00 0.21 0.21

As Partners Co Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial 0.00 0.00 4.09 0.00 2.75

TSE:160A vs HON, MMM: Dividend Payout Ratio Comparison

For the Conglomerates subindustry, As Partners Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


As Partners Co Dividend Payout Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, As Partners Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where As Partners Co's Dividend Payout Ratio falls into.


TSE:160A
9GF Score
As Partners Co Ltd TSE:160A
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

As Partners Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

As Partners Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=70/ 328.672
=0.21

As Partners Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=70/ 25.46
=2.75

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.75 mean?
As Partners Co (TSE:160A) has a Dividend Payout Ratio of 2.75 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on As Partners Co and its competitors. This is 1210% above median its historical median of 0.21. Over the past decade, As Partners Co's Dividend Payout Ratio has ranged from 0.21 to 0.21. According to the industry distribution chart, As Partners Co ranks #71 out of 312 companies in the Conglomerates industry, placing it in the top 22.8%.
Is As Partners Co's Dividend Payout Ratio too high?
As Partners Co's current Dividend Payout Ratio of 2.75 is 1210% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.21. The Conglomerates industry median Dividend Payout Ratio is 0.36. As Partners Co's value of 2.75 is 663.9% above this industry median. Based on the distribution chart, As Partners Co ranks #71 out of 312 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, As Partners Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does As Partners Co's Dividend Payout Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, As Partners Co ranks #71 out of 312 companies for Dividend Payout Ratio. This places As Partners Co in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.36. As Partners Co's value of 2.75 is 663.9% above this benchmark. Historically, As Partners Co's own Dividend Payout Ratio has ranged from 0.21 to 0.21 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.36, As Partners Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Conglomerates company?
The median Dividend Payout Ratio among Conglomerates companies is 0.36, based on 312 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. As Partners Co's current Dividend Payout Ratio of 2.75 is 663.9% above 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on As Partners Co and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. As Partners Co's current Dividend Payout Ratio is 2.75, which is 1210% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is As Partners Co stock overvalued right now?
As Partners Co (TSE:160A) has a current Dividend Payout Ratio of 2.75. The current Dividend Payout Ratio is 2.75, which is 1210% above median its 10-year median of 0.21 and 663.9% above the Conglomerates industry median of 0.36. As Partners Co's overall GF Score™ is 9/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For As Partners Co (TSE:160A), the current Dividend Payout Ratio is 2.75 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.

As Partners Co Business Description

Address 2-2 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 1010062
As Partners Co Ltd is engaged in two business Senior business and Real estate business. Senior business includes management of nursing homes (paid nursing homes with nursing care) (life care for residents of general specified facilities), day services, and short stays. Real estate business includes real estate ownership, residential lot sales, real estate revitalization consulting, etc.
9GF Score

Get the complete analysis for TSE:160A

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,039.00
Price