Kyowanissei Co (TSE:1981) Dividend Payout Ratio: 0.73 (As of Mar. 2026) — 135% Above Median


TSE:1981 Kyowanissei Co Ltd TSE:1981
62 GF Score
Price 円1,308.00
GF Value 円1,645.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kyowanissei Co Dividend Payout Ratio?

Kyowanissei Co TSE:1981 -0.15% 62 Dividend Payout Ratio is 0.73 as of Mar. 2026, which is 135% above its 10-year median of 0.31. GuruFocus rates TSE:1981 with a GF Score™ of 62/100 and a GF Value™ of 円1,645.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 860 Construction companies, Kyowanissei Co ranks worse than 54.88% 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. Kyowanissei Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.73.

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

TSE:1981' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.31   Max: 0.43
Current: 0.43

During the past 13 years, the highest Dividend Payout Ratio of Kyowanissei Co was 0.43. The lowest was 0.19. And the median was 0.31.

TSE:1981's Dividend Payout Ratio is ranked worse than
54.88% of 860 companies
in the Construction industry
Industry Median: 0.39 vs TSE:1981: 0.43

As of today (2026-06-30), the Dividend Yield % of Kyowanissei Co is 3.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kyowanissei Co was 3.85%. The lowest was 1.42%. And the median was 2.29%.

Kyowanissei Co's Dividends per Share for the months ended in Mar. 2026 was 円50.00.

During the past 12 months, Kyowanissei Co's average Dividends Per Share Growth Rate was 19.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kyowanissei Co was 24.60% per year. The lowest was 4.30% per year. And the median was 15.75% 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.

Kyowanissei Co (TSE:1981) 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.

Kyowanissei Co Dividend Payout Ratio Related Terms

Kyowanissei Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Kyowanissei 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.

Kyowanissei Co Dividend Payout Ratio Chart

Kyowanissei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.37 0.39 0.41 0.43

Kyowanissei Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.00 0.49 0.00 0.73

TSE:1981 vs TT, JCI, CARR: Dividend Payout Ratio Comparison

For the Building Products & Equipment subindustry, Kyowanissei 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.

Kyowanissei Co Dividend Payout Ratio vs Construction Industry

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

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


TSE:1981
62GF Score
Kyowanissei Co Ltd TSE:1981
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowanissei 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.

Kyowanissei 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 )
=50/ 117.471
=0.43

Kyowanissei 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 )
=50/ 68.984
=0.72

* 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 0.73 mean?
Kyowanissei Co (TSE:1981) has a Dividend Payout Ratio of 0.73 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Kyowanissei Co and its competitors. This is 135% above median its historical median of 0.31. Over the past decade, Kyowanissei Co's Dividend Payout Ratio has ranged from 0.19 to 0.43. According to the industry distribution chart, Kyowanissei Co ranks #472 out of 860 companies in the Construction industry, placing it in the top 54.9%.
Is Kyowanissei Co's Dividend Payout Ratio too high?
Kyowanissei Co's current Dividend Payout Ratio of 0.73 is 135% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.43. The Construction industry median Dividend Payout Ratio is 0.39. Kyowanissei Co's value of 0.73 is 87.2% above this industry median. Based on the distribution chart, Kyowanissei Co ranks #472 out of 860 companies in the Construction industry, which is below the industry midpoint. Overall, Kyowanissei Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's Dividend Payout Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #472 out of 860 companies for Dividend Payout Ratio. This places Kyowanissei Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Kyowanissei Co's value of 0.73 is 87.2% above this benchmark. Historically, Kyowanissei Co's own Dividend Payout Ratio has ranged from 0.19 to 0.43 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.39, Kyowanissei 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 Construction company?
The median Dividend Payout Ratio among Construction companies is 0.39, based on 860 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. Kyowanissei Co's current Dividend Payout Ratio of 0.73 is 87.2% 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 Kyowanissei Co and its competitors. For the Construction industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current Dividend Payout Ratio is 0.73, which is 135% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,645.78, compared to a current price of 円1,308.00 — trading 20.5% below its estimated fair value. The current Dividend Payout Ratio is 0.73, which is 135% above median its 10-year median of 0.31 and 87.2% above the Construction industry median of 0.39. Kyowanissei Co's overall GF Score™ is 62/100 with 2 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 Kyowanissei Co (TSE:1981), the current Dividend Payout Ratio is 0.73 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,308.00 is trading 20.5% below its estimated GF Value™ of 円1,645.78. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

  • Dividend Payout Ratio: 0.73 (135% above median its 10-year median of 0.31)
  • GF Value™: 円1,645.78 vs. price of 円1,308.00 (20.5% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 87.2% above the Construction median (#472 of 860)

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kyowanissei Co Business Description

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
62GF Score

Get the complete analysis for TSE:1981

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

円1,308.00
Price
円1,645.78
GF Value