Nitto Fuji Flour Milling Co (TSE:2003) Dividend Payout Ratio: 0.71 (As of Mar. 2026) — 97% Above Median

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Nitto Fuji Flour Milling Co Ltd TSE:2003

72 GF Score

Price 円1,821.00

GF Value 円1,718.00

Valuation Fairly Valued

8 Warning Signs

View Full Analysis

What is Nitto Fuji Flour Milling Co Dividend Payout Ratio?

Nitto Fuji Flour Milling Co TSE:2003 -0.05% 72 Dividend Payout Ratio is 0.71 as of Mar. 2026, which is 97% above its 10-year median of 0.36. GuruFocus rates TSE:2003 with a GF Score™ of 72/100 and a GF Value™ of 円1,718.00 (Fairly Valued). The stock has 8 warning signs investors should review. Among 995 Consumer Packaged Goods companies, Nitto Fuji Flour Milling Co ranks worse than 82.71% 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. Nitto Fuji Flour Milling Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.71.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nitto Fuji Flour Milling Co Ltd is 0.86, which seems too high.

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

TSE:2003' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.36 Max: 0.86
Current: 0.86

During the past 13 years, the highest Dividend Payout Ratio of Nitto Fuji Flour Milling Co was 0.86. The lowest was 0.29. And the median was 0.36.

TSE:2003's Dividend Payout Ratio is ranked worse than
82.71% of 995 companies
in the Consumer Packaged Goods industry
Industry Median: 0.43 vs TSE:2003: 0.86

As of today (2026-07-24), the Dividend Yield % of Nitto Fuji Flour Milling Co is 3.84%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nitto Fuji Flour Milling Co was 4.42%. The lowest was 2.23%. And the median was 3.37%.

Nitto Fuji Flour Milling Co's Dividends per Share for the months ended in Mar. 2026 was 円35.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitto Fuji Flour Milling Co was 34.70% per year. The lowest was 0.00% per year. And the median was 18.00% 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.

Nitto Fuji Flour Milling Co (TSE:2003) 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.

Nitto Fuji Flour Milling Co Dividend Payout Ratio Related Terms

Nitto Fuji Flour Milling Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Fuji Flour Milling 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.

Nitto Fuji Flour Milling Co Dividend Payout Ratio Chart

Nitto Fuji Flour Milling Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.45

0.40

0.41

0.68

0.86

Nitto Fuji Flour Milling 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															0.41	0.76	0.61	1.10	0.71

TSE:2003 vs ADM, BG, TSN: Dividend Payout Ratio Comparison

For the Farm Products subindustry, Nitto Fuji Flour Milling 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.

Nitto Fuji Flour Milling Co Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nitto Fuji Flour Milling Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nitto Fuji Flour Milling Co's Dividend Payout Ratio falls into.

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72GF Score

Nitto Fuji Flour Milling Co Ltd TSE:2003

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Nitto Fuji Flour Milling Co Dividend Payout Ratio Calculation

Nitto Fuji Flour Milling 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	/	81.656
	=	0.86

Nitto Fuji Flour Milling 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 )
	=	35	/	49.248
	=	0.71

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.71 mean?

Nitto Fuji Flour Milling Co (TSE:2003) has a Dividend Payout Ratio of 0.71 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nitto Fuji Flour Milling Co and its competitors. This is 97% above median its historical median of 0.36. Over the past decade, Nitto Fuji Flour Milling Co's Dividend Payout Ratio has ranged from 0.29 to 0.86. According to the industry distribution chart, Nitto Fuji Flour Milling Co ranks #823 out of 995 companies in the Consumer Packaged Goods industry, placing it in the top 82.7%.

Is Nitto Fuji Flour Milling Co's Dividend Payout Ratio too high?

Nitto Fuji Flour Milling Co's current Dividend Payout Ratio of 0.71 is 97% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.86. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. Nitto Fuji Flour Milling Co's value of 0.71 is 65.1% above this industry median. Based on the distribution chart, Nitto Fuji Flour Milling Co ranks #823 out of 995 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nitto Fuji Flour Milling Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Nitto Fuji Flour Milling Co's Dividend Payout Ratio compare to ADM and BG?

According to the Consumer Packaged Goods industry distribution chart, Nitto Fuji Flour Milling Co ranks #823 out of 995 companies for Dividend Payout Ratio. This places Nitto Fuji Flour Milling Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Nitto Fuji Flour Milling Co's value of 0.71 is 65.1% above this benchmark. Historically, Nitto Fuji Flour Milling Co's own Dividend Payout Ratio has ranged from 0.29 to 0.86 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.43, Nitto Fuji Flour Milling 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 Consumer Packaged Goods company?

The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 995 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. Nitto Fuji Flour Milling Co's current Dividend Payout Ratio of 0.71 is 65.1% 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 Nitto Fuji Flour Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Fuji Flour Milling Co's current Dividend Payout Ratio is 0.71, which is 97% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nitto Fuji Flour Milling Co stock overvalued right now?

Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co (TSE:2003) is currently considered Fairly Valued. The stock's GF Value™ is 円1,718.00, compared to a current price of 円1,821.00 — trading 6% above its estimated fair value. The current Dividend Payout Ratio is 0.71, which is 97% above median its 10-year median of 0.36 and 65.1% above the Consumer Packaged Goods industry median of 0.43. Nitto Fuji Flour Milling Co's overall GF Score™ is 72/100 with 8 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 Nitto Fuji Flour Milling Co (TSE:2003), the current Dividend Payout Ratio is 0.71 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 Nitto Fuji Flour Milling Co (TSE:2003) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co stock appears to be overvalued. The current stock price of 円1,821.00 is trading 6% above its estimated GF Value™ of 円1,718.00. GuruFocus considers Nitto Fuji Flour Milling Co to be Fairly Valued.

Key valuation signals for TSE:2003:

Dividend Payout Ratio: 0.71 (97% above median its 10-year median of 0.36)
GF Value™: 円1,718.00 vs. price of 円1,821.00 (6% above fair value)
GF Score™: 72/100 with 8 warning signs
Industry Position: 65.1% above the Consumer Packaged Goods median (#823 of 995)

No single metric tells the full story. See the TSE:2003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nitto Fuji Flour Milling Co Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies TSE:1379 TSE:2938 TSE:2292 TSE:9955 TSE:8041 TSE:1381 TSE:1384 TSE:2924 TSE:1383 TSE:1380 ADM SZSE:002714 BG TSN SZSE:300498 OSL:MOWI OSL:SALM XKLS:2089 XPAR:LOUP SZSE:300972

Address 1-3-17 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033

Website http://www.nittofuji.co.jp

Nitto Fuji Flour Milling Co Ltd is engaged in the manufacture and sale of wheat flour and bran. The company is also involved in warehousing business and designing and installation of machines and equipment.

72GF Score

Get the complete analysis for TSE:2003

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

円1,821.00

Price

円1,718.00

GF Value

View TSE:2003 Analysis

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