Renaissance (TSE:2378) Dividend Payout Ratio: 0.64 (As of Mar. 2026) — 167% Above Median

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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:2378 Renaissance Inc TSE:2378
62 GF Score
Price 円1,049.00
GF Value 円1,440.66
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Renaissance Dividend Payout Ratio?

Renaissance TSE:2378 +0.29% 62 Dividend Payout Ratio is 0.64 as of Mar. 2026, which is 167% above its 10-year median of 0.24. GuruFocus rates TSE:2378 with a GF Score™ of 62/100 and a GF Value™ of 円1,440.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 325 Media - Diversified companies, Renaissance ranks better than 71.69% 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. Renaissance's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.64.

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

TSE:2378' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.24   Max: 0.46
Current: 0.34


During the past 13 years, the highest Dividend Payout Ratio of Renaissance was 0.46. The lowest was 0.18. And the median was 0.24.

TSE:2378's Dividend Payout Ratio is ranked better than
71.69% of 325 companies
in the Media - Diversified industry
Industry Median: 0.5 vs TSE:2378: 0.34

As of today (2026-07-16), the Dividend Yield % of Renaissance is 1.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Renaissance was 3.59%. The lowest was 0.15%. And the median was 1.09%.

Renaissance's Dividends per Share for the months ended in Mar. 2026 was 円9.00.

During the past 12 months, Renaissance's average Dividends Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 38.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -12.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Renaissance was 71.00% per year. The lowest was -60.70% per year. And the median was 18.20% 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.


Renaissance (TSE:2378) 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.


Renaissance Dividend Payout Ratio Related Terms


Renaissance Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Renaissance'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.

Renaissance Dividend Payout Ratio Chart

Renaissance 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 0.18 0.00 0.46 0.26 0.34

Renaissance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.91 0.00 0.00 0.00 0.64

TSE:2378 vs NFLX, DIS, WBD: Dividend Payout Ratio Comparison

For the Entertainment subindustry, Renaissance'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.


Renaissance Dividend Payout Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Renaissance's Dividend Payout Ratio distribution charts can be found below:

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


TSE:2378
62GF Score
Renaissance Inc TSE:2378
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renaissance 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.

Renaissance'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 )
=13/ 37.861
=0.34

Renaissance'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 )
=9/ 14.115
=0.64

* 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 0.64 mean?
Renaissance (TSE:2378) has a Dividend Payout Ratio of 0.64 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Renaissance and its competitors. This is 167% above median its historical median of 0.24. Over the past decade, Renaissance's Dividend Payout Ratio has ranged from 0.18 to 0.46. According to the industry distribution chart, Renaissance ranks #92 out of 325 companies in the Media - Diversified industry, placing it in the top 28.3%.
Is Renaissance's Dividend Payout Ratio too high?
Renaissance's current Dividend Payout Ratio of 0.64 is 167% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.46. The Media - Diversified industry median Dividend Payout Ratio is 0.50. Renaissance's value of 0.64 is 28% above this industry median. Based on the distribution chart, Renaissance ranks #92 out of 325 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Renaissance has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance's Dividend Payout Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Renaissance ranks #92 out of 325 companies for Dividend Payout Ratio. This puts Renaissance in the upper half of its industry. The industry median Dividend Payout Ratio is 0.50. Renaissance's value of 0.64 is 28% above this benchmark. Historically, Renaissance's own Dividend Payout Ratio has ranged from 0.18 to 0.46 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.50, Renaissance 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 Media - Diversified company?
The median Dividend Payout Ratio among Media - Diversified companies is 0.50, based on 325 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. Renaissance's current Dividend Payout Ratio of 0.64 is 28% 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 Renaissance and its competitors. For the Media - Diversified industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance's current Dividend Payout Ratio is 0.64, which is 167% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance stock overvalued right now?
Based on GuruFocus' analysis, Renaissance (TSE:2378) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,440.66, compared to a current price of 円1,049.00 — trading 27.2% below its estimated fair value. The current Dividend Payout Ratio is 0.64, which is 167% above median its 10-year median of 0.24 and 28% above the Media - Diversified industry median of 0.50. Renaissance's overall GF Score™ is 62/100 with 4 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 Renaissance (TSE:2378), the current Dividend Payout Ratio is 0.64 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 Renaissance (TSE:2378) Overvalued in 2026?

Based on GuruFocus' analysis, Renaissance stock appears to be undervalued. The current stock price of 円1,049.00 is trading 27.2% below its estimated GF Value™ of 円1,440.66. GuruFocus considers Renaissance to be Modestly Undervalued.

Key valuation signals for TSE:2378:

  • Dividend Payout Ratio: 0.64 (167% above median its 10-year median of 0.24)
  • GF Value™: 円1,440.66 vs. price of 円1,049.00 (27.2% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 28% above the Media - Diversified median (#92 of 325)

No single metric tells the full story. See the TSE:2378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renaissance Business Description

Address 2-10-14, Sumida-ku, Tokyo, JPN, 136-0026
Renaissance Inc is mainly engaged in the operation of sports clubs in Japan. Its business activities include fitness club, swimming school, tennis school, golf school, health promotion business at local governments and enterprises, nursing care rehabilitation business, other related business.
62GF Score

Get the complete analysis for TSE:2378

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

円1,049.00
Price
円1,440.66
GF Value