Ocean System (TSE:3096) Dividend Payout Ratio: 0.15 (As of Mar. 2026) — Near Median

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Ocean System Corp TSE:3096

81 GF Score

Price 円1,595.00

GF Value 円1,288.87

Valuation Modestly Overvalued

2 Warning Signs

View Full Analysis

What is Ocean System Dividend Payout Ratio?

Ocean System TSE:3096 +0.82% 81 Dividend Payout Ratio is 0.15 as of Mar. 2026, which is 7% above its 10-year median of 0.14. GuruFocus rates TSE:3096 with a GF Score™ of 81/100 and a GF Value™ of 円1,288.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 180 Retail - Defensive companies, Ocean System ranks better than 91.11% 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. Ocean System's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.15.

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

TSE:3096' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.14 Max: 0.2
Current: 0.14

During the past 13 years, the highest Dividend Payout Ratio of Ocean System was 0.20. The lowest was 0.10. And the median was 0.14.

TSE:3096's Dividend Payout Ratio is ranked better than
91.11% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.37 vs TSE:3096: 0.14

As of today (2026-07-14), the Dividend Yield % of Ocean System is 1.26%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ocean System was 1.47%. The lowest was 0.79%. And the median was 1.29%.

Ocean System's Dividends per Share for the months ended in Mar. 2026 was 円10.00.

During the past 12 months, Ocean System's average Dividends Per Share Growth Rate was 42.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ocean System was 12.60% per year. The lowest was -20.60% per year. And the median was 0.00% 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.

Ocean System (TSE:3096) 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.

Ocean System Dividend Payout Ratio Related Terms

Ocean System Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ocean System'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.

Ocean System Dividend Payout Ratio Chart

Ocean System Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.14

0.18

0.10

0.14

Ocean System 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															0.10	0.09	0.12	0.13	0.15

TSE:3096 vs KR: Dividend Payout Ratio Comparison

For the Grocery Stores subindustry, Ocean System'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.

Ocean System Dividend Payout Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocean System's Dividend Payout Ratio distribution charts can be found below:

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

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81GF Score

Ocean System Corp TSE:3096

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

View Full Analysis

Ocean System Dividend Payout Ratio Calculation

Ocean System'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 )
	=	20	/	141.678
	=	0.14

Ocean System'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 )
	=	10	/	66.571
	=	0.15

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.15 mean?

Ocean System (TSE:3096) has a Dividend Payout Ratio of 0.15 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ocean System and its competitors. This is near median its historical median of 0.14. Over the past decade, Ocean System's Dividend Payout Ratio has ranged from 0.10 to 0.20. According to the industry distribution chart, Ocean System ranks #16 out of 180 companies in the Retail - Defensive industry, placing it in the top 8.9%.

Is Ocean System's Dividend Payout Ratio too high?

Ocean System's current Dividend Payout Ratio of 0.15 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.20. The Retail - Defensive industry median Dividend Payout Ratio is 0.37. Ocean System's value of 0.15 is 59.5% below this industry median. Based on the distribution chart, Ocean System ranks #16 out of 180 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Ocean System has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Ocean System's Dividend Payout Ratio compare to KR?

According to the Retail - Defensive industry distribution chart, Ocean System ranks #16 out of 180 companies for Dividend Payout Ratio. This places Ocean System in the top 9% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Ocean System's value of 0.15 is 59.5% below this benchmark. Historically, Ocean System's own Dividend Payout Ratio has ranged from 0.10 to 0.20 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.37, Ocean System has consistently been below 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 Retail - Defensive company?

The median Dividend Payout Ratio among Retail - Defensive companies is 0.37, based on 180 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. Ocean System's current Dividend Payout Ratio of 0.15 is 59.5% below 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 Ocean System and its competitors. For the Retail - Defensive industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean System's current Dividend Payout Ratio is 0.15, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ocean System stock overvalued right now?

Based on GuruFocus' analysis, Ocean System (TSE:3096) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,288.87, compared to a current price of 円1,595.00 — trading 23.8% above its estimated fair value. The current Dividend Payout Ratio is 0.15, which is near median its 10-year median of 0.14 and 59.5% below the Retail - Defensive industry median of 0.37. Ocean System's overall GF Score™ is 81/100 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 Ocean System (TSE:3096), the current Dividend Payout Ratio is 0.15 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 Ocean System (TSE:3096) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean System stock appears to be overvalued. The current stock price of 円1,595.00 is trading 23.8% above its estimated GF Value™ of 円1,288.87. GuruFocus considers Ocean System to be Modestly Overvalued.

Key valuation signals for TSE:3096:

Dividend Payout Ratio: 0.15 (near median its 10-year median of 0.14)
GF Value™: 円1,288.87 vs. price of 円1,595.00 (23.8% above fair value)
GF Score™: 81/100 with 2 warning signs
Industry Position: 59.5% below the Retail - Defensive median (#16 of 180)

No single metric tells the full story. See the TSE:3096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ocean System Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies TSE:9890 TSE:9993 TSE:9846 TSE:7643 TSE:2735 TSE:4380 TSE:9259 TSE:7515 TSE:7544 TSE:2747 TSX:L LSE:TSCO XAMS:AD KR ASX:WOW TSX:WN TSE:3382 ASX:COL TSX:MRU XPAR:CA

Address 2-26-57 Nishihonjoji, Niigata Prefecture, Sanjo, JPN, 955-0845

Website http://www.ocean-system.com

Ocean System Corp is a Japan-based company engages in the supermarket, lunch service, foodstuff delivery, and contract management of dining hall and food service businesses. The company's segment includes Supermarket Business, Gyomu Supermarket Business, Lunch box meal business, Food delivery business, and Hotels and other businesses. The company generates key revenue from the Gyomu Supermarket Business.

81GF Score

Get the complete analysis for TSE:3096

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

円1,595.00

Price

円1,288.87

GF Value

View TSE:3096 Analysis

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