Shoei Yakuhin Co (TSE:3537) Dividend Payout Ratio: 0.45 (As of Mar. 2026) — 80% Above Median

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Shoei Yakuhin Co Ltd TSE:3537

71 GF Score

Price 円1,638.00

GF Value 円1,628.59

Valuation Fairly Valued

1 Warning Sign

View Full Analysis

What is Shoei Yakuhin Co Dividend Payout Ratio?

Shoei Yakuhin Co TSE:3537 -0.49% 71 Dividend Payout Ratio is 0.45 as of Mar. 2026, which is 80% above its 10-year median of 0.25. GuruFocus rates TSE:3537 with a GF Score™ of 71/100 and a GF Value™ of 円1,628.59 (Fairly Valued). The stock has 1 warning sign investors should review. Among 907 Chemicals companies, Shoei Yakuhin Co ranks better than 66.7% 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. Shoei Yakuhin Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.45.

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

TSE:3537' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.25 Max: 0.35
Current: 0.25

During the past 12 years, the highest Dividend Payout Ratio of Shoei Yakuhin Co was 0.35. The lowest was 0.20. And the median was 0.25.

TSE:3537's Dividend Payout Ratio is ranked better than
66.7% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:3537: 0.25

As of today (2026-07-14), the Dividend Yield % of Shoei Yakuhin Co is 2.49%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Shoei Yakuhin Co was 3.71%. The lowest was 1.08%. And the median was 1.98%.

Shoei Yakuhin Co's Dividends per Share for the months ended in Mar. 2026 was 円41.00.

During the past 12 months, Shoei Yakuhin Co's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Shoei Yakuhin Co was 28.30% per year. The lowest was 0.60% per year. And the median was 10.50% 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.

Shoei Yakuhin Co (TSE:3537) 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.

Shoei Yakuhin Co Dividend Payout Ratio Related Terms

Shoei Yakuhin Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Shoei Yakuhin 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.

Shoei Yakuhin Co Dividend Payout Ratio Chart

Shoei Yakuhin Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.26

0.25

0.26

0.25

Shoei Yakuhin 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															0.53	0.00	0.54	0.00	0.45

TSE:3537 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Shoei Yakuhin 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.

Shoei Yakuhin Co Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shoei Yakuhin Co's Dividend Payout Ratio distribution charts can be found below:

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

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71GF Score

Shoei Yakuhin Co Ltd TSE:3537

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

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Shoei Yakuhin Co Dividend Payout Ratio Calculation

Shoei Yakuhin 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 )
	=	41	/	164.066
	=	0.25

Shoei Yakuhin 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 )
	=	41	/	92.035
	=	0.45

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.45 mean?

Shoei Yakuhin Co (TSE:3537) has a Dividend Payout Ratio of 0.45 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Shoei Yakuhin Co and its competitors. This is 80% above median its historical median of 0.25. Over the past decade, Shoei Yakuhin Co's Dividend Payout Ratio has ranged from 0.20 to 0.35. According to the industry distribution chart, Shoei Yakuhin Co ranks #302 out of 907 companies in the Chemicals industry, placing it in the top 33.3%.

Is Shoei Yakuhin Co's Dividend Payout Ratio too high?

Shoei Yakuhin Co's current Dividend Payout Ratio of 0.45 is 80% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.35. The Chemicals industry median Dividend Payout Ratio is 0.36. Shoei Yakuhin Co's value of 0.45 is 25% above this industry median. Based on the distribution chart, Shoei Yakuhin Co ranks #302 out of 907 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shoei Yakuhin Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Shoei Yakuhin Co's Dividend Payout Ratio compare to LIN and SHW?

According to the Chemicals industry distribution chart, Shoei Yakuhin Co ranks #302 out of 907 companies for Dividend Payout Ratio. This puts Shoei Yakuhin Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.36. Shoei Yakuhin Co's value of 0.45 is 25% above this benchmark. Historically, Shoei Yakuhin Co's own Dividend Payout Ratio has ranged from 0.20 to 0.35 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.36, Shoei Yakuhin 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 Chemicals company?

The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 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. Shoei Yakuhin Co's current Dividend Payout Ratio of 0.45 is 25% 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 Shoei Yakuhin Co and its competitors. For the Chemicals 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. Shoei Yakuhin Co's current Dividend Payout Ratio is 0.45, which is 80% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shoei Yakuhin Co stock overvalued right now?

Based on GuruFocus' analysis, Shoei Yakuhin Co (TSE:3537) is currently considered Fairly Valued. The stock's GF Value™ is 円1,628.59, compared to a current price of 円1,638.00 — trading 0.6% above its estimated fair value. The current Dividend Payout Ratio is 0.45, which is 80% above median its 10-year median of 0.25 and 25% above the Chemicals industry median of 0.36. Shoei Yakuhin Co's overall GF Score™ is 71/100 with 1 warning sign 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 Shoei Yakuhin Co (TSE:3537), the current Dividend Payout Ratio is 0.45 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 Shoei Yakuhin Co (TSE:3537) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Yakuhin Co stock appears to be overvalued. The current stock price of 円1,638.00 is trading 0.6% above its estimated GF Value™ of 円1,628.59. GuruFocus considers Shoei Yakuhin Co to be Fairly Valued.

Key valuation signals for TSE:3537:

Dividend Payout Ratio: 0.45 (80% above median its 10-year median of 0.25)
GF Value™: 円1,628.59 vs. price of 円1,638.00 (0.6% above fair value)
GF Score™: 71/100 with 1 warning sign
Industry Position: 25% above the Chemicals median (#302 of 907)

No single metric tells the full story. See the TSE:3537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shoei Yakuhin Co Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4990 TSE:4976 TSE:4242 TSE:4623 TSE:4624 TSE:4234 TSE:4615 TSE:7446 TSE:4625 TSE:4120 LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Address 5-1 Azuchimachi 1-Chome, Senba Shoei Building, Chuo-ku, Osaka, JPN, 541-0052

Website https://www.shoei-yakuhin.co.jp

Shoei Yakuhin Co Ltd is engaged in the manufacture and sale of chemical products, daily goods, and civil engineering materials. The company operates under three main reporting segments: Chemical Products, Daily Goods, and Civil Engineering Materials. The Chemical Products segment includes items such as fatty alcohols, fatty acids, surfactants, and other chemical products. The Daily Goods segment focuses on detergents and various hygiene-related products. The Civil Engineering Materials segment provides soil improvement materials, repair agents, and environmental improvement materials.

71GF Score

Get the complete analysis for TSE:3537

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

円1,638.00

Price

円1,628.59

GF Value

View TSE:3537 Analysis

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