Hogy Medical Co (TSE:3593) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

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TSE:3593 Hogy Medical Co Ltd TSE:3593
47 GF Score
Price 円6,660.00
GF Value 円4,422.15
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Hogy Medical Co Dividend Payout Ratio?

Hogy Medical Co TSE:3593 47 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TSE:3593 with a GF Score™ of 47/100 and a GF Value™ of 円4,422.15 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 280 Medical Devices & Instruments companies, Hogy Medical Co ranks worse than 90% 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. Hogy Medical Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hogy Medical Co Ltd is 1.12, which seems too high.

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

TSE:3593' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.48   Max: 1.12
Current: 1.12

During the past 13 years, the highest Dividend Payout Ratio of Hogy Medical Co was 1.12. The lowest was 0.31. And the median was 0.48.

TSE:3593's Dividend Payout Ratio is ranked worse than
90% of 280 companies
in the Medical Devices & Instruments industry
Industry Median: 0.42 vs TSE:3593: 1.12

As of today (2026-07-17), the Dividend Yield % of Hogy Medical Co is 0.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hogy Medical Co was 2.61%. The lowest was 0.71%. And the median was 1.97%.

Hogy Medical Co's Dividends per Share for the months ended in Dec. 2025 was 円0.00.

During the past 12 months, Hogy Medical Co's average Dividends Per Share Growth Rate was -15.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hogy Medical Co was 30.50% per year. The lowest was -4.30% per year. And the median was 4.80% 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.

Hogy Medical Co (TSE:3593) 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.

Hogy Medical Co Dividend Payout Ratio Related Terms

Hogy Medical Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hogy Medical 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.

Hogy Medical Co Dividend Payout Ratio Chart

Hogy Medical Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.44 0.36 0.64 0.79

Hogy Medical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.49 0.00 0.72 1.90 0.00

TSE:3593 vs ISRG, BDX, MDLN: Dividend Payout Ratio Comparison

For the Medical Instruments & Supplies subindustry, Hogy Medical 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.

Hogy Medical Co Dividend Payout Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hogy Medical Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3593
47GF Score
Hogy Medical Co Ltd TSE:3593
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hogy Medical 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.

Hogy Medical Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2025 )/ EPS without NRI (A: Mar. 2025 )
=80/ 100.801
=0.79

Hogy Medical Co's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0/ 24.653
=0.00

* 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 0.00 mean?
Hogy Medical Co (TSE:3593) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hogy Medical Co and its competitors. Over the past decade, Hogy Medical Co's Dividend Payout Ratio has ranged from 0.31 to 1.12. According to the industry distribution chart, Hogy Medical Co ranks #252 out of 280 companies in the Medical Devices & Instruments industry, placing it in the top 90%.
Is Hogy Medical Co's Dividend Payout Ratio too high?
Hogy Medical Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.12. Based on the distribution chart, Hogy Medical Co ranks #252 out of 280 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Hogy Medical Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hogy Medical Co's Dividend Payout Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hogy Medical Co ranks #252 out of 280 companies for Dividend Payout Ratio. This places Hogy Medical Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Historically, Hogy Medical Co's own Dividend Payout Ratio has ranged from 0.31 to 1.12 over the past decade. 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 Medical Devices & Instruments company?
The median Dividend Payout Ratio among Medical Devices & Instruments companies is 0.42, based on 280 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. 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 Hogy Medical Co and its competitors. For the Medical Devices & Instruments industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hogy Medical Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hogy Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Hogy Medical Co (TSE:3593) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,422.15, compared to a current price of 円6,660.00 — trading 50.6% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Hogy Medical Co's overall GF Score™ is 47/100 with 10 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 Hogy Medical Co (TSE:3593), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. 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 Hogy Medical Co (TSE:3593) Overvalued in 2026?

Based on GuruFocus' analysis, Hogy Medical Co stock appears to be overvalued. The current stock price of 円6,660.00 is trading 50.6% above its estimated GF Value™ of 円4,422.15. GuruFocus considers Hogy Medical Co to be Significantly Overvalued.

Key valuation signals for TSE:3593:

  • Dividend Payout Ratio: 0.00
  • GF Value™: 円4,422.15 vs. price of 円6,660.00 (50.6% above fair value)
  • GF Score™: 47/100 with 10 warning signs

No single metric tells the full story. See the TSE:3593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hogy Medical Co Business Description

Address 7-7, Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8615
Hogy Medical Co Ltd develops and sells products that can be used to streamline operations and improve safety at healthcare facilities. Its products are used in hospitals' operating rooms, wards, material rooms, and administrative settings. Hogy Medical receives the majority of its revenue from sales of surgical-use products. Its key products include kit products, nonwoven products, and sterilization products. The kit products contain sterilized surgical supplies for use in a specific operation. The nonwoven products include gowns, caps, equipment covers, and other accessories. Hogy's primary sterilization product is the Mekkin bag, a sterilization pouch. The vast majority of Hogy's revenue is generated in Japan.
47GF Score

Get the complete analysis for TSE:3593

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

円6,660.00
Price
円4,422.15
GF Value