Billing System (TSE:3623) Dividend Payout Ratio: 0.00 (As of Jun. 2026)

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TSE:3623 Billing System Corp TSE:3623
69 GF Score
Price 円1,294.00
GF Value 円997.74
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Billing System Dividend Payout Ratio?

Billing System TSE:3623 +3.60% 69 Dividend Payout Ratio is 0.00 as of Jun. 2026. GuruFocus rates TSE:3623 with a GF Score™ of 69/100 and a GF Value™ of 円997.74 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 861 Software companies, Billing System ranks better than 65.97% 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. Billing System's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.00.

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

TSE:3623' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.29   Max: 2.13
Current: 0.3

During the past 13 years, the highest Dividend Payout Ratio of Billing System was 2.13. The lowest was 0.20. And the median was 0.29.

TSE:3623's Dividend Payout Ratio is ranked better than
65.97% of 861 companies
in the Software industry
Industry Median: 0.39 vs TSE:3623: 0.30

As of today (2026-08-27), the Dividend Yield % of Billing System is 2.07%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Billing System was 2.64%. The lowest was 0.10%. And the median was 0.76%.

Billing System's Dividends per Share for the months ended in Jun. 2026 was 円0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 37.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Billing System was 88.20% per year. The lowest was -37.00% per year. And the median was 18.55% 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.

Billing System (TSE:3623) 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.

Billing System Dividend Payout Ratio Related Terms

Billing System Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Billing 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.

Billing System Dividend Payout Ratio Chart

Billing System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.20 0.25 0.35 0.37

Billing System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.95 0.00 0.00

TSE:3623 vs MSFT, ORCL, PLTR: Dividend Payout Ratio Comparison

For the Software - Infrastructure subindustry, Billing 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.

Billing System Dividend Payout Ratio vs Software Industry

For the Software industry and Technology sector, Billing System's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3623
69GF Score
Billing System Corp TSE:3623
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billing System 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.

Billing System's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=25.8/ 70.711
=0.36

Billing System's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0/ 0
=N/A

* 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?
Billing System (TSE:3623) has a Dividend Payout Ratio of 0.00 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Billing System and its competitors. Over the past decade, Billing System's Dividend Payout Ratio has ranged from 0.20 to 2.13. According to the industry distribution chart, Billing System ranks #293 out of 861 companies in the Software industry, placing it in the top 34%.
Is Billing System's Dividend Payout Ratio too high?
Billing System's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.13. Based on the distribution chart, Billing System ranks #293 out of 861 companies in the Software industry, which is above the industry midpoint. Overall, Billing System has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's Dividend Payout Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Billing System ranks #293 out of 861 companies for Dividend Payout Ratio. This puts Billing System in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Historically, Billing System's own Dividend Payout Ratio has ranged from 0.20 to 2.13 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 Software company?
The median Dividend Payout Ratio among Software companies is 0.39, based on 861 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 Billing System and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billing System'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 Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Overvalued. The stock's GF Value™ is 円997.74, compared to a current price of 円1,294.00 — trading 29.7% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Billing System's overall GF Score™ is 69/100 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 Billing System (TSE:3623), the current Dividend Payout Ratio is 0.00 as of Jun. 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 Billing System (TSE:3623) Overvalued in 2026?

Based on GuruFocus' analysis, Billing System stock appears to be overvalued. The current stock price of 円1,294.00 is trading 29.7% above its estimated GF Value™ of 円997.74. GuruFocus considers Billing System to be Modestly Overvalued.

Key valuation signals for TSE:3623:

  • Dividend Payout Ratio: 0.00
  • GF Value™: 円997.74 vs. price of 円1,294.00 (29.7% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Billing System Business Description

Address 1-2-2 Uchisaiwaicho, 13th Floor, Hibiya Daibiru, Chiyoda-ku, Tokyo, JPN, 100-0011
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
69GF Score

Get the complete analysis for TSE:3623

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

円1,294.00
Price
円997.74
GF Value