System D (TSE:3804) Dividend Payout Ratio: 0.00 (As of Apr. 2026)

What is System D Dividend Payout Ratio?

System D TSE:3804 -1.81% 80 Dividend Payout Ratio is 0.00 as of Apr. 2026. GuruFocus rates TSE:3804 with a GF Score™ of 80/100 and a GF Value™ of 円551.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 870 Software companies, System D ranks better than 69.08% 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. System D's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.00.

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

TSE:3804' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.28
Current: 0.28

During the past 13 years, the highest Dividend Payout Ratio of System D was 0.28. The lowest was 0.12. And the median was 0.17.

TSE:3804's Dividend Payout Ratio is ranked better than
69.08% of 870 companies
in the Software industry
Industry Median: 0.405 vs TSE:3804: 0.28

As of today (2026-07-12), the Dividend Yield % of System D is 2.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of System D was 2.23%. The lowest was 0.38%. And the median was 1.11%.

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

During the past 12 months, System D's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 32.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of System D was 67.10% per year. The lowest was 0.00% per year. And the median was 26.00% 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.

System D (TSE:3804) 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.

System D Dividend Payout Ratio Related Terms

System D Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for System D'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.

System D Dividend Payout Ratio Chart

System D Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

Dividend Payout Ratio

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0.17

0.20

0.23

0.27

0.28

System D Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.72	0.00	0.90	0.00

TSE:3804 vs UBER, SHOP, CRM: Dividend Payout Ratio Comparison

For the Software - Application subindustry, System D'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.

System D Dividend Payout Ratio vs Software Industry

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

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

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System D Inc TSE:3804

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

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System D Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2025 )	/	EPS without NRI (A: Oct. 2025 )
	=	9.333	/	33.546
	=	0.28

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

Dividend Payout Ratio	=	Dividends per Share (Q: Apr. 2026 )	/	EPS without NRI (Q: Apr. 2026 )
	=	0	/	23.32
	=	0.00

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

System D (TSE:3804) has a Dividend Payout Ratio of 0.00 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on System D and its competitors. Over the past decade, System D's Dividend Payout Ratio has ranged from 0.12 to 0.28. According to the industry distribution chart, System D ranks #269 out of 870 companies in the Software industry, placing it in the top 30.9%.

Is System D's Dividend Payout Ratio too high?

System D's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.28. Based on the distribution chart, System D ranks #269 out of 870 companies in the Software industry, which is above the industry midpoint. Overall, System D has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does System D's Dividend Payout Ratio compare to UBER and SHOP?

According to the Software industry distribution chart, System D ranks #269 out of 870 companies for Dividend Payout Ratio. This puts System D in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Historically, System D's own Dividend Payout Ratio has ranged from 0.12 to 0.28 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 0.41, based on 870 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 System D and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System D'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 System D stock overvalued right now?

Based on GuruFocus' analysis, System D (TSE:3804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円551.19, compared to a current price of 円434.00 — trading 21.3% below its estimated fair value. The current Dividend Payout Ratio is 0.00. System D's overall GF Score™ is 80/100 with 3 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 System D (TSE:3804), the current Dividend Payout Ratio is 0.00 as of Apr. 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 System D (TSE:3804) Overvalued in 2026?

Based on GuruFocus' analysis, System D stock appears to be undervalued. The current stock price of 円434.00 is trading 21.3% below its estimated GF Value™ of 円551.19. GuruFocus considers System D to be Modestly Undervalued.

Key valuation signals for TSE:3804:

Dividend Payout Ratio: 0.00
GF Value™: 円551.19 vs. price of 円434.00 (21.3% below fair value)
GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the TSE:3804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

System D Business Description

Industry Technology Software

Comparable Companies TSE:5248 TSE:4284 TSE:4015 TSE:4192 TSE:4169 TSE:4412 TSE:2303 TSE:4054 TSE:2186 TSE:4495 XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Address 603 Karasuma-dori Sanjo Agarubanocho, Nakagyo Ward, Kyoto, JPN, 604-8172

Website http://www.systemd.co.jp

System D Inc creates industry-specialized package software. The software development serves the schools, fitness clubs, distributors and other institutions. Its products and services include: Campus Plan, School Engine, PPP, Public Property Management System, Common Financial Accounting System, Smart Hello/Hello EX, Smart Hello Ticket/Hello Fun, Regulations Management System, and Contract creation and management system.

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

円434.00

Price

円551.19

GF Value

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