Ad-Sol Nissin (TSE:3837) Dividend Payout Ratio: 0.54 (As of Mar. 2026) — 38% Above Median


TSE:3837 Ad-Sol Nissin Corp TSE:3837
95 GF Score
Price 円1,460.00
GF Value 円1,268.89
Valuation Modestly Overvalued
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What is Ad-Sol Nissin Dividend Payout Ratio?

Ad-Sol Nissin TSE:3837 -0.54% 95 Dividend Payout Ratio is 0.54 as of Mar. 2026, which is 38% above its 10-year median of 0.39. GuruFocus rates TSE:3837 with a GF Score™ of 95/100 and a GF Value™ of 円1,268.89 (Modestly Overvalued). Among 868 Software companies, Ad-Sol Nissin ranks worse than 57.72% 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. Ad-Sol Nissin's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.54.

The historical rank and industry rank for Ad-Sol Nissin's Dividend Payout Ratio or its related term are showing as below:

TSE:3837' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.39   Max: 0.48
Current: 0.48


During the past 13 years, the highest Dividend Payout Ratio of Ad-Sol Nissin was 0.48. The lowest was 0.32. And the median was 0.39.

TSE:3837's Dividend Payout Ratio is ranked worse than
57.72% of 868 companies
in the Software industry
Industry Median: 0.405 vs TSE:3837: 0.48

As of today (2026-07-08), the Dividend Yield % of Ad-Sol Nissin is 2.81%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ad-Sol Nissin was 3.14%. The lowest was 0.77%. And the median was 1.64%.

Ad-Sol Nissin's Dividends per Share for the months ended in Mar. 2026 was 円23.00.

During the past 12 months, Ad-Sol Nissin's average Dividends Per Share Growth Rate was 36.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ad-Sol Nissin was 44.20% per year. The lowest was -17.00% per year. And the median was 21.35% 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.


Ad-Sol Nissin (TSE:3837) 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.


Ad-Sol Nissin Dividend Payout Ratio Related Terms


Ad-Sol Nissin Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ad-Sol Nissin'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.

Ad-Sol Nissin Dividend Payout Ratio Chart

Ad-Sol Nissin Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.42 0.41 0.47 0.48

Ad-Sol Nissin 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 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 0.44 0.40 0.53 0.43 0.54

TSE:3837 vs IBM, ACN, FISV: Dividend Payout Ratio Comparison

For the Information Technology Services subindustry, Ad-Sol Nissin'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.


Ad-Sol Nissin Dividend Payout Ratio vs Software Industry

For the Software industry and Technology sector, Ad-Sol Nissin's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ad-Sol Nissin's Dividend Payout Ratio falls into.


TSE:3837
95GF Score
Ad-Sol Nissin Corp TSE:3837
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ad-Sol Nissin 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.

Ad-Sol Nissin'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/ 85.223
=0.48

Ad-Sol Nissin'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 )
=23/ 43.024
=0.53

* 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 0.54 mean?
Ad-Sol Nissin (TSE:3837) has a Dividend Payout Ratio of 0.54 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ad-Sol Nissin and its competitors. This is 38% above median its historical median of 0.39. Over the past decade, Ad-Sol Nissin's Dividend Payout Ratio has ranged from 0.32 to 0.48. According to the industry distribution chart, Ad-Sol Nissin ranks #501 out of 868 companies in the Software industry, placing it in the top 57.7%.
Is Ad-Sol Nissin's Dividend Payout Ratio too high?
Ad-Sol Nissin's current Dividend Payout Ratio of 0.54 is 38% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.48. The Software industry median Dividend Payout Ratio is 0.41. Ad-Sol Nissin's value of 0.54 is 33.3% above this industry median. Based on the distribution chart, Ad-Sol Nissin ranks #501 out of 868 companies in the Software industry, which is below the industry midpoint. Overall, Ad-Sol Nissin has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ad-Sol Nissin's Dividend Payout Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Ad-Sol Nissin ranks #501 out of 868 companies for Dividend Payout Ratio. This places Ad-Sol Nissin in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Ad-Sol Nissin's value of 0.54 is 33.3% above this benchmark. Historically, Ad-Sol Nissin's own Dividend Payout Ratio has ranged from 0.32 to 0.48 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.41, Ad-Sol Nissin 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 Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 868 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. Ad-Sol Nissin's current Dividend Payout Ratio of 0.54 is 33.3% 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 Ad-Sol Nissin 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. Ad-Sol Nissin's current Dividend Payout Ratio is 0.54, which is 38% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ad-Sol Nissin stock overvalued right now?
Based on GuruFocus' analysis, Ad-Sol Nissin (TSE:3837) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,268.89, compared to a current price of 円1,460.00 — trading 15.1% above its estimated fair value. The current Dividend Payout Ratio is 0.54, which is 38% above median its 10-year median of 0.39 and 33.3% above the Software industry median of 0.41. Ad-Sol Nissin's overall GF Score™ is 95/100. 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 Ad-Sol Nissin (TSE:3837), the current Dividend Payout Ratio is 0.54 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 Ad-Sol Nissin (TSE:3837) Overvalued in 2026?

Based on GuruFocus' analysis, Ad-Sol Nissin stock appears to be overvalued. The current stock price of 円1,460.00 is trading 15.1% above its estimated GF Value™ of 円1,268.89. GuruFocus considers Ad-Sol Nissin to be Modestly Overvalued.

Key valuation signals for TSE:3837:

  • Dividend Payout Ratio: 0.54 (38% above median its 10-year median of 0.39)
  • GF Value™: 円1,268.89 vs. price of 円1,460.00 (15.1% above fair value)
  • GF Score™: 95/100
  • Industry Position: 33.3% above the Software median (#501 of 868)

No single metric tells the full story. See the TSE:3837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ad-Sol Nissin Business Description

Address 1-8 Konan 4-chome, Rivage Shinagawa, Minato-ku, Tokyo, JPN, 108-0075
Ad-Sol Nissin Corp develops information systems for enterprises. The company's segments include: Social Infrastructure Business, Advanced Industry Business. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others.
95GF Score

Get the complete analysis for TSE:3837

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

円1,460.00
Price
円1,268.89
GF Value