Nippon Kodoshi (TSE:3891) Dividend Payout Ratio: 0.74 (As of Mar. 2026) — 252% Above Median

What is Nippon Kodoshi Dividend Payout Ratio?

Nippon Kodoshi TSE:3891 -7.31% 69 Dividend Payout Ratio is 0.74 as of Mar. 2026, which is 252% above its 10-year median of 0.21. GuruFocus rates TSE:3891 with a GF Score™ of 69/100 and a GF Value™ of 円2,442.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,213 Hardware companies, Nippon Kodoshi ranks better than 64.88% 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. Nippon Kodoshi's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.74.

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

TSE:3891' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 0.36
Current: 0.35

During the past 13 years, the highest Dividend Payout Ratio of Nippon Kodoshi was 0.36. The lowest was 0.08. And the median was 0.21.

TSE:3891's Dividend Payout Ratio is ranked better than
64.88% of 1213 companies
in the Hardware industry
Industry Median: 0.47 vs TSE:3891: 0.35

As of today (2026-07-06), the Dividend Yield % of Nippon Kodoshi is 0.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nippon Kodoshi was 3.55%. The lowest was 0.51%. And the median was 1.37%.

Nippon Kodoshi's Dividends per Share for the months ended in Mar. 2026 was 円50.00.

During the past 12 months, Nippon Kodoshi's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 34.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Kodoshi was 37.70% per year. The lowest was 0.00% per year. And the median was 3.60% 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.

Nippon Kodoshi (TSE:3891) 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.

Nippon Kodoshi Dividend Payout Ratio Related Terms

Nippon Kodoshi Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Kodoshi'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.

Nippon Kodoshi Dividend Payout Ratio Chart

Nippon Kodoshi Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.08

0.21

0.35

0.36

0.35

Nippon Kodoshi Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.00	0.65	0.00	0.74

TSE:3891 vs APH, GLW: Dividend Payout Ratio Comparison

For the Electronic Components subindustry, Nippon Kodoshi'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.

Nippon Kodoshi Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nippon Kodoshi's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Kodoshi's Dividend Payout Ratio falls into.

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69GF Score

Nippon Kodoshi Corp TSE:3891

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

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Nippon Kodoshi Dividend Payout Ratio Calculation

Nippon Kodoshi'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 )
	=	90	/	258.619
	=	0.35

Nippon Kodoshi'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 )
	=	50	/	67.768
	=	0.74

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.74 mean?

Nippon Kodoshi (TSE:3891) has a Dividend Payout Ratio of 0.74 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nippon Kodoshi and its competitors. This is 252% above median its historical median of 0.21. Over the past decade, Nippon Kodoshi's Dividend Payout Ratio has ranged from 0.08 to 0.36. According to the industry distribution chart, Nippon Kodoshi ranks #426 out of 1213 companies in the Hardware industry, placing it in the top 35.1%.

Is Nippon Kodoshi's Dividend Payout Ratio too high?

Nippon Kodoshi's current Dividend Payout Ratio of 0.74 is 252% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.36. The Hardware industry median Dividend Payout Ratio is 0.47. Nippon Kodoshi's value of 0.74 is 57.4% above this industry median. Based on the distribution chart, Nippon Kodoshi ranks #426 out of 1213 companies in the Hardware industry, which is above the industry midpoint. Overall, Nippon Kodoshi has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nippon Kodoshi's Dividend Payout Ratio compare to APH and GLW?

According to the Hardware industry distribution chart, Nippon Kodoshi ranks #426 out of 1213 companies for Dividend Payout Ratio. This puts Nippon Kodoshi in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. Nippon Kodoshi's value of 0.74 is 57.4% above this benchmark. Historically, Nippon Kodoshi's own Dividend Payout Ratio has ranged from 0.08 to 0.36 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.47, Nippon Kodoshi 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 Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,213 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. Nippon Kodoshi's current Dividend Payout Ratio of 0.74 is 57.4% 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 Nippon Kodoshi and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Kodoshi's current Dividend Payout Ratio is 0.74, which is 252% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nippon Kodoshi stock overvalued right now?

Based on GuruFocus' analysis, Nippon Kodoshi (TSE:3891) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,442.07, compared to a current price of 円8,620.00 — trading 253% above its estimated fair value. The current Dividend Payout Ratio is 0.74, which is 252% above median its 10-year median of 0.21 and 57.4% above the Hardware industry median of 0.47. Nippon Kodoshi's overall GF Score™ is 69/100 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 Nippon Kodoshi (TSE:3891), the current Dividend Payout Ratio is 0.74 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 Nippon Kodoshi (TSE:3891) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Kodoshi stock appears to be overvalued. The current stock price of 円8,620.00 is trading 253% above its estimated GF Value™ of 円2,442.07. GuruFocus considers Nippon Kodoshi to be Significantly Overvalued.

Key valuation signals for TSE:3891:

Dividend Payout Ratio: 0.74 (252% above median its 10-year median of 0.21)
GF Value™: 円2,442.07 vs. price of 円8,620.00 (253% above fair value)
GF Score™: 69/100 with 3 warning signs
Industry Position: 57.4% above the Hardware median (#426 of 1213)

No single metric tells the full story. See the TSE:3891 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Kodoshi Business Description

Industry Technology Hardware

Comparable Companies TSE:6999 TSE:2760 TSE:6961 TSE:6227 TSE:6779 TSE:7433 TSE:5208 TSE:6929 TSE:6768 TSE:6524 APH GLW TPE:2308 TSE:6981 TPE:2317 XKRX:009150 SZSE:002475 SZSE:002384 TPE:2327 SHSE:600183

Address 648 Hirooka-kami, Haruno-Cho, Kochi, JPN, 781 0395

Website https://www.kodoshi.co.jp

Nippon Kodoshi Corp manufactures separators for aluminium electrolytic capacitors and batteries. The company is engaged in the fusion of paper and electronics, the search for new materials, and finding applications in electronic components.

69GF Score

Get the complete analysis for TSE:3891

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

円8,620.00

Price

円2,442.07

GF Value

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