Benefit Japan Co (TSE:3934) Dividend Payout Ratio: 0.90 (As of Mar. 2026) — 1025% Above Median


TSE:3934 Benefit Japan Co Ltd TSE:3934
81 GF Score
Price 円2,215.00
GF Value 円1,882.52
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Benefit Japan Co Dividend Payout Ratio?

Benefit Japan Co TSE:3934 +0.45% 81 Dividend Payout Ratio is 0.90 as of Mar. 2026, which is 1025% above its 10-year median of 0.08. GuruFocus rates TSE:3934 with a GF Score™ of 81/100 and a GF Value™ of 円1,882.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 190 Telecommunication Services companies, Benefit Japan Co ranks better than 53.16% 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. Benefit Japan Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.90.

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

TSE:3934' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.5
Current: 0.5


During the past 12 years, the highest Dividend Payout Ratio of Benefit Japan Co was 0.50. The lowest was 0.05. And the median was 0.08.

TSE:3934's Dividend Payout Ratio is ranked better than
53.16% of 190 companies
in the Telecommunication Services industry
Industry Median: 0.54 vs TSE:3934: 0.50

As of today (2026-07-13), the Dividend Yield % of Benefit Japan Co is 3.57%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Benefit Japan Co was 4.67%. The lowest was 0.28%. And the median was 0.73%.

Benefit Japan Co's Dividends per Share for the months ended in Mar. 2026 was 円85.00.

During the past 12 months, Benefit Japan Co's average Dividends Per Share Growth Rate was 97.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 111.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 64.00% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Benefit Japan Co was 111.40% per year. The lowest was 0.00% per year. And the median was 19.85% 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.


Benefit Japan Co (TSE:3934) 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.


Benefit Japan Co Dividend Payout Ratio Related Terms


Benefit Japan Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Benefit Japan 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.

Benefit Japan Co Dividend Payout Ratio Chart

Benefit Japan Co 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 0.05 0.08 0.19 0.30 0.49

Benefit Japan Co 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 0.40 0.00 0.51 0.00 0.90

TSE:3934 vs TMUS, VZ, T: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, Benefit Japan 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.


Benefit Japan Co Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Benefit Japan Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3934
81GF Score
Benefit Japan Co Ltd TSE:3934
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benefit Japan 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.

Benefit Japan Co'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 )
=85/ 171.908
=0.49

Benefit Japan Co'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 )
=85/ 94.929
=0.90

* 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 0.90 mean?
Benefit Japan Co (TSE:3934) has a Dividend Payout Ratio of 0.90 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Benefit Japan Co and its competitors. This is 1025% above median its historical median of 0.08. Over the past decade, Benefit Japan Co's Dividend Payout Ratio has ranged from 0.05 to 0.50. According to the industry distribution chart, Benefit Japan Co ranks #89 out of 190 companies in the Telecommunication Services industry, placing it in the top 46.8%.
Is Benefit Japan Co's Dividend Payout Ratio too high?
Benefit Japan Co's current Dividend Payout Ratio of 0.90 is 1025% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.50. The Telecommunication Services industry median Dividend Payout Ratio is 0.54. Benefit Japan Co's value of 0.90 is 66.7% above this industry median. Based on the distribution chart, Benefit Japan Co ranks #89 out of 190 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Benefit Japan Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Benefit Japan Co's Dividend Payout Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Benefit Japan Co ranks #89 out of 190 companies for Dividend Payout Ratio. This puts Benefit Japan Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.54. Benefit Japan Co's value of 0.90 is 66.7% above this benchmark. Historically, Benefit Japan Co's own Dividend Payout Ratio has ranged from 0.05 to 0.50 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.54, Benefit Japan Co 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 Telecommunication Services company?
The median Dividend Payout Ratio among Telecommunication Services companies is 0.54, based on 190 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. Benefit Japan Co's current Dividend Payout Ratio of 0.90 is 66.7% 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 Benefit Japan Co and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benefit Japan Co's current Dividend Payout Ratio is 0.90, which is 1025% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Benefit Japan Co (TSE:3934) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,882.52, compared to a current price of 円2,215.00 — trading 17.7% above its estimated fair value. The current Dividend Payout Ratio is 0.90, which is 1025% above median its 10-year median of 0.08 and 66.7% above the Telecommunication Services industry median of 0.54. Benefit Japan Co's overall GF Score™ is 81/100 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 Benefit Japan Co (TSE:3934), the current Dividend Payout Ratio is 0.90 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 Benefit Japan Co (TSE:3934) Overvalued in 2026?

Based on GuruFocus' analysis, Benefit Japan Co stock appears to be overvalued. The current stock price of 円2,215.00 is trading 17.7% above its estimated GF Value™ of 円1,882.52. GuruFocus considers Benefit Japan Co to be Modestly Overvalued.

Key valuation signals for TSE:3934:

  • Dividend Payout Ratio: 0.90 (1025% above median its 10-year median of 0.08)
  • GF Value™: 円1,882.52 vs. price of 円2,215.00 (17.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 66.7% above the Telecommunication Services median (#89 of 190)

No single metric tells the full story. See the TSE:3934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Benefit Japan Co Business Description

Address Doshomachi 1-chome, 5-18, Asahi Seimei Doshomachi Building, 8th Floor, Chuo-ku, Osaka, JPN, 150-988
Benefit Japan Co Ltd provides communication services. The company is a mobile virtual network operator, as well as an FVNO (virtual fixed-line telecommunications operator) servicer and provides internet options services and content, and support services. It provides its services under the Only Service brand name. The company's reportable segments are the Internet communication services business and the robotics business. The company generates the majority of its revenue from the Internet communication services business.
81GF Score

Get the complete analysis for TSE:3934

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

円2,215.00
Price
円1,882.52
GF Value