TOKYO PRINTING INK MFG Co (TSE:4635) Dividend Payout Ratio: 0.50 (As of Mar. 2026) — 43% Above Median

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TOKYO PRINTING INK MFG Co Ltd TSE:4635

66 GF Score

Price 円1,370.00

GF Value 円791.53

Valuation Significantly Overvalued

1 Warning Sign

View Full Analysis

What is TOKYO PRINTING INK MFG Co Dividend Payout Ratio?

TOKYO PRINTING INK MFG Co TSE:4635 +0.22% 66 Dividend Payout Ratio is 0.50 as of Mar. 2026, which is 43% above its 10-year median of 0.35. GuruFocus rates TSE:4635 with a GF Score™ of 66/100 and a GF Value™ of 円791.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 907 Chemicals companies, TOKYO PRINTING INK MFG Co ranks worse than 62.73% 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. TOKYO PRINTING INK MFG Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.50.

The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Dividend Payout Ratio or its related term are showing as below:

TSE:4635' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.35 Max: 2.13
Current: 0.46

During the past 13 years, the highest Dividend Payout Ratio of TOKYO PRINTING INK MFG Co was 2.13. The lowest was 0.10. And the median was 0.35.

TSE:4635's Dividend Payout Ratio is ranked worse than
62.73% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4635: 0.46

As of today (2026-07-14), the Dividend Yield % of TOKYO PRINTING INK MFG Co is 4.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TOKYO PRINTING INK MFG Co was 5.16%. The lowest was 1.10%. And the median was 2.90%.

TOKYO PRINTING INK MFG Co's Dividends per Share for the months ended in Mar. 2026 was 円37.00.

During the past 12 months, TOKYO PRINTING INK MFG Co's average Dividends Per Share Growth Rate was 65.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 57.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TOKYO PRINTING INK MFG Co was 57.90% per year. The lowest was -10.50% per year. And the median was 0.00% 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.

TOKYO PRINTING INK MFG Co (TSE:4635) 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.

TOKYO PRINTING INK MFG Co Dividend Payout Ratio Related Terms

TOKYO PRINTING INK MFG Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co Dividend Payout Ratio Chart

TOKYO PRINTING INK MFG Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.33

2.13

0.26

0.45

TOKYO PRINTING INK MFG 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															0.21	0.55	0.42	0.40	0.50

TSE:4635 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Dividend Payout Ratio falls into.

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66GF Score

TOKYO PRINTING INK MFG Co Ltd TSE:4635

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

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TOKYO PRINTING INK MFG Co Dividend Payout Ratio Calculation

TOKYO PRINTING INK MFG 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 )
	=	63	/	138.944
	=	0.45

TOKYO PRINTING INK MFG 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 )
	=	37	/	74.031
	=	0.50

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.50 mean?

TOKYO PRINTING INK MFG Co (TSE:4635) has a Dividend Payout Ratio of 0.50 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on TOKYO PRINTING INK MFG Co and its competitors. This is 43% above median its historical median of 0.35. Over the past decade, TOKYO PRINTING INK MFG Co's Dividend Payout Ratio has ranged from 0.10 to 2.13. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #569 out of 907 companies in the Chemicals industry, placing it in the top 62.7%.

Is TOKYO PRINTING INK MFG Co's Dividend Payout Ratio too high?

TOKYO PRINTING INK MFG Co's current Dividend Payout Ratio of 0.50 is 43% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 2.13. The Chemicals industry median Dividend Payout Ratio is 0.36. TOKYO PRINTING INK MFG Co's value of 0.50 is 38.9% above this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #569 out of 907 companies in the Chemicals industry, which is below the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does TOKYO PRINTING INK MFG Co's Dividend Payout Ratio compare to LIN and SHW?

According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #569 out of 907 companies for Dividend Payout Ratio. This places TOKYO PRINTING INK MFG Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. TOKYO PRINTING INK MFG Co's value of 0.50 is 38.9% above this benchmark. Historically, TOKYO PRINTING INK MFG Co's own Dividend Payout Ratio has ranged from 0.10 to 2.13 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.36, TOKYO PRINTING INK MFG 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 Chemicals company?

The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 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. TOKYO PRINTING INK MFG Co's current Dividend Payout Ratio of 0.50 is 38.9% 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 TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current Dividend Payout Ratio is 0.50, which is 43% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TOKYO PRINTING INK MFG Co stock overvalued right now?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円791.53, compared to a current price of 円1,370.00 — trading 73.1% above its estimated fair value. The current Dividend Payout Ratio is 0.50, which is 43% above median its 10-year median of 0.35 and 38.9% above the Chemicals industry median of 0.36. TOKYO PRINTING INK MFG Co's overall GF Score™ is 66/100 with 1 warning sign 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current Dividend Payout Ratio is 0.50 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 73.1% above its estimated GF Value™ of 円791.53. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

Dividend Payout Ratio: 0.50 (43% above median its 10-year median of 0.35)
GF Value™: 円791.53 vs. price of 円1,370.00 (73.1% above fair value)
GF Score™: 66/100 with 1 warning sign
Industry Position: 38.9% above the Chemicals median (#569 of 907)

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOKYO PRINTING INK MFG Co Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:5018 TSE:5381 TSE:4409 TSE:4231 TSE:8152 TSE:4627 TSE:4367 TSE:4113 TSE:4100 TSE:4977 LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN

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

TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.

66GF Score

Get the complete analysis for TSE:4635

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

円1,370.00

Price

円791.53

GF Value

View TSE:4635 Analysis

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