Japan Pure Chemical Co (TSE:4973) Dividend Payout Ratio: 2.69 (As of Mar. 2026) — 334% Above Median

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TSE:4973 Japan Pure Chemical Co Ltd TSE:4973
70 GF Score
Price 円4,910.00
GF Value 円4,583.02
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Japan Pure Chemical Co Dividend Payout Ratio?

Japan Pure Chemical Co TSE:4973 -1.80% 70 Dividend Payout Ratio is 2.69 as of Mar. 2026, which is 334% above its 10-year median of 0.62. GuruFocus rates TSE:4973 with a GF Score™ of 70/100 and a GF Value™ of 円4,583.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 907 Chemicals companies, Japan Pure Chemical Co ranks worse than 95.26% 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. Japan Pure Chemical Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.69.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Pure Chemical Co Ltd is 2.03, which seems too high.

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

TSE:4973' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.62   Max: 2.03
Current: 2.03

During the past 13 years, the highest Dividend Payout Ratio of Japan Pure Chemical Co was 2.03. The lowest was 0.49. And the median was 0.62.

TSE:4973's Dividend Payout Ratio is ranked worse than
95.26% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4973: 2.03

As of today (2026-07-14), the Dividend Yield % of Japan Pure Chemical Co is 4.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Japan Pure Chemical Co was 4.45%. The lowest was 2.36%. And the median was 3.20%.

Japan Pure Chemical Co's Dividends per Share for the months ended in Mar. 2026 was 円137.00.

During the past 12 months, Japan Pure Chemical Co's average Dividends Per Share Growth Rate was 58.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Japan Pure Chemical Co was 35.70% per year. The lowest was 0.00% 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.

Japan Pure Chemical Co (TSE:4973) 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.

Japan Pure Chemical Co Dividend Payout Ratio Related Terms

Japan Pure Chemical Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Japan Pure Chemical 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.

Japan Pure Chemical Co Dividend Payout Ratio Chart

Japan Pure Chemical 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 0.49 0.83 1.40 1.53 2.03

Japan Pure Chemical 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 1.63 1.41 1.68 1.32 2.69

TSE:4973 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Japan Pure Chemical 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.

Japan Pure Chemical Co Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Japan Pure Chemical Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:4973
70GF Score
Japan Pure Chemical Co Ltd TSE:4973
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Pure Chemical 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.

Japan Pure Chemical 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 )
=200/ 98.598
=2.03

Japan Pure Chemical 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 )
=137/ 50.879
=2.69

* 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 2.69 mean?
Japan Pure Chemical Co (TSE:4973) has a Dividend Payout Ratio of 2.69 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Japan Pure Chemical Co and its competitors. This is 334% above median its historical median of 0.62. Over the past decade, Japan Pure Chemical Co's Dividend Payout Ratio has ranged from 0.49 to 2.03. According to the industry distribution chart, Japan Pure Chemical Co ranks #864 out of 907 companies in the Chemicals industry, placing it in the top 95.3%.
Is Japan Pure Chemical Co's Dividend Payout Ratio too high?
Japan Pure Chemical Co's current Dividend Payout Ratio of 2.69 is 334% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.03. The Chemicals industry median Dividend Payout Ratio is 0.36. Japan Pure Chemical Co's value of 2.69 is 647.2% above this industry median. Based on the distribution chart, Japan Pure Chemical Co ranks #864 out of 907 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Japan Pure Chemical Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Pure Chemical Co's Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Japan Pure Chemical Co ranks #864 out of 907 companies for Dividend Payout Ratio. This places Japan Pure Chemical Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Japan Pure Chemical Co's value of 2.69 is 647.2% above this benchmark. Historically, Japan Pure Chemical Co's own Dividend Payout Ratio has ranged from 0.49 to 2.03 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.36, Japan Pure Chemical 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. Japan Pure Chemical Co's current Dividend Payout Ratio of 2.69 is 647.2% 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 Japan Pure Chemical 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. Japan Pure Chemical Co's current Dividend Payout Ratio is 2.69, which is 334% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Pure Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Pure Chemical Co (TSE:4973) is currently considered Fairly Valued. The stock's GF Value™ is 円4,583.02, compared to a current price of 円4,910.00 — trading 7.1% above its estimated fair value. The current Dividend Payout Ratio is 2.69, which is 334% above median its 10-year median of 0.62 and 647.2% above the Chemicals industry median of 0.36. Japan Pure Chemical Co's overall GF Score™ is 70/100 with 5 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 Japan Pure Chemical Co (TSE:4973), the current Dividend Payout Ratio is 2.69 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 Japan Pure Chemical Co (TSE:4973) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Pure Chemical Co stock appears to be overvalued. The current stock price of 円4,910.00 is trading 7.1% above its estimated GF Value™ of 円4,583.02. GuruFocus considers Japan Pure Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4973:

  • Dividend Payout Ratio: 2.69 (334% above median its 10-year median of 0.62)
  • GF Value™: 円4,583.02 vs. price of 円4,910.00 (7.1% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 647.2% above the Chemicals median (#864 of 907)

No single metric tells the full story. See the TSE:4973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Pure Chemical Co Business Description

Address 3-10-18 Kitamachi, Nerima-ku, Tokyo, JPN, 179-0081
Japan Pure Chemical Co Ltd develops, manufactures, and sells precious metal plating chemicals for electronic devices in Japan. It offers gold electroplating formulation for semiconductor applications such as connector and soldering uses; and palladium electroplating formulation for the connector, lead frame, and decorative uses. The firm also provides a gold coating for soldering and wire bonding; electroless palladium plating formulation for wire bonding and soldering uses; and silver plating formulations. In addition, it offers strike gold plating formulation that enhances the adherence of plated coatings.
70GF Score

Get the complete analysis for TSE:4973

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

円4,910.00
Price
円4,583.02
GF Value