Toami (TSE:5973) Dividend Payout Ratio: 0.37 (As of Mar. 2026) — Near Median

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TSE:5973 Toami Corp TSE:5973
73 GF Score
Price 円591.00
GF Value 円596.57
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Toami Dividend Payout Ratio?

Toami TSE:5973 +0.34% 73 Dividend Payout Ratio is 0.37 as of Mar. 2026, which is 3% above its 10-year median of 0.36. GuruFocus rates TSE:5973 with a GF Score™ of 73/100 and a GF Value™ of 円596.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 269 Steel companies, Toami 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. Toami's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.37.

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

TSE:5973' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.36   Max: 1.53
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Toami was 1.53. The lowest was 0.27. And the median was 0.36.

TSE:5973's Dividend Payout Ratio is ranked better than
53.16% of 269 companies
in the Steel industry
Industry Median: 0.38 vs TSE:5973: 0.36

As of today (2026-08-02), the Dividend Yield % of Toami is 2.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Toami was 4.37%. The lowest was 2.41%. And the median was 2.95%.

Toami's Dividends per Share for the months ended in Mar. 2026 was 円9.00.

During the past 12 months, Toami's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toami was 4.30% per year. The lowest was -20.60% 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.

Toami (TSE:5973) 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.

Toami Dividend Payout Ratio Related Terms

Toami Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Toami'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.

Toami Dividend Payout Ratio Chart

Toami 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 1.53 0.00 0.33 0.00 0.38

Toami 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 0.27 0.00 0.77 0.36 0.37

TSE:5973 vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, Toami'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.

Toami Dividend Payout Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Toami's Dividend Payout Ratio distribution charts can be found below:

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


TSE:5973
73GF Score
Toami Corp TSE:5973
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toami 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.

Toami'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 )
=17/ 44.665
=0.38

Toami'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 )
=9/ 24.345
=0.37

* 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 0.37 mean?
Toami (TSE:5973) has a Dividend Payout Ratio of 0.37 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Toami and its competitors. This is near median its historical median of 0.36. Over the past decade, Toami's Dividend Payout Ratio has ranged from 0.27 to 1.53. According to the industry distribution chart, Toami ranks #126 out of 269 companies in the Steel industry, placing it in the top 46.8%.
Is Toami's Dividend Payout Ratio too high?
Toami's current Dividend Payout Ratio of 0.37 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.53. The Steel industry median Dividend Payout Ratio is 0.38. Toami's value of 0.37 is 2.6% below this industry median. Based on the distribution chart, Toami ranks #126 out of 269 companies in the Steel industry, which is above the industry midpoint. Overall, Toami has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toami's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Toami ranks #126 out of 269 companies for Dividend Payout Ratio. This puts Toami in the upper half of its industry. The industry median Dividend Payout Ratio is 0.38. Toami's value of 0.37 is 2.6% below this benchmark. Historically, Toami's own Dividend Payout Ratio has ranged from 0.27 to 1.53 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.38, Toami has consistently been below 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 Steel company?
The median Dividend Payout Ratio among Steel companies is 0.38, based on 269 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. Toami's current Dividend Payout Ratio of 0.37 is 2.6% below 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 Toami and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toami's current Dividend Payout Ratio is 0.37, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toami stock overvalued right now?
Based on GuruFocus' analysis, Toami (TSE:5973) is currently considered Fairly Valued. The stock's GF Value™ is 円596.57, compared to a current price of 円591.00 — trading 0.9% below its estimated fair value. The current Dividend Payout Ratio is 0.37, which is near median its 10-year median of 0.36 and 2.6% below the Steel industry median of 0.38. Toami's overall GF Score™ is 73/100 with 7 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 Toami (TSE:5973), the current Dividend Payout Ratio is 0.37 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 Toami (TSE:5973) Overvalued in 2026?

Based on GuruFocus' analysis, Toami stock appears to be undervalued. The current stock price of 円591.00 is trading 0.9% below its estimated GF Value™ of 円596.57. GuruFocus considers Toami to be Fairly Valued.

Key valuation signals for TSE:5973:

  • Dividend Payout Ratio: 0.37 (near median its 10-year median of 0.36)
  • GF Value™: 円596.57 vs. price of 円591.00 (0.9% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 2.6% below the Steel median (#126 of 269)

No single metric tells the full story. See the TSE:5973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toami Business Description

Address 10-20 Nakano-Shinmachi, Shijo Nawate, Osaka, JPN, 575 0054
Toami Corp manufactures and sells welded wire mesh and special welded wire mesh for civil engineering works. It offers welded wire fabrics, welded plates, galvanized iron wires, spiral hoops, net welded wires, and plastic-coated wires, among others. The company's business segment includes Civil engineering and Construction materials business segment and the Civil engineering and construction work business segment. The company generates the majority of its revenue from the Civil engineering and construction material segment.
73GF Score

Get the complete analysis for TSE:5973

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

円591.00
Price
円596.57
GF Value