Kikusui Holdings (TSE:6912) Dividend Payout Ratio: 0.50 (As of Mar. 2026) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6912 Kikusui Holdings Corp TSE:6912
84 GF Score
Price 円1,992.00
GF Value 円1,639.46
Valuation Modestly Overvalued
View Full Analysis

What is Kikusui Holdings Dividend Payout Ratio?

Kikusui Holdings TSE:6912 +0.86% 84 Dividend Payout Ratio is 0.50 as of Mar. 2026, which is 32% above its 10-year median of 0.38. GuruFocus rates TSE:6912 with a GF Score™ of 84/100 and a GF Value™ of 円1,639.46 (Modestly Overvalued). Among 1,720 Industrial Products companies, Kikusui Holdings ranks better than 60.06% 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. Kikusui Holdings's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.50.

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

TSE:6912' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.66
Current: 0.31


During the past 13 years, the highest Dividend Payout Ratio of Kikusui Holdings was 0.66. The lowest was 0.30. And the median was 0.38.

TSE:6912's Dividend Payout Ratio is ranked better than
60.06% of 1720 companies
in the Industrial Products industry
Industry Median: 0.37 vs TSE:6912: 0.31

As of today (2026-07-15), the Dividend Yield % of Kikusui Holdings is 2.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kikusui Holdings was 4.42%. The lowest was 1.27%. And the median was 2.91%.

Kikusui Holdings's Dividends per Share for the months ended in Mar. 2026 was 円59.00.

During the past 12 months, Kikusui Holdings's average Dividends Per Share Growth Rate was 11.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kikusui Holdings was 33.00% per year. The lowest was -5.90% per year. And the median was 3.20% 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.


Kikusui Holdings (TSE:6912) 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.


Kikusui Holdings Dividend Payout Ratio Related Terms


Kikusui Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Kikusui Holdings'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.

Kikusui Holdings Dividend Payout Ratio Chart

Kikusui Holdings 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 0.35 0.30 0.30 0.31 0.31

Kikusui Holdings 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 0.50 0.00 0.52 0.00 0.50

TSE:6912 vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, Kikusui Holdings'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.


Kikusui Holdings Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kikusui Holdings's Dividend Payout Ratio distribution charts can be found below:

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


TSE:6912
84GF Score
Kikusui Holdings Corp TSE:6912
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kikusui Holdings 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.

Kikusui Holdings'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 )
=59/ 193.245
=0.31

Kikusui Holdings'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 )
=59/ 118.443
=0.50

* 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 0.50 mean?
Kikusui Holdings (TSE:6912) 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 Kikusui Holdings and its competitors. This is 32% above median its historical median of 0.38. Over the past decade, Kikusui Holdings' Dividend Payout Ratio has ranged from 0.30 to 0.66. According to the industry distribution chart, Kikusui Holdings ranks #687 out of 1720 companies in the Industrial Products industry, placing it in the top 39.9%.
Is Kikusui Holdings' Dividend Payout Ratio too high?
Kikusui Holdings' current Dividend Payout Ratio of 0.50 is 32% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.66. The Industrial Products industry median Dividend Payout Ratio is 0.37. Kikusui Holdings' value of 0.50 is 35.1% above this industry median. Based on the distribution chart, Kikusui Holdings ranks #687 out of 1720 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kikusui Holdings has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kikusui Holdings' Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Kikusui Holdings ranks #687 out of 1720 companies for Dividend Payout Ratio. This puts Kikusui Holdings in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Kikusui Holdings' value of 0.50 is 35.1% above this benchmark. Historically, Kikusui Holdings' own Dividend Payout Ratio has ranged from 0.30 to 0.66 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.37, Kikusui Holdings 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 an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,720 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. Kikusui Holdings's current Dividend Payout Ratio of 0.50 is 35.1% 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 Kikusui Holdings and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kikusui Holdings's current Dividend Payout Ratio is 0.50, which is 32% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikusui Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kikusui Holdings (TSE:6912) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,639.46, compared to a current price of 円1,992.00 — trading 21.5% above its estimated fair value. The current Dividend Payout Ratio is 0.50, which is 32% above median its 10-year median of 0.38 and 35.1% above the Industrial Products industry median of 0.37. Kikusui Holdings' overall GF Score™ is 84/100. 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 Kikusui Holdings (TSE:6912), 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 Kikusui Holdings (TSE:6912) Overvalued in 2026?

Based on GuruFocus' analysis, Kikusui Holdings stock appears to be overvalued. The current stock price of 円1,992.00 is trading 21.5% above its estimated GF Value™ of 円1,639.46. GuruFocus considers Kikusui Holdings to be Modestly Overvalued.

Key valuation signals for TSE:6912:

  • Dividend Payout Ratio: 0.50 (32% above median its 10-year median of 0.38)
  • GF Value™: 円1,639.46 vs. price of 円1,992.00 (21.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 35.1% above the Industrial Products median (#687 of 1720)

No single metric tells the full story. See the TSE:6912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikusui Holdings Business Description

Address 6-1 Chigasakichuo, Southwood 4 Floor, Tsuzuki-ku, Kanagawa, Yokohama, JPN, 224-0023
Kikusui Holdings Corp is engaged in the manufacture and sale of electrical instruments business. The activities of the company include production, development, sales, service, quality assurance, and sales promotion.
84GF Score

Get the complete analysis for TSE:6912

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

円1,992.00
Price
円1,639.46
GF Value