Starts Publishing (TSE:7849) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

Author:

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.

View Profile →

Reviewed by:

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.

View Profile →

Starts Publishing Corp TSE:7849

86 GF Score

Price 円3,490.00

GF Value 円3,953.56

Valuation Modestly Undervalued

2 Warning Signs

View Full Analysis

What is Starts Publishing Dividend Payout Ratio?

Starts Publishing TSE:7849 -0.43% 86 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TSE:7849 with a GF Score™ of 86/100 and a GF Value™ of 円3,953.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 323 Media - Diversified companies, Starts Publishing ranks better than 75.54% 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. Starts Publishing's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

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

TSE:7849' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.19 Max: 0.39
Current: 0.31

During the past 13 years, the highest Dividend Payout Ratio of Starts Publishing was 0.39. The lowest was 0.13. And the median was 0.19.

TSE:7849's Dividend Payout Ratio is ranked better than
75.54% of 323 companies
in the Media - Diversified industry
Industry Median: 0.5 vs TSE:7849: 0.31

As of today (2026-07-14), the Dividend Yield % of Starts Publishing is 3.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Starts Publishing was 3.71%. The lowest was 0.58%. And the median was 1.35%.

Starts Publishing's Dividends per Share for the months ended in Dec. 2025 was 円0.00.

During the past 12 months, Starts Publishing's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 53.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Starts Publishing was 79.60% per year. The lowest was 0.00% per year. And the median was 5.30% 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.

Starts Publishing (TSE:7849) 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.

Starts Publishing Dividend Payout Ratio Related Terms

Starts Publishing Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Starts Publishing'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.

Starts Publishing Dividend Payout Ratio Chart

Starts Publishing Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.13

0.20

0.13

0.24

0.35

Starts Publishing Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.57	0.00	0.00	0.00

TSE:7849 vs NYT, WLY: Dividend Payout Ratio Comparison

For the Publishing subindustry, Starts Publishing'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.

Starts Publishing Dividend Payout Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Starts Publishing's Dividend Payout Ratio distribution charts can be found below:

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

Save Embed

86GF Score

Starts Publishing Corp TSE:7849

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

View Full Analysis

Starts Publishing Dividend Payout Ratio Calculation

Starts Publishing's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	120	/	348.289
	=	0.34

Starts Publishing's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2025 )	/	EPS without NRI (Q: Dec. 2025 )
	=	0	/	0
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Starts Publishing (TSE:7849) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Starts Publishing and its competitors. Over the past decade, Starts Publishing's Dividend Payout Ratio has ranged from 0.13 to 0.39. According to the industry distribution chart, Starts Publishing ranks #79 out of 323 companies in the Media - Diversified industry, placing it in the top 24.5%.

Is Starts Publishing's Dividend Payout Ratio too high?

Starts Publishing's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.39. Based on the distribution chart, Starts Publishing ranks #79 out of 323 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Starts Publishing has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Starts Publishing's Dividend Payout Ratio compare to NYT and WLY?

According to the Media - Diversified industry distribution chart, Starts Publishing ranks #79 out of 323 companies for Dividend Payout Ratio. This places Starts Publishing in the top 25% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.50. Historically, Starts Publishing's own Dividend Payout Ratio has ranged from 0.13 to 0.39 over the past decade. 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 Media - Diversified company?

The median Dividend Payout Ratio among Media - Diversified companies is 0.50, based on 323 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. 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 Starts Publishing and its competitors. For the Media - Diversified industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Publishing's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Starts Publishing stock overvalued right now?

Based on GuruFocus' analysis, Starts Publishing (TSE:7849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,953.56, compared to a current price of 円3,490.00 — trading 11.7% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Starts Publishing's overall GF Score™ is 86/100 with 2 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 Starts Publishing (TSE:7849), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. 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 Starts Publishing (TSE:7849) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Publishing stock appears to be undervalued. The current stock price of 円3,490.00 is trading 11.7% below its estimated GF Value™ of 円3,953.56. GuruFocus considers Starts Publishing to be Modestly Undervalued.

Key valuation signals for TSE:7849:

Dividend Payout Ratio: 0.00
GF Value™: 円3,953.56 vs. price of 円3,490.00 (11.7% below fair value)
GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TSE:7849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Starts Publishing Business Description

Industry Communication Services Media - Diversified

Comparable Companies TSE:6176 TSE:500A TSE:7875 TSE:9475 TSE:3641 TSE:9478 NGO:9471 TSE:2408 TSE:3678 TSE:2376 LSE:INF NYT LSE:PSON SHSE:601928 TSE:9468 SHSE:601098 SZSE:300364 WLY SHSE:603000 SHSE:601921

Address 5-33-14 Nakakasai, Edogawa-ku, Tokyo, JPN, 104-0031

Website http://starts-pub.jp

Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain. Its segments include: Book content business; and Media Solutions Business. It derives maximum revenue from Book content business segment.

86GF Score

Get the complete analysis for TSE:7849

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

円3,490.00

Price

円3,953.56

GF Value

View TSE:7849 Analysis

See Dividend Payout Ratio data for all stocks →