Mirai Industry Co (TSE:7931) Dividend Payout Ratio: 0.61 (As of Mar. 2026) — 91% Above Median


TSE:7931 Mirai Industry Co Ltd TSE:7931
86 GF Score
Price 円3,210.00
GF Value 円3,779.33
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Mirai Industry Co Dividend Payout Ratio?

Mirai Industry Co TSE:7931 +0.47% 86 Dividend Payout Ratio is 0.61 as of Mar. 2026, which is 91% above its 10-year median of 0.32. GuruFocus rates TSE:7931 with a GF Score™ of 86/100 and a GF Value™ of 円3,779.33 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,719 Industrial Products companies, Mirai Industry Co ranks worse than 64.22% 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. Mirai Industry Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.61.

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

TSE:7931' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.32   Max: 0.5
Current: 0.5

During the past 13 years, the highest Dividend Payout Ratio of Mirai Industry Co was 0.50. The lowest was 0.16. And the median was 0.32.

TSE:7931's Dividend Payout Ratio is ranked worse than
64.22% of 1719 companies
in the Industrial Products industry
Industry Median: 0.37 vs TSE:7931: 0.50

As of today (2026-07-09), the Dividend Yield % of Mirai Industry Co is 4.54%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mirai Industry Co was 4.95%. The lowest was 0.79%. And the median was 2.51%.

Mirai Industry Co's Dividends per Share for the months ended in Mar. 2026 was 円95.00.

During the past 12 months, Mirai Industry Co's average Dividends Per Share Growth Rate was -3.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 42.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mirai Industry Co was 55.40% per year. The lowest was 7.70% per year. And the median was 42.60% 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.

Mirai Industry Co (TSE:7931) 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.

Mirai Industry Co Dividend Payout Ratio Related Terms

Mirai Industry Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mirai Industry 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.

Mirai Industry Co Dividend Payout Ratio Chart

Mirai Industry 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 0.33 0.31 0.49 0.50 0.50

Mirai Industry 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 0.58 0.34 0.66 0.37 0.61

TSE:7931 vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, Mirai Industry 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.

Mirai Industry Co Dividend Payout Ratio vs Industrial Products Industry

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

* The bar in red indicates where Mirai Industry Co's Dividend Payout Ratio falls into.


TSE:7931
86GF Score
Mirai Industry Co Ltd TSE:7931
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirai Industry 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.

Mirai Industry 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 )
=145/ 290.902
=0.50

Mirai Industry 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 )
=95/ 155.179
=0.61

* 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 0.61 mean?
Mirai Industry Co (TSE:7931) has a Dividend Payout Ratio of 0.61 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mirai Industry Co and its competitors. This is 91% above median its historical median of 0.32. Over the past decade, Mirai Industry Co's Dividend Payout Ratio has ranged from 0.16 to 0.50. According to the industry distribution chart, Mirai Industry Co ranks #1104 out of 1719 companies in the Industrial Products industry, placing it in the top 64.2%.
Is Mirai Industry Co's Dividend Payout Ratio too high?
Mirai Industry Co's current Dividend Payout Ratio of 0.61 is 91% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.50. The Industrial Products industry median Dividend Payout Ratio is 0.37. Mirai Industry Co's value of 0.61 is 64.9% above this industry median. Based on the distribution chart, Mirai Industry Co ranks #1104 out of 1719 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mirai Industry Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirai Industry Co's Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mirai Industry Co ranks #1104 out of 1719 companies for Dividend Payout Ratio. This places Mirai Industry Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Mirai Industry Co's value of 0.61 is 64.9% above this benchmark. Historically, Mirai Industry Co's own Dividend Payout Ratio has ranged from 0.16 to 0.50 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.37, Mirai Industry 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 an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,719 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. Mirai Industry Co's current Dividend Payout Ratio of 0.61 is 64.9% 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 Mirai Industry Co 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. Mirai Industry Co's current Dividend Payout Ratio is 0.61, which is 91% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirai Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Mirai Industry Co (TSE:7931) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,779.33, compared to a current price of 円3,210.00 — trading 15.1% below its estimated fair value. The current Dividend Payout Ratio is 0.61, which is 91% above median its 10-year median of 0.32 and 64.9% above the Industrial Products industry median of 0.37. Mirai Industry Co's overall GF Score™ is 86/100 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 Mirai Industry Co (TSE:7931), the current Dividend Payout Ratio is 0.61 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 Mirai Industry Co (TSE:7931) Overvalued in 2026?

Based on GuruFocus' analysis, Mirai Industry Co stock appears to be undervalued. The current stock price of 円3,210.00 is trading 15.1% below its estimated GF Value™ of 円3,779.33. GuruFocus considers Mirai Industry Co to be Modestly Undervalued.

Key valuation signals for TSE:7931:

  • Dividend Payout Ratio: 0.61 (91% above median its 10-year median of 0.32)
  • GF Value™: 円3,779.33 vs. price of 円3,210.00 (15.1% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 64.9% above the Industrial Products median (#1104 of 1719)

No single metric tells the full story. See the TSE:7931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mirai Industry Co Business Description

Address 1695-1 Niremata, Wanouchi-cho, Anpachi-gun, Gifu, JPN, 503-0201
Mirai Industry Co Ltd is engaged in the Manufacture and sale of electrical equipment materials, water supply and drainage equipment materials, and gas equipment materials. The segments of the company are the Electrical and Piping Materials business and the Wiring Device business.
86GF Score

Get the complete analysis for TSE:7931

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

円3,210.00
Price
円3,779.33
GF Value