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Shigematsu Works CoTSE:7980 +0.95%82 Dividend Payout Ratio is 0.21 as of Mar. 2026, which is 40% above its 10-year median of 0.15. GuruFocus rates TSE:7980 with a GF Score™ of 82/100 and a GF Value™ of 円967.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 277 Medical Devices & Instruments companies, Shigematsu Works Co ranks better than 91.7% 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. Shigematsu Works Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.21.
The historical rank and industry rank for Shigematsu Works Co's Dividend Payout Ratio or its related term are showing as below:
TSE:7980'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.15 Max: 1.74
Current: 0.13
During the past 13 years, the highest Dividend Payout Ratio of Shigematsu Works Co was 1.74. The lowest was 0.11. And the median was 0.15.
TSE:7980's Dividend Payout Ratio is ranked better than 91.7% of 277
companies
in the Medical Devices & Instruments industry
Industry Median: 0.42
vs TSE:7980: 0.13
During the past 5 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shigematsu Works Co was 26.00% per year. The lowest was -12.60% 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.
Shigematsu Works Co (TSE:7980) 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.
Shigematsu Works Co Dividend Payout Ratio Related Terms
Shigematsu Works Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Shigematsu Works 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.
TSE:7980 vs ISRG, BDX, MDLN: Dividend Payout Ratio Comparison
For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.
Shigematsu Works Co Dividend Payout Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shigematsu Works Co's Dividend Payout Ratio falls into.
Shigematsu Works 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.
Shigematsu Works Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Shigematsu Works Co (TSE:7980) has a Dividend Payout Ratio of 0.21 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Shigematsu Works Co and its competitors. This is 40% above median its historical median of 0.15. Over the past decade, Shigematsu Works Co's Dividend Payout Ratio has ranged from 0.11 to 1.74. According to the industry distribution chart, Shigematsu Works Co ranks #23 out of 277 companies in the Medical Devices & Instruments industry, placing it in the top 8.3%.
Is Shigematsu Works Co's Dividend Payout Ratio too high?
Shigematsu Works Co's current Dividend Payout Ratio of 0.21 is 40% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.74. The Medical Devices & Instruments industry median Dividend Payout Ratio is 0.42. Shigematsu Works Co's value of 0.21 is 50% below this industry median. Based on the distribution chart, Shigematsu Works Co ranks #23 out of 277 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Shigematsu Works Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shigematsu Works Co's Dividend Payout Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shigematsu Works Co ranks #23 out of 277 companies for Dividend Payout Ratio. This places Shigematsu Works Co in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.42. Shigematsu Works Co's value of 0.21 is 50% below this benchmark. Historically, Shigematsu Works Co's own Dividend Payout Ratio has ranged from 0.11 to 1.74 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.42, Shigematsu Works Co 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 Medical Devices & Instruments company?
The median Dividend Payout Ratio among Medical Devices & Instruments companies is 0.42, based on 277 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. Shigematsu Works Co's current Dividend Payout Ratio of 0.21 is 50% 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 Shigematsu Works Co and its competitors. For the Medical Devices & Instruments industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigematsu Works Co's current Dividend Payout Ratio is 0.21, which is 40% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigematsu Works Co stock overvalued right now?
Based on GuruFocus' analysis, Shigematsu Works Co (TSE:7980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.88, compared to a current price of 円848.00 — trading 12.4% below its estimated fair value. The current Dividend Payout Ratio is 0.21, which is 40% above median its 10-year median of 0.15 and 50% below the Medical Devices & Instruments industry median of 0.42. Shigematsu Works Co's overall GF Score™ is 82/100 with 3 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 Shigematsu Works Co (TSE:7980), the current Dividend Payout Ratio is 0.21 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 Shigematsu Works Co (TSE:7980) Overvalued in 2026?
Based on GuruFocus' analysis, Shigematsu Works Co stock appears to be undervalued.
The current stock price of 円848.00 is trading 12.4% below its estimated GF Value™ of 円967.88.
GuruFocus considers Shigematsu Works Co to be Modestly Undervalued.
Key valuation signals for TSE:7980:
Dividend Payout Ratio: 0.21 (40% above median its 10-year median of 0.15)
GF Value™: 円967.88 vs. price of 円848.00 (12.4% below fair value)
Industry Position: 50% below the Medical Devices & Instruments median (#23 of 277)
No single metric tells the full story. See the TSE:7980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.
82GF Score
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