Nagase (TSE:8012) Dividend Payout Ratio: 0.74 (As of Mar. 2026) — 100% Above Median

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Nagase & Co Ltd TSE:8012

81 GF Score

Price 円1,154.50

GF Value 円829.91

Valuation Significantly Overvalued

2 Warning Signs

View Full Analysis

What is Nagase Dividend Payout Ratio?

Nagase TSE:8012 +1.67% 81 Dividend Payout Ratio is 0.74 as of Mar. 2026, which is 100% above its 10-year median of 0.37. GuruFocus rates TSE:8012 with a GF Score™ of 81/100 and a GF Value™ of 円829.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 907 Chemicals companies, Nagase ranks better than 55.68% 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. Nagase's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.74.

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

TSE:8012' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.37 Max: 0.46
Current: 0.33

During the past 13 years, the highest Dividend Payout Ratio of Nagase was 0.46. The lowest was 0.24. And the median was 0.37.

TSE:8012's Dividend Payout Ratio is ranked better than
55.68% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:8012: 0.33

As of today (2026-07-14), the Dividend Yield % of Nagase is 2.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nagase was 4.28%. The lowest was 1.61%. And the median was 2.64%.

Nagase's Dividends per Share for the months ended in Mar. 2026 was 円13.75.

During the past 12 months, Nagase's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nagase was 32.60% per year. The lowest was -14.50% per year. And the median was 9.50% 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.

Nagase (TSE:8012) 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.

Nagase Dividend Payout Ratio Related Terms

Nagase Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nagase'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.

Nagase Dividend Payout Ratio Chart

Nagase Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.24

0.35

0.44

0.39

0.33

Nagase Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.97	0.00	0.67	0.00	0.74

TSE:8012 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Nagase'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.

Nagase Dividend Payout Ratio vs Chemicals Industry

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

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

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81GF Score

Nagase & Co Ltd TSE:8012

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

View Full Analysis

Nagase Dividend Payout Ratio Calculation

Nagase'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 )
	=	25	/	75.58
	=	0.33

Nagase'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 )
	=	13.75	/	18.708
	=	0.73

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.74 mean?

Nagase (TSE:8012) has a Dividend Payout Ratio of 0.74 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nagase and its competitors. This is 100% above median its historical median of 0.37. Over the past decade, Nagase's Dividend Payout Ratio has ranged from 0.24 to 0.46. According to the industry distribution chart, Nagase ranks #402 out of 907 companies in the Chemicals industry, placing it in the top 44.3%.

Is Nagase's Dividend Payout Ratio too high?

Nagase's current Dividend Payout Ratio of 0.74 is 100% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.46. The Chemicals industry median Dividend Payout Ratio is 0.36. Nagase's value of 0.74 is 105.6% above this industry median. Based on the distribution chart, Nagase ranks #402 out of 907 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nagase has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nagase's Dividend Payout Ratio compare to LIN and SHW?

According to the Chemicals industry distribution chart, Nagase ranks #402 out of 907 companies for Dividend Payout Ratio. This puts Nagase in the upper half of its industry. The industry median Dividend Payout Ratio is 0.36. Nagase's value of 0.74 is 105.6% above this benchmark. Historically, Nagase's own Dividend Payout Ratio has ranged from 0.24 to 0.46 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.36, Nagase 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 a Chemicals company?

The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 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. Nagase's current Dividend Payout Ratio of 0.74 is 105.6% 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 Nagase and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase's current Dividend Payout Ratio is 0.74, which is 100% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nagase stock overvalued right now?

Based on GuruFocus' analysis, Nagase (TSE:8012) is currently considered Significantly Overvalued. The stock's GF Value™ is 円829.91, compared to a current price of 円1,154.50 — trading 39.1% above its estimated fair value. The current Dividend Payout Ratio is 0.74, which is 100% above median its 10-year median of 0.37 and 105.6% above the Chemicals industry median of 0.36. Nagase's overall GF Score™ is 81/100 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 Nagase (TSE:8012), the current Dividend Payout Ratio is 0.74 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 Nagase (TSE:8012) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase stock appears to be overvalued. The current stock price of 円1,154.50 is trading 39.1% above its estimated GF Value™ of 円829.91. GuruFocus considers Nagase to be Significantly Overvalued.

Key valuation signals for TSE:8012:

Dividend Payout Ratio: 0.74 (100% above median its 10-year median of 0.37)
GF Value™: 円829.91 vs. price of 円1,154.50 (39.1% above fair value)
GF Score™: 81/100 with 2 warning signs
Industry Position: 105.6% above the Chemicals median (#402 of 907)

No single metric tells the full story. See the TSE:8012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nagase Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4631 TSE:4613 TSE:4205 TSE:7966 TSE:4966 TSE:4401 TSE:4626 TSE:4403 TSE:5301 TSE:4043 LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Other Exchanges NGSCF:USA P22:Germany

Address 1-1-17 Shinmachi, Nishi-ku, Osaka, JPN, 550-8668

Website https://www.nagase.co.jp

Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.

81GF Score

Get the complete analysis for TSE:8012

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

円1,154.50

Price

円829.91

GF Value

View TSE:8012 Analysis

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