Mitani (TSE:8066) Dividend Payout Ratio: 0.61 (As of Mar. 2026) — 165% Above Median

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 →

Valuation Modestly Overvalued

3 Warning Signs

View Full Analysis

What is Mitani Dividend Payout Ratio?

Mitani TSE:8066 +1.02% 76 Dividend Payout Ratio is 0.61 as of Mar. 2026, which is 165% above its 10-year median of 0.23. GuruFocus rates TSE:8066 with a GF Score™ of 76/100 and a GF Value™ of 円2,127.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 312 Conglomerates companies, Mitani ranks better than 52.56% 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. Mitani's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.61.

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

TSE:8066' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.23 Max: 0.35
Current: 0.35

During the past 13 years, the highest Dividend Payout Ratio of Mitani was 0.35. The lowest was 0.09. And the median was 0.23.

TSE:8066's Dividend Payout Ratio is ranked better than
52.56% of 312 companies
in the Conglomerates industry
Industry Median: 0.36 vs TSE:8066: 0.35

As of today (2026-07-15), the Dividend Yield % of Mitani is 3.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mitani was 4.11%. The lowest was 0.70%. And the median was 1.70%.

Mitani's Dividends per Share for the months ended in Mar. 2026 was 円53.00.

During the past 12 months, Mitani's average Dividends Per Share Growth Rate was 47.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 34.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 29.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 26.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitani was 42.50% per year. The lowest was -6.20% per year. And the median was 24.70% 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.

Mitani (TSE:8066) 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.

Mitani Dividend Payout Ratio Related Terms

Mitani Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mitani'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.

Mitani Dividend Payout Ratio Chart

Mitani Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.23

0.24

0.27

0.28

0.35

Mitani 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															0.50	0.00	0.65	0.00	0.61

TSE:8066 vs HON, MMM: Dividend Payout Ratio Comparison

For the Conglomerates subindustry, Mitani'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.

Mitani Dividend Payout Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitani's Dividend Payout Ratio distribution charts can be found below:

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

Save Embed

76GF Score

Mitani Corp TSE:8066

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

View Full Analysis

Mitani Dividend Payout Ratio Calculation

Mitani'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 )
	=	97	/	279.354
	=	0.35

Mitani'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 )
	=	53	/	86.569
	=	0.61

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.61 mean?

Mitani (TSE:8066) 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 Mitani and its competitors. This is 165% above median its historical median of 0.23. Over the past decade, Mitani's Dividend Payout Ratio has ranged from 0.09 to 0.35. According to the industry distribution chart, Mitani ranks #148 out of 312 companies in the Conglomerates industry, placing it in the top 47.4%.

Is Mitani's Dividend Payout Ratio too high?

Mitani's current Dividend Payout Ratio of 0.61 is 165% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.35. The Conglomerates industry median Dividend Payout Ratio is 0.36. Mitani's value of 0.61 is 69.4% above this industry median. Based on the distribution chart, Mitani ranks #148 out of 312 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mitani has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mitani's Dividend Payout Ratio compare to HON and MMM?

According to the Conglomerates industry distribution chart, Mitani ranks #148 out of 312 companies for Dividend Payout Ratio. This puts Mitani in the upper half of its industry. The industry median Dividend Payout Ratio is 0.36. Mitani's value of 0.61 is 69.4% above this benchmark. Historically, Mitani's own Dividend Payout Ratio has ranged from 0.09 to 0.35 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.36, Mitani 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 Conglomerates company?

The median Dividend Payout Ratio among Conglomerates companies is 0.36, based on 312 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. Mitani's current Dividend Payout Ratio of 0.61 is 69.4% 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 Mitani and its competitors. For the Conglomerates 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. Mitani's current Dividend Payout Ratio is 0.61, which is 165% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mitani stock overvalued right now?

Based on GuruFocus' analysis, Mitani (TSE:8066) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,127.07, compared to a current price of 円2,773.00 — trading 30.4% above its estimated fair value. The current Dividend Payout Ratio is 0.61, which is 165% above median its 10-year median of 0.23 and 69.4% above the Conglomerates industry median of 0.36. Mitani's overall GF Score™ is 76/100 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 Mitani (TSE:8066), 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 Mitani (TSE:8066) Overvalued in 2026?

Based on GuruFocus' analysis, Mitani stock appears to be overvalued. The current stock price of 円2,773.00 is trading 30.4% above its estimated GF Value™ of 円2,127.07. GuruFocus considers Mitani to be Modestly Overvalued.

Key valuation signals for TSE:8066:

Dividend Payout Ratio: 0.61 (165% above median its 10-year median of 0.23)
GF Value™: 円2,127.07 vs. price of 円2,773.00 (30.4% above fair value)
GF Score™: 76/100 with 3 warning signs
Industry Position: 69.4% above the Conglomerates median (#148 of 312)

No single metric tells the full story. See the TSE:8066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitani Business Description

Industry Industrials Conglomerates

Comparable Companies TSE:4665 TSE:8133 TSE:5331 TSE:4206 TSE:2432 TSE:9003 TSE:3106 TSE:3498 TSE:3167 TSE:3076 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Address 1-6-5 Marunouchi, Tokyo Marunouchi North Exit Building, 2 Floor, Chiyoda-ku, Tokyo, JPN

Website http://www.mitani-corp.co.jp

Mitani Corp is in the businesses of Information systems, Construction, Energy and other businesses. The firm's information systems business comprises of system integration focusing on planning, developing, managing and supporting computer systems, networks, and software as well as the sale of related devices. Construction business develops, sells and manages construction materials. Its energy business sells oil, petrochemical products, coal and liquid petroleum gas. Other businesses of the firm include wind power, industrial equipment, storage facilities, lease services, restaurant management and senior lifestyle businesses.

76GF Score

Get the complete analysis for TSE:8066

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

円2,773.00

Price

円2,127.07

GF Value

View TSE:8066 Analysis

See Dividend Payout Ratio data for all stocks →