Aoyama Trading Co (TSE:8219) Dividend Payout Ratio: 0.54 (As of Mar. 2026) — 32% Above Median

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TSE:8219 Aoyama Trading Co Ltd TSE:8219
71 GF Score
Price 円707.00
GF Value 円649.24
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Aoyama Trading Co Dividend Payout Ratio?

Aoyama Trading Co TSE:8219 71 Dividend Payout Ratio is 0.54 as of Mar. 2026, which is 32% above its 10-year median of 0.41. GuruFocus rates TSE:8219 with a GF Score™ of 71/100 and a GF Value™ of 円649.24 (Fairly Valued). The stock has 3 warning signs investors should review. Among 506 Retail - Cyclical companies, Aoyama Trading Co ranks worse than 80.24% 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. Aoyama Trading Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.54.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Aoyama Trading Co Ltd is 0.85, which seems too high.

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

TSE:8219' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.41   Max: 2.24
Current: 0.85

During the past 13 years, the highest Dividend Payout Ratio of Aoyama Trading Co was 2.24. The lowest was 0.14. And the median was 0.41.

TSE:8219's Dividend Payout Ratio is ranked worse than
80.24% of 506 companies
in the Retail - Cyclical industry
Industry Median: 0.415 vs TSE:8219: 0.85

As of today (2026-07-14), the Dividend Yield % of Aoyama Trading Co is 6.41%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Aoyama Trading Co was 11.27%. The lowest was 0.75%. And the median was 2.97%.

Aoyama Trading Co's Dividends per Share for the months ended in Mar. 2026 was 円27.00.

During the past 12 months, Aoyama Trading Co's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 73.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aoyama Trading Co was 155.90% per year. The lowest was -56.90% per year. And the median was 7.70% 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.

Aoyama Trading Co (TSE:8219) 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.

Aoyama Trading Co Dividend Payout Ratio Related Terms

Aoyama Trading Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Aoyama Trading 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.

Aoyama Trading Co Dividend Payout Ratio Chart

Aoyama Trading 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 0.14 0.21 0.27 0.69 0.85

Aoyama Trading Co 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 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 0.69 0.00 0.00 0.00 0.54

TSE:8219 vs TJX, ROST, BURL: Dividend Payout Ratio Comparison

For the Apparel Retail subindustry, Aoyama Trading 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.

Aoyama Trading Co Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:8219
71GF Score
Aoyama Trading Co Ltd TSE:8219
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Trading 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.

Aoyama Trading 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 )
=45.333/ 53.37
=0.85

Aoyama Trading 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 )
=27/ 50.36
=0.54

* 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 0.54 mean?
Aoyama Trading Co (TSE:8219) has a Dividend Payout Ratio of 0.54 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Aoyama Trading Co and its competitors. This is 32% above median its historical median of 0.41. Over the past decade, Aoyama Trading Co's Dividend Payout Ratio has ranged from 0.14 to 2.24. According to the industry distribution chart, Aoyama Trading Co ranks #406 out of 506 companies in the Retail - Cyclical industry, placing it in the top 80.2%.
Is Aoyama Trading Co's Dividend Payout Ratio too high?
Aoyama Trading Co's current Dividend Payout Ratio of 0.54 is 32% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 2.24. The Retail - Cyclical industry median Dividend Payout Ratio is 0.42. Aoyama Trading Co's value of 0.54 is 30.1% above this industry median. Based on the distribution chart, Aoyama Trading Co ranks #406 out of 506 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Aoyama Trading Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Trading Co's Dividend Payout Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Aoyama Trading Co ranks #406 out of 506 companies for Dividend Payout Ratio. This places Aoyama Trading Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Aoyama Trading Co's value of 0.54 is 30.1% above this benchmark. Historically, Aoyama Trading Co's own Dividend Payout Ratio has ranged from 0.14 to 2.24 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.42, Aoyama Trading 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 a Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.42, based on 506 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. Aoyama Trading Co's current Dividend Payout Ratio of 0.54 is 30.1% 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 Aoyama Trading Co and its competitors. For the Retail - Cyclical 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. Aoyama Trading Co's current Dividend Payout Ratio is 0.54, which is 32% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Trading Co (TSE:8219) is currently considered Fairly Valued. The stock's GF Value™ is 円649.24, compared to a current price of 円707.00 — trading 8.9% above its estimated fair value. The current Dividend Payout Ratio is 0.54, which is 32% above median its 10-year median of 0.41 and 30.1% above the Retail - Cyclical industry median of 0.42. Aoyama Trading Co's overall GF Score™ is 71/100 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 Aoyama Trading Co (TSE:8219), the current Dividend Payout Ratio is 0.54 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 Aoyama Trading Co (TSE:8219) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Trading Co stock appears to be overvalued. The current stock price of 円707.00 is trading 8.9% above its estimated GF Value™ of 円649.24. GuruFocus considers Aoyama Trading Co to be Fairly Valued.

Key valuation signals for TSE:8219:

  • Dividend Payout Ratio: 0.54 (32% above median its 10-year median of 0.41)
  • GF Value™: 円649.24 vs. price of 円707.00 (8.9% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 30.1% above the Retail - Cyclical median (#406 of 506)

No single metric tells the full story. See the TSE:8219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aoyama Trading Co Business Description

Other Exchanges 9B7:Germany
Address 1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556
Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.
71GF Score

Get the complete analysis for TSE:8219

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

円707.00
Price
円649.24
GF Value