Tohbu Network Co (TSE:9036) Dividend Payout Ratio: 1.46 (As of Mar. 2026) — 595% Above Median


TSE:9036 Tohbu Network Co Ltd TSE:9036
66 GF Score
Price 円1,278.00
GF Value 円911.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tohbu Network Co Dividend Payout Ratio?

Tohbu Network Co TSE:9036 66 Dividend Payout Ratio is 1.46 as of Mar. 2026, which is 595% above its 10-year median of 0.21. GuruFocus rates TSE:9036 with a GF Score™ of 66/100 and a GF Value™ of 円911.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 562 Transportation companies, Tohbu Network Co ranks worse than 63.7% 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. Tohbu Network Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.46.

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

TSE:9036' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 1.43
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of Tohbu Network Co was 1.43. The lowest was 0.12. And the median was 0.21.

TSE:9036's Dividend Payout Ratio is ranked worse than
63.7% of 562 companies
in the Transportation industry
Industry Median: 0.45 vs TSE:9036: 0.57

As of today (2026-07-08), the Dividend Yield % of Tohbu Network Co is 1.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tohbu Network Co was 2.00%. The lowest was 1.18%. And the median was 1.55%.

Tohbu Network Co's Dividends per Share for the months ended in Mar. 2026 was 円12.50.

During the past 12 months, Tohbu Network Co's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tohbu Network Co was 26.00% per year. The lowest was 0.00% 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.

Tohbu Network Co (TSE:9036) 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.

Tohbu Network Co Dividend Payout Ratio Related Terms

Tohbu Network Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tohbu Network 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.

Tohbu Network Co Dividend Payout Ratio Chart

Tohbu Network 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 0.26 0.23 0.55 1.43 0.56

Tohbu Network 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 0.00 0.83 1.18 0.28 1.46

TSE:9036 vs UPS, FDX, JBHT: Dividend Payout Ratio Comparison

For the Integrated Freight & Logistics subindustry, Tohbu Network 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.

Tohbu Network Co Dividend Payout Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Tohbu Network Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:9036
66GF Score
Tohbu Network Co Ltd TSE:9036
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tohbu Network 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.

Tohbu Network 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 )
=20/ 35.766
=0.56

Tohbu Network 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 )
=12.5/ 8.542
=1.46

* 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 1.46 mean?
Tohbu Network Co (TSE:9036) has a Dividend Payout Ratio of 1.46 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tohbu Network Co and its competitors. This is 595% above median its historical median of 0.21. Over the past decade, Tohbu Network Co's Dividend Payout Ratio has ranged from 0.12 to 1.43. According to the industry distribution chart, Tohbu Network Co ranks #358 out of 562 companies in the Transportation industry, placing it in the top 63.7%.
Is Tohbu Network Co's Dividend Payout Ratio too high?
Tohbu Network Co's current Dividend Payout Ratio of 1.46 is 595% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.43. The Transportation industry median Dividend Payout Ratio is 0.45. Tohbu Network Co's value of 1.46 is 224.4% above this industry median. Based on the distribution chart, Tohbu Network Co ranks #358 out of 562 companies in the Transportation industry, which is below the industry midpoint. Overall, Tohbu Network Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tohbu Network Co's Dividend Payout Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Tohbu Network Co ranks #358 out of 562 companies for Dividend Payout Ratio. This places Tohbu Network Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. Tohbu Network Co's value of 1.46 is 224.4% above this benchmark. Historically, Tohbu Network Co's own Dividend Payout Ratio has ranged from 0.12 to 1.43 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.45, Tohbu Network 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 Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 562 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. Tohbu Network Co's current Dividend Payout Ratio of 1.46 is 224.4% 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 Tohbu Network Co and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tohbu Network Co's current Dividend Payout Ratio is 1.46, which is 595% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohbu Network Co stock overvalued right now?
Based on GuruFocus' analysis, Tohbu Network Co (TSE:9036) is currently considered Significantly Overvalued. The stock's GF Value™ is 円911.72, compared to a current price of 円1,278.00 — trading 40.2% above its estimated fair value. The current Dividend Payout Ratio is 1.46, which is 595% above median its 10-year median of 0.21 and 224.4% above the Transportation industry median of 0.45. Tohbu Network Co's overall GF Score™ is 66/100 with 5 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 Tohbu Network Co (TSE:9036), the current Dividend Payout Ratio is 1.46 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 Tohbu Network Co (TSE:9036) Overvalued in 2026?

Based on GuruFocus' analysis, Tohbu Network Co stock appears to be overvalued. The current stock price of 円1,278.00 is trading 40.2% above its estimated GF Value™ of 円911.72. GuruFocus considers Tohbu Network Co to be Significantly Overvalued.

Key valuation signals for TSE:9036:

  • Dividend Payout Ratio: 1.46 (595% above median its 10-year median of 0.21)
  • GF Value™: 円911.72 vs. price of 円1,278.00 (40.2% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 224.4% above the Transportation median (#358 of 562)

No single metric tells the full story. See the TSE:9036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tohbu Network Co Business Description

Address 2F, Sakaecho 2 Kanagawa-ku, Kanagawa-ku, 9 East Eastern Yokohama Building, Yokohama, JPN, 221-00529
Tohbu Network Co Ltd is engaged in cargo car transport business, cargo use transportation business, specified passenger car transportation business, real estate leasing business, warehouse industry, worker dispatch business, industrial waste collection, and sales business of petroleum and high pressure gases.
66GF Score

Get the complete analysis for TSE:9036

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

円1,278.00
Price
円911.72
GF Value