Tokyo Kisen Co (TSE:9193) Dividend Payout Ratio: 2.64 (As of Mar. 2026) — 514% Above Median

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TSE:9193 Tokyo Kisen Co Ltd TSE:9193
65 GF Score
Price 円881.00
GF Value 円758.53
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tokyo Kisen Co Dividend Payout Ratio?

Tokyo Kisen Co TSE:9193 -0.56% 65 Dividend Payout Ratio is 2.64 as of Mar. 2026, which is 514% above its 10-year median of 0.43. GuruFocus rates TSE:9193 with a GF Score™ of 65/100 and a GF Value™ of 円758.53 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 563 Transportation companies, Tokyo Kisen Co ranks worse than 99.47% 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. Tokyo Kisen Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tokyo Kisen Co Ltd is 6.07, which seems too high.

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

TSE:9193' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.43   Max: 6.07
Current: 6.07

During the past 13 years, the highest Dividend Payout Ratio of Tokyo Kisen Co was 6.07. The lowest was 0.10. And the median was 0.43.

TSE:9193's Dividend Payout Ratio is ranked worse than
99.47% of 563 companies
in the Transportation industry
Industry Median: 0.45 vs TSE:9193: 6.07

As of today (2026-07-23), the Dividend Yield % of Tokyo Kisen Co is 2.26%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tokyo Kisen Co was 4.46%. The lowest was 1.51%. And the median was 2.86%.

Tokyo Kisen Co's Dividends per Share for the months ended in Mar. 2026 was 円20.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokyo Kisen Co was 26.00% per year. The lowest was -26.30% 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.

Tokyo Kisen Co (TSE:9193) 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.

Tokyo Kisen Co Dividend Payout Ratio Related Terms

Tokyo Kisen Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Kisen 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.

Tokyo Kisen Co Dividend Payout Ratio Chart

Tokyo Kisen 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 0.00 0.65 0.52 0.10 1.40

Tokyo Kisen 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 1.99 0.00 0.11 0.00 2.64

Tokyo Kisen Co Dividend Payout Ratio Competitor Comparison

For the Marine Shipping subindustry, Tokyo Kisen 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.

Tokyo Kisen Co Dividend Payout Ratio vs Transportation Industry

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

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


TSE:9193
65GF Score
Tokyo Kisen Co Ltd TSE:9193
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Kisen 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.

Tokyo Kisen 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/ 14.34
=1.39

Tokyo Kisen 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 )
=20/ 7.566
=2.64

* 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 2.64 mean?
Tokyo Kisen Co (TSE:9193) has a Dividend Payout Ratio of 2.64 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tokyo Kisen Co and its competitors. This is 514% above median its historical median of 0.43. Over the past decade, Tokyo Kisen Co's Dividend Payout Ratio has ranged from 0.10 to 6.07. According to the industry distribution chart, Tokyo Kisen Co ranks #560 out of 563 companies in the Transportation industry, placing it in the top 99.5%.
Is Tokyo Kisen Co's Dividend Payout Ratio too high?
Tokyo Kisen Co's current Dividend Payout Ratio of 2.64 is 514% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 6.07. The Transportation industry median Dividend Payout Ratio is 0.45. Tokyo Kisen Co's value of 2.64 is 486.7% above this industry median. Based on the distribution chart, Tokyo Kisen Co ranks #560 out of 563 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tokyo Kisen Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Kisen Co's Dividend Payout Ratio compare to competitors?
According to the Transportation industry distribution chart, Tokyo Kisen Co ranks #560 out of 563 companies for Dividend Payout Ratio. This places Tokyo Kisen Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. Tokyo Kisen Co's value of 2.64 is 486.7% above this benchmark. Historically, Tokyo Kisen Co's own Dividend Payout Ratio has ranged from 0.10 to 6.07 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.45, Tokyo Kisen 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 563 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. Tokyo Kisen Co's current Dividend Payout Ratio of 2.64 is 486.7% 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 Tokyo Kisen 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. Tokyo Kisen Co's current Dividend Payout Ratio is 2.64, which is 514% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Kisen Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Kisen Co (TSE:9193) is currently considered Modestly Overvalued. The stock's GF Value™ is 円758.53, compared to a current price of 円881.00 — trading 16.1% above its estimated fair value. The current Dividend Payout Ratio is 2.64, which is 514% above median its 10-year median of 0.43 and 486.7% above the Transportation industry median of 0.45. Tokyo Kisen Co's overall GF Score™ is 65/100 with 6 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 Tokyo Kisen Co (TSE:9193), the current Dividend Payout Ratio is 2.64 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 Tokyo Kisen Co (TSE:9193) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Kisen Co stock appears to be overvalued. The current stock price of 円881.00 is trading 16.1% above its estimated GF Value™ of 円758.53. GuruFocus considers Tokyo Kisen Co to be Modestly Overvalued.

Key valuation signals for TSE:9193:

  • Dividend Payout Ratio: 2.64 (514% above median its 10-year median of 0.43)
  • GF Value™: 円758.53 vs. price of 円881.00 (16.1% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 486.7% above the Transportation median (#560 of 563)

No single metric tells the full story. See the TSE:9193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokyo Kisen Co Business Description

Address No.2 Yamashita-cho, Naka-ku, Industry & Trade Center Building, Yokohama, JPN, 231-0023
Tokyo Kisen Co Ltd is a Japan-based company providing maritime safety services. The services offered by the company include harbor towage services, escort tug services, and emergency support and disaster prevention services like container ships, crude oil tankers, LNG carriers, LPG carriers, bulk carriers, car carriers, and iron ore carriers.
65GF Score

Get the complete analysis for TSE:9193

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

円881.00
Price
円758.53
GF Value