Fuluhashi Epo (TSE:9221) Dividend Payout Ratio: 0.34 (As of Mar. 2026) — 19% Below Median

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TSE:9221 Fuluhashi Epo Corp TSE:9221
67 GF Score
Price 円1,210.00
GF Value 円1,148.64
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fuluhashi Epo Dividend Payout Ratio?

Fuluhashi Epo TSE:9221 -1.14% 67 Dividend Payout Ratio is 0.34 as of Mar. 2026, which is 19% below its 10-year median of 0.42. GuruFocus rates TSE:9221 with a GF Score™ of 67/100 and a GF Value™ of 円1,148.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 101 Waste Management companies, Fuluhashi Epo ranks worse than 55.45% 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. Fuluhashi Epo's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.34.

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

TSE:9221' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.42   Max: 0.54
Current: 0.42

During the past 7 years, the highest Dividend Payout Ratio of Fuluhashi Epo was 0.54. The lowest was 0.15. And the median was 0.42.

TSE:9221's Dividend Payout Ratio is ranked worse than
55.45% of 101 companies
in the Waste Management industry
Industry Median: 0.37 vs TSE:9221: 0.42

As of today (2026-07-19), the Dividend Yield % of Fuluhashi Epo is 2.48%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Fuluhashi Epo was 3.31%. The lowest was 1.80%. And the median was 2.54%.

Fuluhashi Epo's Dividends per Share for the months ended in Mar. 2026 was 円15.00.

During the past 12 months, Fuluhashi Epo's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Fuluhashi Epo was 14.50% per year. The lowest was 0.00% per year. And the median was 10.50% 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.

Fuluhashi Epo (TSE:9221) 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.

Fuluhashi Epo Dividend Payout Ratio Related Terms

Fuluhashi Epo Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Fuluhashi Epo'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.

Fuluhashi Epo Dividend Payout Ratio Chart

Fuluhashi Epo Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial 0.15 0.34 0.54 0.38 0.42

Fuluhashi Epo Semi-Annual Data
Mar20 Mar21 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 0.69 0.53 0.29 0.55 0.34

TSE:9221 vs WM, RSG, WCN: Dividend Payout Ratio Comparison

For the Waste Management subindustry, Fuluhashi Epo'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.

Fuluhashi Epo Dividend Payout Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Fuluhashi Epo's Dividend Payout Ratio distribution charts can be found below:

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


TSE:9221
67GF Score
Fuluhashi Epo Corp TSE:9221
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuluhashi Epo 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.

Fuluhashi Epo'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 )
=30/ 71.457
=0.42

Fuluhashi Epo'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 )
=15/ 44.343
=0.34

* 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 0.34 mean?
Fuluhashi Epo (TSE:9221) has a Dividend Payout Ratio of 0.34 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fuluhashi Epo and its competitors. This is 19% below median its historical median of 0.42. Over the past decade, Fuluhashi Epo's Dividend Payout Ratio has ranged from 0.15 to 0.54. According to the industry distribution chart, Fuluhashi Epo ranks #56 out of 101 companies in the Waste Management industry, placing it in the top 55.4%.
Is Fuluhashi Epo's Dividend Payout Ratio too high?
Fuluhashi Epo's current Dividend Payout Ratio of 0.34 is 19% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.54. The Waste Management industry median Dividend Payout Ratio is 0.37. Fuluhashi Epo's value of 0.34 is 8.1% below this industry median. Based on the distribution chart, Fuluhashi Epo ranks #56 out of 101 companies in the Waste Management industry, which is below the industry midpoint. Overall, Fuluhashi Epo has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuluhashi Epo's Dividend Payout Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Fuluhashi Epo ranks #56 out of 101 companies for Dividend Payout Ratio. This places Fuluhashi Epo in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Fuluhashi Epo's value of 0.34 is 8.1% below this benchmark. Historically, Fuluhashi Epo's own Dividend Payout Ratio has ranged from 0.15 to 0.54 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.37, Fuluhashi Epo has consistently been below 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 Waste Management company?
The median Dividend Payout Ratio among Waste Management companies is 0.37, based on 101 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. Fuluhashi Epo's current Dividend Payout Ratio of 0.34 is 8.1% below 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 Fuluhashi Epo and its competitors. For the Waste Management industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuluhashi Epo's current Dividend Payout Ratio is 0.34, which is 19% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuluhashi Epo stock overvalued right now?
Based on GuruFocus' analysis, Fuluhashi Epo (TSE:9221) is currently considered Fairly Valued. The stock's GF Value™ is 円1,148.64, compared to a current price of 円1,210.00 — trading 5.3% above its estimated fair value. The current Dividend Payout Ratio is 0.34, which is 19% below median its 10-year median of 0.42 and 8.1% below the Waste Management industry median of 0.37. Fuluhashi Epo's overall GF Score™ is 67/100 with 4 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 Fuluhashi Epo (TSE:9221), the current Dividend Payout Ratio is 0.34 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 Fuluhashi Epo (TSE:9221) Overvalued in 2026?

Based on GuruFocus' analysis, Fuluhashi Epo stock appears to be overvalued. The current stock price of 円1,210.00 is trading 5.3% above its estimated GF Value™ of 円1,148.64. GuruFocus considers Fuluhashi Epo to be Fairly Valued.

Key valuation signals for TSE:9221:

  • Dividend Payout Ratio: 0.34 (19% below median its 10-year median of 0.42)
  • GF Value™: 円1,148.64 vs. price of 円1,210.00 (5.3% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 8.1% below the Waste Management median (#56 of 101)

No single metric tells the full story. See the TSE:9221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fuluhashi Epo Business Description

Address 1-13-13 Kanayama, Kanayama Place, Naka-ku, Nagoya, JPN, 460-0022
Fuluhashi Epo Corp provides environmental solutions, such as recycling wood waste, selling recycled wood chips as fuel or raw material products, and recycling construction by-products generated at construction sites. In addition, it is involved in manufacturing and selling logistics equipment that takes into consideration the entire process from collection to recycling, and purchasing and selling used logistics equipment. The group's reportable segments are the biomaterials business and the resource recycling business. The majority of its revenue is generated from the biomaterials business, which is engaged in the contract processing of wood waste materials and the manufacture and sale of wood resource chips (raw material chips and fuel chips).
67GF Score

Get the complete analysis for TSE:9221

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

円1,210.00
Price
円1,148.64
GF Value