NIPPON CONCEPT (TSE:9386) Dividend Payout Ratio: 0.94 (As of Jun. 2025) — 213% Above Median

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TSE:9386 NIPPON CONCEPT Corp TSE:9386
68 GF Score
Price 円3,045.00
GF Value 円1,801.56
! 5 Warning Signs
View Full Analysis

What is NIPPON CONCEPT Dividend Payout Ratio?

NIPPON CONCEPT TSE:9386 68 Dividend Payout Ratio is 0.94 as of Jun. 2025, which is 213% above its 10-year median of 0.30. GuruFocus rates TSE:9386 with a GF Score™ of 68/100 and a GF Value™ of 円1,801.56. The stock has 5 warning signs investors should review.

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. NIPPON CONCEPT's Dividend Payout Ratio for the months ended in Jun. 2025 was 0.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NIPPON CONCEPT Corp is 0.75, which seems too high.

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

TSE:9386' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.3   Max: 0.75
Current: 0.75

During the past 13 years, the highest Dividend Payout Ratio of NIPPON CONCEPT was 0.75. The lowest was 0.15. And the median was 0.30.

TSE:9386's Dividend Payout Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.48 vs TSE:9386: 0.75

As of today (2026-09-10), the Dividend Yield % of NIPPON CONCEPT is 2.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NIPPON CONCEPT was 4.18%. The lowest was 1.26%. And the median was 2.23%.

NIPPON CONCEPT's Dividends per Share for the months ended in Jun. 2025 was 円40.00.

During the past 12 months, NIPPON CONCEPT's average Dividends Per Share Growth Rate was 45.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NIPPON CONCEPT was 81.70% per year. The lowest was -82.50% per year. And the median was 14.50% 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.

NIPPON CONCEPT (TSE:9386) 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.

NIPPON CONCEPT Dividend Payout Ratio Related Terms

NIPPON CONCEPT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NIPPON CONCEPT'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.

NIPPON CONCEPT Dividend Payout Ratio Chart

NIPPON CONCEPT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.22 0.15 0.29 0.51

NIPPON CONCEPT Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.25 0.36 0.41 0.62 0.94

TSE:9386 vs WMB, EPD, KMI: Dividend Payout Ratio Comparison

For the Oil & Gas Midstream subindustry, NIPPON CONCEPT'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.

NIPPON CONCEPT Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's Dividend Payout Ratio distribution charts can be found below:

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


TSE:9386
68GF Score
NIPPON CONCEPT Corp TSE:9386
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIPPON CONCEPT 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.

NIPPON CONCEPT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=70/ 137.699
=0.51

NIPPON CONCEPT's Dividend Payout Ratio for the quarter that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2025 )/ EPS without NRI (Q: Jun. 2025 )
=40/ 42.75
=0.94

* 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 0.94 mean?
NIPPON CONCEPT (TSE:9386) has a Dividend Payout Ratio of 0.94 as of Jun. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NIPPON CONCEPT and its competitors. This is 213% above median its historical median of 0.30. Over the past decade, NIPPON CONCEPT's Dividend Payout Ratio has ranged from 0.15 to 0.75.
Is NIPPON CONCEPT's Dividend Payout Ratio too high?
NIPPON CONCEPT's current Dividend Payout Ratio of 0.94 is 213% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.75. The Oil & Gas industry median Dividend Payout Ratio is 0.48. NIPPON CONCEPT's value of 0.94 is 95.8% above this industry median. Overall, NIPPON CONCEPT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does NIPPON CONCEPT's Dividend Payout Ratio compare to WMB and EPD?
NIPPON CONCEPT's Dividend Payout Ratio of 0.94 can be compared against companies in the Oil & Gas industry. The industry median Dividend Payout Ratio is 0.48. NIPPON CONCEPT's value of 0.94 is 95.8% above this benchmark. Historically, NIPPON CONCEPT's own Dividend Payout Ratio has ranged from 0.15 to 0.75 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.48, NIPPON CONCEPT 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 an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.48, based on 455 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. NIPPON CONCEPT's current Dividend Payout Ratio of 0.94 is 95.8% 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 NIPPON CONCEPT and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON CONCEPT's current Dividend Payout Ratio is 0.94, which is 213% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON CONCEPT stock overvalued right now?
NIPPON CONCEPT (TSE:9386) has a current Dividend Payout Ratio of 0.94. The stock's GF Value™ is 円1,801.56, compared to a current price of 円3,045.00 — trading 69% above its estimated fair value. The current Dividend Payout Ratio is 0.94, which is 213% above median its 10-year median of 0.30 and 95.8% above the Oil & Gas industry median of 0.48. NIPPON CONCEPT's overall GF Score™ is 68/100 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 NIPPON CONCEPT (TSE:9386), the current Dividend Payout Ratio is 0.94 as of Jun. 2025. 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 NIPPON CONCEPT (TSE:9386) Overvalued in 2026?

Based on GuruFocus' analysis, NIPPON CONCEPT stock appears to be overvalued. The current stock price of 円3,045.00 is trading 69% above its estimated GF Value™ of 円1,801.56.

Key valuation signals for TSE:9386:

  • Dividend Payout Ratio: 0.94 (213% above median its 10-year median of 0.30)
  • GF Value™: 円1,801.56 vs. price of 円3,045.00 (69% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 95.8% above the Oil & Gas median

No single metric tells the full story. See the TSE:9386 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NIPPON CONCEPT Business Description

Industry EnergyOil & Gas
Address 2-2-2 Uchisaiwaicho, 8th Floor, Fukoku Seimei Building, Chiyoda-ku, Tokyo, JPN, 100-0011
NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.
68GF Score

Get the complete analysis for TSE:9386

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

円3,045.00
Price
円1,801.56
GF Value