Tokai Lease Co (TSE:9761) Dividend Payout Ratio: 1.42 (As of Mar. 2026) — 80% Above Median


TSE:9761 Tokai Lease Co Ltd TSE:9761
74 GF Score
Price 円2,375.00
GF Value 円1,996.45
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tokai Lease Co Dividend Payout Ratio?

Tokai Lease Co TSE:9761 +0.98% 74 Dividend Payout Ratio is 1.42 as of Mar. 2026, which is 80% above its 10-year median of 0.79. GuruFocus rates TSE:9761 with a GF Score™ of 74/100 and a GF Value™ of 円1,996.45 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 696 Real Estate companies, Tokai Lease Co ranks worse than 70.11% 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. Tokai Lease Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.42.

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

TSE:9761' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.79   Max: 2.12
Current: 0.64

During the past 13 years, the highest Dividend Payout Ratio of Tokai Lease Co was 2.12. The lowest was 0.32. And the median was 0.79.

TSE:9761's Dividend Payout Ratio is ranked worse than
70.11% of 696 companies
in the Real Estate industry
Industry Median: 0.4 vs TSE:9761: 0.64

As of today (2026-07-12), the Dividend Yield % of Tokai Lease Co is 5.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tokai Lease Co was 6.10%. The lowest was 2.41%. And the median was 4.25%.

Tokai Lease Co's Dividends per Share for the months ended in Mar. 2026 was 円60.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokai Lease Co was 44.20% per year. The lowest was -23.70% per year. And the median was 8.70% 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.

Tokai Lease Co (TSE:9761) 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.

Tokai Lease Co Dividend Payout Ratio Related Terms

Tokai Lease Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tokai Lease 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.

Tokai Lease Co Dividend Payout Ratio Chart

Tokai Lease 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 0.62 0.95 0.32 0.42 0.64

Tokai Lease 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 0.30 0.80 0.28 0.41 1.42

TSE:9761 vs CBRE, BEKE, JLL: Dividend Payout Ratio Comparison

For the Real Estate Services subindustry, Tokai Lease 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.

Tokai Lease Co Dividend Payout Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokai Lease Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:9761
74GF Score
Tokai Lease Co Ltd TSE:9761
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai Lease 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.

Tokai Lease 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 )
=120/ 187.674
=0.64

Tokai Lease 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 )
=60/ 42.219
=1.42

* 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 1.42 mean?
Tokai Lease Co (TSE:9761) has a Dividend Payout Ratio of 1.42 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tokai Lease Co and its competitors. This is 80% above median its historical median of 0.79. Over the past decade, Tokai Lease Co's Dividend Payout Ratio has ranged from 0.32 to 2.12. According to the industry distribution chart, Tokai Lease Co ranks #488 out of 696 companies in the Real Estate industry, placing it in the top 70.1%.
Is Tokai Lease Co's Dividend Payout Ratio too high?
Tokai Lease Co's current Dividend Payout Ratio of 1.42 is 80% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.12. The Real Estate industry median Dividend Payout Ratio is 0.40. Tokai Lease Co's value of 1.42 is 255% above this industry median. Based on the distribution chart, Tokai Lease Co ranks #488 out of 696 companies in the Real Estate industry, which is below the industry midpoint. Overall, Tokai Lease Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Lease Co's Dividend Payout Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tokai Lease Co ranks #488 out of 696 companies for Dividend Payout Ratio. This places Tokai Lease Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.40. Tokai Lease Co's value of 1.42 is 255% above this benchmark. Historically, Tokai Lease Co's own Dividend Payout Ratio has ranged from 0.32 to 2.12 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.40, Tokai Lease 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 Real Estate company?
The median Dividend Payout Ratio among Real Estate companies is 0.40, based on 696 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. Tokai Lease Co's current Dividend Payout Ratio of 1.42 is 255% 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 Tokai Lease Co and its competitors. For the Real Estate industry, the median Dividend Payout Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Lease Co's current Dividend Payout Ratio is 1.42, which is 80% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Lease Co (TSE:9761) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,996.45, compared to a current price of 円2,375.00 — trading 19% above its estimated fair value. The current Dividend Payout Ratio is 1.42, which is 80% above median its 10-year median of 0.79 and 255% above the Real Estate industry median of 0.40. Tokai Lease Co's overall GF Score™ is 74/100 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 Tokai Lease Co (TSE:9761), the current Dividend Payout Ratio is 1.42 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 Tokai Lease Co (TSE:9761) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Lease Co stock appears to be overvalued. The current stock price of 円2,375.00 is trading 19% above its estimated GF Value™ of 円1,996.45. GuruFocus considers Tokai Lease Co to be Modestly Overvalued.

Key valuation signals for TSE:9761:

  • Dividend Payout Ratio: 1.42 (80% above median its 10-year median of 0.79)
  • GF Value™: 円1,996.45 vs. price of 円2,375.00 (19% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 255% above the Real Estate median (#488 of 696)

No single metric tells the full story. See the TSE:9761 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokai Lease Co Business Description

Address 2-6-2 Tenjinbashi, Kita-ku, Osaka, JPN, 530-0041
Tokai Lease Co Ltd is a Japanese company engaged in providing real estate services. The business of the company includes leasing, manufacture, and sale of temporary buildings, construction of temporary buildings, and sale of fixtures.
74GF Score

Get the complete analysis for TSE:9761

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

円2,375.00
Price
円1,996.45
GF Value