Sugimoto (TSE:9932) Dividend Payout Ratio: 0.42 (As of Mar. 2026) — 14% Above Median

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Sugimoto & Co Ltd TSE:9932

77 GF Score

Price 円1,260.00

GF Value 円1,465.07

Valuation Modestly Undervalued

2 Warning Signs

View Full Analysis

What is Sugimoto Dividend Payout Ratio?

Sugimoto TSE:9932 +0.88% 77 Dividend Payout Ratio is 0.42 as of Mar. 2026, which is 14% above its 10-year median of 0.37. GuruFocus rates TSE:9932 with a GF Score™ of 77/100 and a GF Value™ of 円1,465.07 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 95 Industrial Distribution companies, Sugimoto ranks worse than 71.58% 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. Sugimoto's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.42.

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

TSE:9932' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.37 Max: 0.56
Current: 0.56

During the past 13 years, the highest Dividend Payout Ratio of Sugimoto was 0.56. The lowest was 0.31. And the median was 0.37.

TSE:9932's Dividend Payout Ratio is ranked worse than
71.58% of 95 companies
in the Industrial Distribution industry
Industry Median: 0.41 vs TSE:9932: 0.56

As of today (2026-07-15), the Dividend Yield % of Sugimoto is 4.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sugimoto was 5.27%. The lowest was 1.92%. And the median was 2.97%.

Sugimoto's Dividends per Share for the months ended in Mar. 2026 was 円27.00.

During the past 12 months, Sugimoto's average Dividends Per Share Growth Rate was 21.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sugimoto was 33.00% per year. The lowest was -6.70% per year. And the median was 15.90% 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.

Sugimoto (TSE:9932) 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.

Sugimoto Dividend Payout Ratio Related Terms

Sugimoto Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sugimoto'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.

Sugimoto Dividend Payout Ratio Chart

Sugimoto Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.37

0.33

0.38

0.45

0.56

Sugimoto 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															0.32	0.46	0.44	0.85	0.42

TSE:9932 vs GWW, FAST, FERG: Dividend Payout Ratio Comparison

For the Industrial Distribution subindustry, Sugimoto'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.

Sugimoto Dividend Payout Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Sugimoto's Dividend Payout Ratio distribution charts can be found below:

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

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77GF Score

Sugimoto & Co Ltd TSE:9932

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Sugimoto Dividend Payout Ratio Calculation

Sugimoto'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 )
	=	54	/	97.067
	=	0.56

Sugimoto'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 )
	=	27	/	64.748
	=	0.42

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.42 mean?

Sugimoto (TSE:9932) has a Dividend Payout Ratio of 0.42 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sugimoto and its competitors. This is 14% above median its historical median of 0.37. Over the past decade, Sugimoto's Dividend Payout Ratio has ranged from 0.31 to 0.56. According to the industry distribution chart, Sugimoto ranks #68 out of 95 companies in the Industrial Distribution industry, placing it in the top 71.6%.

Is Sugimoto's Dividend Payout Ratio too high?

Sugimoto's current Dividend Payout Ratio of 0.42 is 14% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.56. The Industrial Distribution industry median Dividend Payout Ratio is 0.41. Sugimoto's value of 0.42 is 2.4% above this industry median. Based on the distribution chart, Sugimoto ranks #68 out of 95 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Sugimoto has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Sugimoto's Dividend Payout Ratio compare to GWW and FAST?

According to the Industrial Distribution industry distribution chart, Sugimoto ranks #68 out of 95 companies for Dividend Payout Ratio. This places Sugimoto in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Sugimoto's value of 0.42 is 2.4% above this benchmark. Historically, Sugimoto's own Dividend Payout Ratio has ranged from 0.31 to 0.56 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.41, Sugimoto 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 Industrial Distribution company?

The median Dividend Payout Ratio among Industrial Distribution companies is 0.41, based on 95 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. Sugimoto's current Dividend Payout Ratio of 0.42 is 2.4% 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 Sugimoto and its competitors. For the Industrial Distribution industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugimoto's current Dividend Payout Ratio is 0.42, which is 14% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sugimoto stock overvalued right now?

Based on GuruFocus' analysis, Sugimoto (TSE:9932) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,465.07, compared to a current price of 円1,260.00 — trading 14% below its estimated fair value. The current Dividend Payout Ratio is 0.42, which is 14% above median its 10-year median of 0.37 and 2.4% above the Industrial Distribution industry median of 0.41. Sugimoto's overall GF Score™ is 77/100 with 2 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 Sugimoto (TSE:9932), the current Dividend Payout Ratio is 0.42 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 Sugimoto (TSE:9932) Overvalued in 2026?

Based on GuruFocus' analysis, Sugimoto stock appears to be undervalued. The current stock price of 円1,260.00 is trading 14% below its estimated GF Value™ of 円1,465.07. GuruFocus considers Sugimoto to be Modestly Undervalued.

Key valuation signals for TSE:9932:

Dividend Payout Ratio: 0.42 (14% above median its 10-year median of 0.37)
GF Value™: 円1,465.07 vs. price of 円1,260.00 (14% below fair value)
GF Score™: 77/100 with 2 warning signs
Industry Position: 2.4% above the Industrial Distribution median (#68 of 95)

No single metric tells the full story. See the TSE:9932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sugimoto Business Description

Industry Industrials Industrial Distribution

Comparable Companies TSE:8085 TSE:8089 TSE:7472 TSE:9986 TSE:3355 TSE:7624 TSE:8103 TSE:9845 TSE:8147 TSE:8077 GWW FAST FERG WCC WSO TSX:TIH QXO LSE:DPLM AIT OSTO:ADDT B

Address 5-7-27 Tatemichibori, Nishi-Ku, Osaka, JPN, 550-8502

Website https://www.sugi-net.co.jp

Sugimoto & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of measuring instruments, machining equipment, and other related products. It mainly sells equipment, machinery, tools, factory supplies, consumables, etc., used in factories. The group's product portfolio comprises cylinder gauge, caliper gauge, air duster, blow gun, ratchet lever, clamping screw, cut resistant glove, office supplies, garden supplies, bolt kit, safety hoist ring, etc. Its reportable segments are based on the regions of its sales offices and include East, West, Central, and Abroad. The majority of its revenue is generated from the West Region.

77GF Score

Get the complete analysis for TSE:9932

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

円1,260.00

Price

円1,465.07

GF Value

View TSE:9932 Analysis

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