Zaoh Co (TSE:9986) Dividend Payout Ratio: 1.08 (As of Mar. 2026) — 104% Above Median


TSE:9986 Zaoh Co Ltd TSE:9986
78 GF Score
Price 円2,448.00
GF Value 円2,390.72
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Zaoh Co Dividend Payout Ratio?

Zaoh Co TSE:9986 +0.53% 78 Dividend Payout Ratio is 1.08 as of Mar. 2026, which is 104% above its 10-year median of 0.53. GuruFocus rates TSE:9986 with a GF Score™ of 78/100 and a GF Value™ of 円2,390.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 95 Industrial Distribution companies, Zaoh Co ranks worse than 83.16% 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. Zaoh Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.08.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Zaoh Co Ltd is 0.76, which seems too high.

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

TSE:9986' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.53   Max: 0.86
Current: 0.76

During the past 13 years, the highest Dividend Payout Ratio of Zaoh Co was 0.86. The lowest was 0.33. And the median was 0.53.

TSE:9986's Dividend Payout Ratio is ranked worse than
83.16% of 95 companies
in the Industrial Distribution industry
Industry Median: 0.42 vs TSE:9986: 0.76

As of today (2026-06-29), the Dividend Yield % of Zaoh Co is 4.08%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zaoh Co was 5.19%. The lowest was 1.86%. And the median was 3.90%.

Zaoh Co's Dividends per Share for the months ended in Mar. 2026 was 円50.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zaoh Co was 34.70% per year. The lowest was -4.60% per year. And the median was 8.40% 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.

Zaoh Co (TSE:9986) 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.

Zaoh Co Dividend Payout Ratio Related Terms

Zaoh Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Zaoh 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.

Zaoh Co Dividend Payout Ratio Chart

Zaoh 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 0.36 0.54 0.54 0.86 0.76

Zaoh Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 1.88 0.00 1.08

TSE:9986 vs GWW, FAST, FERG: Dividend Payout Ratio Comparison

For the Industrial Distribution subindustry, Zaoh 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.

Zaoh Co Dividend Payout Ratio vs Industrial Distribution Industry

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

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


TSE:9986
78GF Score
Zaoh Co Ltd TSE:9986
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zaoh 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.

Zaoh 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 )
=100/ 132.24
=0.76

Zaoh 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 )
=50/ 46.227
=1.08

* 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 1.08 mean?
Zaoh Co (TSE:9986) has a Dividend Payout Ratio of 1.08 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zaoh Co and its competitors. This is 104% above median its historical median of 0.53. Over the past decade, Zaoh Co's Dividend Payout Ratio has ranged from 0.33 to 0.86. According to the industry distribution chart, Zaoh Co ranks #79 out of 95 companies in the Industrial Distribution industry, placing it in the top 83.2%.
Is Zaoh Co's Dividend Payout Ratio too high?
Zaoh Co's current Dividend Payout Ratio of 1.08 is 104% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.86. The Industrial Distribution industry median Dividend Payout Ratio is 0.42. Zaoh Co's value of 1.08 is 157.1% above this industry median. Based on the distribution chart, Zaoh Co ranks #79 out of 95 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Zaoh Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zaoh Co's Dividend Payout Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Zaoh Co ranks #79 out of 95 companies for Dividend Payout Ratio. This places Zaoh Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Zaoh Co's value of 1.08 is 157.1% above this benchmark. Historically, Zaoh Co's own Dividend Payout Ratio has ranged from 0.33 to 0.86 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.42, Zaoh 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 an Industrial Distribution company?
The median Dividend Payout Ratio among Industrial Distribution companies is 0.42, 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. Zaoh Co's current Dividend Payout Ratio of 1.08 is 157.1% 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 Zaoh Co and its competitors. For the Industrial Distribution industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zaoh Co's current Dividend Payout Ratio is 1.08, which is 104% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zaoh Co stock overvalued right now?
Based on GuruFocus' analysis, Zaoh Co (TSE:9986) is currently considered Fairly Valued. The stock's GF Value™ is 円2,390.72, compared to a current price of 円2,448.00 — trading 2.4% above its estimated fair value. The current Dividend Payout Ratio is 1.08, which is 104% above median its 10-year median of 0.53 and 157.1% above the Industrial Distribution industry median of 0.42. Zaoh Co's overall GF Score™ is 78/100 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 Zaoh Co (TSE:9986), the current Dividend Payout Ratio is 1.08 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 Zaoh Co (TSE:9986) Overvalued in 2026?

Based on GuruFocus' analysis, Zaoh Co stock appears to be overvalued. The current stock price of 円2,448.00 is trading 2.4% above its estimated GF Value™ of 円2,390.72. GuruFocus considers Zaoh Co to be Fairly Valued.

Key valuation signals for TSE:9986:

  • Dividend Payout Ratio: 1.08 (104% above median its 10-year median of 0.53)
  • GF Value™: 円2,390.72 vs. price of 円2,448.00 (2.4% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 157.1% above the Industrial Distribution median (#79 of 95)

No single metric tells the full story. See the TSE:9986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zaoh Co Business Description

Address 19-5, Maori 1-chome, Koto-ku, Tokyo, JPN, 135-0001
Zaoh Co Ltd is engaged in the business of dealing with industrial and professional cleaning equipment. Its main business activity is to import cleaning and washing equipment for commercial, industrial, and consumer use from various manufacturers, mainly in Europe, the United States, and China, and to sell them throughout Japan. The company's product portfolio comprises power sweepers, vacuum cleaners, carpet cleaners, ironized water generators, water purifiers, steam cleaners, etc.
78GF Score

Get the complete analysis for TSE:9986

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

円2,448.00
Price
円2,390.72
GF Value