Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
NIPPON CONCEPT 5-Year Yield-on-Cost % Related Terms
TSE:9386 vs WMB, EPD, KMI: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Midstream subindustry, NIPPON CONCEPT's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where NIPPON CONCEPT's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of NIPPON CONCEPT is calculated as
NIPPON CONCEPT (TSE:9386) has a 5-Year Yield-on-Cost % of 6.10 as of Sep. 10, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on NIPPON CONCEPT and its competitors. This is 18% above median its historical median of 5.19. Over the past decade, NIPPON CONCEPT's 5-Year Yield-on-Cost % has ranged from 2.93 to 9.73.
Is NIPPON CONCEPT's 5-Year Yield-on-Cost % too high?
NIPPON CONCEPT's current 5-Year Yield-on-Cost % of 6.10 is 18% above median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 9.73. The Oil & Gas industry median 5-Year Yield-on-Cost % is 4.83. NIPPON CONCEPT's value of 6.10 is 26.3% 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 5-Year Yield-on-Cost % compare to WMB and EPD?
NIPPON CONCEPT's 5-Year Yield-on-Cost % of 6.10 can be compared against companies in the Oil & Gas industry. The industry median 5-Year Yield-on-Cost % is 4.83. NIPPON CONCEPT's value of 6.10 is 26.3% above this benchmark. Historically, NIPPON CONCEPT's own 5-Year Yield-on-Cost % has ranged from 2.93 to 9.73 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 4.83, 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 4.83, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIPPON CONCEPT's current 5-Year Yield-on-Cost % of 6.10 is 26.3% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on NIPPON CONCEPT and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON CONCEPT's current 5-Year Yield-on-Cost % is 6.10, which is 18% above median its own 10-year median of 5.19. 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 5-Year Yield-on-Cost % of 6.10. 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 5-Year Yield-on-Cost % is 6.10, which is 18% above median its 10-year median of 5.19 and 26.3% above the Oil & Gas industry median of 4.83. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For NIPPON CONCEPT (TSE:9386), the current 5-Year Yield-on-Cost % is 6.10 as of Sep. 10, 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 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:
5-Year Yield-on-Cost %: 6.10 (18% above median its 10-year median of 5.19)
GF Value™: 円1,801.56 vs. price of 円3,045.00 (69% above fair value)
Industry Position: 26.3% 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 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
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9386 has been successfully added to your 
