TOKAI (TSE:9729) 5-Year Yield-on-Cost % : 5.85 (As of Jun. 22, 2024)

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What is TOKAI 5-Year Yield-on-Cost %?

TOKAI's yield on cost for the quarter that ended in Dec. 2023 was 5.85.

The historical rank and industry rank for TOKAI's 5-Year Yield-on-Cost % or its related term are showing as below:

TSE:9729' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.85 Med: 2.78 Max: 7.75
Current: 5.85

During the past 13 years, TOKAI's highest Yield on Cost was 7.75. The lowest was 1.85. And the median was 2.78.

TSE:9729's 5-Year Yield-on-Cost % is ranked better than
74.54% of 601 companies
in the Business Services industry
Industry Median: 3.42 vs TSE:9729: 5.85

Competitive Comparison of TOKAI's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, TOKAI'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.

TOKAI's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TOKAI's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where TOKAI's 5-Year Yield-on-Cost % falls into.

TOKAI 5-Year Yield-on-Cost % Calculation

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 TOKAI is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

TOKAI (TSE:9729) 5-Year Yield-on-Cost % Explanation

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.

TOKAI 5-Year Yield-on-Cost % Related Terms

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TOKAI (TSE:9729) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TOKAI Corp (TSE:9729) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-16 Wakamiya-cho, Gifu-shi, JPN, 500-8828

Website

http://www.tokai-corp.com

TOKAI Corp is a Japan-based company which is involved in rental and leasing business. The firm is primarily engaged in supplying beddings for hospitals, clinics, and care facilities, as well as hotels and resort facilities, on a rental or contract basis. Its have business segments include The Healthy Life Services segment rents beddings and nursing care products, provides food service, and manufactures and sells cleaning machinery, The Dispensing Services segment operates pharmacies for dispensing service in front of general hospitals, The Environmental Services segment is engaged in the rental and sale of environmental products, and The Building Cleaning and Management services mainly for medical institutions and nursing care facilities.

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