NORITZ CORPORATION (5943) Dividends
Market cap
¥115.6B
P/E ratio
12.7x
Noritz manufactures and sells hot water heating systems, air conditioning equipment, and kitchen appliances through a global network of 35 companies.
Latest Dividend per Share Forecast
94.00JPY
Dividend GrowerIf you buy 100 shares of NORITZ CORPORATION, the expected annual dividend is 9,400 JPY.
- Dividend Yield
- 4.0%
- Payout Ratio
- 50.2%
Dividend Policy
<p>We are committed to implementing continuous and stable dividends. For the three-year period from fiscal year 2024 through 2026, we target a consolidated dividend payout ratio of 50% or a dividend on equity (DOE) of 2.5%, whichever is higher. We will implement dividends twice annually through interim and year-end dividends as our basic policy, and will consider share buybacks opportunistically. We will allocate retained earnings efficiently toward research and development of environmentally responsive technologies, enhancement of quality assurance systems, and exploration of new business opportunities.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Forecast(2026/02/10) | 47 | 47 | 94 | 50.2% |
|---|---|---|---|---|---|
| FY2025 | Actual(2026/02/10) | 35 | 39 | 74 | 101.0% |
| Forecast(2025/02/13) | 35 | 36 | 71 | 136.9% | |
| FY2024 | Actual(2025/02/13) | 33 | 36 | 69 | 72.7% |
| Forecast(2024/02/14) | 33 | 34 | 67 | 74.2% | |
| FY2023 | Actual(2024/02/14) | 32 | 21 | 53 | 281.3% |
| Revision(2023/11/09) | 32 | 21 | 53 | - | |
| Forecast(2023/02/14) | 32 | 32 | 64 | 50.0% | |
| FY2022 | Actual(2023/02/14) | 25 | 28 | 53 | 50.6% |
| Revision(2022/12/08) | 25 | 28 | 53 | - | |
| Forecast(2022/02/14) | 25 | 25 | 50 | 50.0% | |
| FY2021 | Actual(2022/02/14) | 32 | 51 | 83 | 69.7% |
| Revision(2021/05/17) | 32 | 51 | 83 | - | |
| Forecast(2021/02/12) | 32 | 32 | 64 | 50.7% | |
| FY2020 | Actual(2021/02/12) | 16 | 19 | 35 | - |
| Forecast(2020/11/11) | 16 | 16 | 32 | - | |
| FY2019 | Actual(2020/11/11) | 16 | 16 | 32 | - |