NITTAN Corporation (6493) Dividends
Market cap
¥17.8B
P/E ratio
8x
NITTAN manufactures engine valves, precision forged gears, and transmission components for vehicles and marine engines through 16 subsidiaries across 8 countries.
Latest Dividend per Share Forecast
20.00JPY
If you buy 100 shares of NITTAN Corporation, the expected annual dividend is 2,000 JPY.
- Dividend Yield
- 3.3%
- Payout Ratio
- 27.0%
Dividend Policy
<p>Our basic policy is to continue paying dividends to the greatest extent possible, while carefully assessing our cash flow situation in light of the business environment and earnings. We plan to pay dividends twice annually as a general rule: an interim dividend and a year-end dividend. We intend to allocate retained earnings primarily to research and development expenses for new product development and capital investments aimed at strengthening our business foundation.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Revision(2026/01/30) | 7 | 13 | 20 | - |
|---|---|---|---|---|---|
| Forecast(2025/05/14) | 7 | 7 | 14 | 27.0% | |
| FY2025 | Actual(2025/07/31) | 6 | 6 | 12 | - |
| Forecast(2024/05/13) | 6 | 6 | 12 | 32.8% | |
| FY2024 | Actual(2024/05/13) | 5 | 7 | 12 | 57.4% |
| Revision(2023/10/31) | 5 | 7 | 12 | - | |
| Forecast(2023/05/12) | 5 | 5 | 10 | 26.6% | |
| FY2023 | Actual(2023/05/12) | 6 | 3 | 9 | 66.2% |
| Revision(2023/01/31) | 6 | 3 | 9 | - | |
| Forecast(2022/05/12) | 6 | 6 | 12 | 32.0% | |
| FY2022 | Actual(2022/05/12) | 5 | 6 | 11 | 49.1% |
| Forecast(2021/05/13) | 5 | 6 | 11 | 20.4% | |
| FY2021 | Actual(2021/05/13) | 3 | 4 | 7 | 30.0% |
| Forecast(2020/09/30) | 3 | 3 | 6 | - | |
| FY2020 | Actual(2020/09/30) | 6 | 4 | 10 | - |