TOWA PHARMACEUTICAL CO.,LTD. (4553) Dividends
Market cap
¥200.4B
P/E ratio
8.9x
Towa Pharmaceutical manufactures and sells generic drugs to hospitals and distributors in Japan, Europe, and North America through its own facilities and subsidiaries.
Latest Dividend per Share Forecast
85.00JPY
Dividend GrowerIf you buy 100 shares of TOWA PHARMACEUTICAL CO.,LTD., the expected annual dividend is 8,500 JPY.
- Dividend Yield
- 2.2%
- Payout Ratio
- 19.5%
Dividend Policy
<p>Our basic dividend policy is to maintain stable dividends while expanding them in consideration of profitability and financial condition. We determine dividend amounts based on a dividend payout ratio of 20-30% and a dividend on equity (DOE) of approximately 2%. We pay dividends twice a year (interim and year-end), and retain earnings for capital expenditures, research and development investments, and other purposes.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2027 | Forecast(2026/05/14) | 40 | 45 | 85 | 19.5% |
|---|---|---|---|---|---|
| FY2026 | Actual(2026/05/14) | 40 | 40 | 80 | 75.0% |
| Forecast(2025/05/15) | 40 | 40 | 80 | 22.2% | |
| FY2025 | Actual(2025/05/15) | 30 | 40 | 70 | 18.1% |
| Revision(2025/02/13) | 30 | 40 | 70 | - | |
| Forecast(2024/05/14) | 30 | 30 | 60 | 25.5% | |
| FY2024 | Actual(2024/05/14) | 30 | 30 | 60 | 18.3% |
| Forecast(2023/05/15) | 30 | 30 | 60 | 42.8% | |
| FY2023 | Actual(2023/05/15) | 30 | 30 | 60 | 134.2% |
| Forecast(2022/05/13) | 30 | 30 | 60 | 24.6% | |
| FY2022 | Actual(2022/05/13) | 27 | 33 | 60 | 18.6% |
| Revision(2022/02/14) | 27 | 33 | 60 | - | |
| Forecast(2021/05/14) | 27 | 24 | 51 | 20.9% | |
| FY2021 | Actual(2021/05/14) | 22 | 22 | 44 | 15.5% |
| Forecast(2020/11/13) | 22 | 22 | 44 | - | |
| FY2020 | Actual(2020/11/13) | 22 | 22 | 44 | - |