NICHIRIN CO., LTD. (5184) Dividends
Market cap
¥59.2B
P/E ratio
9.7x
Nichirin manufactures and sells rubber products, primarily automotive hoses, serving global markets through operations in Japan, North America, China, Asia, and Europe.
Latest Dividend per Share Forecast
190.00JPY
If you buy 100 shares of NICHIRIN CO., LTD., the expected annual dividend is 19,000 JPY.
- Dividend Yield
- 4.6%
- Payout Ratio
- 44.8%
Dividend Policy
<p>Our basic dividend policy is to continue stable dividend payments while balancing shareholder returns with necessary retained earnings. We have set a minimum Dividend on Equity (DOE) of 2.5%, with a target consolidated payout ratio of 38% for fiscal year 2024 and 40% for fiscal year 2025 and beyond. We pay dividends twice annually. Taking into account our internal reserve levels, we have established a share buyback framework of approximately 1 billion yen over the two-year period from 2024 to 2025, with the aim of improving our total shareholder return ratio.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Forecast(2026/02/13) | 95 | 95 | 190 | 44.8% |
|---|---|---|---|---|---|
| FY2025 | Actual(2026/02/13) | 82 | 94 | 176 | 42.1% |
| Revision(2025/08/08) | 82 | 82 | 164 | - | |
| Forecast(2025/02/13) | 88 | 88 | 176 | 40.0% | |
| FY2024 | Actual(2025/02/13) | 75 | 101 | 176 | 38.1% |
| Revision(2024/11/12) | 75 | 80 | 155 | - | |
| Forecast(2024/02/14) | 75 | 75 | 150 | 38.1% | |
| FY2023 | Actual(2024/02/14) | 52 | 98 | 150 | 34.6% |
| Revision(2023/11/10) | 52 | 90 | 142 | - | |
| Forecast(2023/02/14) | 52 | 52 | 104 | 31.6% | |
| FY2022 | Actual(2023/02/14) | 38 | 52 | 90 | 27.7% |
| Revision(2022/11/11) | 38 | 50 | 88 | - | |
| Forecast(2022/02/14) | 38 | 38 | 76 | 35.8% | |
| FY2021 | Actual(2022/02/14) | 38 | 45 | 83 | 24.7% |
| Revision(2021/11/12) | 38 | 40 | 78 | - | |
| Revision(2021/08/06) | 38 | 38 | 76 | - | |
| Forecast(2021/02/15) | 30 | 30 | 60 | 24.4% | |
| FY2020 | Actual(2021/02/15) | 15 | 30 | 45 | 26.9% |
| Forecast(2020/11/12) | 15 | 30 | 45 | - | |
| FY2019 | Actual(2020/11/12) | 30 | 30 | 60 | - |