Harmonic Drive Systems Inc. (6324) Dividends
Market cap
¥419B
P/E ratio
316.8x
Harmonic Drive Systems manufactures precision speed reducers and mechatronic products, specializing in their Harmonic Drive® gear units for industrial applications worldwide.
Latest Dividend per Share Forecast
20.00JPY
If you buy 100 shares of Harmonic Drive Systems Inc., the expected annual dividend is 2,000 JPY.
- Dividend Yield
- 0.5%
- Payout Ratio
- 95.0%
Dividend Policy
<p>Our basic dividend policy is to pay dividends in accordance with business performance, with a consolidated payout ratio target of 30%. We distribute dividends twice annually—interim and year-end dividends—as our standard practice. In the event of significant short-term fluctuations in business performance, we also consider implementing stable dividend payments. Retained earnings are invested in capital expenditures, research and development of new products, and information management system upgrades, while maintaining readiness to execute flexible capital policies as needed.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Forecast(2025/08/06) | 10 | 10 | 20 | - |
|---|---|---|---|---|---|
| FY2025 | Actual(2025/05/14) | 10 | 10 | 20 | 54.7% |
| Forecast(2024/05/13) | 10 | 10 | 20 | 95.0% | |
| FY2024 | Actual(2024/05/13) | 10 | 10 | 20 | - |
| Revision(2023/11/09) | 10 | 10 | 20 | - | |
| Forecast(2023/08/08) | 10 | - | - | - | |
| FY2023 | Actual(2023/05/12) | 11 | 17 | 28 | 35.1% |
| Revision(2022/11/08) | 11 | 17 | 28 | - | |
| Forecast(2022/05/13) | 11 | 18 | 29 | 31.0% | |
| FY2022 | Actual(2022/05/13) | 10 | 11 | 21 | 30.4% |
| Forecast(2021/05/14) | 10 | 10 | 20 | 41.0% | |
| FY2021 | Actual(2021/05/14) | 10 | 10 | 20 | 290.6% |
| Forecast(2020/11/11) | 10 | 10 | 20 | - | |
| FY2020 | Actual(2020/11/11) | 10 | 10 | 20 | - |