Noritz Corporation

TSE:5943 Stock Report

Market Cap: JP¥105.5b

Noritz Dividends and Buybacks

Dividend criteria checks 4/6

Noritz is a dividend paying company with a current yield of 4.07% that is well covered by earnings. Next payment date is on 14th September, 2026 with an ex-dividend date of 29th June, 2026.

Key information

4.1%

Dividend yield

1.6%

Buyback Yield

Total Shareholder Yield5.7%
Future Dividend Yield3.5%
Dividend Growth9.8%
Next dividend pay date14 Sep 26
Ex dividend date29 Jun 26
Dividend per sharen/a
Payout ratio53%

Recent dividend and buyback updates

Recent updates

Analysis Article • Feb 13

Noritz Corporation's (TSE:5943) 25% Price Boost Is Out Of Tune With Earnings

Despite an already strong run, Noritz Corporation ( TSE:5943 ) shares have been powering on, with a gain of 25% in the...
Analysis Article • May 14

Noritz Corporation's (TSE:5943) Shareholders Might Be Looking For Exit

Noritz Corporation's ( TSE:5943 ) price-to-earnings (or "P/E") ratio of 20.3x might make it look like a strong sell...
Analysis Article • Apr 07

Noritz (TSE:5943) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 20

Noritz (TSE:5943) Strong Profits May Be Masking Some Underlying Issues

The recent earnings posted by Noritz Corporation ( TSE:5943 ) were solid, but the stock didn't move as much as we...
Analysis Article • Aug 05

Noritz (TSE:5943) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 5943's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5943's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

Noritz Dividend Yield vs Market
How does 5943 dividend yield compare to the market?
SegmentDividend Yield
Company (5943)4.1%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Consumer Durables)1.5%
Analyst forecast (5943) (up to 3 years)3.5%

Notable Dividend: 5943's dividend (4.07%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).

High Dividend: 5943's dividend (4.07%) is in the top 25% of dividend payers in the JP market (3.83%)

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.8%), 5943's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (114.4%), 5943's dividend payments are not well covered by cash flows.

Discover strong dividend paying companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 23:20
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Noritz Corporation is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maoki MatsunoDaiwa Securities Co. Ltd.
Yoji OtaniDeutsche Bank
Mark BrownHaitong International Research Limited