インカム投資家向け銘柄・記事
Educational content only. Not financial advice. See the full Disclaimer. BLUF: JT’s own dividend table estimates a FY2026 annual dividend of JPY 272 (JPY 136 interim plus JPY 136 year-end, both estimated) at an estimated 75.2% payout ratio, up from FY2025’s actual JPY 234 (JPY 104 interim plus JPY 130 year-end) at an 85.0% payout … Read more
Educational content only. Not financial advice. See the full Disclaimer. BLUF: Mitsubishi Corporation’s own shareholder-returns page confirms a JPY 110 per-share dividend for the fiscal year ended March 2026 (JPY 55 interim plus JPY 55 year-end) and a forecast of JPY 125 for the fiscal year ending March 2027 (JPY 62 interim plus JPY 63 … Read more
Educational content only. Not financial advice. See the full Disclaimer. BLUF: Tokyo Gas’s April 28, 2026 results presentation confirms a FY26/3 (year ended March 2026) dividend of JPY 110 per share, raised JPY 10 from the prior forecast, and a FY27/3 (forecast) dividend of JPY 120 per share under an explicit progressive dividend policy that … Read more
Educational content only. Not financial advice. See the full Disclaimer. BLUF: Tokyo Electron’s FY2026 dividend table totals JPY 628 per share—JPY 264 interim plus JPY 364 year-end—but its policy links dividends to performance at around a 50% payout ratio. For an income investor, that makes earnings cyclicality part of the payout design, not a footnote. … Read more
Educational content only. Not financial advice. See the full Disclaimer. BLUF: TEPCO fails an income investor’s first screen today: its official page reports no FY2025 dividend and plans neither an interim nor a year-end dividend for FY2026. A zero cash distribution is not a low yield to debate; it is a disqualifier for a portfolio … Read more
Educational content only. Not financial advice. See the full Disclaimer. Are Japan’s above-average dividend yields a governance red flag, or is Tokyo quietly derisking them? More than 2,600 TSE Prime and Standard-market companies entered 2026 still trading below 1.0x book value, and the reform built to fix that just passed its Q3 2026 checkpoint. This … Read more
Educational content only. Not financial advice. See the full Disclaimer. Why does a single 2023 letter from the Tokyo Stock Exchange still matter in 2026? Because it created the first enforcement mechanism I’ve seen actually move the needle on Japan’s chronic book-value discount — and that’s exactly why this reform cycle deserves more than a … Read more
Educational content only. Not financial advice. See the full Disclaimer. Why does a TSE Prime-listed insurer trading at 0.7x book value pay a 4.2% yield most U.S. dividend screens never surface? Tracking Tokyo’s capital-efficiency reform push in the original Japanese-language filings, I read SOMPO’s valuation gap as policy-driven mispricing, not a warning sign. Investment Thesis … Read more
Educational content only. Not financial advice. See the full Disclaimer. Is Tokyo Gas (9531) still a slow-growth city-gas monopoly, or has its power, retail electricity, and overseas LNG mix already made it closer to a diversified infrastructure fund? Japanese-language filings already hint at that shift, and I don’t think English-language coverage has caught up yet. … Read more
