DDM Analysis: 7456.T

Valuation Snapshot

Stable Growth	$35,515.38 - $83,846.61	$78,576.55
Multi-Stage	$12,187.74 - $13,348.88	$12,757.61
Blended Fair Value	$45,667.08
Current Price	$4,190.00
Upside	989.91%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	14.87%	10.18%	65.00	55.27	49.33	42.26	35.47	32.50	29.45	28.45	28.45	27.64
YoY Growth	-	-	17.60%	12.05%	16.71%	19.15%	9.14%	10.35%	3.53%	0.00%	2.93%	12.05%
Dividend Yield	-	-	1.96%	1.87%	2.17%	2.11%	1.65%	2.43%	1.96%	1.74%	1.92%	2.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	10,923.00
(-) Cash Dividends Paid (M)	1,943.00
(=) Cash Retained (M)	8,980.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2,184.60	1,365.38	819.23
Cash Retained (M)	8,980.00	8,980.00	8,980.00
(-) Cash Required (M)	-2,184.60	-1,365.38	-819.23
(=) Excess Retained (M)	6,795.40	7,614.63	8,160.78
(/) Shares Outstanding (M)	25.91	25.91	25.91
(=) Excess Retained per Share	262.29	293.91	314.99
LTM Dividend per Share	75.00	75.00	75.00
(+) Excess Retained per Share	262.29	293.91	314.99
(=) Adjusted Dividend	337.28	368.90	389.98
WACC / Discount Rate	6.50%	6.50%	6.50%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$35,515.38	$78,576.55	$83,846.61
Upside / Downside	747.62%	1,775.34%	1,901.11%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	10,923.00	11,633.00	12,389.14	13,194.43	14,052.07	14,965.46	15,414.42
Payout Ratio	17.79%	32.23%	46.67%	61.12%	75.56%	90.00%	92.50%
Projected Dividends (M)	1,943.00	3,749.38	5,782.37	8,063.81	10,617.41	13,468.91	14,258.34

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.50%	6.50%	6.50%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	3,487.42	3,520.48	3,553.53
Year 2 PV (M)	5,002.61	5,097.90	5,194.08
Year 3 PV (M)	6,488.98	6,675.26	6,865.07
Year 4 PV (M)	7,946.95	8,252.57	8,566.91
Year 5 PV (M)	9,376.91	9,829.82	10,300.06
PV of Terminal Value (M)	283,459.08	297,150.25	311,365.43
Equity Value (M)	315,761.95	330,526.27	345,845.08
Shares Outstanding (M)	25.91	25.91	25.91
Fair Value	$12,187.74	$12,757.61	$13,348.88
Upside / Downside	190.88%	204.48%	218.59%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 15 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
0R28.L	Newmont Corporation	2.49%	$1.01	15.53%
ETR	Entergy Corporation	2.49%	$2.34	57.35%
NKE	NIKE, Inc.	2.49%	$1.58	80.59%
OTTR	Otter Tail Corporation	2.49%	$2.03	30.69%
FHN	First Horizon Corporation	2.48%	$0.60	34.42%
PWP	Perella Weinberg Partners	2.48%	$0.44	69.65%
SCS	Steelcase Inc.	2.48%	$0.40	50.05%
PBI	Pitney Bowes Inc.	2.46%	$0.25	61.37%
RBCAA	Republic Bancorp, Inc.	2.45%	$1.67	25.85%
SRCE	1st Source Corporation	2.45%	$1.53	25.20%
TRMK	Trustmark Corporation	2.45%	$0.96	26.11%
VOYA	Voya Financial, Inc.	2.45%	$1.86	29.46%
AWK	American Water Works Company, Inc.	2.44%	$3.18	55.85%
LSTR	Landstar System, Inc.	2.44%	$3.58	90.21%
NGL	NGL Energy Partners LP	2.44%	$0.24	24.52%
TCFC	The Community Financial Corporation	2.44%	$0.66	12.72%
CADE	Cadence Bank	2.43%	$1.05	37.49%
JNJ	Johnson & Johnson	2.43%	$5.04	48.70%
MBCN	Middlefield Banc Corp.	2.43%	$0.83	42.36%
0L7G.L	Snap-on Incorporated	2.42%	$8.43	44.15%
ITW	Illinois Tool Works Inc.	2.42%	$6.04	58.20%
MOFG	MidWestOne Financial Group, Inc.	2.40%	$0.92	32.44%
FFIN	First Financial Bankshares, Inc.	2.39%	$0.72	42.45%
ADP	Automatic Data Processing, Inc.	2.38%	$6.03	59.30%
CAL	Caleres, Inc.	2.38%	$0.29	46.21%
ABM	ABM Industries Incorporated	2.37%	$1.01	54.79%
FUNC	First United Corporation	2.36%	$0.88	22.87%
HON	Honeywell International Inc.	2.36%	$4.63	48.21%
RILYK	B. Riley Financial, Inc. 5.50% Senior Notes Due 2026	2.36%	$0.58	56.91%
CDW	CDW Corporation	2.35%	$3.14	39.31%
CHMG	Chemung Financial Corporation	2.35%	$1.28	46.47%
LZB	La-Z-Boy Incorporated	2.35%	$0.88	40.20%
PKG	Packaging Corporation of America	2.35%	$4.97	50.31%
UNP	Union Pacific Corporation	2.35%	$5.44	45.77%
0K91.L	Northern Trust Corporation	2.34%	$3.20	35.68%
MCD	McDonald's Corporation	2.33%	$7.07	60.14%
MGEE	MGE Energy, Inc.	2.32%	$1.82	49.49%
MZTI	The Marzetti Company	2.32%	$3.82	61.80%
UNM	Unum Group	2.32%	$1.79	33.52%
RILYM	B. Riley Financial, Inc. - 6.37	2.31%	$0.58	56.91%
RILYO	B. Riley Financial, Inc. - 6.75	2.31%	$0.58	56.91%
HONIV	Honeywell International Inc. Common Stock Ex Distribution When Issued	2.30%	$4.63	48.21%
PGR	The Progressive Corporation	2.30%	$4.88	26.80%
WNEB	Western New England Bancorp, Inc.	2.30%	$0.28	43.00%
0R23.L	Halliburton Company	2.29%	$0.68	44.61%
ADS	Bread Financial Holdings, Inc.	2.29%	$1.30	21.08%
HLNE	Hamilton Lane Incorporated	2.29%	$3.13	74.09%
BSVN	Bank7 Corp.	2.28%	$0.94	20.81%
MCBC	Macatawa Bank Corporation	2.28%	$0.34	28.37%
BRKL	Brookline Bancorp, Inc.	2.27%	$0.54	61.06%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

MATSUDA SANGYO Co., Ltd. (7456.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener