DDM Analysis: 9319.T

Valuation Snapshot

Stable Growth	$1,635.54 - $3,238.90	$2,264.67
Multi-Stage	$2,460.46 - $2,701.72	$2,578.79
Blended Fair Value	$2,421.73
Current Price	$1,402.00
Upside	72.73%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	7.36%	3.51%	32.62	29.72	26.88	23.13	23.03	22.87	25.14	23.06	23.06	23.08
YoY Growth	-	-	9.77%	10.55%	16.21%	0.46%	0.71%	-9.05%	9.04%	0.00%	-0.11%	-0.12%
Dividend Yield	-	-	2.38%	2.26%	2.46%	2.38%	2.20%	2.31%	2.39%	1.85%	2.12%	2.60%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,843.69
(-) Cash Dividends Paid (M)	672.37
(=) Cash Retained (M)	1,171.32

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	368.74	230.46	138.28
Cash Retained (M)	1,171.32	1,171.32	1,171.32
(-) Cash Required (M)	-368.74	-230.46	-138.28
(=) Excess Retained (M)	802.58	940.86	1,033.05
(/) Shares Outstanding (M)	18.52	18.52	18.52
(=) Excess Retained per Share	43.34	50.80	55.78
LTM Dividend per Share	36.31	36.31	36.31
(+) Excess Retained per Share	43.34	50.80	55.78
(=) Adjusted Dividend	79.64	87.11	92.09
WACC / Discount Rate	6.45%	6.45%	6.45%
Growth Rate	1.51%	2.51%	3.51%
Fair Value	$1,635.54	$2,264.67	$3,238.90
Upside / Downside	16.66%	61.53%	131.02%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,843.69	1,889.90	1,937.26	1,985.81	2,035.58	2,086.60	2,149.19
Payout Ratio	36.47%	47.17%	57.88%	68.59%	79.29%	90.00%	92.50%
Projected Dividends (M)	672.37	891.56	1,121.31	1,362.02	1,614.09	1,877.94	1,988.00

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.45%	6.45%	6.45%
Growth Rate	1.51%	2.51%	3.51%
Year 1 PV (M)	829.37	837.54	845.71
Year 2 PV (M)	970.35	989.56	1,008.96
Year 3 PV (M)	1,096.44	1,129.17	1,162.54
Year 4 PV (M)	1,208.73	1,257.07	1,306.85
Year 5 PV (M)	1,308.23	1,373.96	1,442.29
PV of Terminal Value (M)	40,153.78	42,171.04	44,268.56
Equity Value (M)	45,566.90	47,758.33	50,034.92
Shares Outstanding (M)	18.52	18.52	18.52
Fair Value	$2,460.46	$2,578.79	$2,701.72
Upside / Downside	75.50%	83.94%	92.70%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 21 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
GATX	GATX Corporation	1.45%	$2.47	28.36%
SF	Stifel Financial Corp.	1.45%	$1.86	30.82%
0HFN.L	Analog Devices, Inc.	1.44%	$3.90	84.88%
HAYN	Haynes International, Inc.	1.44%	$0.88	30.16%
0I58.L	Cummins Inc.	1.43%	$7.42	38.53%
0HRJ.L	CSX Corporation	1.42%	$0.51	33.32%
OLED	Universal Display Corporation	1.42%	$1.73	37.24%
BBW	Build-A-Bear Workshop, Inc.	1.41%	$0.86	19.50%
LBC	Luther Burbank Corporation	1.41%	$0.13	17.07%
SNDR	Schneider National, Inc.	1.41%	$0.38	58.72%
0R13.L	Church & Dwight Co., Inc.	1.40%	$1.16	36.55%
COHN	Cohen & Company Inc.	1.40%	$0.35	48.05%
HLI	Houlihan Lokey, Inc.	1.40%	$2.48	39.81%
PATK	Patrick Industries, Inc.	1.40%	$1.54	44.05%
CXT	Crane NXT, Co.	1.39%	$0.66	24.82%
ESBA	Empire State Realty OP, L.P.	1.39%	$0.09	49.94%
MMS	Maximus, Inc.	1.39%	$1.21	21.54%
WYNN	Wynn Resorts, Limited	1.39%	$1.70	34.98%
ATEN	A10 Networks, Inc.	1.38%	$0.24	34.61%
HYAC	Haymaker Acquisition Corp. III	1.38%	$0.16	37.41%
ISTR	Investar Holding Corporation	1.38%	$0.36	18.11%
MCY	Mercury General Corporation	1.38%	$1.27	16.00%
ACU	Acme United Corporation	1.37%	$0.55	28.31%
DE	Deere & Company	1.36%	$6.34	34.22%
HYAC-UN	Haymaker Acquisition Corp. 4	1.36%	$0.16	37.41%
RTX	RTX Corporation	1.36%	$2.56	52.52%
0HIN.L	Assurant, Inc.	1.35%	$3.22	19.47%
AL	Air Lease Corporation	1.35%	$0.86	9.51%
BGCP	BGC Partners, Inc.	1.34%	$0.06	11.88%
ESRT	Empire State Realty Trust, Inc.	1.34%	$0.09	49.94%
HUM	Humana Inc.	1.34%	$3.55	33.23%
ZEUS	Olympic Steel, Inc.	1.34%	$0.59	50.16%
0K9L.L	Nucor Corporation	1.33%	$2.22	31.04%
BY	Byline Bancorp, Inc.	1.33%	$0.39	13.97%
LPX	Louisiana-Pacific Corporation	1.33%	$1.09	35.19%
OPOF	Old Point Financial Corporation	1.33%	$0.56	32.91%
WSM	Williams-Sonoma, Inc.	1.33%	$2.50	27.85%
RUSHA	Rush Enterprises, Inc.	1.32%	$0.71	21.15%
VLEOX	Value Line Small Cap Opportunities Fund, Inc. Investor Class	1.32%	$0.79	56.29%
0IW7.L	Global Payments Inc.	1.31%	$1.01	13.82%
APO	Apollo Global Management, Inc.	1.31%	$1.92	27.59%
EMP	Entergy Mississippi, Inc. 1M BD 66	1.31%	$0.27	6.72%
NDSN	Nordson Corporation	1.31%	$3.15	36.67%
ROK	Rockwell Automation, Inc.	1.31%	$5.23	68.01%
UMBF	UMB Financial Corporation	1.31%	$1.52	18.87%
0L3I.L	The Charles Schwab Corporation	1.30%	$1.29	28.42%
0R2X.L	Corning Incorporated	1.30%	$1.15	72.69%
EBAY	eBay Inc.	1.30%	$1.13	24.20%
GGG	Graco Inc.	1.30%	$1.07	36.31%
HES	Hess Corporation	1.30%	$1.94	26.90%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Chuo Warehouse Co.,Ltd. (9319.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener