DDM Analysis: 6393.T

Valuation Snapshot

Stable Growth	$6,647.04 - $15,474.81	$9,746.94
Multi-Stage	$8,330.68 - $9,136.19	$8,725.84
Blended Fair Value	$9,236.39
Current Price	$2,925.00
Upside	215.77%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	4.44%	4.49%	107.44	108.21	96.32	87.01	86.53	86.48	87.35	78.60	89.08	79.23
YoY Growth	-	-	-0.72%	12.35%	10.69%	0.56%	0.06%	-1.00%	11.13%	-11.76%	12.43%	14.40%
Dividend Yield	-	-	4.08%	4.50%	4.71%	5.03%	4.96%	5.96%	5.20%	3.12%	3.92%	4.86%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,241.89
(-) Cash Dividends Paid (M)	566.30
(=) Cash Retained (M)	675.58

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	248.38	155.24	93.14
Cash Retained (M)	675.58	675.58	675.58
(-) Cash Required (M)	-248.38	-155.24	-93.14
(=) Excess Retained (M)	427.20	520.35	582.44
(/) Shares Outstanding (M)	3.78	3.78	3.78
(=) Excess Retained per Share	112.99	137.62	154.04
LTM Dividend per Share	149.78	149.78	149.78
(+) Excess Retained per Share	112.99	137.62	154.04
(=) Adjusted Dividend	262.76	287.40	303.82
WACC / Discount Rate	6.54%	6.54%	6.54%
Growth Rate	2.49%	3.49%	4.49%
Fair Value	$6,647.04	$9,746.94	$15,474.81
Upside / Downside	127.25%	233.23%	429.05%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,241.89	1,285.20	1,330.03	1,376.43	1,424.44	1,474.13	1,518.35
Payout Ratio	45.60%	54.48%	63.36%	72.24%	81.12%	90.00%	92.50%
Projected Dividends (M)	566.30	700.18	842.71	994.33	1,155.51	1,326.71	1,404.47

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.54%	6.54%	6.54%
Growth Rate	2.49%	3.49%	4.49%
Year 1 PV (M)	650.85	657.20	663.56
Year 2 PV (M)	728.15	742.43	756.85
Year 3 PV (M)	798.63	822.24	846.31
Year 4 PV (M)	862.70	896.87	932.04
Year 5 PV (M)	920.74	966.55	1,014.16
PV of Terminal Value (M)	27,537.35	28,907.26	30,331.16
Equity Value (M)	31,498.44	32,992.56	34,544.07
Shares Outstanding (M)	3.78	3.78	3.78
Fair Value	$8,330.68	$8,725.84	$9,136.19
Upside / Downside	184.81%	198.32%	212.35%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Yuken Kogyo Co., Ltd. (6393.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener