DDM Analysis: 6584.T

Valuation Snapshot

Stable Growth	$879.18 - $1,496.63	$1,147.46
Multi-Stage	$1,609.73 - $1,769.26	$1,687.96
Blended Fair Value	$1,417.71
Current Price	$927.00
Upside	52.94%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	7.04%	2.03%	28.57	25.42	25.42	24.91	12.71	20.33	25.42	24.91	24.38	23.88
YoY Growth	-	-	12.42%	0.00%	2.02%	96.04%	-37.50%	-20.00%	2.02%	2.18%	2.11%	2.15%
Dividend Yield	-	-	4.49%	2.45%	2.96%	3.81%	1.08%	3.02%	5.33%	3.53%	3.07%	4.38%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,561.00
(-) Cash Dividends Paid (M)	1,023.00
(=) Cash Retained (M)	1,538.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	512.20	320.13	192.08
Cash Retained (M)	1,538.00	1,538.00	1,538.00
(-) Cash Required (M)	-512.20	-320.13	-192.08
(=) Excess Retained (M)	1,025.80	1,217.88	1,345.93
(/) Shares Outstanding (M)	35.80	35.80	35.80
(=) Excess Retained per Share	28.65	34.02	37.59
LTM Dividend per Share	28.57	28.57	28.57
(+) Excess Retained per Share	28.65	34.02	37.59
(=) Adjusted Dividend	57.22	62.59	66.17
WACC / Discount Rate	6.54%	6.54%	6.54%
Growth Rate	0.03%	1.03%	2.03%
Fair Value	$879.18	$1,147.46	$1,496.63
Upside / Downside	-5.16%	23.78%	61.45%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,561.00	2,587.30	2,613.87	2,640.72	2,667.84	2,695.23	2,776.09
Payout Ratio	39.95%	49.96%	59.97%	69.98%	79.99%	90.00%	92.50%
Projected Dividends (M)	1,023.00	1,292.52	1,567.47	1,847.92	2,133.98	2,425.71	2,567.88

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.54%	6.54%	6.54%
Growth Rate	0.03%	1.03%	2.03%
Year 1 PV (M)	1,201.20	1,213.20	1,225.21
Year 2 PV (M)	1,353.79	1,381.00	1,408.47
Year 3 PV (M)	1,483.25	1,528.18	1,574.01
Year 4 PV (M)	1,591.83	1,656.45	1,723.01
Year 5 PV (M)	1,681.60	1,767.36	1,856.57
PV of Terminal Value (M)	50,321.06	52,887.24	55,557.05
Equity Value (M)	57,632.74	60,433.43	63,344.34
Shares Outstanding (M)	35.80	35.80	35.80
Fair Value	$1,609.73	$1,687.96	$1,769.26
Upside / Downside	73.65%	82.09%	90.86%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 29 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
BTBT	Bit Digital, Inc.	0.25%	$0.01	1.17%
PVH	PVH Corp.	0.25%	$0.17	2.41%
AEL	American Equity Investment Life Holding Company	0.24%	$0.14	2.19%
CRS	Carpenter Technology Corporation	0.24%	$0.80	9.74%
L	Loews Corporation	0.24%	$0.25	3.58%
PRIM	Primoris Services Corporation	0.23%	$0.30	5.83%
TER	Teradyne, Inc.	0.23%	$0.48	17.39%
FOCS	Focus Financial Partners Inc.	0.22%	$0.12	19.23%
QCRH	QCR Holdings, Inc.	0.22%	$0.18	2.50%
RMAX	RE/MAX Holdings, Inc.	0.22%	$0.02	2.70%
VSEC	VSE Corporation	0.22%	$0.40	30.98%
0J5I.L	Hilton Worldwide Holdings Inc.	0.21%	$0.60	8.71%
PRVAX	Virginia Tax Free Bond Fund	0.21%	$0.02	89.04%
ACA	Arcosa, Inc.	0.19%	$0.20	6.66%
HWM	Howmet Aerospace Inc.	0.19%	$0.40	11.24%
USLM	United States Lime & Minerals, Inc.	0.19%	$0.23	5.04%
AEIS	Advanced Energy Industries, Inc.	0.18%	$0.40	10.65%
BELFA	Bel Fuse Inc.	0.18%	$0.28	5.31%
TILE	Interface, Inc.	0.18%	$0.05	2.63%
0K05.L	Medifast, Inc.	0.17%	$0.02	78.63%
AYI	Acuity Brands, Inc.	0.17%	$0.65	5.19%
BDC	Belden Inc.	0.17%	$0.20	3.53%
FIX	Comfort Systems USA, Inc.	0.17%	$1.70	7.18%
KNSL	Kinsale Capital Group, Inc.	0.17%	$0.66	3.24%
STCN	Steel Connect, Inc.	0.17%	$0.02	1.98%
VVI	Viad Corp	0.17%	$0.07	0.54%
ALNT	Allient Inc.	0.16%	$0.09	7.91%
CLSK	CleanSpark, Inc.	0.16%	$0.02	1.41%
EME	EMCOR Group, Inc.	0.16%	$1.01	4.01%
ESE	ESCO Technologies Inc.	0.16%	$0.32	2.76%
CW	Curtiss-Wright Corporation	0.15%	$0.87	7.08%
MU	Micron Technology, Inc.	0.15%	$0.46	6.11%
SPCMU	Sound Point Acquisition Corp I, Ltd	0.15%	$0.02	1.33%
ENSG	The Ensign Group, Inc.	0.14%	$0.24	4.34%
JBL	Jabil Inc.	0.14%	$0.33	5.48%
PFIE	Profire Energy, Inc.	0.14%	$0.00	1.99%
0R0A.L	Hecla Mining Company	0.13%	$0.02	5.24%
GNW	Genworth Financial, Inc.	0.13%	$0.01	2.27%
ONIT	Onity Group Inc.	0.13%	$0.06	1.46%
0A7O.L	MicroStrategy Incorporated	0.12%	$0.19	0.73%
0KGS.L	Pegasystems Inc.	0.12%	$0.07	4.63%
PRTAX	T. Rowe Price Tax-Free Income Fd	0.12%	$0.01	89.04%
WDC	Western Digital Corporation	0.12%	$0.22	3.25%
GEV	GE Vernova Inc.	0.11%	$0.75	12.15%
MPLF.L	Marble Point Loan Financing Limited	0.11%	$0.07	92.98%
EPAC	Enerpac Tool Group Corp.	0.10%	$0.04	2.34%
GRBK	Green Brick Partners, Inc.	0.10%	$0.07	0.85%
IR	Ingersoll Rand Inc.	0.10%	$0.08	5.89%
RAL	Ralliant Corp.	0.10%	$0.05	2.75%
TXT	Textron Inc.	0.10%	$0.08	1.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Ticker

Industry

Sector

Sanoh Industrial Co., Ltd. (6584.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener