Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Takara Standard Co.,Ltd. (7981.T)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$8,448.31 - $41,112.01$18,097.02
Multi-Stage$9,787.04 - $10,751.04$10,259.89
Blended Fair Value$14,178.46
Current Price$2,613.00
Upside442.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS9.26%6.25%56.1755.1862.5140.4837.1736.0835.0032.8231.7330.65
YoY Growth--1.79%-11.73%54.43%8.89%3.03%3.08%6.65%3.44%3.51%0.05%
Dividend Yield--2.31%3.18%3.40%3.24%2.45%2.36%2.00%1.78%1.73%1.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)14,156.00
(-) Cash Dividends Paid (M)5,270.00
(=) Cash Retained (M)8,886.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,831.201,769.501,061.70
Cash Retained (M)8,886.008,886.008,886.00
(-) Cash Required (M)-2,831.20-1,769.50-1,061.70
(=) Excess Retained (M)6,054.807,116.507,824.30
(/) Shares Outstanding (M)66.8566.8566.85
(=) Excess Retained per Share90.57106.46117.04
LTM Dividend per Share78.8378.8378.83
(+) Excess Retained per Share90.57106.46117.04
(=) Adjusted Dividend169.41185.29195.88
WACC / Discount Rate5.01%5.01%5.01%
Growth Rate2.94%3.94%4.94%
Fair Value$8,448.31$18,097.02$41,112.01
Upside / Downside223.32%592.58%1,473.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)14,156.0014,714.1015,294.2115,897.1816,523.9317,175.3917,690.65
Payout Ratio37.23%47.78%58.34%68.89%79.45%90.00%92.50%
Projected Dividends (M)5,270.007,030.758,922.1510,951.7613,127.5415,457.8516,363.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.01%5.01%5.01%
Growth Rate2.94%3.94%4.94%
Year 1 PV (M)6,631.116,695.536,759.94
Year 2 PV (M)7,936.678,091.628,248.06
Year 3 PV (M)9,188.349,458.729,734.35
Year 4 PV (M)10,387.7310,797.2811,218.82
Year 5 PV (M)11,536.4112,107.7412,701.48
PV of Terminal Value (M)608,574.07638,712.88670,034.11
Equity Value (M)654,254.32685,863.76718,696.76
Shares Outstanding (M)66.8566.8566.85
Fair Value$9,787.04$10,259.89$10,751.04
Upside / Downside274.55%292.65%311.44%

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