DDM Analysis: 4968.T

Valuation Snapshot

Stable Growth	$1,114.27 - $1,929.69	$1,464.50
Multi-Stage	$2,203.24 - $2,421.35	$2,310.19
Blended Fair Value	$1,887.35
Current Price	$1,096.00
Upside	72.20%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	1.11%	6.13%	47.99	47.99	47.99	47.99	43.95	45.42	40.53	42.64	32.06	30.80
YoY Growth	-	-	0.00%	0.00%	0.00%	9.17%	-3.22%	12.06%	-4.96%	33.02%	4.09%	16.38%
Dividend Yield	-	-	4.68%	3.97%	4.81%	4.84%	3.69%	3.67%	2.76%	2.40%	1.67%	3.27%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,734.00
(-) Cash Dividends Paid (M)	971.00
(=) Cash Retained (M)	763.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	346.80	216.75	130.05
Cash Retained (M)	763.00	763.00	763.00
(-) Cash Required (M)	-346.80	-216.75	-130.05
(=) Excess Retained (M)	416.20	546.25	632.95
(/) Shares Outstanding (M)	19.84	19.84	19.84
(=) Excess Retained per Share	20.98	27.53	31.90
LTM Dividend per Share	48.94	48.94	48.94
(+) Excess Retained per Share	20.98	27.53	31.90
(=) Adjusted Dividend	69.92	76.48	80.85
WACC / Discount Rate	6.19%	6.19%	6.19%
Growth Rate	-0.08%	0.92%	1.92%
Fair Value	$1,114.27	$1,464.50	$1,929.69
Upside / Downside	1.67%	33.62%	76.07%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,734.00	1,749.91	1,765.96	1,782.17	1,798.52	1,815.02	1,869.47
Payout Ratio	56.00%	62.80%	69.60%	76.40%	83.20%	90.00%	92.50%
Projected Dividends (M)	971.00	1,098.91	1,229.09	1,361.56	1,496.36	1,633.51	1,729.26

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.19%	6.19%	6.19%
Growth Rate	-0.08%	0.92%	1.92%
Year 1 PV (M)	1,024.62	1,034.88	1,045.13
Year 2 PV (M)	1,068.53	1,090.02	1,111.73
Year 3 PV (M)	1,103.67	1,137.14	1,171.28
Year 4 PV (M)	1,130.94	1,176.90	1,224.25
Year 5 PV (M)	1,151.15	1,209.92	1,271.06
PV of Terminal Value (M)	38,230.63	40,182.42	42,213.13
Equity Value (M)	43,709.55	45,831.29	48,036.59
Shares Outstanding (M)	19.84	19.84	19.84
Fair Value	$2,203.24	$2,310.19	$2,421.35
Upside / Downside	101.03%	110.78%	120.93%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 90 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
688267.SS	China Catalyst Holding Co., Ltd.	1.26%	$0.35	34.87%
8848.T	Leopalace21 Corporation	1.26%	$8.31	27.11%
BAUH4.SA	Excelsior Alimentos S.A.	1.26%	$1.17	21.88%
CAST.ST	Castellum AB (publ)	1.26%	$1.33	21.53%
CRH	CRH plc	1.26%	$1.60	33.62%
HBEL.BO	Humming Bird Education Limited	1.26%	$0.30	36.54%
JCI	Johnson Controls International plc	1.26%	$1.54	56.71%
KOG.OL	Kongsberg Gruppen ASA	1.26%	$3.40	42.40%
OEM-B.ST	OEM International AB (publ)	1.26%	$1.74	40.26%
SAREGAMA.BO	Saregama India Limited	1.26%	$4.51	42.77%
SDPC.JK	PT Millennium Pharmacon International Tbk	1.26%	$2.00	15.16%
002448.SZ	ZYNP Corporation	1.25%	$0.16	32.06%
0QLU.L	Basler Kantonalbank	1.25%	$1.11	12.42%
145720.KS	Dentium Co. Ltd.	1.25%	$599.51	9.81%
204320.KS	Mando Corporation	1.25%	$820.37	29.46%
3684.TWO	Grand-Tek Technology Co., Ltd.	1.25%	$0.80	29.94%
5819.KL	Hong Leong Bank Berhad	1.25%	$0.28	13.43%
600633.SS	Zhejiang Daily Digital Culture Group Co.,Ltd.	1.25%	$0.16	35.54%
600850.SS	CETC Digital Technology Co.,Ltd.	1.25%	$0.37	49.83%
603329.SS	Shanghai Ace Investment & Development Co., Ltd.	1.25%	$0.14	79.14%
603920.SS	Olympic Circuit Technology Co., Ltd	1.25%	$0.61	53.40%
6632.T	JVCKENWOOD Corporation	1.25%	$15.03	12.26%
9717.T	JASTEC Co., Ltd.	1.25%	$24.25	22.00%
9719.T	SCSK Corporation	1.25%	$70.95	36.13%
ENTER.AT	Entersoft S.A.	1.25%	$0.10	20.30%
ETN	Eaton Corporation plc	1.25%	$4.08	40.54%
IRFC.BO	Indian Railway Finance Corporation Limited	1.25%	$1.60	30.59%
LVC.WA	LiveChat Software S.A.	1.25%	$1.46	20.71%
ORSTED.CO	Ørsted A/S	1.25%	$1.60	10.19%
000514.SZ	Chongqing Yukaifa Co., Ltd	1.24%	$0.06	55.20%
002346.SZ	Shanghai Zhezhong Group Co.,Ltd	1.24%	$0.25	18.48%
002748.SZ	Jiangxi Selon Industrial Co., Ltd.	1.24%	$0.16	89.09%
1976.T	MEISEI INDUSTRIAL Co.,Ltd.	1.24%	$21.03	12.53%
300763.SZ	Ginlong Technologies Co., Ltd.	1.24%	$0.88	39.17%
600871.SS	Sinopec Oilfield Service Corporation	1.24%	$0.03	81.02%
603585.SS	Suli Co., Ltd.	1.24%	$0.23	35.70%
605116.SS	Aurisco Pharmaceutical Co.,Ltd.	1.24%	$0.31	29.49%
ALWED.PA	Wedia S.A.	1.24%	$0.38	21.38%
MNC.WA	Mennica Polska S.A.	1.24%	$0.60	6.22%
MTHH.CO	MT Højgaard Holding A/S	1.24%	$6.49	19.74%
WALL-B.ST	Wallenstam AB (publ)	1.24%	$0.51	17.40%
WRT1V.HE	Wärtsilä Oyj Abp	1.24%	$0.38	40.46%
041830.KQ	InBody Co.,Ltd	1.23%	$400.00	16.47%
0QHK.L	SeSa S.p.A.	1.23%	$1.12	27.54%
0Y5C.L	Allegion plc	1.23%	$1.99	26.83%
300726.SZ	Zhuzhou Hongda Electronics Corp.,Ltd.	1.23%	$0.63	74.98%
300916.SZ	Shenzhen Longtech Smart Control Co., Ltd.	1.23%	$0.40	42.79%
4148.TW	All Cosmos Bio-Tech Holding Corporation	1.23%	$0.48	23.21%
544.SI	CSE Global Limited	1.23%	$0.01	26.84%
600104.SS	SAIC Motor Corporation Limited	1.23%	$0.19	75.02%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Arakawa Chemical Industries, Ltd. (4968.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener