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Mitsuba (TSE:7280) 5-Year Yield-on-Cost % : 0.57 (As of May. 31, 2024)


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What is Mitsuba 5-Year Yield-on-Cost %?

Mitsuba's yield on cost for the quarter that ended in Dec. 2023 was 0.57.


The historical rank and industry rank for Mitsuba's 5-Year Yield-on-Cost % or its related term are showing as below:

TSE:7280' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18   Med: 0.76   Max: 4.11
Current: 0.57


During the past 13 years, Mitsuba's highest Yield on Cost was 4.11. The lowest was 0.18. And the median was 0.76.


TSE:7280's 5-Year Yield-on-Cost % is ranked worse than
86.33% of 812 companies
in the Vehicles & Parts industry
Industry Median: 2.385 vs TSE:7280: 0.57

Competitive Comparison of Mitsuba's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Mitsuba's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsuba's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsuba's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Mitsuba's 5-Year Yield-on-Cost % falls into.



Mitsuba 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Mitsuba is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Mitsuba  (TSE:7280) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Mitsuba 5-Year Yield-on-Cost % Related Terms

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Mitsuba (TSE:7280) Business Description

Traded in Other Exchanges
N/A
Address
1-2681 Hirosawa-cho, Kiryu, Gunma Pref., JPN, 376-8555
Mitsuba Corp is a manufacturer of electrical components for automotive vehicles. The company produces front wipers, power window motors, power slide-door systems, electrical power steering motors, starter motors, and electrical oil pumps for automotive vehicles. Further, Mitsuba supplies electrical motors and components to the motorcycle, electric vehicle, and nursing-care industries. The largest end markets are Asia, with a special focus on Japan, and America.

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