Shareholder Returns

Shareholder Return Policy

We believe the most important issue for management is a continuous and stable profit return to our shareholders. Dividends from surplus are provided in a continuous and stable manner while we also pay attention to increasing our profitability and our financial soundness. Our guideline is a consolidated dividend payout ratio of 30%.
Our target payout ratio is approximately 30% of consolidated net income.

Dividend Trends

	FY2022	FY2023	FY2024	FY2025	FY2026
Interim Dividend	¥20	¥30	¥34	¥50	¥50(Forecast)
Year-End Dividend	¥20	¥34	¥66	¥50	¥50（Forecast）
Annual Dividend	¥40	¥64	¥100	¥100	¥100（予Forecast想）

Note: A stock split at a ratio of 5 shares for every 1 share of common stock was effective as of January 1, 2024. Dividend figures above are adjusted retroactively as if the stock split had occurred at the beginning of FY2022.

Notice on Dividend Payment Methods

In addition to receiving dividends by dividend payment statement, shareholders may choose one of the following methods:

（1）Direct deposit into a bank account

（2）Direct deposit into a Japan Post Bank (Yucho Bank) savings account

・ For shareholders currently using payment statements, we recommend switching to the safer and more reliable automatic deposit method (options 1 or 2 above).

・ To change your dividend payment method, please contact your securities company.For shareholders holding shares in a special account, please contact our special account administrator:Mitsubishi UFJ Trust and Banking Corporation, Osaka Securities Agency Division
Toll-free: 0120-094-777

Shareholder Benefits

We do not offer any shareholder benefits.