Dividend Information

Dividend Policy and Trends

As of February 14, 2025

The Company considers the return of profits to its shareholders as an important management issue and has consistently paid stable dividends. While adhering to this stable dividend policy, the Company will remain committed to meeting its shareholders' expectations by paying dividends linked to its business performance while maintaining its financial soundness.

While aiming to maintain a consolidated dividend payout ratio of 30% or higher throughout the “Mid Term '21 Plan” period (from FY2021 to FY2025), the Company intends to realize the policy of distributing stable profits linked to its performance by adjusting non-recurring and special gains and losses included in net income to link dividend payment to profits that are more reflective of the Company’s underlying profitability.

Dividend per share (yen)

	FY2021 (106th period)	FY2022 (107th period)	FY2023 (108th period)	FY2024 (109th period)	FY2025 (110th period) Forecast
Interim Dividends	20.00	30.00	20.00	50.00	60.00
Year-End Dividends	56.00	50.00	80.00	70.00	65.00
Annual Dividends	76.00	80.00	100.00	120.00	125.00