Dividends and Shareholder Returns

As for dividend, the Company set the year-end dividend for the fiscal year ended March 31, 2026 at 22.0 yen per share, as previously forecasted. Combined with the second quarter-end dividend, the annual dividend per share is 40.0 yen. As a result, payout ratio during this fiscal year is 41.4%.
Under the Long-term Management Policy, which was formulated in April 2025, the Company set a financial policy of the total return ratio to be 40-50% and of setting a level that meets DOE of 4% as the lower limit for annual dividend. Based on these policies, in regard to the dividend for the next fiscal year, the Company intends to set both the second quarter-end and the year-end dividend for the fiscal year ending March 31, 2026 at 22.0 yen per share, therefore the annual dividend per share is expected to be 44.0 yen.

(Note) DOE = annual dividend / average shareholders’ equity during the period

*Amounts have been retroactively adjusted (pre-split dividends divided by 5) to reflect the 5-for-1 stock split effective April 1, 2025.

We do not currently offer special benefit plans for shareholders. The establishment of any such benefit plans for the future will be discussed, and action related thereto will be determined with due consideration given to the Group's Shareholder Return Policy and requests from shareholders.