The Company aims to continuously improve its corporate value and to position the return of profits to shareholders as one of its important management priorities. From this perspective, the Medium-term Management Plan resolved at the Board of Directors meeting on May 14, 2025 will implement shareholder returns according to the following policy.

・ The total return ratio based on dividends and share buybacks will be 60% to 75% cumulatively over the three-year period of the Medium-term Management Plan (from the fiscal year ending March 2026 to the fiscal year ending March 2028).

・ Dividends will be at least 50% of the base amount each year, based on the amount of net income attributable to owners of the parent excluding the impact of extraordinary gains and losses, and annual dividends will be progressive dividends, with dividends increasing at least during the period of the Medium-term Management Plan.

In addition, the Company plans to continue paying dividends twice a year, with record dates of March 31 and September 30 each year. The decision-making body for these dividends is the General Meeting of Shareholders or the Board of Directors.

*We conducted a 1:2 stock split on January 1, 2022 and a 1:2 stock split on April 1, 2024. No adjustments have been made to past years due to the stock splits in the table below.

The dividend policy for the fiscal year ending March 2025 was to distribute profits linked to performance, with the goal of paying 50% of the base amount based on the amount of net income attributable to owners of the parent excluding the impact of extraordinary gains and losses. On the other hand, we achieved a milestone of 100 billion yen in consolidated sales in the fiscal year ending March 2025, and to express our gratitude to our shareholders for their continued support, we have decided to pay 62 yen (interim dividend 28 yen, year-end dividend 34 yen, 14 consecutive dividend increases), 3 yen higher than 50% of the base amount of 59 yen.