#OSGCorporation

Adjusted the conversion price of the 2030 maturity Euro-Yen convertible bonds with acquisition clause from 2,096.0 yen to 2,069.4 yen. The effective date is December 1, 2025. Dividends were decided at 60 yen per share for the year-end and 88 yen annually.

On March 17, 2026, disposed of 26,557 shares of treasury stock for a total of ¥76,072,528. The restriction period is 30 years, targeting 2 directors and 11 executive officers.

For the consolidated fiscal year ending November 2025, OSG Corporation announced net sales of 160,619 million yen (3.3% YoY increase), operating income of 20,330 million yen (7.7% YoY increase), net income attributable to owners of parent of 14,334 million yen (6.7% YoY increase), and an annual dividend of 88 yen per share (28 yen increase from the previous year).

From the fiscal year ending November 2026, the dividend policy will be revised from a consolidated payout ratio of over 35% to a basis of the higher between 45% or a DOE (Dividend on Equity) of 3.5%, aiming for stable dividends with an emphasis on capital efficiency.