Notice Regarding Determination of Shareholder Return Policy for the 9th Medium-Term Management Plan Period

Overview of Shareholder Return Policy

During the 9th Medium-Term Management Plan period, the basic policy is to continue shareholder returns stably, emphasizing long-term profit distribution. The annual basic dividend per share is set at 50 yen, with a consolidated payout ratio target of 35% or more. The annual dividend floor is set at 130 yen, and more proactive dividends will be considered depending on shareholder support. The applicable period is from the fiscal year ending March 2027 through the fiscal year ending March 2029.

Impact on Shareholders and Future Policy

While maintaining stable dividends as the foundation, the company clarifies the basic dividend policy and minimum level by taking into account profit forecasts and strengthening the management base. By maintaining the payout ratio target over the long term, the company aims to enhance the transparency and predictability of shareholder returns and improve shareholder value. Depending on future performance trends, there will be scope to consider dividend adjustments.