Notice Regarding Change in Basic Policy on Profit Distribution and Dividend of Surplus

Change in Basic Policy on Profit Distribution

Makita Corporation has revised its basic policy on profit distribution from the perspectives of strengthening shareholder returns and improving capital efficiency. Previously, the company set an annual dividend of 20 yen as the minimum and a total shareholder return ratio of 35% or more. From the dividend for the fiscal year ending March 2026 onwards, the basic policy is to maintain a consolidated payout ratio of 50% or more. In cases of special factors, the dividend amount will be determined based on the adjusted basic earnings per share.

Details of Surplus Dividend and Future Plans

For the dividend of surplus with the record date of March 31, 2026, a dividend per share of 130 yen and a total dividend amount of 33,594 million yen have been resolved. This represents a significant increase from the previous fiscal year's dividend per share of 90 yen and total dividend amount of 24,214 million yen. The source of the dividend is retained earnings, and the effective date is scheduled for June 25, 2026. This dividend is planned to be proposed at the 114th Annual General Meeting of Shareholders scheduled for June 24, 2026.