Notice Regarding Dividend from Surplus

Dividend Details

MUGEN ESTATE Co., Ltd. has resolved to submit the dividend from surplus for the record date of December 31, 2025, to the 36th Annual General Meeting of Shareholders scheduled for March 26, 2026. The year-end dividend is 69 yen per share, with a total dividend amount of 1,620 million yen, and the effective date is scheduled for March 27, 2026. The total annual dividend for the fiscal year ending December 2025 is 114 yen, consisting of the interim dividend of 45 yen and the year-end dividend of 69 yen, representing an increase from the previous fiscal year's total dividend of 104 yen.

Dividend Policy and Shareholder Returns

The company positions shareholder returns as an important management issue and aims to maintain stable dividends while strengthening its financial structure and enhancing internal reserves. The medium- to long-term consolidated payout ratio target is set at 40% or higher, and profit distribution decisions are made comprehensively based on performance levels and the balance sheet. This dividend is in line with the latest dividend forecast, demonstrating the company’s commitment to stable dividends going forward.