Notice Regarding Revision of Dividend Policy (Increase of Dividend Payout Ratio Target)

Overview of Revision to Dividend Policy

Toko Takasago Electric Co., Ltd. resolved at the Board of Directors meeting held on April 28, 2026 to raise the dividend payout ratio target from the previous 30% to 40% from fiscal 2026 onward. The dividend source is based on net income attributable to owners of the parent, aiming for stable dividends while considering fluctuations due to non-recurring special factors.

Reasons for Change and Future Outlook

Consolidated operating income and ordinary income for fiscal 2025 both reached record highs, achieving the final-year targets of the medium-term management plan ahead of schedule. Order status remains strong, and improved stable cash generation is expected. Therefore, with management mindful of capital costs and stock price, the company increased the dividend payout ratio to enhance shareholder returns while securing investment capacity necessary for future growth. This revision will be applied from the fiscal year ending March 2027 and has no impact on the dividend forecast for the fiscal year ending March 2026.