Notice Regarding Change in Basic Dividend Policy

Overview of Change in Basic Dividend Policy

At the board meeting held on February 26, 2026, PCA Corporation resolved to change its basic dividend policy. The previous policy of approximately 100% consolidated payout ratio and progressive dividend will end with the fiscal year ending March 2026. From the fiscal year ending March 2027, the dividend policy will shift to using consolidated dividend on equity (DOE), based on equity, as an indicator. This change reflects the expected achievement of 10% ROE and a positive turn of EVA spread, aiming to balance growth investments and shareholder returns in a business environment advancing AI social implementation.

Future Outlook and Shareholder Return Policy

Going forward, the company will strive for stable returns aligned with mid- to long-term net asset growth without being influenced by short-term earnings fluctuations. The dividend for the fiscal year ending March 2026 is planned at 95 yen per share. The specific dividend amount for the fiscal year ending March 2027 will be announced at the financial results disclosure scheduled for late April 2026. By using DOE as an indicator, the company aims to maintain a solid financial base and ensure a stable dividend level.