Basic Policy on Shareholder Returns

We recognize the importance of providing appropriate shareholder returns. Our basic policy is to distribute dividends from surplus in an appropriate manner, taking into consideration the balance between retained earnings and dividend payments.

In order to respond to changes in the business environment, our policy is to provide stable and continuous returns to shareholders, while taking into consideration the strengthening of our corporate structure and future business environment. During the period covered by our Medium-term Management Plan commencing in the fiscal year ending June 2026, we have adopted a progressive dividend policy with an annual dividend of ¥28 per share as the base amount. In addition, we may conduct share repurchases as necessary, taking into consideration the business environment and stock market conditions.

The Company’s basic policy is to pay dividends from surplus once a year as a year-end dividend. The decision-making body for dividends is the General Meeting of Shareholders. The Company’s Articles of Incorporation stipulate that “the Company may, by resolution of the Board of Directors, pay an interim dividend, with December 31 as the record date of each year.”

Shareholder Benefits

We have no shareholder benefit plan.
Our basic policy is to return profits to shareholders through dividends.