Dividends & Shareholder Returns

The company, at the Board of Directors’ Meeting on May 10, 2023, had resolved to implement a stock split in the ratio of 1 share into 2 shares, with an effective date of October 1, 2023. In addition, at the 82nd Ordinary General Meeting of Shareholders held on June 23, 2023, a proposal for partial amendment to the Articles of Incorporation to introduce an interim dividend, pursuant to the resolution of the Board of Directors, had been passed, and an interim dividend of ¥167 per share was paid on a pre-split basis.

Furthermore, the Company, at the Board of Directors meeting held on May 9, 2024, has resolved to propose at the 83rd Ordinary General Meeting of Shareholders scheduled on June 21, 2024, to pay a year-end dividend of ¥140 per share on a post-stock split basis. As a result, the annual dividend for the fiscal year ended March 31, 2024 will be ¥447 per share on a pre-stock split basis and ¥223.50 per share on a post-stock split basis.