Dividend

One of the priorities in the management of the Company is to return profits to our shareholders. Our basic policy for shareholder returns is to maintain stable returns while securing sufficient internal reserves for sustainable growth and maintaining responsive to changes in the business environment.

The Company’s basic approach dividends of surplus is to pay interim dividends with a record date of September 30 and year-end dividends with a record date of March 31 eacn year. In addition, the  Articles of Incorporation also stipulates that matters prescribed in the items of Article 459, Paragraph 1 of the Companies Act may be determined by resolution of the Board of Directors, without a resolution of a shareholder's meeting, unless otherwise specified in laws and regulations.

The following table shows the status of dividends paid by the Company since its listing in December 2019.

※As of October 1 of FY2024, the Company implemented a 3 for 1stock split.

　Dividends through the FY2024 interim  dividend are stated based on the actual amount prior to the stock split.

※Payout ratio of FY2020 and FY2021 was void because its bottom line incurred loss.