Dividend•Dividend Policy/Shareholder benefitInvestor Relations

Dividend

Dividend per share and Dividend payout ratio

(Yen)(%)

Dividend Policy

Basic policy

The sustainable return of profits to shareholders is one of our top management priorities and we promote a flexible dividend policy based on business performance and capital position.

  • Payout ratio 50%-100%
  • Implement DOE and operate at 7.5% or above

Shareholder benefit

[Notice] As stated in the “Notice Regarding Changes to the Dividend Policy, Resumption of the Shareholder Benefit Program, and Dividend Forecast for the Fiscal Year Ending May 2027 (Next Fiscal Year)” disclosed on July 8, 2026, we are currently considering the resumption of the shareholder benefit program. We are proceeding with detailed planning for the criteria for eligible shareholders (record date, number of shares held, holding period, etc.) and the specific benefit contents in order to design a program that is attractive and sustainable for our shareholders. We will disclose the details promptly once they have been finalized.