¥4 interim dividend (including a ¥2 special dividend)

「With respect to the interim dividend for the 81st fiscal year (1 October 2025 to 30 September 2026), the Company resolved at a meeting of the Board of Directors held on 14 May 2026 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2026. ① Total dividends: ¥95.277 million ② Dividend per share: ¥7.50」

「As shareholder returns, the Company aims to provide stable returns by setting annual dividends at a target payout ratio of 40% and a minimum DOE of 2.0%. The interim dividend will be ¥15 per share. Based on the above policy, at a meeting of the Board of Directors held on 11 November 2025, the Company decided to pay a year-end dividend of ¥159 per share for the current fiscal year. Including the interim dividend of ¥15, annual dividends will be ¥174, representing a payout ratio of 40.1%.」

「With respect to the interim dividend for the 80th fiscal year (1 October 2024 to 30 September 2025), the Company resolved at a meeting of the Board of Directors held on 9 May 2025 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2025. ① Total dividends: ¥91.125 million ② Dividend per share: ¥15.00」

「The Company has decided to change its basic dividend policy from the interim dividend for the fiscal year ending September 2025, with the aim of further enhancing shareholder returns through sustainable profit growth and achieving management that takes into account the cost of capital and share price. The payout ratio will be raised from 35% to 40%, and, to further clarify its commitment to stable dividends for shareholders, the Company will introduce dividend on equity (DOE) as a new indicator.* The revised policy is as follows:」

「With respect to the year-end dividend for the 78th fiscal year (1 October 2022 to 30 September 2023), the Company resolved at a meeting of the Board of Directors held on 10 November 2023 to pay a year-end dividend as follows to shareholders recorded or registered on the final shareholder register as of 30 September 2023. ① Total dividends: ¥296.848 million ② Dividend per share: ¥49.00」

「Based on the above policy, at a meeting of the Board of Directors held on 10 November 2023, the Company decided to pay a year-end dividend of ¥49 per share for the current fiscal year, comprising a regular dividend of ¥10 and a special dividend of ¥39. Including the interim dividend of ¥20, comprising a regular dividend of ¥10 and a commemorative dividend of ¥10, annual dividends will be ¥69, with a payout ratio of 35.1% excluding the commemorative dividend of ¥10. For the next fiscal year, based on the earnings outlook and the above policy, the Company plans annual dividends of ¥43 per share, comprising an interim dividend of ¥10 and a year-end dividend of ¥33, with a target payout ratio of approximately 35%.」

「With respect to the interim dividend for the 78th fiscal year (1 October 2022 to 30 September 2023), the Company resolved at a meeting of the Board of Directors held on 12 May 2023 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2023. ① Total dividends: ¥121.161 million ② Dividend per share: ¥20.00」

「With respect to the year-end dividend for the 77th fiscal year (1 October 2021 to 30 September 2022), the Company resolved at a meeting of the Board of Directors held on 8 November 2022 to pay a year-end dividend as follows to shareholders recorded or registered on the final shareholder register as of 30 September 2022. ① Total dividends: ¥61.297 million ② Dividend per share: ¥10.00」

「Based on the above policy, at a meeting of the Board of Directors held on 8 November 2022, the Company decided to pay a year-end dividend of ¥10 per share for the current fiscal year. Including the interim dividend of ¥10, annual dividends will be ¥20, representing a payout ratio of 35.5%. For the next fiscal year, based on the earnings outlook and the above policy, the Company plans annual dividends of ¥31 per share, comprising an interim dividend of ¥10 and a year-end dividend of ¥21, with a target payout ratio of approximately 35%.」

「With respect to the interim dividend for the 77th fiscal year (1 October 2021 to 30 September 2022), the Company resolved at a meeting of the Board of Directors held on 13 May 2022 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2022. ① Total dividends: ¥61.299 million ② Dividend per share: ¥10.00」

「With respect to the year-end dividend for the 76th fiscal year (1 October 2020 to 30 September 2021), the Company resolved at a meeting of the Board of Directors held on 5 November 2021 to pay a year-end dividend as follows to shareholders recorded or registered on the final shareholder register as of 30 September 2021. ① Total dividends: ¥348.982 million ② Dividend per share: ¥114.00」

「With respect to the interim dividend for the 76th fiscal year (1 October 2020 to 30 September 2021), the Company resolved at a meeting of the Board of Directors held on 14 May 2021 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2021. ① Total dividends: ¥61.228 million ② Dividend per share: ¥20.00 ③ Effective date of dividend claim and payment commencement date: 7 June 2021」

「With respect to the interim dividend for the 76th fiscal year (1 October 2020 to 30 September 2021), the Company resolved at a meeting of the Board of Directors held on 14 May 2021 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2021. ① Total dividends: ¥61.228 million ② Dividend per share: ¥20.00 ③ Effective date of dividend claim and payment commencement date: 7 June 2021」

「Based on this policy, at a meeting of the Board of Directors held on 6 November 2020, the Company increased the special performance-linked dividend by ¥46 from the regular dividend of ¥20 per share, resulting in a year-end dividend of ¥66 (regular dividend: ¥20; special dividend: ¥46). The Company conducted a 2-for-1 stock split of its common shares effective 1 April 2020. Including the interim dividend of ¥20 per share, converted to the post-split basis, annual dividends will be ¥86.」

「With respect to the interim dividend for the 75th fiscal year (1 October 2019 to 30 September 2020), the Company resolved at a meeting of the Board of Directors held on 14 May 2020 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2020. ① Total dividends: ¥61.116 million ② Dividend per share: ¥40.00 ③ Effective date of dividend claim and payment commencement date: 8 June 2020」

「With respect to the interim dividend for the 75th fiscal year (1 October 2019 to 30 September 2020), the Company resolved at a meeting of the Board of Directors held on 14 May 2020 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2020. ① Total dividends: ¥61.116 million ② Dividend per share: ¥40.00 ③ Effective date of dividend claim and payment commencement date: 8 June 2020」

「8 November 2019 Board of Directors Common shares 144,869 95 30 September 2019 20 December 2019 Retained earnings (Note) 1. The dividend per share includes a special dividend of ¥55.」

「Based on this policy, the Company decided to pay a year-end dividend of ¥95 per share for the current fiscal year, comprising the initially planned ¥40 per share plus a special performance-linked dividend of ¥55, for total annual dividends of ¥135, including an interim dividend of ¥40.」

「10 May 2019 Board of Directors (Note) 2 Common shares 60,999 40 31 March 2019 10 June 2019 Retained earnings」

「With respect to the interim dividend for the 74th fiscal year (1 October 2018 to 30 September 2019), the Company resolved at a meeting of the Board of Directors held on 10 May 2019 to pay an interim dividend as follows to shareholders recorded or registered on the final shareholder register as of 31 March 2019. ① Total dividends: ¥60.999 million ② Dividend per share: ¥40.00 ③ Effective date of dividend claim and payment commencement date: 10 June 2019」

「At a meeting of the Board of Directors held on 9 November 2018, the Company resolved to pay a year-end dividend as follows to shareholders recorded or registered on the final shareholder register as of 30 September 2018. ① Total dividends: ¥119.244 million ② Dividend per share: ¥80.00」

「① The company will pay dividends with a target payout ratio of approximately 35% as a means of returning profits in line with performance. The regular dividend, representing a stable dividend, will be ¥80 per share, comprising an interim dividend of ¥40 and a year-end dividend of ¥40. If the dividend calculated using the above payout ratio exceeds ¥80, the difference will be paid as a performance-linked dividend in the form of a special year-end dividend. ② Except where normal business operations become difficult due to an unexpected, sharp deterioration in performance, a natural disaster or other events, the dividend per share will not be less than ¥80 per year.」

「Board of directors meeting on 10 November 2017 | Common shares | 62,420 | 42 | 30 September 2017 | 22 December 2017 | Retained earnings Board of directors meeting on 10 May 2018 | Common shares | 59,632 | 40 | 31 March 2018 | 11 June 2018 | Retained earnings」

「Regarding the interim dividend for the 73rd fiscal year, from 1 October 2017 to 30 September 2018, the board of directors resolved at its meeting held on 10 May 2018 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 31 March 2018. ① Total dividends: ¥59.632 million ② Amount per share: ¥40.00 ③ Effective date of the right to claim payment and payment commencement date: 11 June 2018」

「Regarding the year-end dividend for the 72nd fiscal year, from 1 October 2016 to 30 September 2017, the board of directors resolved at its meeting held on 10 November 2017 to pay a year-end dividend as follows to shareholders listed or recorded in the final shareholder register as of 30 September 2017. ① Total dividends: ¥62.420 million ② Amount per share: ¥42.00 ③ Effective date of the right to claim payment and payment commencement date: 22 December 2017」

「Regarding the interim dividend for the 72nd fiscal year, from 1 October 2016 to 30 September 2017, the board of directors resolved at its meeting held on 11 May 2017 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 31 March 2017. ① Total dividends: ¥57.461 million ② Amount per share: ¥4.00 ③ Effective date of the right to claim payment and payment commencement date: 12 June 2017」

「Regarding the interim dividend for the 72nd fiscal year, from 1 October 2016 to 30 September 2017, the board of directors resolved at its meeting held on 11 May 2017 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 31 March 2017. ① Total dividends: ¥57.461 million ② Amount per share: ¥4.00 ③ Effective date of the right to claim payment and payment commencement date: 12 June 2017」

「Regarding the year-end dividend for the 71st fiscal year, from 1 October 2015 to 30 September 2016, the board of directors resolved at its meeting held on 11 November 2016 to pay a year-end dividend as follows to shareholders listed or recorded in the final shareholder register as of 30 September 2016.」

「② Amount per share: ¥4.00 ③ Effective date of the right to claim payment and payment commencement date: 13 June 2016 (Note) The dividend per share includes a special dividend of ¥2.」