Palma Co., Ltd.

<h3>3. Dividend Policy</h3>
The Company recognizes returning profits to shareholders as an important management priority. Our basic policy is to secure internal reserves necessary for future business expansion and strengthening our management foundation, while implementing dividends in accordance with company performance.
Regarding profit distribution, our basic policy is to pay dividends according to each period's performance with a dividend payout ratio target of 40%. However, the final dividend amount will be determined by comprehensively considering future business outlook and the level of internal reserves to be secured.
The Company's basic policy is to distribute surplus once per year as a year-end dividend. Based on the provisions of Article 459, Paragraph 1 of the Companies Act, our Articles of Incorporation stipulate that year-end dividends shall have a record date of September 30 and interim dividends shall have a record date of March 31, with dividend distributions determined by Board of Directors resolution. The Board of Directors is the decision-making body for dividends.
For the current fiscal year, based on a Board of Directors resolution dated November 14, 2025, the dividend is set at 12.00 yen per share, with a total amount of 81,181 thousand yen.
The Company plans to use retained earnings as a financial source for business expansion and strengthening our management foundation to address anticipated changes in the operating environment.

Our basic dividend policy is to pay dividends in accordance with company performance, with a target payout ratio of 40%. We pay dividends once per fiscal year as a final dividend, based on each period's results. We retain earnings internally to fund business expansion and strengthen our operational foundation.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/11/14)	0	13	13	41.8%
FY2025	Actual(2025/11/14)	0	12	12	66.3%
	Revision(2025/09/19)	0	11	11	-
	Forecast(2024/11/11)	0	13	13	41.8%
FY2024	Actual(2024/11/11)	0	6	6	50.2%
	Forecast(2023/11/10)	0	6	6	27.5%
FY2023	Actual(2023/11/10)	0	5	5	30.2%
	Forecast(2022/11/11)	0	4	4	30.0%
FY2022	Actual(2022/11/11)	0	1.5	1.5	33.9%
	Revision(2022/09/16)	0	4	1.5	-
	Forecast(2021/11/12)	0	4	4	31.7%
FY2021	Actual(2021/11/12)	0	4	4	31.7%
	Revision(2021/09/17)	0	9	4	-
	Forecast(2020/11/13)	0	9	9	25.4%
FY2020	Actual(2020/11/13)	0	8	8	23.2%
	Forecast(2020/09/15)	0	8	8	-
FY2019	Actual(2020/09/15)	0	8	8	-

Palma Co., Ltd. (3461) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)