<h3>3. Dividend Policy</h3>
Our basic policy is to maintain stable ongoing dividends while securing sufficient retained earnings necessary for future business development and strengthening our management foundation.
Our basic policy is to distribute dividends twice annually: an interim dividend and a year-end dividend. The year-end dividend is decided by the shareholders' meeting, while the interim dividend is decided by the board of directors.
However, we currently consider ourselves to be in a growth phase. We believe that building up retained earnings and allocating them to investments for future business development and strengthening our management foundation, thereby pursuing further business expansion, will provide the greatest return of profits to shareholders. While our policy is to implement profit returns to shareholders in the future by taking into account the operating results and financial condition of each period, the possibility of implementing dividends and the timing thereof remain undetermined at this time.
Our articles of incorporation provide that the company may implement an interim dividend with December 31 as the record date, as determined by board of directors resolution.

Our basic dividend policy is to maintain stable dividends paid twice annually (interim and year-end) while securing retained earnings for future business development and strengthening our financial position. Since we are currently in a growth phase, we prioritize building up retained earnings to allocate toward future investments, which we believe represents the greatest return of profits to shareholders. The timing of dividend implementation remains to be determined.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/08/14)	0	0	0	-
FY2025	Actual(2025/08/14)	0	0	0	-
	Forecast(2024/08/14)	0	0	0	-
FY2024	Actual(2024/08/14)	0	0	0	-
	Forecast(2023/08/14)	0	0	0	-
FY2023	Actual(2023/08/14)	0	0	0	-
	Forecast(2022/08/12)	0	0	0	-
FY2022	Actual(2022/08/12)	0	0	0	-
	Forecast(2021/08/13)	0	0	0	-
FY2021	Actual(2021/08/13)	0	0	0	-
	Forecast(2020/11/13)	0	0	0	-
FY2020	Actual(2020/11/13)	0	0	0	-

(4052) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)