CE Holdings Co.,Ltd.

<h3>3. Dividend Policy</h3>
The Company established a new shareholder return policy in November 2024 with the aim of strengthening profit returns to shareholders. The details are as follows.
Regarding the shareholder return policy from the fiscal year ending September 2024 onward, the Company has comprehensively considered improved profitability of existing businesses centered on medical information systems, stable financial foundation, and securing investment funds for M&A and other initiatives for sustainable growth. The policy is as follows:
・Starting with an ordinary dividend of 18 yen per share for the fiscal year ending September 2024, the Company will continue to increase or maintain dividends through progressive dividend increases (Note 1)
・Since the consolidated dividend payout ratio (Note 2) may not align with the progressive dividend policy, the Company will also consider dividend yield (Note 3), total return ratio (Note 4), and dividend on equity (DOE) (Note 5) in implementing dividends and opportunistic share buybacks
(Note 1) Progressive dividend increase: increasing or maintaining the ordinary dividend per share in the current period compared to the prior period
(Note 2) Consolidated dividend payout ratio = (Total dividends ÷ Net income attributable to parent company shareholders) × 100
(Note 3) Dividend yield = (Dividend per share in current period ÷ Stock closing price at end of prior period) × 100
(Note 4) Total return ratio = {(Total dividends + Total share buybacks) ÷ Net income attributable to parent company shareholders} × 100
(Note 5) Dividend on equity (DOE) = (Total dividends ÷ Shareholders' equity at end of period) × 100
　　　* DOE: Dividend on Equity
Regarding the year-end dividend for the current period, the Company has decided on the following after reviewing the shareholder return policy in light of gains from the sale of shares in affiliated companies related to Micron Corporation, current funding conditions, and the business environment from the fiscal year ending September 2026 onward.
The Company's Articles of Incorporation provide that interim dividends may be paid with a record date of March 31 each year by Board of Directors resolution.
Dividends of surplus with a record date in the current period are as follows:
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Date of Resolution
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Total Dividend Amount (JPY)
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Dividend Per Share (JPY)
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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">December 18, 2025</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="0" scale="0" format="ixt:numdotdecimal">865,344,324</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="1" scale="0" format="ixt:numdotdecimal">52.0</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">30th Annual General Meeting of Shareholders</ix:nonNumeric>

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(Note) The ordinary dividend is 22.0 yen per share, the special dividend is 30.0 yen per share, for a total dividend of 52.0 yen per share.

From the fiscal year ending September 2024 onwards, we will continue to increase or maintain dividends under a progressive dividend policy. In addition to consolidated payout ratio, we also consider dividend yield, total return ratio, and DOE (dividend on equity) when determining dividends and executing flexible share buybacks under our basic policy.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/11/07)	0	24	24	45.9%
FY2025	Actual(2025/11/07)	0	52	52	52.6%
	Forecast(2024/11/08)	0	22	22	40.6%
FY2024	Actual(2024/11/08)	0	15	15	183.2%
	Forecast(2023/11/10)	0	15	15	29.9%
FY2023	Actual(2023/11/10)	0	14	14	30.5%
	Forecast(2022/11/11)	0	13	13	32.1%
FY2022	Actual(2022/11/11)	0	12	12	30.7%
	Forecast(2021/11/08)	0	8.5	8.5	30.3%
FY2021	Actual(2021/11/08)	0	8	8	18.9%
	Forecast(2020/11/09)	0	6.8	6.8	26.7%
FY2020	Actual(2020/11/09)	0	6.8	6.8	84.0%
FY2019	Actual(2020/11/09)	0	13.5	13.5	19.1%

CE Holdings Co.,Ltd. (4320) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)