SHINPO CO.,LTD.

<h3>3. Dividend Policy</h3>
<p style="margin-left: 24px; text-align: left">Our dividend distribution is based on the principle of providing stable dividends in light of business performance, taking into account the dividend payout ratio. The company's basic policy is to pay dividends twice annually: an interim dividend and a year-end dividend. The interim dividend is decided by the Board of Directors, while the year-end dividend is decided by the shareholders' meeting. Currently, we determine dividend payments by assessing annual performance and the overall business environment, and we are not paying interim dividends at this time. Therefore, we have decided to pay a year-end dividend of 42 yen per share for this fiscal year.</p>
<p style="margin-left: 24px; text-align: left">Regarding retained earnings, we intend to make effective investments to strengthen our cost competitiveness, enhance our technology and manufacturing capabilities to meet market needs, and advance our global strategy in response to anticipated changes in the business environment.</p>
<p style="margin-left: 24px; text-align: left">Our Articles of Incorporation provide that the Board of Directors may pay an interim dividend with December 31 as the record date each year.</p>
<p style="margin-left: 24px; text-align: left">(Note) Dividends of surplus with record dates in this fiscal year are as follows:</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Date of Resolution</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Total Dividend Amount</p>
<p style="line-height: 13.333333333333333333333333333px; text-align: center">(Thousands of Yen)</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Dividend Per Share</p>
<p style="line-height: 13.333333333333333333333333333px; text-align: center">(Yen)</p>
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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">September 19, 2025</ix:nonNumeric>
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<td style="vertical-align: middle; width: 173px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 0px none #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000" rowspan="2">
<p style="margin-right: 24px; text-align: right">
<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="-3" scale="3" format="ixt:numdotdecimal">231,027</ix:nonFraction>
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<p style="margin-right: 24px; text-align: right">
<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="0" scale="0" format="ixt:numdotdecimal">42</ix:nonFraction>
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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Annual Shareholders' Meeting Resolution (Scheduled)</ix:nonNumeric>
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<p>Our basic dividend policy is to provide stable dividends in consideration of business performance and dividend payout ratio. While our standard practice is to pay dividends twice annually—interim and year-end dividends—we currently implement only year-end dividends. We plan to use retained earnings for investments in improving cost competitiveness, strengthening our technology and manufacturing capabilities, and advancing our global strategy.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/08/01)	0	42	42	35.2%
FY2025	Actual(2025/08/01)	0	42	42	39.8%
	Forecast(2024/08/02)	0	40	40	27.8%
FY2024	Actual(2024/08/02)	0	40	40	34.3%
	Forecast(2023/11/02)	0	35	35	-
FY2023	Actual(2023/11/02)	0	35	35	-
	Forecast(2023/04/21)	0	25	25	-
FY2022	Actual(2023/04/21)	0	25	25	-
	Forecast(2021/08/06)	0	20	20	23.3%
FY2021	Actual(2021/08/06)	0	25	25	27.6%
	Forecast(2020/11/06)	0	18	18	-
FY2020	Actual(2020/11/06)	0	25	25	-

SHINPO CO.,LTD. (5903) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)