ENDO MANUFACTURING CO.,LTD.

<h3>3. Dividend Policy</h3>
The Company regards returning profits to shareholders as one of its most important management priorities. Based on business performance and future business plans, our basic policy is to continue implementing stable dividends on an ongoing basis.
While our Articles of Incorporation provide that interim dividends may be paid with June 30 as the record date by resolution of the Board of Directors, our basic policy is to distribute surplus dividends once per year as year-end dividends.
The decision-making authority for these surplus dividends is the shareholders' meeting for year-end dividends and the Board of Directors for interim dividends.
Retained earnings are allocated primarily to capital expenditures and development costs for new business initiatives to ensure sustained and improved business performance.
The surplus dividends for the current fiscal year are as follows:
Date of Resolution: March 27, 2025 (Annual Shareholders' Meeting) Total Dividend Amount: 357 million yen Dividend Per Share: 40 yen
(Note) The total dividend amount above includes 6,228 thousand yen in dividends on Company shares held by the trust account under the Executive Share Delivery Trust (BBT) program.

We position returning profits to shareholders as one of our top management priorities. Our basic policy is to continue providing stable dividends based on our business performance and future business plans. We distribute dividends once per year as a year-end dividend as our standard practice. We allocate retained earnings to capital expenditures, development costs for new business initiatives, and similar investments.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2026/02/13)	0	40	40	35.7%
FY2025	Actual(2026/02/13)	0	40	40	59.4%
	Forecast(2025/02/14)	0	40	40	34.0%
FY2024	Actual(2025/02/14)	0	40	40	31.9%
	Revision(2024/08/06)	0	40	40	-
	Forecast(2024/02/14)	0	20	20	18.7%
FY2023	Actual(2024/02/14)	0	20	20	23.1%
	Revision(2023/11/08)	0	20	20	-
	Forecast(2023/02/14)	0	18	18	15.9%
FY2022	Actual(2023/02/14)	0	18	18	19.9%
	Revision(2022/08/05)	0	18	18	-
	Forecast(2022/02/14)	0	15	15	10.1%
FY2021	Actual(2022/02/14)	0	15	15	8.2%
	Revision(2021/11/09)	0	15	15	-
	Forecast(2021/02/12)	0	12	12	58.3%
FY2020	Actual(2021/02/12)	0	12	12	-
	Forecast(2020/09/28)	0	12	12	-
FY2019	Actual(2020/09/28)	0	15	15	-

ENDO MANUFACTURING CO.,LTD.【JP:7841】Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)