W TOKYO Inc.

<h3>3. Dividend Policy</h3>
The Company believes it is important to strengthen its financial position and build up internal reserves for business expansion. Although the Company has not paid dividends since its founding, we recognize that returning profits to shareholders is an important management priority. Our basic dividend policy going forward is to implement stable and continuous profit returns to shareholders, while strengthening earnings capacity and establishing our business foundation, taking into account the status of internal reserves and the business environment surrounding the Company. However, for the current fiscal year, we are not paying dividends in order to build up internal reserves in preparation for future business expansion. At this time, the possibility and timing of dividend payments remain undetermined. Internal reserves will be effectively utilized for capital investment and efficient organizational restructuring to improve future earnings capacity through maintaining and strengthening the Company's competitiveness.
When dividends are paid, the basic policy is to pay dividends twice annually—interim dividends and year-end dividends. The decision-making body for year-end dividends is the shareholders' meeting, and for interim dividends is the board of directors.
Additionally, the Company's articles of incorporation provide that interim dividends may be paid by board of directors resolution, with December 31 as the record date each year.

We aim to provide stable and continuous profit returns to shareholders while strengthening our earnings capacity and improving our business foundation. We take into account the status of our retained earnings and the business environment in making these decisions. Our basic policy is to pay dividends twice per year. We plan to use retained earnings effectively for capital expenditures and efficient organizational improvements.

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	-
FY2022	Actual(2023/08/14)	-	0	0	-

W TOKYO Inc.【JP:9159】Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)