Bell-Park Co.,Ltd.

<h3>3. Dividend Policy</h3>
The Company regards returning profits to shareholders as an important management priority and maintains a basic policy of sustaining a consolidated dividend payout ratio of 30% or higher.
The Company's policy is to pay dividends twice per fiscal year: an interim dividend and a year-end dividend.
The decision-making bodies for these dividend payments are the shareholders' meeting for the year-end dividend and the board of directors for the interim dividend.
For the current fiscal year, based on the above policy, the Company has decided on a total dividend of 50 yen per share (regular dividend), consisting of an interim dividend of 22 yen (regular dividend) and a year-end dividend of 28 yen (regular dividend). As a result, the consolidated dividend payout ratio for the current fiscal year is 30.3%.
For the next fiscal year (December 2025), the Company plans a consolidated dividend payout ratio of 32.1%. Based on projected consolidated net income attributable to parent company shareholders of 3,000 million yen for the December 2025 fiscal year, the planned total dividend is 50 yen per share (regular dividend), consisting of an interim dividend of 25 yen (regular dividend) and a year-end dividend of 25 yen (regular dividend).
Regarding retained earnings, the Company intends to strengthen its financial position further to respond to future changes in the business environment and to enhance corporate value through investments that consider profitability in growing its information and communications equipment sales service business.
The Company's articles of incorporation provide that "the board of directors may resolve to pay an interim dividend with June 30 of each year as the record date."
Dividends of surplus for the current fiscal year are as follows.
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Date of Resolution
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Total Dividend Amount
(Thousands of Yen)
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Dividend per Share
(Yen)
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August 8, 2024
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423,295
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22.00
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Board of Directors Resolution
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March 26, 2025
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538,739
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28.00
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Annual Shareholders' Meeting Resolution
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Our basic policy is to maintain a consolidated dividend payout ratio of 30% or higher, with surplus dividends paid twice annually through interim and year-end dividends. We allocate retained earnings to strengthen our financial position and fund growth investments in our information and communication equipment sales and service business, thereby enhancing corporate value.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2026/02/12)	51	51	102	37.8%
FY2025	Actual(2026/02/12)	37	65	102	30.2%
	Revision(2025/07/24)	37	56	93	-
	Revision(2025/05/09)	37	37	50	-
	Forecast(2025/02/12)	25	25	50	32.1%
FY2024	Actual(2025/02/12)	22	28	50	30.3%
	Revision(2025/01/31)	22	22	50	-
	Forecast(2024/02/13)	22	22	44	33.9%
FY2023	Actual(2024/02/13)	21.5	21.5	43	34.7%
	Forecast(2023/02/09)	21.5	21.5	43	37.6%
FY2022	Actual(2023/02/09)	20.5	20.5	41	31.3%
	Revision(2022/11/07)	20.5	20.5	41	-
	Revision(2022/08/04)	20.5	20.5	20.5	-
	Forecast(2022/02/09)	20.5	20.5	41	30.3%
FY2021	Actual(2022/02/09)	68	86	154	30.1%
	Revision(2022/01/31)	68	86	154	-
	Forecast(2021/02/10)	68	68	136	30.1%
FY2020	Actual(2021/02/10)	61	109	170	30.1%
	Forecast(2020/11/06)	61	61	164	-
FY2019	Actual(2020/11/06)	38	81	119	-

Bell-Park Co.,Ltd. (9441) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)