TOSHIBA PLANT SYSTEMS & SERVICES CORPORATION

<h3>3. Dividend Policy</h3>

(1) Dividend Policy for Fiscal Year 113 (Current Period)


The Company's dividend policy aims to return profits to shareholders while balancing long-term corporate value growth with profit distribution. We target a consolidated dividend payout ratio of approximately 30%.

The Company's basic policy is to pay dividends twice annually: an interim dividend and a year-end dividend. The Board of Directors is the decision-making body for these dividend payments.

Pursuant to Article 459, Paragraph 1 of the Companies Act, the Company's Articles of Incorporation provide that dividend payments may be executed by Board of Directors resolution without requiring a shareholders' meeting resolution.


For the current fiscal year, the Company has decided to pay a dividend of 42 yen per share (including an interim dividend of 21 yen per share).


Retained earnings will be used effectively to strengthen the Company's financial position, prepare for future business development, and flexibly respond to changes in the operating environment.


The dividend payments for the current fiscal year are as follows:

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Date of Resolution

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Total Dividend Amount


(Millions of Yen)

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Dividend per Share


(Yen)

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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">October 31, 2018</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">2,045</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="0" scale="0" format="ixt:numdotdecimal">21</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Board of Directors Resolution</ix:nonNumeric>

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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" format="ixt:dateyearmonthdaycjk">May 13, 2019</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">2,045</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPYPerShares" decimals="0" scale="0" format="ixt:numdotdecimal">21</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" escape="false">Board of Directors Resolution</ix:nonNumeric>

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(2) Dividend Policy for Fiscal Year 114 (Next Period)

The Company's dividend policy aims to return profits to shareholders while balancing long-term corporate value growth with profit distribution. We target a consolidated dividend payout ratio of approximately 40%.

The Company's basic policy is to pay dividends twice annually: an interim dividend and a year-end dividend. The Board of Directors is the decision-making body for these dividend payments.

Pursuant to Article 459, Paragraph 1 of the Companies Act, the Company's Articles of Incorporation provide that dividend payments may be executed by Board of Directors resolution without requiring a shareholders' meeting resolution.


Retained earnings will be used effectively to strengthen the Company's financial position, prepare for future business development, and flexibly respond to changes in the operating environment.

The company aims to return profits to shareholders while balancing long-term corporate value growth with shareholder returns. We target a consolidated payout ratio of approximately 40%. We distribute dividends twice annually through interim and year-end dividends as our basic policy. Retained earnings are used effectively to strengthen our financial position, support business development, and maintain flexibility in responding to changes in the business environment.

TOSHIBA PLANT SYSTEMS & SERVICES CORPORATION (E00200) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)