Kawasumi Laboratories, Incorporated

<h3>3. Dividend Policy</h3>
　Our basic policy is to maintain stable dividends while comprehensively considering the strengthening of internal reserves to secure our future management foundation. Dividend decisions are made consistently based on this approach. 　Our basic policy is to pay dividends twice per year: an interim dividend and a year-end dividend. 　The decision-making body for these dividend payments is the shareholders' meeting for year-end dividends and the board of directors for interim dividends.
　For this fiscal year, we will continue the above policy. Due to an increase in net income attributable to parent company shareholders resulting from gains on the sale of investment securities and fixed assets, we have decided to implement a dividend of 18.5 yen per share (including an interim dividend of 7.5 yen per share), which includes an additional special dividend of 3.5 yen per share.
　We intend to allocate retained earnings to effective investments in new product development, new businesses, rationalization, and increased production capacity to meet domestic and international market needs and compete effectively in the market. Through these investments, we aim to achieve solid profit growth and contribute to stable, long-term profit returns to shareholders. 　Our articles of incorporation provide that interim dividends may be paid with a record date of September 30 each year by board of directors resolution. 　The dividends for this 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">November 7, 2019</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="1" scale="0" format="ixt:numdotdecimal">7.5</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">June 18, 2020</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">227</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPYPerShares" decimals="1" scale="0" format="ixt:numdotdecimal">11.0</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" escape="false">Annual Shareholders' Meeting Resolution</ix:nonNumeric>

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Our dividend policy is based on maintaining stable dividends while comprehensively considering the need to build internal reserves to secure our future business foundation. We distribute dividends twice annually—interim and year-end dividends—as our basic policy. We allocate retained earnings to effective investments such as new product development, new business ventures, and rationalization and increased production equipment.

Kawasumi Laboratories, Incorporated (E02310) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)