TOYAMACHIHO RAILROAD CO.,LTD.

<h3>3. Dividend Policy</h3>
The Company determines dividends based on earnings performance, taking into account the dividend payout ratio, the need to maintain stable operations, and the importance of building internal reserves to ensure the continuity of future business activities.
The Company's basic policy is to distribute dividends once per fiscal year as a year-end dividend from retained earnings.
Decisions regarding the distribution of retained earnings are made by the shareholders' meeting.
Regarding the year-end dividend for the current fiscal year, after considering the period's business performance and financial condition, the Company regrets to inform that no dividend will be paid.

We base our dividend policy on earnings performance, taking into account the dividend payout ratio while ensuring sufficient retained earnings to maintain stable operations and prepare for future business continuity. Our basic policy is to distribute dividends once per fiscal year as a year-end dividend from retained earnings.

TOYAMACHIHO RAILROAD CO.,LTD. (E04128) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)