TRANS-TOKYO BAY HIGHWAY CORPORATION

<h3 class="smt_head2">3 [Dividend Policy]</h3>Our business involves recovering large road construction investments over an extended period, making it difficult to pay dividends in the near term. We are therefore focused on strengthening our financial position through more efficient operations and building up internal reserves necessary for ongoing business development. 　Currently, we have not established a basic dividend policy. However, we intend to consider a dividend policy in the future while prioritizing the stabilization of our management foundation, taking into account our business performance. 　The shareholders' meeting is the decision-making body for dividend distributions. 　For the current fiscal year, we have decided to continue with no dividend distribution, after considering appropriate levels of internal reserves.

Given the nature of our business, which requires recovering large road construction investments over an extended period, we prioritize strengthening our financial position and building internal reserves for now. While we have not established a basic dividend policy at present, we plan to consider dividend policies in the future as we stabilize our management foundation and based on our business performance.

TRANS-TOKYO BAY HIGHWAY CORPORATION (E04352) Dividends

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