<h3 class="smt_head2">3 [Dividend Policy]</h3><p class="smt_text2" style="orphans:0;widows:0;">The Company grants membership in Hamanako Country Club to shareholders based on ownership of two shares as a unit. Given the nature of these shares and the character of the business, the Company does not, in principle, return profits to shareholders through dividends.<br/>  Retained earnings are reserved for future business development and operations.</p><p class="smt_text6" style="orphans:0;widows:0;"> </p>

<p>Based on the nature of our shares and business characteristics, our basic policy is to generally not return profits to shareholders through dividends. Instead, we plan to use retained earnings as a reserve for future business development.</p>

(E04640) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)