<h3>3. Dividend Policy</h3>
<p style="line-height: 1; text-align: left; text-indent: 12px">We recognize returning profits to shareholders as an important management priority. Regarding dividends, we aim to maintain a payout ratio of 15% to 20% while strengthening our financial foundation to prepare for changes in the business environment and future business developments. We determine dividend amounts by comprehensively considering our earnings outlook and other factors.</p>
<p style="line-height: 1; text-align: left; text-indent: 12px">Our basic policy is to pay dividends once per fiscal year as a year-end dividend. The record date for year-end dividends is December 31, and the record date for interim dividends is June 30. Our articles of incorporation provide that matters specified in Article 459, Paragraph 1 of the Companies Act may be determined by board of directors resolution, except where otherwise provided by law.</p>
<p style="line-height: 1; text-align: left; text-indent: 12px">At the board of directors meeting held on February 13, 2025, we resolved to pay a year-end dividend of 115.00 yen per share for the current fiscal year.</p>
<p style="line-height: 1; text-align: left; text-indent: 12px">We intend to use retained earnings to prepare for future business development.</p>
<p style="line-height: 1; text-align: left"> </p>
<p style="line-height: 1; text-align: left">(Note) Dividends with record dates in the current fiscal year are as follows:</p>
<div>
<table style="table-layout: fixed; width: 434px" cellpadding="0" cellspacing="0">
<colgroup>
<col style="width: 141.46666666666666666666666667px"/>
<col style="width: 141.53333333333333333333333333px"/>
<col style="width: 151px"/>
</colgroup>
<tbody>
<tr style="height: 36.53px">
<td style="vertical-align: middle; width: 141.46666666666666666666666667px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000">
<p style="line-height: 16px; text-align: center">Date of Resolution</p>
</td>
<td style="vertical-align: middle; width: 141.53333333333333333333333333px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000">
<p style="line-height: 16px; text-align: center">Total Dividend Amount</p>
<p style="line-height: 16px; text-align: center">(Millions of Yen)</p>
</td>
<td style="vertical-align: middle; width: 151px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000">
<p style="line-height: 16px; text-align: center">Dividend Per Share</p>
<p style="line-height: 16px; text-align: center">(Yen)</p>
</td>
</tr>
<tr style="height: 18px">
<td style="vertical-align: middle; width: 141.46666666666666666666666667px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 0px none ">
<p style="line-height: 16px; text-align: center">
<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">February 13, 2025</ix:nonNumeric>
</p>
</td>
<td style="vertical-align: middle; width: 141.53333333333333333333333333px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 0px none #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000" rowspan="2">
<p style="line-height: 16px; margin-right: 8.733333333333333333333333333px; text-align: right">
<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">399</ix:nonFraction>
</p>
</td>
<td style="vertical-align: middle; width: 151px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 0px none #000000; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000" rowspan="2">
<p style="line-height: 16px; margin-right: 8.533333333333333333333333333px; text-align: right">
<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="2" scale="0" format="ixt:numdotdecimal">115.00</ix:nonFraction>
</p>
</td>
</tr>
<tr style="height: 18px">
<td style="vertical-align: middle; width: 141.46666666666666666666666667px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 0px none ; border-right: 1px solid #000000; border-bottom: 1px solid #000000">
<p style="line-height: 16px; text-align: center">
<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Board of Directors Resolution</ix:nonNumeric>
</p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="line-height: 1; text-align: left"> </p>
<p style="text-align: left"> </p>

<p>The Company aims to maintain a strong financial foundation while deciding on dividends by comprehensively considering earnings performance and other factors, with a target dividend payout ratio of 15% to 20%. As a basic policy, dividends will be paid once per fiscal year as a year-end dividend. Retained earnings will be used as reserves for future business development.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2026/02/12)	-	94	94	17.3%
FY2025	Actual(2026/02/12)	-	78	78	17.4%
	Revision(2025/11/27)	0	70	70	-
	Revision(2025/11/12)	0	69	69	-
	Revision(2025/08/13)	-	69	69	-
	Forecast(2025/02/13)	-	138	138	17.4%
FY2024	Actual(2025/02/13)	-	115	115	17.8%
	Forecast(2024/11/12)	0	110	110	-
FY2023	Actual(2024/05/13)	0	91	91	-

【JP:146A】Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)