TAIHEI DENGYO KAISHA,LTD.

<h3 class="smt_head2">3 [Dividend Policy]</h3>The Company aims to strengthen its management foundation and build a solid financial structure, while positioning the return of profits to shareholders as a key management priority. Regarding dividend distributions from retained earnings, our basic policy is to provide stable and continuous dividends from a long-term perspective. Dividend amounts are determined by comprehensively considering each fiscal period's performance, dividend payout ratio, dividend yield, and business environment.<p class="smt_text3" style="orphans:0;widows:0;text-align:justify;padding-left:18pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;font-size:9pt;">Regarding retained earnings, we maintain reserves for future business expansion, research and development, and capital equipment investments necessary for corporate growth. For surplus funds, we will work to enhance shareholder value by considering efficient management while balancing various risks and returns.<p class="smt_text3" style="orphans:0;widows:0;text-align:justify;padding-left:18pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;font-size:9pt;">Our basic policy is to distribute dividends from retained earnings once per fiscal year as a year-end dividend. The Board of Directors is the decision-making body for dividend distributions.<p class="smt_text3" style="orphans:0;widows:0;text-align:justify;padding-left:18pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;font-size:9pt;">Regarding the year-end dividend for the current fiscal year (85th period), at the Board of Directors meeting held on May 14, 2025, in accordance with our dividend policy based on long-term stable profit returns, and after comprehensively considering this period's performance and business environment, the Board decided to increase the dividend per share by 40 yen compared to the previous fiscal year to 175 yen, with total dividend payments of 3,663 million yen.

Our basic dividend policy is to provide stable and continuous dividends. We determine dividend payments by comprehensively considering each fiscal period's performance, net asset dividend ratio, dividend payout ratio, and management environment. We allocate retained earnings to research and development for expanding our business scope and operations, as well as to construction machinery and equipment. We review efficient use of surplus funds. Our basic policy is to pay dividends once per fiscal year as a year-end dividend.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Revision(2026/02/06)	-	70	70	-
	Revision(2025/08/07)	-	67	67	-
	Forecast(2025/05/14)	-	200	200	39.3%
FY2025	Actual(2025/05/14)	-	175	175	36.2%
	Revision(2025/02/07)	-	175	175	-
	Forecast(2024/05/10)	-	150	150	30.6%
FY2024	Actual(2024/05/10)	-	135	135	30.6%
	Revision(2024/02/09)	-	135	135	-
	Forecast(2023/05/11)	-	120	120	27.2%
FY2023	Actual(2023/05/11)	-	120	120	21.5%
	Revision(2023/02/09)	-	110	110	-
	Forecast(2022/05/10)	-	100	100	35.2%
FY2022	Actual(2022/05/10)	-	100	100	22.6%
	Forecast(2021/05/14)	-	100	100	33.3%
FY2021	Actual(2021/05/14)	-	80	80	27.1%
	Revision(2021/02/12)	-	80	80	-
	Forecast(2020/11/12)	-	70	70	-
FY2020	Actual(2020/11/12)	-	90	90	-

TAIHEI DENGYO KAISHA,LTD. (1968) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)