Kioxia Holdings Corporation

<h3>3. Dividend Policy</h3>
The Company recognizes shareholder returns as an important management priority. However, at this time, from the perspective of maximizing corporate value, the Company prioritizes strengthening its financial foundation and allocating retained earnings toward sustained and flexible capital investment and research and development to realize continuous growth. Accordingly, the Company does not currently plan to implement returns including dividends to common shareholders. However, the Company plans to review its dividend policy in the future based on capital requirements for growth-oriented investments and financial conditions.
The Company's Articles of Incorporation provide that the Company may pay year-end dividends, interim dividends, and dividends of surplus with a specified record date. Pursuant to Article 459, Paragraph 1 of the Companies Act, the Company's Articles of Incorporation provide that the Board of Directors may serve as the decision-making body for dividends of surplus.
Class A Preferred Shares and Class B Preferred Shares (debt-type preferred shares) shareholders are entitled to receive dividends of surplus and distributions of remaining assets prior to common shareholders. For details, please refer to "Part 2: Business Overview, Section 3: Business Risks, (4) Financial Risks, ① Large-Scale Borrowings and Debt-Type Preferred Shares."
Dividends of surplus for the current fiscal year are as follows:
 
<div>
<table style="table-layout: fixed; width: 648px" cellpadding="0" cellspacing="0">
<colgroup>
<col style="width: 142px"/>
<col style="width: 118px"/>
<col style="width: 97px"/>
<col style="width: 97px"/>
<col style="width: 97px"/>
<col style="width: 97px"/>
</colgroup>
<tbody>
<tr style="height: 40px">
<td style="vertical-align: middle; width: 142px; 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">
Resolution Date
</td>
<td style="vertical-align: middle; width: 118px; 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">
Share Class
</td>
<td style="vertical-align: middle; width: 97px; 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">
Total Dividend Amount
(Million Yen)
</td>
<td style="vertical-align: middle; width: 97px; 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">
Dividend Per Share
(Yen)
</td>
<td style="vertical-align: middle; width: 97px; 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">
Record Date
</td>
<td style="vertical-align: middle; width: 97px; 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">
Effective Date
</td>
</tr>
<tr style="height: 26.67px">
<td style="vertical-align: middle; width: 142px; 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" rowspan="2">
May 15, 2025 Board of Directors
</td>
<td style="vertical-align: middle; width: 118px; 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">
Class A Preferred Shares
</td>
<td style="vertical-align: middle; width: 97px; 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">
9,286
</td>
<td style="vertical-align: middle; width: 97px; 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">
7,738,453
</td>
<td style="vertical-align: middle; width: 97px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 0px none ; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000" rowspan="2">
March 31, 2025
</td>
<td style="vertical-align: middle; width: 97px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 0px none ; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000" rowspan="2">
June 30, 2025
</td>
</tr>
<tr style="height: 26.67px">
<td style="vertical-align: middle; width: 118px; 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">
Class B Preferred Shares
</td>
<td style="vertical-align: middle; width: 97px; 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">
14,475
</td>
<td style="vertical-align: middle; width: 97px; 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">
8,041,552
</td>
</tr>
</tbody>
</table>
</div>
(Note) Class A and Class B Preferred Shares are recognized as financial liabilities under IFRS, and dividends are recorded as "financial expenses" in the consolidated statement of income.

Currently, the company prioritizes allocating retained earnings to capital expenditures and research and development for sustained growth, as well as strengthening its financial foundation, in order to maximize corporate value. Accordingly, the company does not currently pay dividends to common shareholders. The company plans to review its shareholder return policy in the future based on funding requirements for growth investments and financial conditions.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/05/15)	0	0	0	-
FY2025	Actual(2025/05/15)	0	0	0	-
	Forecast(2025/02/14)	0	0	0	-
FY2024	Actual(2025/02/14)	0	0	0	-

Kioxia Holdings Corporation【JP:285A】Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)