<h3 class="smt_head2">3 [Dividend Policy]</h3><p class="smt_text3" style="orphans:0;widows:0;">The Company recognizes returning profits to shareholders as an important management priority. However, at this stage, we believe that investment for business expansion and strengthening our financial foundation are the top priorities. We will balance these objectives, secure necessary retained earnings, and implement dividends on a continuous basis once a stable dividend system is in place. That said, if our business performance does not progress as planned, we may not be able to pay dividends.</p><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;">We intend to use retained earnings effectively to strengthen our financial position for long-term business stability and to support continuous business expansion and development. Looking ahead, we will consider returning profits to shareholders by taking into account business conditions, performance, investment plans, and financial position.</p><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;">When paying dividends, our basic policy is to pay dividends once per year at the fiscal year-end. Our articles of incorporation also provide for the possibility of paying an interim dividend once per year. The Board of Directors decides on interim dividends, while the General Shareholders' Meeting decides on year-end dividends.</p><p class="smt_text3" style="orphans:0;widows:0;"> </p>

<p>Our basic policy is to prioritize investment for business expansion and strengthening our financial foundation. We will implement continuous dividends only after establishing a stable system that secures necessary retained earnings. Dividends are paid once annually at the fiscal year-end as standard, with interim dividends also possible. We plan to use retained earnings as funds for strengthening our financial position and expanding our business.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2026/02/13)	0	0	0	-
FY2025	Actual(2026/02/13)	0	0	0	-
	Forecast(2025/02/14)	0	0	0	-
FY2024	Actual(2025/02/14)	0	0	0	-
FY2023	Actual(2025/02/14)	0	0	0	-

(298A) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)