<h3>3. Dividend Policy</h3>
Our company is still in a growth phase, and we position strengthening our financial position and securing competitiveness as key management priorities. For this reason, we currently believe that building up retained earnings and allocating funds to investments for enhancing profitability and expanding business scale will lead to stable and sustainable profit returns to shareholders. Accordingly, we have not implemented dividends, including in the current fiscal year.
Going forward, we intend to implement profit returns to shareholders while taking into account the financial condition and operating results of each fiscal year. However, at this time, the possibility of implementing dividends and the timing thereof remain undetermined.
Retained earnings will be allocated to investments for future business growth, including investments in human capital, and to investments for strengthening our financial position.
Our basic policy is to pay dividends twice annually—interim and year-end dividends. The Board of Directors is the decision-making body for dividend payments. Our Articles of Incorporation provide that matters concerning dividend payments and other surplus distributions as specified in Article 459, Paragraph 1 of the Companies Act may be determined by Board of Directors resolution, except where otherwise provided by law.

At present, we are focusing on building up retained earnings and allocating them to investments for strengthening profitability and expanding our business scale. We believe this approach will lead to stable profit returns to shareholders. We are not currently paying dividends. Going forward, we plan to implement profit returns to shareholders by taking into account our financial position and business performance, though the timing of dividend implementation remains undecided. When we do implement dividends, our basic policy is to pay them twice per year.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Revision(2026/01/14)	0	30	30	-
	Forecast(2025/04/14)	0	0	0	-
FY2025	Actual(2025/04/14)	0	0	0	-
FY2024	Actual(2025/04/14)	0	0	0	-

(339A) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)