TOKYO BASE Co., Ltd.

<h3>3. Dividend Policy</h3>
<p style="margin-left: 24px; text-align: left">The Company determines its capital allocation policy with the aim of maximizing shareholder value by comprehensively considering business performance for each fiscal year, strengthening its financial position, and medium to long-term business strategies.</p>
<p style="margin-left: 24px; text-align: left">Regarding profit distribution in particular, the Company intends to implement dividends and share buybacks at optimal times using optimal methods, taking into account operating results and financial condition.</p>
<p style="margin-left: 24px; text-align: left">The Company is able to distribute surplus twice per year: an interim dividend and a year-end dividend.</p>
<p style="margin-left: 24px; text-align: left">The decision-making body for dividends is the Board of Directors for interim dividends and the Annual General Meeting of Shareholders for year-end dividends.</p>
<p style="margin-left: 24px; text-align: left">The Company's Articles of Incorporation provide that interim dividends may be paid with July 31 of each year set as the record date, by resolution of the Board of Directors.</p>
<p style="margin-left: 24px; text-align: left">The year-end dividend for the current fiscal period is 5 yen per share, determined as a result of comprehensively considering the above policy and business performance trends.</p>
<p style="margin-left: 24px; text-align: left">Retained earnings will be effectively utilized for strengthening the Company's financial position and funding business expansion, including new store openings.</p>
<p style="margin-left: 24px; text-align: left">(Note) Dividends of surplus with record dates falling in the current fiscal year are as follows.</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Date of Resolution</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Total Dividend Amount</p>
<p style="line-height: 13.333333333333333333333333333px; text-align: center">(Thousands of Yen)</p>
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<td style="vertical-align: middle; width: 173.33333333333333333333333333px; 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: 13.333333333333333333333333333px; text-align: center">Dividend per Share</p>
<p style="line-height: 13.333333333333333333333333333px; text-align: center">(Yen)</p>
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<td style="vertical-align: middle; width: 173.33333333333333333333333333px; 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="text-align: center">
<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">April 23, 2025</ix:nonNumeric>
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<td style="vertical-align: middle; width: 173.33333333333333333333333333px; 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="margin-right: 6px; text-align: right">
<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="-3" scale="3" format="ixt:numdotdecimal">217,297</ix:nonFraction>
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<p style="margin-right: 6px; text-align: right">
<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="0" scale="0" format="ixt:numdotdecimal">5</ix:nonFraction>
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<p style="text-align: center">
<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Annual General Meeting of Shareholders Resolution</ix:nonNumeric>
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<p style="margin-left: 24px; text-align: left"> </p>

<p>We determine our capital policy by comprehensively considering each fiscal year's performance, strengthening our financial position, and medium to long-term business strategies, with the goal of maximizing shareholder value. We implement profit distribution through dividends and share buybacks using optimal methods, taking into account our operating results and financial condition, and we are able to pay dividends twice per year. We effectively utilize retained earnings to strengthen our financial position and fund business expansion, including new store openings.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2027	Forecast(2026/03/17)	0	7	7	20.5%
FY2026	Actual(2026/03/17)	0	6	6	21.8%
	Forecast(2025/03/17)	0	6	6	29.0%
FY2025	Actual(2025/03/17)	0	5	5	28.0%
	Revision(2024/03/19)	0	5	5	30.6%
	Forecast(2024/03/18)	0	0	5	23.0%
FY2024	Actual(2024/03/18)	0	4	4	54.8%
	Forecast(2023/03/15)	0	4	4	18.4%
FY2023	Actual(2023/03/15)	0	2	2	-
	Revision(2023/02/15)	0	2	0	-
	Revision(2022/12/15)	0	0	0	-
	Revision(2022/11/16)	0	2	0	-
	Forecast(2022/03/17)	0	2	2	10.6%
FY2022	Actual(2022/03/17)	0	0	0	-
	Forecast(2021/04/14)	0	0	0	-
FY2021	Actual(2021/04/14)	0	0	0	-
	Forecast(2020/10/15)	0	0	0	-
FY2020	Actual(2020/10/15)	0	0	0	-

TOKYO BASE Co., Ltd.【JP:3415】Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)