<h3>3. Dividend Policy</h3>
<p style="margin-left: 24px; text-align: left">The Company has not paid dividends since its establishment. However, we recognize returning profits to shareholders as an important management priority. Our basic policy is to implement dividends while maintaining an appropriate balance with retained earnings.</p>
<p style="margin-left: 24px; text-align: left">At present, we believe it is important to build up retained earnings to support future business expansion and strengthen our management foundation. Accordingly, we have maintained a no-dividend policy since establishment. We intend to use retained earnings effectively to enhance cost competitiveness in response to anticipated changes in the business environment, strengthen our technology development capabilities to meet market needs, and fund business expansion.<br/>The timing of future dividends has not been determined at this time. We will consider dividend implementation based on operating results, financial condition, and the balance with retained earnings.<br/>Our basic policy is to pay year-end dividends once annually as of March 31. Our articles of incorporation also provide for the possibility of interim dividends as of September 30 each year, as well as dividends with other record dates as determined. Additionally, pursuant to Article 459, Paragraph 1 of the Companies Act, our articles of incorporation authorize the Board of Directors to resolve on the payment of dividends and other distributions of surplus.<br/> </p>

<p>We recognize returning profits to shareholders as an important management priority. Our basic policy is to implement dividends while maintaining a balance with retained earnings. We plan to use retained earnings as funds for strengthening our technology development systems and expanding our business operations. When paying dividends, our basic policy is to pay dividends once per year at the fiscal year-end.</p>

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(2024/05/14)	0	0	0	-
FY2024	Actual(2024/05/14)	0	0	0	-
	Forecast(2023/05/15)	0	0	0	-
FY2023	Actual(2023/05/15)	0	0	0	-
	Forecast(2022/05/13)	0	0	0	-
FY2022	Actual(2022/05/13)	0	0	0	-
	Forecast(2022/02/14)	0	0	0	-
FY2021	Actual(2022/02/14)	0	0	0	-

(4256) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)