SD ENTERTAINMENT,Inc.

<h3>3. Dividend Policy</h3>
The Company views returning profits to shareholders as an important management priority. Our basic policy is to implement performance-linked dividends based on the level of net income for the period, with a target dividend payout ratio of 10% to 50%, while maintaining appropriate profit returns and financial stability.
As a principle, we maintain a minimum dividend payout ratio of 10%. We comprehensively consider appropriate retained earnings levels for sustainable growth, near-term business outlook, levels of interest-bearing debt, and retained earnings levels. When we determine that additional profit returns are possible, we aim to increase the dividend payout ratio up to a maximum of 50%.
Our Articles of Incorporation provide that interim dividends may be paid as of September 30 each year by board resolution. However, as a general rule, we consolidate dividends into year-end dividends only, excluding special commemorative dividends. The year-end dividend is determined by the shareholders' meeting, while interim dividends are determined by the board of directors.
Regarding the year-end dividend for the current period, we will pay no dividend, as announced in the earnings report released on May 15, 2025. For the next period's year-end dividend, we will promptly announce it once we are able to disclose the dividend forecast.

Our basic dividend policy is performance-linked dividends that reflect the level of net income for the period, with a target payout ratio of 10% to 50%. We maintain a minimum payout ratio of 10% as a principle, and aim to increase it up to a maximum of 50% by comprehensively considering our internal reserves and business outlook. We principally consolidate dividends into a single year-end payment.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2027	Forecast(2026/05/14)	0	-	-	-
FY2026	Actual(2026/05/14)	0	0	0	-
	Forecast(2025/05/15)	0	-	-	-
FY2025	Actual(2025/05/15)	0	0	0	-
	Forecast(2024/05/15)	0	-	-	-
FY2024	Actual(2024/05/15)	0	0	0	-
	Forecast(2023/05/15)	0	-	-	-
FY2023	Actual(2023/05/15)	0	0	0	-
	Revision(2023/03/24)	0	0	0	-
	Forecast(2022/05/12)	0	-	-	-
FY2022	Actual(2022/05/12)	0	0	0	-
	Forecast(2021/08/10)	0	0	0	-
FY2021	Actual(2021/08/10)	0	0	0	-

SD ENTERTAINMENT,Inc. (4650) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)