TONE CO.,LTD.

<h3>3. Dividend Policy</h3>
<p style="margin-left: 24px; text-align: left">The Company determines optimal dividend payments by comprehensively considering the business environment, financial performance, dividend payout ratio, and financial condition.</p>
<p style="margin-left: 24px; text-align: left">The Company's basic policy is to continue providing stable and consistent dividends in line with business performance while strengthening its financial position. Retained earnings are intended to be used for capital investments aimed at new product development, strengthening production and sales operations, and improving product quality.</p>
<p style="margin-left: 24px; text-align: left">The Company's Articles of Incorporation provide that interim dividends may be paid as prescribed in Article 454, Paragraph 5 of the Companies Act, and that dividend distributions and related matters may be determined by Board of Directors resolution based on the provisions of Article 459, Paragraph 1 of the Companies Act, except where otherwise provided by law. Beginning in the 83rd fiscal year, the Company's basic policy is to pay surplus dividends once per year as year-end dividends.</p>
<p style="margin-left: 24px; text-align: left">For the current fiscal year, after comprehensively considering future business plans, financial performance, dividend payout ratio, and financial condition, the Company has decided to implement a dividend of 9.00 yen per share.</p>
<p style="margin-left: 24px; text-align: left">The surplus dividend for the current fiscal year is as follows.</p>
<div>
<table style="table-layout: fixed; width: 648px" cellpadding="0" cellspacing="0">
<colgroup>
<col style="width: 108px"/>
<col style="width: 156px"/>
<col style="width: 192px"/>
<col style="width: 192px"/>
</colgroup>
<tbody>
<tr style="height: 26.67px">
<td style="vertical-align: middle; width: 264px; 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; background-color: #FFFFFF" colspan="2">
<p style="line-height: 13.333333333333333333333333333px; text-align: center">Date of Resolution</p>
</td>
<td style="vertical-align: middle; width: 192px; 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; background-color: #FFFFFF">
<p style="line-height: 13.333333333333333333333333333px; text-align: center">Total Dividend Amount (Thousands of Yen)</p>
</td>
<td style="vertical-align: middle; width: 192px; 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; background-color: #FFFFFF">
<p style="line-height: 13.333333333333333333333333333px; text-align: center">Dividend per Share (Yen)</p>
</td>
</tr>
<tr style="height: 26.67px">
<td style="vertical-align: middle; width: 108px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 1px solid #000000; border-right: 0px none ; border-bottom: 1px solid #000000; background-color: #FFFFFF">
<p style="margin-left: 6px; margin-right: 4px; text-align: left">
<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">July 11, 2025</ix:nonNumeric>
</p>
</td>
<td style="vertical-align: middle; width: 156px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 0px none ; border-top: 1px solid #000000; border-right: 1px solid #000000; border-bottom: 1px solid #000000; background-color: #FFFFFF">
<p style="margin-left: 6px; margin-right: 4px; text-align: left">
<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Board of Directors Resolution</ix:nonNumeric>
</p>
</td>
<td style="vertical-align: middle; width: 192px; 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; background-color: #FFFFFF">
<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">206,525</ix:nonFraction>
</p>
</td>
<td style="vertical-align: middle; width: 192px; 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; background-color: #FFFFFF">
<p style="margin-right: 6px; text-align: right">
<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="2" scale="0" format="ixt:numdotdecimal">9.00</ix:nonFraction>
</p>
</td>
</tr>
</tbody>
</table>
</div>

<p>Our basic dividend policy is to provide continuous and stable dividends in line with business performance. We determine dividends by comprehensively considering the operating environment, financial results, dividend payout ratio, and financial condition. We distribute dividends once annually as a year-end dividend, and use retained earnings for capital investments aimed at new product development, strengthening production and sales operations, and quality improvement.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2027	Forecast(2026/07/10)	-	13	13	25.7%
FY2026	Actual(2026/07/10)	-	13	13	25.9%
	Forecast(2025/10/10)	-	9	9	-
FY2025	Actual(2025/10/10)	-	9	9	-
	Revision(2025/04/14)	0	10.25	10.25	-
	Revision(2025/01/14)	0	20.5	20.5	-
	Revision(2024/12/26)	0	20.5	10.25	-
	Revision(2024/10/11)	0	20.5	20.5	-
	Forecast(2024/07/11)	-	20.5	20.5	28.3%
FY2024	Actual(2024/07/11)	-	20.5	20.5	24.0%
	Forecast(2023/07/13)	-	20.5	20.5	21.6%
FY2023	Actual(2023/07/13)	-	20.5	20.5	25.6%
	Revision(2022/10/13)	-	12	12	-
	Forecast(2022/07/13)	-	60	60	15.4%
FY2022	Actual(2022/07/13)	-	60	60	18.6%
	Forecast(2021/07/13)	-	60	60	13.1%
FY2021	Actual(2021/07/13)	-	60	60	14.0%
	Forecast(2021/01/14)	-	60	60	-
FY2020	Actual(2020/10/13)	-	60	60	-

TONE CO.,LTD. (5967) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)