TSUGAMI CORPORATION

<h3>3. Dividend Policy</h3>
Our group believes that the fundamental approach is to actively pursue development investments that respond to changing times, continue to strengthen competitiveness and improve operational efficiency, thereby enhancing the overall strength of our corporate group and returning profits to our shareholders.
Accordingly, we will work group-wide to strengthen our corporate foundation while ensuring stable dividends.
Regarding the acquisition of treasury shares as part of our shareholder return strategy, we will make appropriate decisions by comprehensively considering necessity, financial condition, stock price trends, and other factors, with the aim of enabling flexible capital policy implementation.
For the fiscal year ending March 2025, we have set the dividend on surplus at 59 yen per share, consisting of an interim dividend of 27 yen and a year-end dividend of 32 yen per share.
The decision-making authority for these dividends on surplus is the Board of Directors.
Our Articles of Incorporation provide that "pursuant to Article 459, Paragraph 1 of the Companies Act, the Board of Directors may resolve to pay dividends on surplus."
For the fiscal year ending March 2026, we plan to set the dividend on surplus at 64 yen per share, consisting of an interim dividend of 32 yen and a year-end dividend of 32 yen per share.
Our Articles of Incorporation provide that the Board of Directors may resolve to pay interim dividends with September 30 as the record date each year.
The dividends on surplus for the current fiscal year are as follows.
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Date of Resolution
 
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Total Dividend Amount
(Millions of Yen)
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Dividend per Share
(Yen)
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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">November 13, 2024</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">1,287</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="2" scale="0" format="ixt:numdotdecimal">27.00</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Board of Directors Resolution</ix:nonNumeric>

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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" format="ixt:dateyearmonthdaycjk">May 13, 2025</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">1,516</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPYPerShares" decimals="2" scale="0" format="ixt:numdotdecimal">32.00</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" escape="false">Board of Directors Resolution</ix:nonNumeric>

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Our basic policy is to strengthen our corporate foundation while ensuring stable dividends. Regarding share buybacks, we will respond appropriately by comprehensively considering necessity, financial condition, and stock price trends, with the aim of implementing flexible capital strategies. Dividends are paid twice annually, with decisions made by the Board of Directors.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Revision(2026/01/30)	36	36	72	-
	Revision(2025/11/13)	36	32	72	-
	Revision(2025/10/17)	36	32	68	-
	Forecast(2025/05/13)	32	32	64	34.8%
FY2025	Actual(2025/05/13)	27	32	59	25.5%
	Revision(2025/01/30)	27	27	54	-
	Revision(2024/11/13)	27	24	54	-
	Revision(2024/10/18)	27	24	51	-
	Forecast(2024/05/14)	24	24	48	34.9%
FY2024	Actual(2024/05/14)	24	24	48	42.6%
	Forecast(2023/05/11)	24	24	48	35.0%
FY2023	Actual(2023/05/11)	22	24	46	28.9%
	Revision(2023/04/21)	22	24	44	22.4%
	Forecast(2022/05/12)	22	22	44	22.4%
FY2022	Actual(2022/05/12)	18	22	40	20.8%
	Revision(2022/04/22)	18	18	40	-
	Revision(2021/11/12)	18	18	36	-
	Revision(2021/10/22)	18	14	28	-
	Forecast(2021/05/13)	14	14	28	25.9%
FY2021	Actual(2021/05/13)	12	14	26	27.3%
	Revision(2021/04/20)	12	14	26	-
	Forecast(2020/11/12)	12	12	24	-
FY2020	Actual(2020/11/12)	12	12	24	-

TSUGAMI CORPORATION (6101) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)