NIKKO CO.,LTD.

<h3>3. Dividend Policy</h3>
The Company regards returning profits to shareholders as one of its important management priorities. We believe that dividends should be paid primarily based on the Company's performance in each period. To meet shareholder expectations, our basic policy is to determine dividend amounts by comprehensively considering the strengthening of our management foundation, the enhancement of corporate value, the adequacy of retained earnings, and the stability and continuity of dividends.
The Company's basic policy is to pay dividends twice per year: an interim dividend and a year-end dividend.
The decision-making body for these dividend distributions is the General Meeting of Shareholders for year-end dividends and the Board of Directors for interim dividends.
For the current fiscal year, we have paid an interim dividend of 15 yen per share (regular dividend). We plan to pay a year-end dividend of 17 yen per share (regular dividend), resulting in an annual dividend of 32 yen per share (regular dividend).
Regarding retained earnings, we intend to make effective investments to strengthen our cost competitiveness in response to anticipated changes in the business environment, enhance our technology and manufacturing development capabilities to meet market needs, and advance our global strategy.
The Company's 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 dividend distributions with record dates in the current fiscal year are as follows:
<div style="margin-left: 42px">
<table style="table-layout: fixed; width: 399px" cellpadding="0" cellspacing="0">
<colgroup>
<col style="width: 133px"/>
<col style="width: 133px"/>
<col style="width: 133px"/>
</colgroup>
<tbody>
<tr style="height: 40px">
<td style="vertical-align: middle; width: 133px; 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">
Date of Resolution
</td>
<td style="vertical-align: middle; width: 133px; 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">
Total Dividend Amount
(Millions of Yen)
</td>
<td style="vertical-align: middle; width: 133px; 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">
Dividend per Share
(Yen)
</td>
</tr>
<tr style="height: 1.33px">
<td style="vertical-align: middle; width: 133px; 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 ; background-color: #FFFFFF">
November 13, 2024
</td>
<td style="vertical-align: middle; width: 133px; 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; background-color: #FFFFFF" rowspan="2">
577
</td>
<td style="vertical-align: middle; width: 133px; 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; background-color: #FFFFFF" rowspan="2">
15.00
</td>
</tr>
<tr style="height: 1.33px">
<td style="vertical-align: middle; width: 133px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 0px none ; border-right: 1px solid #000000; border-bottom: 1px solid #000000; background-color: #FFFFFF">
Board of Directors Resolution
</td>
</tr>
<tr style="height: 1.33px">
<td style="vertical-align: middle; width: 133px; 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 ; background-color: #FFFFFF">
June 25, 2025
</td>
<td style="vertical-align: middle; width: 133px; 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; background-color: #FFFFFF" rowspan="2">
654
</td>
<td style="vertical-align: middle; width: 133px; 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; background-color: #FFFFFF" rowspan="2">
17.00
</td>
</tr>
<tr style="height: 1.33px">
<td style="vertical-align: middle; width: 133px; padding-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; border-left: 1px solid #000000; border-top: 0px none ; border-right: 1px solid #000000; border-bottom: 1px solid #000000; background-color: #FFFFFF">
General Meeting of Shareholders Resolution (Planned)
</td>
</tr>
</tbody>
</table>
</div>

We position returning profits to shareholders as a key priority. Our basic policy is to pay dividends in line with business performance while strengthening our management foundation and increasing corporate value. We determine dividend amounts by comprehensively considering both the buildup of retained earnings and the stable continuity of dividends. We conduct shareholder distributions twice annually through interim and year-end dividends as our basic approach. We allocate retained earnings for strategic investments to improve cost competitiveness, strengthen our technology and manufacturing development capabilities, and advance our global business strategy.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/05/14)	17	17	34	62.2%
FY2025	Actual(2025/05/14)	15	17	32	61.2%
	Revision(2024/11/13)	15	17	32	-
	Forecast(2024/05/15)	15	15	30	67.6%
FY2024	Actual(2024/05/15)	15	15	30	87.6%
	Forecast(2023/05/15)	15	15	30	95.7%
FY2023	Actual(2023/05/15)	15	15	30	112.5%
	Forecast(2022/05/13)	15	15	30	71.7%
FY2022	Actual(2022/05/13)	15	15	30	69.5%
	Forecast(2021/05/14)	15	15	30	67.4%
FY2021	Actual(2021/05/14)	15	18	33	60.5%
	Forecast(2020/11/05)	15	15	30	-
FY2020	Actual(2020/11/05)	100	20	-	-

NIKKO CO.,LTD. (6306) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)