HIGASHI HOLDINGS CO.,LTD.

<h3 class="smt_head2">3 [Dividend Policy]</h3>

<p class="smt_text2" style="orphans:0;widows:0;">We consider returning profits to our shareholders as one of our important priorities. Our basic policy is to provide shareholders with stable, continuous dividends while maintaining sufficient retained earnings necessary for future business development and strengthening our financial position.<br/>
　Our retained earnings are intended to strengthen our financial position and prepare for future capital investments and business expansion in response to anticipated changes in the business environment. We also aim to increase returns to shareholders through improved future performance. Based on this policy, we plan to propose a dividend of 42 yen per share for the current fiscal year at the ordinary general meeting of shareholders scheduled for June 13, 2025.</p>

<p class="smt_text2" style="orphans:0;widows:0;text-align:justify;padding-left:9pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;font-size:9pt;">While our articles of incorporation provide that the board of directors may resolve to pay dividends of surplus funds pursuant to Article 459, Paragraph 1 of the Companies Act, the final decision on such dividends will be made at the shareholders' meeting to reflect shareholders' views.</p>

<p class="smt_text6" style="orphans:0;widows:0;line-height:10pt;font-size:10pt;"> </p>

<p class="smt_anno1" style="orphans:0;widows:0;">(Note) Dividends of surplus funds with record dates in the current fiscal year are as follows:</p>

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<p class="smt_tblL" style="orphans:0;widows:0;text-align:justify;padding-left:2pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-justify:inter-ideograph;text-indent:0pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:10pt;font-size:9pt;"><ix:nonNumeric contextRef="FilingDateInstant_Row1Member" name="jpcrp_cor:ResolutionDividendsOfSurplus">Scheduled to be resolved at ordinary general meeting of shareholders</ix:nonNumeric></p>
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<p class="smt_text6" style="orphans:0;widows:0;line-height:13pt;font-size:13pt;"> </p>

<p>Our basic policy is to provide stable and continuous dividends to shareholders while securing retained earnings for future business development and strengthening our financial position. We use retained earnings to respond to changes in the business environment, strengthen our financial structure, and fund future capital investments and business expansion. Through improved performance, we aim to enhance shareholder returns.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Revision(2025/10/24)	0	50	50	-
	Forecast(2025/05/09)	0	46	46	30.1%
FY2025	Actual(2025/05/09)	0	42	42	30.7%
	Forecast(2024/05/10)	0	38	38	30.6%
FY2024	Actual(2024/05/10)	0	36	36	31.4%
	Revision(2023/10/27)	0	34	34	-
	Forecast(2023/05/12)	0	32	32	31.9%
FY2023	Actual(2023/05/12)	0	30	30	31.0%
	Revision(2022/10/28)	0	28	28	-
	Forecast(2022/05/11)	0	26	26	30.8%
FY2022	Actual(2022/05/11)	0	26	26	30.3%
	Revision(2021/10/29)	0	22	22	-
	Forecast(2021/05/12)	0	20	20	31.7%
FY2021	Actual(2021/05/12)	0	18	18	35.1%
	Forecast(2020/10/30)	-	16	16	-
FY2020	Actual(2020/10/30)	-	18	18	-

HIGASHI HOLDINGS CO.,LTD. (9029) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)