SUNWELS Co.,Ltd.

<h3>3. Dividend Policy</h3>
　The Company recognizes returning profits to shareholders as one of its important management strategies. Regarding profit distribution, our basic policy is to implement stable and continuous dividends while taking into account retained earnings necessary for growth investments.
When distributing surplus funds, our basic policy is to pay dividends twice annually: a year-end dividend (as of March 31) and an interim dividend (as of September 30). Our Articles of Incorporation stipulate that the Company may set other record dates for dividend distributions and that matters specified in Article 459, Paragraph 1 of the Companies Act may be resolved by the Board of Directors without requiring a shareholders' meeting resolution, except where otherwise provided by law.
Retained earnings are intended to be used for investments in business expansion to achieve sustainable growth and improve corporate value over the medium to long term.
　Regarding dividend distribution for the current fiscal year, taking into account the net loss of 925 million yen recorded for the period, we have decided not to pay a dividend.

Our basic policy is to provide stable and continuous dividends while maintaining internal reserves for growth investments. We distribute dividends twice yearly—at the end of the fiscal year and at the interim period. We use retained earnings to pursue sustainable growth and enhance corporate value over the medium to long term, allocating these funds to investments that expand our business.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/05/15)	0	0	0	-
FY2025	Actual(2025/05/15)	0	0	0	-
	Forecast(2024/05/09)	9	9	18	20.7%
FY2024	Actual(2024/05/09)	6	8	14	20.8%
	Revision(2023/11/10)	6	6	12	-
	Revision(2023/09/20)	6	5	10	-
	Forecast(2023/05/09)	5	5	10	19.5%
FY2023	Actual(2023/05/09)	13	13	26	33.0%
	Forecast(2022/08/10)	13	13	26	-
FY2022	Actual(2022/08/10)	0	11	11	-

SUNWELS Co.,Ltd. (9229) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)