<h3 class="smt_head2">3 [Dividend Policy]
</h3>The Company is currently in a growth phase and aims to strengthen its financial position for long-term business stability and pursue continuous business expansion. For this reason, we believe that building up retained earnings is important, and we have not paid dividends since our establishment. Retained earnings will be allocated according to future business strategy, including capital investments for new store openings and personnel expenses related to hiring.However, we recognize returning profits to shareholders as one of our important management priorities. Regarding future dividend payments to shareholders, we will consider them comprehensively, taking into account business performance trends, financial condition, future business and investment plans, while maintaining a balance with retained earnings.When we implement dividend distributions in the future, we plan to pay dividends once annually at the fiscal year-end, with the shareholders' meeting serving as the decision-making body for year-end dividends. Additionally, based on Article 454, Paragraph 5 of the Companies Act, our articles of incorporation provide that interim dividends may be implemented by board resolution with June 30 as the record date each year.

The company is currently in a growth phase and does not pay dividends in order to strengthen its financial position. Retained earnings are allocated to new store openings, equipment investments, and personnel expenses. Future dividend decisions will be made by comprehensively considering business performance, financial condition, and investment plans, while balancing retained earnings. When dividends are implemented, they will be paid once annually as a year-end dividend as a general rule.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2026/02/13)	6	6	12	12.0%
FY2025	Actual(2026/02/13)	0	0	0	-
FY2024	Actual(2025/02/13)	0	0	0	-
	Forecast(2024/11/13)	0	0	0	-
FY2023	Actual(2024/02/14)	0	0	0	-
	Forecast(2023/11/14)	0	0	0	-
FY2022	Actual(2023/02/13)	0	0	0	-
	Forecast(2022/08/12)	0	0	0	-
FY2021	Actual(2022/02/14)	0	0	0	-
	Forecast(2021/02/12)	0	0	0	0.0%
FY2020	Actual(2021/02/12)	0	0	0	0.0%
	Forecast(2020/11/13)	0	0	0	-
FY2019	Actual(2020/11/13)	0	0	0	-

(9271) Dividends

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Dividend History (Forecasts, Revisions, Actuals)