TOHAN CORPORATION

<h3>3. Dividend Policy</h3>
<p style="margin-left: 36px; text-align: left">The Company's approach to profit distribution is based on the fundamental principle of maintaining stable, continuous dividends while securing internal reserves necessary for future business development and strengthening our financial position. Additionally, the Company positions share buybacks as a shareholder return measure and will implement them as appropriate.</p>
<p style="margin-left: 36px; text-align: left">The Board of Directors is the decision-making body for dividend distributions. The basic policy regarding the frequency of dividends in each fiscal year is to pay dividends once annually as a year-end dividend.</p>
<p style="margin-left: 36px; text-align: justify; text-justify: inter-ideograph">The dividend for this fiscal period was resolved by the Board of Directors on May 30, 2025, at 5 yen per share. As a result, the dividend payout ratio for this fiscal period was 39.0%.</p>
<p style="margin-left: 36px; text-align: justify; text-justify: inter-ideograph">Internal reserves will continue to be allocated, as in the past, to investments aimed at enhancing competitiveness, ensuring stable long-term growth, and strengthening our management foundation.</p>
<p style="margin-left: 36px; text-align: justify; text-justify: inter-ideograph">The Company's Articles of Incorporation provide that "dividend distributions and other distributions of surplus may be executed by Board of Directors resolution in accordance with Article 459, Paragraph 1 of the Companies Act."</p>
<p style="margin-left: 36px; text-align: left">The dividend distribution of surplus for this fiscal year is as follows.</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Resolution Date</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Total Dividend Amount</p>
<p style="line-height: 13.333333333333333333333333333px; text-align: center">(Million Yen)</p>
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<p style="line-height: 13.333333333333333333333333333px; text-align: center">Dividend per Share</p>
<p style="line-height: 13.333333333333333333333333333px; text-align: center">(Yen)</p>
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<p style="text-align: center">Board of Directors Resolution</p>
<p style="text-align: center">May 30, 2025</p>
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<p style="margin-right: 18px; text-align: right">351</p>
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<p style="margin-right: 18px; text-align: right">5</p>
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<p>Our basic policy is to continue providing stable dividends, and we also implement share buybacks as an appropriate shareholder return measure. Dividends are paid once annually as a year-end dividend. We retain earnings to fund investments for improving competitiveness, ensuring future stable growth, and strengthening our management foundation.</p>

TOHAN CORPORATION (E02538) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)