<h3 class="smt_head2">3 [Dividend Policy]</h3>
Based on our bus transportation business rooted in local communities, we are committed to strengthening our management structure to respond to changes in the social environment. Our profit distribution policy is determined by taking into account the current fiscal year's performance and various circumstances.
Our basic policy is to pay dividends from retained earnings once per fiscal year at the end of the fiscal year, with the decision made at the shareholders' meeting.
Based on the above policy, the dividend for this fiscal year is set at 4.0 yen per share.
We intend to make effective use of retained earnings for capital investments and other initiatives that will lead to new growth.
 
The dividend details for this fiscal year are as follows.
<div class="tbld" style="margin-left:17.9pt;margin-right:0pt;margin-top:0pt;margin-bottom:0pt;">
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border:solid 0pt #000000;width:346pt;table-layout:fixed;">
<colgroup>
<col style="width:141.8pt;min-width:141.8pt;"/>
<col style="width:102.1pt;min-width:102.1pt;"/>
<col style="width:102.1pt;min-width:102.1pt;"/>
</colgroup>
<tr style="height:22.7pt;min-height:22.7pt;">
<td valign="middle" style="vertical-align:middle;border-top-style:solid;border-top-width:0.75pt;border-bottom-style:solid;border-bottom-width:0.75pt;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">Resolution Date
</td>
<td valign="middle" style="vertical-align:middle;border-top-style:solid;border-top-width:0.75pt;border-bottom-style:solid;border-bottom-width:0.75pt;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">Total Dividend Amount (Thousands of Yen)
</td>
<td valign="middle" style="vertical-align:middle;border-top-style:solid;border-top-width:0.75pt;border-bottom-style:solid;border-bottom-width:0.75pt;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">Dividend per Share (Yen)
</td>
</tr>
<tr style="height:11.4pt;min-height:11.4pt;">
<td valign="middle" style="vertical-align:middle;border-top-style:solid;border-top-width:0.75pt;border-bottom-color:#a9a9a9;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">June 27, 2025
</td>
<td valign="middle" rowspan="2" style="vertical-align:middle;border-top-style:solid;border-top-width:0.75pt;border-bottom-style:solid;border-bottom-width:0.75pt;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">40,485
</td>
<td valign="middle" rowspan="2" style="vertical-align:middle;border-top-style:solid;border-top-width:0.75pt;border-bottom-style:solid;border-bottom-width:0.75pt;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">4.0
</td>
</tr>
<tr style="height:11.4pt;min-height:11.4pt;">
<td valign="middle" style="vertical-align:middle;border-bottom-style:solid;border-bottom-width:0.75pt;border-left-style:solid;border-left-width:0.75pt;border-right-style:solid;border-right-width:0.75pt;overflow:hidden;">Annual Shareholders' Meeting Resolution
</td>
</tr>
</table> 
</div>

We determine profit distribution by taking into account our current business performance and overall circumstances. Our basic policy is to pay dividends from retained earnings once a year at the fiscal year-end, with decisions made at the shareholders' meeting. We plan to use retained earnings effectively for capital investments and other initiatives that drive future growth.

(E04112) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)