Aizu Railway Co.,Ltd.

<h3 class="smt_head2">3 [Dividend Policy]</h3>Since its founding, our company has operated as a third-sector railway in a challenging business environment. We have continuously worked to increase ridership revenue and reduce expenses to improve our financial performance, while making ongoing efforts to return profits to shareholders.Regarding profit distribution, our basic approach is to decide on year-end dividends that reflect our business performance, based on resolutions at our annual shareholders' meeting held once per year. In making these decisions, we also consider the need to strengthen our corporate foundation and maintain internal reserves to support future business development.However, due to structural challenges and other circumstances, we regret to announce that no dividend is planned for the current fiscal period.Going forward, we are committed to making early dividend realization a priority, and our entire company will focus on advancing our business operations toward this goal.

The company's basic policy is to pay dividends once per year at the fiscal year-end in line with business performance. Dividend decisions take into account the need to strengthen the company's financial foundation and secure retained earnings for future business development. The company positions early dividend realization as an important priority.

Aizu Railway Co.,Ltd. (E04141) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)