CMIC HOLDINGS Co.,Ltd.

<h3>3 [Dividend Policy]</h3>
The Company positions the return of profits to shareholders as one of its important management policies. Our basic policy is to secure internal reserves for improving profitability and strengthening our business foundation, while implementing dividends in accordance with business performance. We set a target consolidated payout ratio of 30% and will implement continuous and stable dividends. Additionally, we will flexibly acquire treasury shares in consideration of stock market trends and capital efficiency.
Regarding the use of retained earnings, we intend to strengthen our corporate structure to adapt to changes in the business environment and allocate funds to capital investment and development investment to realize sustainable growth.
Our basic policy is to pay dividends twice per fiscal year: interim and year-end dividends. Regarding the decision-making body, our Articles of Incorporation stipulate that "matters concerning dividends of surplus and other items specified in Article 459, Paragraph 1 of the Companies Act shall be determined by Board of Directors resolution, without requiring shareholder approval, except where otherwise provided by law."
For the current fiscal year, we paid dividends twice: an interim dividend of 5 yen per share and a year-end dividend of 45 yen per share, resulting in an annual dividend of 50 yen per share (consolidated payout ratio of 12.0%).
The total number of treasury shares acquired (on a contract basis) was 694 thousand shares, with a total acquisition price of 1,269 million yen.
The total shareholder return ratio for the current fiscal year is 29.7%, consisting of an annual dividend of 50 yen per share and treasury share acquisitions.
The dividends of surplus for the current fiscal year are as follows.
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Resolution
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Total Dividend Amount
(Million Yen)
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Dividend per Share
(Yen)
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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateyearmonthdaycjk">April 28, 2023</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">86</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" unitRef="JPYPerShares" decimals="2" scale="0" format="ixt:numdotdecimal">5.00</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" escape="false">Board of Directors</ix:nonNumeric>

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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" format="ixt:dateyearmonthdaycjk">November 15, 2023</ix:nonNumeric>

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<ix:nonFraction name="jpcrp_cor:TotalAmountOfDividendsDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPY" decimals="-6" scale="6" format="ixt:numdotdecimal">766</ix:nonFraction>

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<ix:nonFraction name="jpcrp_cor:DividendPerShareDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" unitRef="JPYPerShares" decimals="2" scale="0" format="ixt:numdotdecimal">45.00</ix:nonFraction>

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<ix:nonNumeric name="jpcrp_cor:ResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row2Member" escape="false">Board of Directors</ix:nonNumeric>

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(Note) 1. The total dividend amount for the Board of Directors resolution on April 28, 2023 includes 0 million yen in dividends paid to the Employee Stock Ownership Plan (J-ESOP).
2. The total dividend amount for the Board of Directors resolution on November 15, 2023 includes 7 million yen in dividends paid to the Employee Stock Ownership Plan (J-ESOP).

Our basic policy is to pay dividends in line with business performance, targeting a consolidated payout ratio of 30% to ensure continuous and stable dividends. We plan to pay dividends twice annually—interim and year-end dividends. We will use retained earnings for capital expenditures and development investments, and will flexibly implement share buybacks taking into account stock market conditions and other factors.

CMIC HOLDINGS Co.,Ltd. (E05292) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)