Japan Drilling Co., Ltd.

<h3>3. Dividend Policy</h3>
The Company recognizes stable profit returns to shareholders as an important management priority and has adopted a basic policy of paying dividends on a continuous basis.
The specific dividend amount is determined by taking into account the balance among internal reserves for strategic investments toward future business development, financial condition, and business performance, based on medium to long-term management outlook.
Regarding the year-end dividend for the current consolidated fiscal year, due to the prolonged downturn in the offshore drilling industry, the Company was forced to record substantial impairment losses and other charges, resulting in negative retained earnings. Accordingly, we regret to inform that no dividend will be paid.
The Company Group will continue to make every effort toward early recovery of its financial foundation, including the commencement of corporate rehabilitation proceedings, the preparation and approval of a rehabilitation plan, and its subsequent implementation.

The Company's Articles of Incorporation provide for the ability to pay interim dividends with September 30 as the record date. However, the basic policy is to limit dividend distributions to year-end dividends once per fiscal year. The year-end dividend is decided by the shareholders' meeting, while interim dividends are decided by the board of directors.

We recognize the stable return of profits to shareholders as an important management priority and maintain a basic policy of continuing dividend payments. The dividend amount is determined by taking into account internal reserves for strategic investments, financial soundness, and business performance, based on our medium to long-term business outlook. Our basic policy is to pay dividends once per fiscal year in the form of a year-end dividend.

Japan Drilling Co., Ltd. (E23800) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)