■Shareholder return measures and sustainability initiatives

1. G-7 Holdings' Shareholder Return Policy (7508)

Regarding the dividend policy, it is stated that “based on implementing profit returns according to business results on the premise that stable dividends will continue, we will comprehensively judge while taking into account investment demand and financial conditions for future business development.” The dividend level is around 30% in terms of dividend payout ratio, and dividends were increased for the 9th consecutive term to 40.0 yen (dividend payout ratio 34.1%), a 2.0 yen increase from the previous fiscal year. The same amount of 40.0 yen (same 31.5%) is also scheduled for the fiscal year ending 2025/3, but if business results are progressing smoothly, continuous dividend increases are also expected.

(Author: FISCO Visiting Analyst Joe Sato)