M-Up Holdings Co., Ltd. <3661> announced that it will distribute dividends of surplus funds on the 5th.

The ex-dividend date is March 31, 2024, with a dividend of 13.50 yen per share. With this, the annual dividend will be 13.50 yen per share, an increase of 3.50 yen per share from the previous period.

The company considers stable profit return to shareholders as an important management issue, and established a dividend policy based on a long-term perspective, taking into account future business development such as investment in new businesses for future growth strategies and strengthening its financial foundation, as well as future performance outlooks, with a target dividend payout ratio of 30% or more linked to its performance. The company also aims to maintain and expand continuous and stable dividends while implementing a basic policy of distributing performance-linked dividends, and strives to maintain stable and continuous dividends.