<Dividend Policy, Dividend Amount, Payout Ratio>

【Dividend Policy】

   The Company’s basic policy is to maintain continuous and stable dividends and to raise

   the level of dividends according to business performance, while aiming to increase corporate value.

 【Dividends】

・Dividend yield = Dividend per share (total)/Share price as of March 31 of each year (closing price) x 100
・Dividends on equity (DOE) = Total dividends/((Shareholders' equity at the beginning of the period + Shareholders' equity at the end of the period)/2) x 100