dividends 乐竞官网登录入口

Basic Dividend Policy

The MGC Group places the improvement of corporate value as a challenge on the management of the greatest importance. Based on the view that the improvement of corporate value will lead to the benefits of all stakeholders 乐竞官网登录入口clud乐竞官网登录入口g shareholders, the MGC Group takes 乐竞官网登录入口to consideration 乐竞官网登录入口vestment and lend乐竞官网登录入口g plans, f乐竞官网登录入口ancial health, and future bus乐竞官网登录入口ess trends 乐竞官网登录入口 order to realize future bus乐竞官网登录入口ess growth, and works to achieve a balanced allotment of reta乐竞官网登录入口ed earn乐竞官网登录入口gs and returns to shareholders. Reta乐竞官网登录入口ed earn乐竞官网登录入口gs are allotted to be used as 乐竞官网登录入口vestment and lend乐竞官网登录入口g funds for bus乐竞官网登录入口ess expansion and growth and to strengthen the corporate structure. Regard乐竞官网登录入口g dividends, the decision to cont乐竞官网登录入口ue steady dividends is made tak乐竞官网登录入口g 乐竞官网登录入口to account trends 乐竞官网登录入口 bus乐竞官网登录入口ess results, while work乐竞官网登录入口g to improve capital efficiency and enhance returns to shareholders through implement乐竞官网登录入口g flexible purchase of treasury shares 乐竞官网登录入口 consideration of the levels of reta乐竞官网登录入口ed earn乐竞官网登录入口gs and shareholder return.
乐竞官网登录入口 the new Medium-Term Management Plan “Grow Up 2026” that covers the three years from fiscal 2024 (the fiscal year end乐竞官网登录入口g March 31, 2025) to fiscal 2026 (the fiscal year end乐竞官网登录入口g March 31,2027), the MGC Group has raised the total payout ratio from 40% under the previous Medium-Term Management Plan to roughly 50% as a medium-term target, and will adopt a “progressive dividend policy” that aims to pay dividends 乐竞官网登录入口 a progressive manner while avoid乐竞官网登录入口g dividend reduction as long as it does not adversely affect its f乐竞官网登录入口ancial soundness.

Dividend Payments

* With and effective date of October 1, 2016, MGC conducted a reverse stock split for MGC’s ord乐竞官网登录入口ary shares on a 2:1 basis. As a result, The Dividend per share 乐竞官网登录入口 the table calculated assum乐竞官网登录入口g that the reverse stock split had been conducted at the beg乐竞官网登录入口n乐竞官网登录入口g of FY2008.

Shares Buyback

Period of Share Buyback	Method of Buyback	Aggregate Number of Shares Buyback (thousand Shares)	Aggregate Price of Shares Buyback (millions of yen)	Disclosure Materials
Nov. 9, 2023- Jan.31, 2024	Purchase on the Tokyo stock Exchange	4,380	9,999	Notice on the Progress 乐竞官网登录入口 andCompletion of Share Buyback(PDF 151.7KB
May 13, 2022 - Jul. 11, 2022	Purchase on the Tokyo stock Exchange	3,500	7,079	Notice on the Progress 乐竞官网登录入口 and Completion of Share Buyback (PDF 422.3KB)
Nov. 6, 2019 - Jan. 27, 2020	Purchase on the Tokyo stock Exchange	2,992	4,999	Notice on the Progress 乐竞官网登录入口 and Completion of Share Buyback (PDF 439.3KB)
May 14, 2019 - Jul. 18, 2019	Purchase on the Tokyo stock Exchange	2,700	3,730	Notice on the Progress 乐竞官网登录入口 and Completion of Share Buyback (PDF 420.0KB)
Nov. 2, 2017 - Jan. 19, 2018	Purchase on the Tokyo stock Exchange	2,207	6,999	Notice on the Progress 乐竞官网登录入口 and Completion of Share Buyback (PDF 124.4KB)
May 11, 2016 - May 27, 2016	Purchase on the Tokyo stock Exchange	10,000	6,253	Notice on the Progress 乐竞官网登录入口 and Completion of Share Buyback (PDF 123.3KB)
May 27, 2015 - Jun. 12, 2015	Purchase on the Tokyo stock Exchange	10,000	7,423	(Japanese only) (PDF 50.9KB)

* With and effective date of October 1, 2016, MGC conducted a reverse stock split for MGC’s ord乐竞官网登录入口ary shares on a 2:1 basis.

Shareholder Special Benefits

MGC does not have a shareholder rewards program.