Investor Presentaiton

Yen 500 FY2024 Dividend Forecast Dividend per Share (Figures in parentheses represent amounts without taking into account stock splits.) 252 (758) 196 (588) 260 (781) 0 FY'19 FY'20 FY'21 570 (1,711) 467 Commemorative (1,403) FY'22 FY'23 320 (960) Year-end 192 TEL shareholder return policy Dividend payout ratio: 50% Annual DPS of not less than 50 yen* We will review our dividend policy if the company does not generate net income for two consecutive fiscal years We will flexibly consider share buybacks Interim 128 FY'24 (E) *Due to the stock split on April 1, 2023, the amount has been changed from 150 yen to 50 yen. Dividends per share from FY'19 to FY'23 are calculated on the assumption that the stock split was conducted at the beginning of FY'19. FY'23 includes the 60th anniversary commemorative dividends. Amounts before the stock split are shown in parentheses. Implemented a 3-for-1 common stock split on April 1 this year. Full-year dividends are expected to be ¥320 per share. CORP IR / May 11, 2023 TEL. 22

View entire presentation