Dividends for the fiscal year ending March 31, 2024

Regarding the year-end dividend for the fiscal year ended March 31, 2024, after giving overall consideration to factors, including the current recovery of our earnings based on the business environment, we have decided to pay a year-end dividend of ¥12.5 per share (annual dividend of ¥25 per share including the interim dividend of ¥12.5).

Basic policy on profit distribution and dividends for the fiscal year ending March 31, 2025

Under the financial strategy in the “Seibu Group’s Long-term Strategy to 2035,” our basic policy is to pursue stable dividends and to increase dividends through improved earnings while continuing to prioritize growth investments in areas such as redevelopment. As of this plan, the dividend per share in the dividend forecast for the fiscal year ending March 31, 2025 shall be ¥30, and a progressive dividend with a minimum DOE of 2.0% will be introduced. We will also conduct purchases of treasury shares flexibly taking our balance sheet into account.
Regarding the annual dividend for the fiscal year ending March 31, 2025, after giving comprehensive consideration to the consolidated earnings forecasts for the fiscal year ending March 31, 2025 and to the status of funds we plan to pay a dividend of ¥30 per share (interim dividend ¥15, year-end dividend ¥15).