YAMAICHI ELECTRONICS CO., LTD.

Stock listing: Tokyo Stock Exchange - Prime Market

Code: 6941

President: Junichi Kameya

Managing Director: Kazuhiro Matsuda

Tel: +81-3-3734-0115

May 14, 2024

Notice Regarding Dividend of Surplus

We hereby announce that at the board of directors meeting held on May 14, 2024, our company resolved to pay dividends from surplus with March 31, 2024 as the record date. This matter is scheduled to be discussed at the 69th Ordinary General Meeting of Shareholders scheduled to be held on June 26, 2024. Details are as follows:

1. Dividend details

Latest dividend

Previous period

Determined amount

forecast

results

(Published on November

(Fiscal year ending

7, 2023)

March 2023)

Reference date

March 31, 2024

March 31, 2024

March 31, 2023

Dividend per

13 yen

12 yen

69 yen

share

Total dividend

265 million yen

1,430 million yen

amount

Effective date

June 27, 2024

June 29, 2023

Dividend source

an earned surplus

an earned surplus

2. Reason

Our group has announced that we aim for a dividend payout ratio of 30% in our three- year medium-term management plan (fiscal year ending March 2024 to fiscal year ending March 2026) starting in fiscal year 2023. As part of our efforts to improve shareholder returns, we have decided on the amount of year-end dividends.

Reference

Dividend per share

Second quarter

End of term

Total

dividend

dividend

Results e for the

current period

18 yen

13 yen

31 yen

(Fiscal year ending

March 2024)

Previous period

results (Fiscal year

35 yen

69 yen

104 yen

ending March 2023)

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Disclaimer

YAMAICHI Electronics Co. Ltd. published this content on 17 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2024 06:10:34 UTC.