Notice: Revision of Dividend Forecast

Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

September 21, 2021

Company Name: Iida Group Holdings Co., Ltd.

Representative: Masashi Kanei, President and Representative Director

Stock code: 3291, Tokyo Stock Exchange (First Section)

For inquiry: Hiroshi Nishino, Executive Board Director（Tel: +81-422-38-8828）

Notice: Revision of Dividend Forecast

Iida Group Holdings Co., Ltd., (hereafter "the Company") revised the dividend forecast for the fiscal year ending March 2022, which had been announced on August 10, 2021, as provided below.

1. Reason for the revision

Believing that distribution of profits to the shareholders is one of the most important management tasks, the Company has maintained the following dividend payment policy: ensuring sustainable and steady dividend payments (both interim and year-end) by balancing strengthening of the management with expanding of the business as a whole group.

Considering the above-mentioned dividend payment policy and business performance of the recent days, the Company has determined to revise the interim and the year-end dividend forecasts for the fiscal year ending March 2022 to 45 yen per share and to 45 yen per share, respectively. Therefore, the total dividend forecast for the full year is expected to be 90 yen per share, an increase of 16 yen from the previous forecast.

2. Details of the revision