Ryoden CorporationTSE: 8084

Notice of Revision of Dividend Forecast (Dividend Increase)

· Issued by Ryoden Corporation


May 8, 2026

RYODEN CORPORATION

(Code: No. 8084, TSE Prime Market) President & CEO Katsuyuki Tomizawa,

Contact: Kouzaburo Okamura, General Manager, General Affairs Dept (Tel: +81-3-5396-6111)

Notice of Revision of Dividend Forecast (Dividend Increase)

RYODEN CORPORATION (hereinafter, the "Company") is pleased to announce that its Board of Directors, at its meeting held today, has revised the Company's previous dividend forecast announced on May 9, 2025, as follows:

1. Revision of dividend forecast

Annual dividend

At the end of

the second quarter

Year-end

Total

Previous forecast

(Announced on May 9, 2025)

yen

68.00

yen

136.00

Revised forecast

70.00

138.00

Actual dividend in the current

fiscal year

68.00

Actual dividend in the previous

fiscal year (FYE2025)

53.00

53.00

106.00

Reason for the revision

The Group is committed to maintaining financial soundness, investing in growth to enhance corporate value over the medium to long term, and returning profits to shareholders in an appropriate manner.

Regarding shareholder returns, the Company changed its dividend policy on May 9, 2025. The new policy is to strengthen and expand shareholder returns in a stable manner over the medium to long term, not linked to short-term business performance, and to pay dividends with a minimum consolidated total return ratio of 50% or a consolidated dividend on equity (DOE) ratio of 3.5%.

Based on the dividend policy, the Company has revised its year-end dividend to 70 yen per share for the fiscal year ended March 2026. This will result in an annual dividend of 138 yen per share.

Please note also that the Board of Directors of the Company has approved a dividend policy to be applied starting from the fiscal year ending March 2027. For its content, please refer to the "Notice of Change in Dividend Policy (Introduction of Progressive Dividend)" announced today.