Note: This document is a translated version of the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
March 24, 2026
Taiheiyo Cement Corporation (Head Office: Bunkyo-ku, Tokyo; President and Representative Director: Yoshifumi Taura) announces that its consolidated subsidiary Taiheiyo Cement U.S.A., Inc. (Head Office: California, U.S.A.), resolved at its Board of Directors meeting held on March 23, 2026 (local time) to pay a dividend of surplus, and that Taiheiyo Cement Corporation will receive this dividend. This will have an impact on the non-consolidated financial results, as detailed below.
Overview of the Dividend
Dividend Amount: 100 million U.S. dollars (approx. 16 billion yen*) Scheduled Date of Dividend Receipt: March 25, 2026
Financial Impact
The dividend will be recorded as non-operating income in the Company's non-consolidated financial results for the fiscal year ending March 2026. Please note that as this is a dividend from a consolidated subsidiary, the impact on the consolidated financial results for the fiscal year ending March 2026 will be minor.
*The exchange rate for converting U.S. dollars to yen in this release is as follows: 1 U.S. dollar = 159.88 yen (TTM rate as of March 19, 2026)