Tobu Railway Co., Ltd. TSE:9001

Tobu Railway : Notice Concerning Dividends of Surplus

Published

Source: MarketScreener

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.





May 16, 2025

Company name: TOBU RAILWAY CO., LTD. Name of representative: Yutaka Tsuzuki, President and

Representative Director (Securities code: 9001; Tokyo Stock Exchange Prime Market)

Inquiries: Shota Aikawa, Manager of General Affairs and Legal Department

(Telephone: +81-3-5962-2067)

Notice Concerning Dividends of Surplus

TOBU RAILWAY CO., LTD. (the "Company") hereby announces that it has resolved, at a meeting of the Board of Directors held today, to pay dividends of surplus with a record date of March 31, 2025, as described below.

This matter is to be officially determined and implemented upon resolution at the 205th Annual General Meeting of Shareholders scheduled to be held on June 24, 2025.

  1. Details of dividend

    Determined amount

    Most recent dividend forecast

    (Announced on April 30, 2025)

    Actual results for the previous fiscal year

    (Fiscal year ended March 31, 2024)

    Record date

    March 31, 2025

    Same as on the left

    March 31, 2024

    Dividend per share

    32.50 yen

    Same as on the left

    30.00 yen

    Total amount of dividends

    6,509 million yen

    -

    6,221 million yen

    Effective date

    June 25, 2025

    -

    June 24, 2024

    Source of dividends

    Retained earnings

    -

    Retained earnings

  2. Reason

In order to strengthen the management base over the long term, the Company has a basic policy of making stable dividend payments by giving consideration to financial soundness as well as comprehensively taking into account its business performance and management environment.

During the fiscal year under review, we promoted business development to realize our Long-term

Management Vision and further improved our business performance through strategic measures to improve profits in each business segment in response to changes in the environment. Accordingly, the Company will pay a year-end dividend of 32.50 yen per share (this will bring the total annual dividend to 60 yen per share including the interim dividend of 27.50 yen per share).

(Reference) Breakdown of annual dividend

Dividend per share

Record date

Second quarter-end

Fiscal-year end

Total

Actual results for the previous fiscal year (Fiscal year ended March 31, 2024)

25.00 yen

(Ordinary dividend: 20.00 yen) (Commemorative dividend: 5.00 yen)

30.00 yen

55.00 yen

Actual results for the current fiscal year

(Fiscal year ended

March 31, 2025)

27.50 yen

32.50 yen

60.00 yen

Forecast for the next fiscal year

(Fiscal year ending

March 31, 2026)

32.50 yen

32.50 yen

65.00 yen