期末配当予想の修正 (復配) に関するお知らせ＜English Follows＞

Notice of Revision to the Year-End Dividend Forecast (Dividend Resumption)

当社は本日開催の取締役会において、2024年３月期の期末配当予想の修正を決議しましたのでお知らせいたします。

当社の配当政策の基本方針は、業績に応じた利益還元に努めるとともに、今後の事業環境を勘案し中長期的視点に立った安定的な配当の実現と、経営基盤の基礎となる内部留保の充実に努めることとしております。

当社は過去の多額の工事損失により、大変遺憾ながら過去６期にわたり無配が継続しており、中期経営計画期間内の早い段階での復配を経営上の最優先課題と認識し、収益力の向上ならびに財務体質の強化を図ってまいりました。

当期の期末配当につきましては、当期の業績見通しを踏まえて、安定的な配当の実現に向けた体制が整いつつあると判断し、期末配当予想を１株当たり12円として復配させていただきたく存じます。

今後も中期経営計画の柱である「新技術・事業開拓」「EPC強靭化」戦略の遂行に注力し、収益力を一層高めて持続的な企業価値の向上に努めてまいります。

本件に関する適時開示

https://contents.xj-storage.jp/xcontents/AS05120/44c599d2/f9ec/4552/a84b/c4c24369c463/140120240319556305.pdf

<English Follows>

-------------------------------------------------------------------------------------------------------

Toyo Engineering Corporation (the “Company”) hereby announces that its board of directors meeting held today resolved the revision to the year-end dividend forecast for the fiscal year ending March 31, 2024.

The Company’s basic dividend policy is to strive to return profit to shareholders in line with business performance, achieve stable dividends from a medium- to long-term perspective by taking into consideration the future business environment, and increase internal reserves as the basis for the management foundation.

It is extremely regrettable that the Company has been unable to pay dividends for the past six periods because of significant losses incurred in previous years. The Company’s highest management priority is to resume dividend distribution at an early stage of the period covered by the medium-term management plan. With this in mind, the Company has been making efforts to improve profitability and strengthen its financial position.

Based on the latest financial forecast of the current fiscal year, the Company has determined that it is about to establish a structure that allows for stable dividends. For the fiscal year ending March 31, 2024, the Company plans to resume year-end dividend distribution by forecasting 12 yen per share.

The Company will continue to focus on the strategies of “Sustainable Technology and Business Development” and “Advanced EPC Operation,” the pillars of its medium-term management plan, as it seeks to further increase profitability and enhance its corporate value on a sustainable basis.

https://contents.xj-storage.jp/xcontents/AS05120/35d2344f/61e5/44e3/9256/ec0b68817a2f/140120240319556369.pdf