Dividends

Year ending
March 31,
2020		 Year ending
March 31,
2021		 Year ending
March 31,
2022		 Year ending
March 31,
2023		 Year ending
March 31,
2024		 Year ending
March 31,
2025
(forecast)
Annual
dividend
(yen)		 End of 1st
quarter		 - - - - - -
End of 2nd
quarter		 27.50 17.50 22.50 29.00 29.00 37.00
End of 3rd
quarter		 - - - - - -
end of term 17.50 17.50 34.50 29.00 30.00 37.00
total amount 45.00 35.00 57.00 58.00 59.00 74.00
Dividend amount
(Millions of yen)		 3,308 2,574 4,193 4,267 4,342 -
Dividend payout ratio (%) 35.5 37.3 30.1 35.6 30.4 -
Ratio of dividends
to net assets (%)		 2.6 1.9 2.9 2.8 2.6 -
DOE (%) - 1.9 3.0 2.8 2.7 -