Japan System Techniques : 【Delayed】Notice of Dividends from Surplus

News Release Dated April 28, 2022

Company: Japan System Techniques Co., Ltd.

Representative: Takeaki Hirabayashi, President and CEO

Stock code: 4323, Tokyo Stock Exchange, Prime Market

Contact: Toshinori Hamada, General Manager of

Planning & Administration Division

Tel: [phone]

Notice of Dividends from Surplus

The Board of Directors of Japan System Techniques Co., Ltd. (JAST) approved a resolution on April 28, 2022 to pay dividends from surplus as follows with a record date of March 31, 2022.

1. Details of dividends

	Final proposal amount	Most recent dividend forecast	Previous fiscal year's results
	(Announced on Jan. 26, 2022)
Record date	March 31, 2022	March 31, 2022	March 31, 2021
Dividends per share	40.00 yen	40.00 yen	28.00 yen
Total dividends	248,274 thousand yen	-	152,028 thousand yen
Effective date	June 9, 2022	-	June 11, 2021
Source of dividends	Retained earnings	-	Retained earnings

2. Main reasons

In order to further return profits to its shareholders, JAST has decided to pay a year-end dividend of 40 yen per share, taking into consideration the results of operations and profit level for the current fiscal year. As a result, the annual dividend will be 40 yen per share.

JAST's Articles of Incorporation stipulate that the Company may pay dividends from surplus by a resolution of the Board of Directors.

Reference: Breakdown of annual dividends

		Dividend per share
Record date	2Q-end	Year-end	Annual
Current fiscal year's results	-	40.00 yen	40.00 yen
(Fiscal year ended March 31, 2022)
Previous fiscal year's results	-	28.00 yen	28.00 yen
(Fiscal year ended March 31, 2021)