TORIDOLL Holding Corporation announced that, at the Board of Directors meeting held on May 14, 2024, the Company resolved to revise the dividend policy and the fiscal year-end dividend for the fiscal year ended March 31, 2024. The details are as follows. (Before amendment): TORIDOLL Holdings strives to provide steady dividends reflecting the profitability and performance of the business while maintaining efforts to maximize retained earnings to make the investments required for the Group's growth.

Furthermore, its sustainable dividend policy targets either a dividend payout ratio of 20% or more or an adjusted dividend payout ratio of 2% or more. (After amendment): TORIDOLL Holdings strives to pay progressive dividends reflecting the profitability and performance of the business while maintaining efforts to maximize retained earnings to make the investment required for the Group's growth. In principle, the company target a dividend payout ratio of at least 20%, but in order to ensure stable and continuous dividend payments, it has set the adjusted dividend payout ratio at a minimum of 2% and, with the exception of special dividends, provide dividends that are higher than those of the previous fiscal year.