On May 14, 2021, Toyo Seikan Group Holdings, Ltd. announced "Mid-Term Management Plan 2025"(the "New Mid-Term Management Plan") with an awareness that returning profits to shareholders is one of the most important management issues. The New Mid-Term Management Plan sets out a policy that, during the period from Fiscal Year 2021 to Fiscal Year 2025, the target total return payout ratio will be 80%, the target consolidated dividend payout ratio will be at least 50%, the dividend amount will be JPY 46 per share at minimum and that will be increased, and the Company will implement share repurchase in an agile manner (in principle, extraordinary profits or losses arising from the disposal of assets will not be taken into account when calculating the total return payout ratio and the consolidated dividend payout ratio).