News Release: AEON DELIGHT CO., LTD.

(9787 TSE1)

April 9, 2021

Notice of Dividend from Retained Earnings (Increase in Year-end Dividend)

At the Board of Directors meeting held today, AEON DELIGHT CO., LTD. resolved to pay dividends from retained earnings as of the record date, February 28, 2021. Details are as follows.

1. Contents of dividend

Latest dividend

Previous results

Determined amount

forecast

(announced on

(FY2/20)

April 10, 2020)

Record date

February 28, 2021

Same as on the left

February 29, 2020

Dividend per share

47 yen

35 yen

33 yen

Total amount of

2,350 million yen

1,648 million yen

dividend

Effective date

May 6, 2021

April 30, 2020

Source of dividend

Retained earnings

Retained earnings

2. Reason

We strive to realize sustainable growth through aggressive investments, increase shareholder value over the medium to long term, and increase returns to shareholders in line with corporate growth. Our basic capital policy is to maintain stable dividends to shareholders based on a consolidated dividend payout ratio of 35%, while emphasizing return on equity (ROE) as an indicator of capital efficiency to achieve a balance between growth investments and shareholder returns.

Based on the above policy, the year-end distribution for the fiscal year ended February 2021 will be 47 yen per share, an increase of 12 yen compared to the forecast announced on April 10, 2020. As a result, the annual dividend for the fiscal year ended February 2021 will be 82 yen, including the interim dividend of 35 yen.

We will sustain to pay stable dividends in line with the growth of our business results, and aim to achieve a consolidated dividend payout ratio of 40% by the fiscal year ending February 2024 which is the final year of our medium-term management plan announced today.

(Reference) Breakdown of annual dividend

Dividend per share

Record date

End of 2Q

Year-end

Total

Current results (FY2/21)

35 yen

47 yen

82 yen

Previous results (FY2/20)

32 yen

33 yen

65 yen

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Disclaimer

AEON DELIGHT Co. Ltd. published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 06:02:03 UTC.