Ichikoh Industries : Notice of Interim Dividends

To whom it may concern	Aug 7, 2023
Company Name	Ichikoh Industries, Ltd.
Representative Director,	Christophe Vilatte
President & CEO
TSE ticker	7244 TSE Prime
Contact	General Manager of Corporate
	Planning Department
	Masaki Takamori
	TEL [phone]

Notice of Interim Dividends

We would like to announce that we have resolved at BOD today to pay interim dividends from retained earnings as of June 30, 2023.

1.	Interim Dividends
(1)	Description of Interim Dividends
				Most recent forecast
			Dividends	of dividends (released	Previous Period
				on May 11, 2023)
		Ex-dividend date	Jun.30, 2023	Same as left	Jun.30, 2022
		Cash dividends	5.50 yen	Same as left	4.50 yen
		per share
		Amount of	528 million yen	－	432 million yen
		dividend paid
		Effective Date	September 5, 2023	－	September 6, 2022
		Source of	Retained earnings	－	Retained earnings
		dividends

(2) Background

Distribution of midterm dividends is 5.5 yen per share in line with the dividend forecast announced on May 11, 2023, which increased by one yen from last year.

(Reference) Year-end dividends forecast

		Dividends per shares (yen)
	Interim		Year-end		Year total
	dividend		dividend
Previous forecast	5.50		5.50		11.00
Forecast on this time			5.50		11.00
Result in this fiscal year	5.50
Result of last year (Dec. 2022）	4.50		4.50		9.00

Year-end dividend forecast has not been changed from the forecast announced on May 11, 2023.

（Reference）Evolution of dividends (yen)

	FY2019	FY2020	FY2021	FY2022	FY2023
	Dec.	Dec.	Dec.	Dec.	Dec.
	12 months	12 months	12 months	12 months	12 months
	（Result）	（Result）	（Result）	（Result）	（Plan）
Interim	3.50	1.00	3.50	4.50	5.50
dividend
Year-end	3.50	2.50	3.50	4.50	5.50
dividend
Year total	7.00	3.50	7.00	9.00	11.00
Payout ratio	14.7%	11.8%	16.9%	19.6%	19.9%

End