February 22, 2022

Company

Japan Investment Adviser Co., Ltd.

Representative

Naoto Shiraiwa, President & CEO

(TSE First Section, Stock Code: 7172)

Contact

Board Director, Takeshi Sugimoto

TEL.

81-3-6550-9307

Notice of Payment of Dividends

Japan Investment Adviser Co., Ltd. ("the Company") announces that it has resolved in the Board of Directors meeting held on February 22, 2022, to submit a proposal of dividends with a record date of December 31, 2021 as described below at the 16th Annual General Meeting of Shareholders which will be held on March 29, 2022.

1. Details of Dividends

Dividend paid at the

Amount determined

Most recent dividend forecast

(announced on February 10, 2021)

end of FY2020

Record date

December 31, 2021

December 31, 2021

December 31, 2020

Dividend per share

16.00 yen

16.00 yen

16.00 yen

Total amount of

483 million yen

480 million yen

dividends

Effective date

March 30, 2022

March 29, 2021

Source of dividends

Retained earnings

Retained earnings

2. Reasons for Dividends

Returning profits to shareholders is one of our highest priorities and the Company also places great importance on our dividend policy. The basic policy for the distribution of surplus is to pay dividends in consideration of the balance between performance-linked and stable dividends, while securing the necessary internal reserves for future business development and strengthening our financial base.

In view of the above policy, the Company plans to pay a year-end dividend of 16 yen per share for the fiscal year ended on Dec. 31, 2021, which makes an annual dividend of 32 yen per share including the interim dividend (Same amount as previous period).

1

3. Dividends Forecast for the Fiscal Year Ending December 31, 2022

For the fiscal year ending Dec. 31, 2022, the Company plans to pay an interim dividend of 16 yen per share, a year-end dividend of 16 yen per share, and an annual dividend of 32 yen per share (consolidated payout ratio: 32.1%), the same amount as the fiscal year ended on Dec. 31, 2021, with an emphasis on stable dividends.

ReferenceAnnual Dividends

Record date

Dividend per share

Consolidated

Interim

Year - end

Total

payout ratio

December

31,

2022

16.00 yen

16.00 yen

32.00 yen

32.1%

(forecast)

December

31,

2021

16.00 yen

16.00 yen *

32.00 yen

33.0%

(result)

December

31,

2020

16.00 yen

16.00 yen

32.00 yen

25.0%

(result)

Note: To be proposed at the 16th Ordinary General Meeting of Shareholders to be held on March 29, 2022.

Inquiries: PR/IR group

TEL: 81-3-6550-9307

ends

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Disclaimer

Japan Investment Adviser Co. Ltd. published this content on 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 06:30:05 UTC.