Japan Lifeline : Notice Concerning Dividends of Surplus (7KB)

To whom it may concern,

May 24, 2017

Company name: Japan Lifeline Co., Ltd. Representative: Keisuke Suzuki, President and CEO

(Code: 7575 TSE 1st Section) Contact person: Kenji Yamada, Vice President,

Corporate Administration Department

(TEL: [phone])

Notice Concerning Dividends of Surplus

Japan Lifeline Co., Ltd. ("JLL") announced that the following resolution concerning dividends of surplus for the fiscal year ended March 2017 was passed at the Board of Directors Meeting held on May 24, 2017. The resolution will be submitted to the 37th Ordinary General Meeting of Shareholders on June 28, 2017.

1. Dividend details

   Amount determined	Latest dividend forecast (announced April 28, 2017)	Previous term results (FYE March 2016)
   Date of record	March 31, 2017	March 31, 2017	March 31, 2016
   Cash dividend per share (yen)	30.00 (Ordinary dividend:30.00)	30.00 (Ordinary dividend:30.00)	25.00 (Ordinary dividend:25.00) (Commemorative dividend:5.00)
   Total amount of cash dividend (million yen)	1,116	-	465
   Effective date	June 29, 2017	-	June 29, 2016
   Dividend resource	Retained earnings	-	Retained earnings

   (Note) JLL conducted 2-for-1 stock split for its common share as of December 1, 2016. The dividend for the fiscal year ended March 2016 is described based on the number of shares before the 2-for-1 split.

   If calculated based on the number of shares before the share split, the dividend for the fiscal year ended March 2017 shall be 60 yen per share, which is substantially equivalent to an increase of 35 yen.

2. Rationale for the determination of dividends of surplus

Our basic policy for shareholder return is to return a stable and continuous dividend by considering the year's consolidated business performance and with due consideration of ensuring sufficient internal reserves for future demand on funds.

As a result of consideration based on our basic policy, JLL decided that the dividends for the fiscal year ended March 2017 will be 30 yen per share as scheduled.