Krosaki Harima Corporation decided at its Board of Directors held on May 11, 2018, to distribute dividends of JPY 120 per share from retained earnings for shareholders of record as of March 31, 2018. Effective October 1, 2017, the company conducted a reverse stock split by consolidating 10 shares of its common stock into one share. The company will place this distribution of dividends on the agenda of the 127th ordinary general meeting of shareholders to be held on June 28, 2018. Effective date is on June 29, 2018. Reasons: The net income attributable to owners of the parent for the fiscal year ending March 31, 2018, was higher than the forecast announced on January 31, 2018. Accordingly, the company has decided to increase the year-end dividend for the fiscal year ending March 31, 2018, to JPY 120 per share, which is JPY 20 higher than the forecast announced on January 31, 2018.