February 9, 2018

Company name: Lion Corporation

Representative: Itsuo Hama, Representative Director,

President Executive Officer

Security code: 4912; the First Section of the Tokyo Stock Exchange

Notice Regarding the Distribution of Retained Earnings

Based on a resolution passed today by its Board of Directors, Lion Corporation announces its decision to raise its year-end distribution of retained earnings with a record date of December 31, 2017, by ¥2 from its original forecast to ¥10 per share. The total annual dividend for fiscal 2017 will therefore be ¥17 per share, including an interim dividend of ¥7 per share.

1. Dividend Details

Determined amount

Most recent dividend forecast (February 10, 2017)

Results for the fiscal year ended December 31, 2016

Record date

December 31, 2017

December 31, 2017

December 31, 2016

Dividends per share

¥10.00

¥8.00

¥8.00

Total dividends

¥2,910 million

¥2,324 million

Effective date

March 1, 2018

March 2, 2017

Source of dividends

Retained earnings

Retained earnings

  • 2. Reason for Change

    In light of the full-year consolidated earnings results for the fiscal year ended December 31, 2017, Lion Corporation raised its year-end dividend by ¥2 per share.

    Reference: Breakdown of annual dividends

    Dividends per share

    Record date

    June 30

    December 31

    Total

    Results for the fiscal year ended December 31, 2017

    ¥7.00

    ¥10.00

    ¥17.00

    Results for the fiscal year ended December 31, 2016

    ¥5.00

    ¥8.00

    ¥13.00

  • 3. Other

    Regarding the per-share dividends for the fiscal year ending December 31, 2018, Lion Corporation forecasts an annual dividend totaling ¥20 per share, comprising an interim dividend of ¥10 per share and a year-end dividend of ¥10 per share.

1

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