Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

May 25, 2021

To Whom It May Concern:

Company: Topcon Corporation

Representative: President, Satoshi Hirano

(Code No.: 7732

1st section of the Tokyo Stock Exchange) Inquiry: Director & Managing Executive Officer, Haruhiko Akiyama

Accounting & Finance Division (TEL: 03-3558-2536)

Notice regarding dividend of surplus

TOPCON CORPORATION (hereafter "the Company") hereby announces that the Company has decided the Company's year-end dividend for FY2020 ended March 31, 2021 at the meeting of its board of directors held on May 25,2021 as described below.

1. Details of dividend

Dividend for the year

Previous forecast

Previous fiscal year

(Announced on

ended March 31, 2021

results

May 11, 2021)

Date of record

March 31, 2021

Same as on the left

March 31, 2020

Dividend per share

10 yen

Same as on the left

10 yen

Total dividend amount

1,051 million yen

1,051 million yen

Effective date

June 8, 2021

June 24, 2020

Source of dividend

Retained earnings

Retained earnings

2. Reason

The Company emphasizes dividends for shareholder returns, and outlines continued distribution of stable dividends as our basic policy mainly corresponding to growth in [consolidated] earnings.

For FY2020, the Company announced the dividend forecast of 5 yen per share as year-end dividend in the "Consolidated Financial Results for the Third Quarter of FY2020 Ending March 2021" on January 29, 2021, however, as the Company announced in "Notice regarding differences between consolidated financial forecast and result, and revision of dividend forecast" on May 11, 2021, the Company achieved higher earnings than the previously announced forecast. In light of the basic policy regarding the distribution of profits to shareholders, the Company determined a year-end dividend of 10 yen per share.

(Reference) Breakdown of full fiscal year dividend

Dividend per share

Interim dividend

Year-end dividend

Total

FY2020 ended March 2021

0 yen

10 yen

10 yen

FY2019 ended March 2020

14 yen

10 yen

24 yen

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Topcon Corporation published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 06:02:03 UTC.