Shareholder Information

Fiscal Year March 1 - February 28 (or February 29 for leap years)
Record Date Last day of February (or last day of August for semi-annual dividends)
Annual Shareholder Meeting May
Share Register Mitsubishi UFJ Trust and Banking Corporation

Custody Services Division
1-1 Nikkocho, Fuchu City, Tokyo
042-204-0303 (Monday through Friday, 9pm - 5pm JST)
Website: www.tr.mufg.jp/daikou/

Postal Mail Address:
Mitsubishi UFJ Trust and Banking Corporation
Custody Services Division
Shin-Tokyo Post Office, PO Box 29, Tokyo 137-8081
Stock Exchange Registration Tokyo Securities Exchange First Section
Securities code: 2337
Corporate Announcements http://www.pronexus.co.jp/koukoku/2337/2337.html

Share Information

FY 12/2 FY 13/2 FY 14/2
Number of share outstanding 2,256,319 2,259,934 499,432,200
Number of shareholders 45,774 18,854 19,666
Annual dividend per share - 200yen 1.1yen
Dividend payout ratio (vs consolidated earnings) - 27.3% 11.2%
FY 15/2 FY 16/2 FY 17/2
Number of share outstanding 500,804,600 502,523,100 503,712,300
Number of shareholders 40,605 36,024 38,651
Annual dividend per share 1.3yen 3yen 5yen
Dividend payout ratio (vs consolidated earnings) 9.6% 11.6% 16.9%
FY 18/2
Number of share outstanding 504,484,200
Number of shareholders 25,578
Annual dividend per share 6yen
Dividend payout ratio (vs consolidated earnings) 21.3%

(Note) On September 1, 2013, Ichigo split each of its shares into 200 shares.

Major Shareholders
(as of August 2018)

Name Ratio
1 Ichigo Trust 49.77%
2 BNYM SA/NV FOR BNYM FOR BNY GCM CLIENT ACCOUNTS M LSCB RD 4.08%
3 Japan Trustee Services Bank, Ltd. (Trust Account) 2.62%
4 CHASE MANHATTAN BANK GTS CLIENTS ACCOUNT ESCROW 2.51%
5 The Master Trust Bank of Japan, Ltd. (Trust Account) 2.08%
6 SGSS NANTES/UCIT V/NRA 1.46%
7 STATE STREET BANK AND TRUST COMPANY 505223 1.40%
8 Japan Trustee Services Bank, Ltd. (Trust Account 5) 1.10%
9 SSBTC CLIENT OMNIBUS ACCOUNT 1.07%
10 GOVERNMENT OF NORWAY-CFD 1.01%
(Note)
The percentage in the above table is calculated excluding treasury shares (8,686,500 shares).

Dividend

Shareholder Return Policy

Ichigo views distributions to its shareholders via dividends one of its most important management priorities.

Ichigo's Board of Directors adopted on April 19, 2016 a progressive dividend policy. This policy underscores Ichigo's commitment to driving continued organic earnings and dividend growth for its shareholders. Under a progressive dividend policy, the previous year's dividend becomes the floor for the current year's dividend. The dividend will be raised (or kept flat) but not cut, providing shareholders downside dividend protection. In addition to this progressive dividend policy, Ichigo is newly setting a minimum DOE (dividend on equity) payout ratio of >3 %. In contrast to a "dividend payout ratio policy," which calculates dividends based upon annual earnings which can be highly volatile, a DOE policy paying dividends based upon more stable shareholder equity is by its very nature more stable. Ichigo believes that the combination of a progressive dividend and a DOE-based payout policy will significantly increase the security, certainty, and visibility of its dividend to the benefit of Ichigo's shareholders.

Dividend for FY19/2

FY19/2 Dividend (Forecast)
7 yen

Dividend for FY18/2


Dividend: 6 yen per share
Dividend Payout: From May 28, 2018

*Dividend is paid to shareholders of record on February 28, 2018.
*Dividend payment documents are distributed on May 28, 2018.

For More Information on Dividend Payment

Please contact Ichigo's share registrar:

Ichigo's Share Registrar Mitsubishi UFJ Trust and Banking Corporation
Custody Service Division, Telephone Center
Tokyo: 0120-232-711 (Monday - Friday, 9am - 5pm JST)
Website: http://www.tr.mufg.jp/daikou/

Annual Shareholder Meeting

Materials for the Eighteenth Annual Shareholder Meeting
Additional Accounting Notes for the Eighteenth Annual Shareholder Meeting
Eighteenth Annual Shareholder Meeting Report