April 10, 2024

Company name:

Arisawa Mfg. Co., Ltd.

Name of representative:

Yuta Arisawa, Representative

Director and CEO

(Securities code: 5208; TSE Prime

Market)

Inquiries:

Takeshi Masuda, Director and

Senior Managing Operating Officer

(Telephone: +81-25-524-7101)

Notice Concerning Revision of Dividend Forecasts for the Fiscal Year Ending March 31, 2024

(Dividend Increase)

Arisawa Mfg. Co., Ltd. (the "Company") hereby announces that it has decided, at a meeting of the Board of Directors held on April 10 2024, to revise its per-share dividend forecasts as described below.

1. Reason for the revision to dividend forecast

The Company regards the redistribution of profits to shareholders as one of its important management issues and has actively returned its profits to shareholders while investing funds in maintaining and expanding the revenue base of existing businesses and developing new applications. Based on this policy, the Company has revised the year-end dividend for the fiscal year ending March 31, 2024 to 40 yen per share, an increase of 15 yen from the previous forecast of 25 yen per share, taking into account the extraordinary gains from the sale of cross-shareholdings and other assets as well as its financial position.

2.

Details of revision

Annual dividends

Second quarter-end

Fiscal-year end

Total

Previous forecast

25.00 yen

45.00 yen

(Announced on May 12, 2023)

Revised forecast

40.00 yen

60.00 yen

Actual results for the

20.00 yen

current fiscal year

Actual results for the

previous fiscal year

0.00 yen

90.00 yen

90.00 yen

(Fiscal year ended March

31, 2023)

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Arisawa Mfg Co. Ltd. published this content on 16 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 April 2024 08:08:04 UTC.