Obara Incorporated : Revision of Year-end Dividend Forecast

Revision of Year-end Dividend Forecast

YAMATO, Kanagawa, Japan - 31 October 2022 - Obara Group Inc. (TSE Code 6877) today announced the revision of year-end dividend forecast for the fiscal year ending 30 September 2022 as follows.

1. Reason for dividend revision

The basic dividend policy of Obara Group is to continuously and steadily distribute dividends by enhancing the distribution of profit for shareholders as well as retaining the necessary reserves to be used in capital investment and research and development for the future expansion of operations. Considering the financial position of the company and the current progress of sales and earnings forecast disclosed on 12 November 2021 and in accordance with this dividend policy, the board of directors has revised the forecast of the year-end dividend for the fiscal year ending on 30 September 2022 from JPY70.00 per share to JPY90.00 per share.

2. Details of dividend revision

Investor Relations Contact: Seibi Iidaka

IR & Corporate Planning, Obara Group Incorporated +81-46-271-2124

This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English translation and the Japanese original, the Japanese original shall prevail. Obara Group Inc. assumes no responsibility for accuracy, correctness or contents of this English version.

- 1 -