Announcement of Interim Dividend from Retained Earnings

YAMATO, Kanagawa, Japan - 24 April 2023 - Obara Group (TSE Code 6877) today announced the payment of the dividend from retained earnings (interim dividend for fiscal year 2023) with 31 March 2023 as the reference date based on the resolution by the Board of Directors' Meeting held on 24 April 2023 as follows.

1. Details of dividend

Resolution

Previous Announcement

FY2022 Actual

(11 November 2022)

(Interim Dividend)

Reference Date

31 March 2023

Same as left

31 March 2022

Dividend per Share

JPY60

JPY40

JPY40

Total Dividend

JPY943 million

JPY628 million

Effective Date

5 June 2023

6 June 2022

Source

Retained Earnings

Retained Earnings

2. Reasons for dividend amount resolution

Obara Group's shareholder reward policy is to make profit distribution in a continuous and stable manner paying careful consideration to its performance and business environment as well as the measures for strengthening its financial structure in the long term. With regard to the interim dividend for the fiscal year ending at the end of September 2023, the company has decided to pay JPY60 per share through its consideration of the above.

Note: Details of annual dividend

Dividend per Share

Reference Date

End of Q2

End of FY

Annual Total

FY2023 Forecast

JPY90

JPY150

FY2023 Actual

JPY60

FY2022 Actual

JPY40

JPY90

JPY130

Investor Relations Contact: Seibi Iidaka

IR & Corporate Planning Obara Group Inc.

+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.

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Obara Group Inc. published this content on 24 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 April 2023 08:16:03 UTC.