October 20, 2021

To whom it may concern

Company name: Okamura Corporation

Representative: Masayuki Nakamura Representative Director,

President and Chief Executive Officer (Code: 7994, Listing: First Sections of Tokyo Stock Exchange)

Contact:

Sakae Fukuda,

Director and Executive Officer, CFO

TEL:

+81-(0)45-319-3445

Announcement of Dividends from Surplus

The Company hereby announce that the Board of Directors, at its board meeting held on October 20, 2021, resolved to pay a dividend to shareholders of record as of September 30, 2021, as detailed below.

1. Details of dividend

Amount of dividend determined

Most recent dividend forecast

Dividend paid for the previous year

to be paid for fiscal year 2022

(announced on May 12, 2021)

(fiscal year ended March 2021)

Record date

September 30, 2021

September 30, 2021

September 30, 2020

Dividend

20.00 yen

20.00 yen

12.00 yen

per share

Total amount

1,983 million yen

1,323 million yen

of dividend

Effective date

December 10, 2021

December 10, 2020

Source

Retained earnings

Retained earnings

of dividend

2. Reason for dividend payments

With regard to the interim dividend, we paid 20.00 yen per share by taking into account the earnings forecast, the dividend payout ratio, and other factors.

Reference: The dividend forecast is as follows.

Dividend per share (yen)

Record date

Interim dividend

Year-end dividend

Total

Dividend forecast

20.00 yen

40.00 yen

Actual performance in current year

20.00 yen

Dividend paid for the previous year

12.00 yen

20.00 yen

32.00 yen

(fiscal year ended March 2021)

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Disclaimer

Okamura Corporation published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2021 05:11:04 UTC.