Onward Holdings Co., Ltd. provide revised forecast for dividend of JPY 16.00 per share for the year ended February 28, 2024 against JPY 14.00 per share than previous forecast. The Company regards the return of profits to shareholders as one of its most important management issues, and its dividend policy is to maintain the dividend payout ratio of at least 35% and to distribute profits in a stable, performance-linked, and appropriate
manner. As for the dividend forecasts for the fiscal year ending February 2024, the Company had planned to pay a dividend of JPY 14 per share, an increase of JPY 2 from the previous fiscal year, in line with its policy of strengthening shareholder returns.