Takamatsu Construction : Notice concerning Dividend

May 12, 2021

Company	Takamatsu Construction Group Co., Ltd
Representative	Hirotaka Takamatsu, President and Representative Director
of the Board
Stock code:	1762
Contact	Masahiro Shimabayashi, Senior Director, Group Integration
Division

Notice concerning Dividend

At the Directors of the Board Meeting held today, the Company resolved to distribute the following year end dividend for the fiscal year that ended March 31, 2021.

１．Dividend payment details

		Latest dividend forecast	Previous term results
	Resolved Amount	（Fiscal year ended
	（May 27, 2020）
		March 31, 2020）
Reference date	March 31, 2021	March 31, 2021	March 31, 2020
Year-end dividend per share	40.00 yen	40.00 yen	40.00yen
(ordinary dividend:40.00 yen)	(ordinary dividend:40.00 yen)	(ordinary dividend:40.00 yen)
Total year-end dividend	1,392 million yen	－	1,392 million yen
Effective date	June 24, 2021	－	June 25, 2020
Dividend resource	Retained earnings	－	Retained earnings

２．Reason

Distributing earnings to shareholders is one of our highest priorities. We will pursuit disciplined capital policy by seeking the optimized balance between strengthening management basis towards eternal growth of the Group and the steady distribution of profits to our shareholders. Our basic policy is to maintain stable dividend payments to improve shareholder distribution while retained earnings will be used effectively from a medium to long term perspective with the primary objective to strengthen our management structure and to build a sound base for future operations.

For the fiscal year ended March 2021, we declare an annual dividend of 63 yen per share, which is the same amount as our announcement at the beginning of the year, with the dividend payout ratio of 29.4%.

（Reference）Breakdown of annual dividend

		Dividend per share
Reference date	End of 2Q	End of FY	Annual
Results for the current fiscal		40.00 yen	63.00 yen
year (fiscal year ended March	23.00 yen
(ordinary dividend:40.00 yen)	(ordinary dividend:63.00 yen)
31,2021)
Results for the previous fiscal		40.00 yen	63.00 yen
year (fiscal year ended March	23.00 yen
(ordinary dividend:40.00 yen)	(ordinary dividend:63.00 yen)
31, 2020)