Vision Inc. announced that it has resolved at the Board of Directors Meeting held on April 23, 2024 to distribute dividends from surplus with record dates of June 30 and December 31, 2024, in accordance with the change in its basic dividend policy from fiscal year 2024. The company revised dividend guidance for the end of second quarter and fiscal year 2024. For the end of second quarter, the company expects to pay dividend of JPY 11.00 per share compared to previous forecast of JPY 0.00 per share.

For the fiscal year 2024, the company expects to pay dividend of JPY 14.00 per share compared to previous forecast of JPY 0.00 per share. Reason: At the 23rd Ordinary General Meeting of Shareholders held on March 28, 2024, the partial amendment to the Articles of Incorporation was approved as proposed, and the Company had announced the amendment to its policy regarding the determination of dividends from surplus, etc. Specifically, the Company has amended the Articles of Incorporation to enable the Board of Directors resolution to distribute dividends from surplus, etc. Its basic policy is to provide a stable and continuous return of profits to the shareholders, taking into consideration the business environment surrounding the
Group, while securing the necessary internal reserves to strengthen the financial position and expand the business. In the previous fiscal year (fiscal year 2023), there has been a high recovery trend in travel demand, especially inbound travel, since the abolition of border measures. As a result, net sales exceeded JPY 30 billion and operating profit reached a record high. For the current fiscal year (fiscal year 2024), based on its strong performance in the previous fiscal year, the Company has determined that the financial base and environment are in place to enable it to return profits to
the shareholders while investing for future growth. Accordingly, it plans to pay an interim dividend of JPY 11 per share, the initial dividend since its founding.