Translation

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

May 12, 2021

FUJIMI INCORPORATED

Representative: Keishi Seki, President & CEO

Listings: Tokyo and Nagoya Stock Exchanges (Stock Code: 5384)

Contact: Toshihiro Kawashima, Deputy Senior General Manager, Finance Division.

Phone: +81-52-503-8181

Notice Concerning Dividend Payout (an Increased Dividend)

FUJIMI INCORPORATED hereby announces that its Board of Directors resolved to pay a dividend from the retained earnings for the date of record on March 31, 2021 as set forth below.

Year-End Dividend for Fiscal Year 2021 (April 2020 - March 2021).

Previous Forecast

Results of

Resolved

(Announced on

the Previous Fiscal Year

February 2, 2021)

(FY2020)

Base Date

March 31, 2021

March 31, 2021

March 31, 2020

Dividend per Share

65 Yen

60 Yen

47 Yen

Total Amount of Dividend

1,627 Millions of Yen

-

1,176 Millions of Yen

Effective Date

June 25, 2021

-

June 25, 2020

Source of Dividend

Related Earnings

-

Related Earnings

Explanation

Regarding dividend payments, Fujimi Incorporated has a policy of striving to live up to shareholder's expectations by continuously providing stable dividend payments targeting a consolidated payment ratio of over 50%. In accordance with the dividend policy, for FY2021, Fujimi Incorporated plans to pay a year-end cash dividend of JPY 65 per share, and the annual dividend will be JPY 115 per share including, an interim cash dividend of JPY 50 per share.

This proposal will be made at the 69th annual ordinary general shareholders' meeting to be held on June 24, 2021.

Reference

Dividend per Share

Base Date

End of the Second Quarter

End of the Fourth Quarter

Total Dividend

Results of the Current

50 Yen

65 Yen

115 Yen

Fiscal Year (FY2021)

Results of the Previous

40 Yen

47 Yen

87 Yen

Fiscal Year (FY2020)

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Disclaimer

Fujimi Incorporated published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 13:19:03 UTC.