Nomura Real Estate : Announcement of Revision of Dividend Forecast

January 27, 2022

1-26-2,Nishi-Shinjuku,Shinjuku-ku, Tokyo Nomura Real Estate Holdings, Inc.

Representative: Eiji Kutsukake, President and Representative Director

(Stock code: 3231, TSE First Section)

Contact: Hidehiro Sasaki, General Manager Corporate Communications Dept.

Tel: [phone]

Announcement of Revision of Dividend Forecast

Nomura Real Estate Holdings, Inc. (the "Company") hereby announced that the Company resolved the revision of the forecast of this fiscal year end dividend as follows, at the meeting of the Board of Directors held on January 27, 2022.

1. Revision of Dividend Forecast

		Dividend per share (yen)
	Second quarter end	Fiscal year end	Total
Previous forecasts	¥42.50	¥42.50	¥85.00
(announced on April 27, 2021)
Revised forecasts	-	¥47.50	¥90.00
Actual results for the fiscal year	¥42.50	-	-
ending March 31, 2022
Actual results for the fiscal year	¥40.00	¥42.50	¥82.50
ended March 31, 2021

2. Reason for the Revision of Dividend Forecast

The Company decided to revise the forecast of this fiscal year end dividend per share to 47.50 yen and the annual dividend per share to 90.00 yen, up 5.00 yen from the previous forecast. This is mainly because the Company considered the revision of the forecasts of the operating results for this fiscal year announced today and the future business environment. As a result, the annual dividend per share for this fiscal year is planned to increase by 7.50 yen from the previous fiscal year actual result of 82.50 yen.