Notice Regarding Revision of Dividend Forecast

January 31, 2024

SMS Co., Ltd. (the “Company”) hereby announces that, on January 31, 2024, its Board of Directors has resolved to amend the dividend forecast for the fiscal year ending March 31, 2024 (the “Fiscal 2023”), as follows.

1.Reason for Revision of Forecast

The Company’s basic policy is to place the priority on growth investments, while taking the financial conditions into account when determining dividend payouts to its shareholders.
Based on this policy, the Company has decided to return profits to shareholders in the form of dividends for this fiscal year.
The year-end cash dividend per share for the Fiscal 2023 is projected to be increased by 5.00 yen compared with the previous fiscal year to 20.00 yen.

2.Details of Dividend Revision

Dividend per share (JPY)
End of Q1 End of Q2 End of Q3 Year-End Total
Previous forecast
Revised forecast 20.00 20.00
Paid to date 0.00
Actual dividend for FY2022 0.00 15.00 15.00

Notice Regarding Revision of Dividend Forecast