True to nature,the flavor of KAGOME

Japanese

Distribution of Profits

Policy for Earnings Distributions

The Company recognizes that returning profits to shareholders is a critical task of management.
The Company’s shareholder return policy calls for a total return ratio of 40% based on consolidated performance metrics during the
four-year Mid-Term Management Plan which spanned from 2022 to 2025. It also stated that the Company was to provide a stable annual cash dividend of at least 38 yen per share.
The Company will offer a dividend of 41 yen per share for the fiscal year under review in response to strong financial performance.
The Company plans to pay a dividend of 52 yen per share for the fiscal year ending December 31, 2024, which consists of a commemorative dividend of 10 yen per share added to the ordinary dividend of 42 yen per share, in light of the significant expansion of the Company’s business in the milestone year of its 125th anniversary.

Dividend per share

2020/12

2021/12

2022/12

2023/12

2024/12

Interim

-

-

-

-

-

Year end

36.00

37.00

38.00

41.00

52.00
(Forecasts)

Full year

36.00

37.00

38.00

41.00

52.00
(Forecasts)

The 2024 year-end dividend(Forecasts) is the sum of an ordinary dividend of 42 yen and a commemorative dividend of 10 yen.

Payout ratio

2020/12

2021/12

2022/12

2023/12

2024/12

Payout ratio

43.0

33.8

36.2

33.8

24.9
(Forecasts)

Shareholder Benefits

Starting in 2019, qualified shareholders who have owned Kagome shares continuously for at least six months receive a collection of Kagome products once every year.
Click here for more information about shareholder benefits.

Purchases of treasury shares in 2023

(1) Purchases authorized by shareholder resolutions

None

(2) Purchases authorized by Board of Directors resolutions

None

(3) Purchases for other reasons

Number of shares

Value (million yen)

835

2

(4) Use of treasury shares and ownership of treasury shares

Number of shares

Value (million yen)

Stock sold/distributed to
third parties

-

-

Stock canceled

-

-

Stock involving mergers,
exchanges of shares and divestitures

-

-

Others
(exercise of stock options)

51,099

60

Treasury shares held

8,122,241

-