Policy on Shareholder Returns

TAIYO YUDEN CO., LTD. (“the Company”) has set “Responsibility to provide returns to shareholders” as part of itsmanagement philosophy and believes that dividends come first in returning profits to shareholders. The Company seeks toincrease corporate value driven by both economic value and social value and has adopted a basic policy of working to steadilyincrease dividends by increasing profit per share. Previously, the target was to achieve a dividend payout ratio of 30%. However,in order to further clarify the policy of providing stable dividends, the Company has now added a dividend on equity (DOE) ratioof 3.5% as a shareholder return indicator. The company will return profits through dividends, based on a comprehensiveconsideration of these indicators, business performance, and maintenance of a sound financial position.The Company also regards Acquiring treasury stock as a way of returning profit to shareholders, which it will carry outwith the aim of improving capital efficiency as necessary.
The Company plans a year-end dividend of 45 yen per share for the fiscal year ended March 31, 2025, which, togetherwith the interim dividend, gives an annual dividend of 90 yen, a dividend payout ratio of 482.1%, and a dividend on equity(DOE) ratio of 3.5%. Furthermore, the Company plans an annual dividend of 90 yen per share (interim dividend: 45 yen, yearenddividend: 45 yen) for the fiscal year ending March 31, 2026.

Dividends