INVESTOR RELATIONS

Shareholder Returns

The Company pays continuous dividends and provides a shareholder benefit system with the aim of encouraging even more people to hold the Company’s shares over the long term by expressing its gratitude to shareholders for their constant support and making the Company’s shares a more attractive investment.
The Company’s policy on share repurchases is to conduct them flexibly, giving comprehensive consideration to factors such as the market environment, the status of its stock price, and stock liquidity.

Dividend Information

1.Policy

The Company recognizes the return of profits to shareholders as an important management priority and has decided to pay an annual dividend every year from the fiscal year ending July 31, 2023 onward.
With a basic policy of conducting continuous and stable dividend payments, in principle the Company aims to maintain a dividend payout ratio of around 30%. The Company will continue to position internal reserves as a source of the Group’s growth, and to invest continuously in businesses with the aim of further increasing the return of profits to shareholders.

2.Record Date for Dividends

	Interim dividend	Year-end dividend
Record Date	January 31	July 31
Starting date of dividend payments	Mid April	Mid October

3.Dividend Trend (per share)

Shareholder Benefits

1.Eligible Shareholders

Shareholders registered or recorded in the shareholder registry as of July 31 each year and holding at least one unit (100 shares) of the Company’s stock are eligible.

2.Details of Benefits

The Company operates a shareholder benefits plan that delivers the Group’s products to shareholders according to the number of shares held with the aim of furthering shareholders’ understanding of the Group’s products and businesses.

Shareholder benefit items in the fiscal year ended July 31, 2023

Number of shares held	Benefit items	Equivalent value
100-499 shares	We will send one product selected from the following options Ⓐ through Ⓓ, chosen by us.	3,000 yen
	Ⓐ HALCA Cleansing Water 【Cleansing】200 mL
	Ⓑ HALCA Creamy Wash 【Washing Foam】90 g
	Ⓒ HALCA Essential Lotion 【Lotion】150 mL
	Ⓓ HALCA Gel Cream 【Moisturizing Cream】40 g
500-999 shares	We will send the following two products: Ⓔ and Ⓕ.	10,000 yen
	Ⓔ AXXZIA Beauty Eyes Essence Sheet Plus 【Eye Sheet】60 sheets
	Ⓕ LisBlanc Face Mask 【Sheet Mask】7 sheets
1,000 shares or more	We will send the following two products: Ⓖ and Ⓗ.	17,000 yen
	Ⓖ AXXZIA Beauty Eyes Essence Sheet Premium Plus 【Eye Sheet】60 sheets
	Ⓗ Venus Recipe The White Drink 【Beauty Drink】450 mL (30 mL × 15 bottles)