Dividend Policy and Dividends

Basic Policies for Allocation of Earnings

The dividend policy of the Tokyo Electron ("TEL") is to link dividend payments to business performance on an ongoing basis and maintain a payout ratio of around 50% based on net income attributable to owners of parent but with an annual dividend per share of not less than 10 yen^*1 to assure stable returns to our shareholders. Besides, TEL will review our dividend policy if TEL does not generate net income for two consecutive fiscal years.

TEL will effectively use internal capital reserves to raise corporate value through earnings growth and provide returns directly to shareholders by concentrating investment in high-growth areas and linking dividend payments to business performance and earnings. Besides, we will flexibly consider share buybacks as part of shareholder returns.

(Note1) The amount has been changed from 50 yen due to a stock split on October 1, 2026.

Cash Dividends per Share

Note: The Company implemented a 5-for-1 common stock split on October 1, 2026. Per Share amounts for each fiscal year are calculated on the assumption that stock split was implemented at the beginning of FY2024.

Note: The expected year-end dividend and total dividend amounts for FY2027 are scheduled to be disclosed at the time of the announcement of the full year financial estimates.