Celsys

The Company recognizes that shareholder returns to the shareholders is an important management issue and will return profits to shareholders through dividends as well as through shareholder benefits.

Dividends

The Company strives for medium- to long-term growth through maintaining stable dividends as principle and ensuring appropriate financial soundness based on a dividend payout ratio of 30% or more.

Dividends

Annual dividends

Fiscal year	Interim	Fiscal year-end	Other
2019	-	1.5 yen
2020	-	2.5 yen
2021	-	3.0 yen
2022	-	8.0 yen
2023	-	12.0 yen
2024	12.0 yen	12.0 yen
2025	12.0 yen	14.0 yen	10 yen (commemorative dividend) (planned)

Acquisition of Treasury Shares

In order to execute flexible capital policy in accordance with the business environment, the Company stipulates in its Articles of Incorporation that it may acquire treasury shares through market transactions and other means upon a resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act.

Acquisition period	Acquisition method	Number of shares acquired	Amount (thousands of yen)
December 23, 2024 to March 13, 2025	Open market purchase	401,300	499,947
November 18, 2024 to December 19, 2024	Open market purchase	363,900	499,875
March 25, 2024 to May 31, 2024	Open market purchase	1,202,700	999,946
November 6, 2023 to November 22, 2023	Open market purchase	619,600	499,975
May 12, 2023 to August 25, 2023	Open market purchase	1,884,600	1,499,960
August 8, 2022 to October 17, 2022	Open market purchase	1,088,400	999,958
August 10, 2021 to August 31, 2021	Open market purchase	220,000	182,420