May 13, 2021

Menicon Co., Ltd.

President and CEO: Hidenari Tanaka

Securities Code: 7780

TSE, 1st section, NSE, 1st section

Contact:

Motonari Watanabe

Senior Executive Officer,

Corporate Management, CFO

Phone:+81-52-935-1646

Notice Regarding Year-End Dividend of Surplus

for the Fiscal Year Ending March 31, 2021

Menicon Co., Ltd. (the "Company") hereby announces that the meeting of the board of directors held on May 13, 2021 passed a resolution regarding its year-end dividend of surplus for the fiscal year ending March 31, 2021. For details, please refer to the followings.

1. Dividend details

Previous dividend

Determined amount

forecast

Previous period result

(Fiscal year ending March 31,

Announced February 12,

(Fiscal year ending March 31,

2021)

2021

2019)

Record date

March 31, 2021

As to the left

March 31, 2020

35.00 yen

Dividend per

(Ordinary dividend 30.00 yen)

30.00 yen

28.00 yen

share

(Commemorative dividend 5.00

yen)

Total dividend

1,322million yen

1,056 million yen

amount

Effective date

June 25, 2021

June 25, 2020

Dividend

Retained Earnings

Retained Earnings

resource

2. Reason for resolution

The Company works to provide continuously and stably return profits to shareholders, in the form of dividend. Under this policy, the Company calculated the ordinary dividend of 30.00 yen per share based on the business performance of fiscal year ended March 31, 2021.

The Company celebrated its 70th anniversary on February 8, 2021, and would like to express its sincere gratitude to its shareholders and other related parties for their continued support.

Therefore, in order to respond to the daily support of its shareholders, the Company has decided to implement an additional dividend of 5.00 yen per share.

As a result, the annual dividend for the fiscal year ending March 31, 2021 will be 35.00 yen per share.

ReferenceDetails of the annual dividends

Dividend per share

Record

End of the 2nd quarter

Year-end

Total

Dividend for fiscal year

0.00yen

35.00 yen

35.00 yen

ended March 31, 2021

Dividend for fiscal year

0.00yen

28.00 yen

28.00 yen

ended March 31, 2020

End

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Menicon Co. Ltd. published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 08:07:10 UTC.