SG : Notice Concerning Dividend of Surplus

May 20, 2021

NEWS RELEASE

Company name:	SG Holdings Co., Ltd.
Representative:	Hideo Araki, President and COO
	(Code number: 9143 TSE 1st Section)
Inquiries:	Shunichi Nakajima, Director
	(Finance and Accounting)
	(TEL [phone])

Notice Concerning Dividend of Surplus

SG Holdings Co., Ltd. (the "Company") hereby announces that the Board of Directors resolved at a meeting held on May 20, 2021 to pay dividends from surplus and appropriate surplus with the record date of March 31, 2021, as detailed below.

1. Details of dividends

			Most recent dividend	Previous result
	Item resolved		forecast	(Dividend for the fiscal
		(announced April 30,	year ended March 31,
		2021)	2020)
Record date	March 31, 2021		March 31, 2021	March 31, 2020
Dividend per share	17.00 yen		17.00 yen	22.00 yen
Total amount of	10,798 million yen			6,987 million yen
dividends
Effective date	June 7, 2021			June 5, 2020
Source of dividends	Retained earnings			Retained earnings

• The Company conducted a split of the shares of its common stock on a 2-for-1 basis effective November 1, 2020. Actual dividends at the end of the previous fiscal year are the amounts prior to the stock split.

2. Reasons

The Company's basic policy on profit distribution is to maintain stable dividend payments, with a target

consolidated payout ratio of 30%, while securing sufficient retained earnings for future business expansion and strengthening of the management structure.

In light of the above basic policy, the Company set the year-end dividend for the fiscal year ended March 31, 2021 at 17 yen per share.

(Reference) Breakdown of annual dividend

		Dividend per share (yen)
	Second quarter end	Fiscal year end		Total
Current year result	36.00 yen	17.00 yen		-
(On pre-stock split basis)	(34.00 yen)		(70.00 yen)
Previous year result	22.00 yen	22.00 yen		44.00 yen

• The Company conducted a split of the shares of its common stock on a 2-for-1 basis effective November 1, 2020. Actual dividends at the end of the second quarter of the current fiscal year, and for the previous fiscal year are the amounts prior to the stock split.
• The total result for the current fiscal year is indicated as "-" because a simple calculation cannot be performed due to the execution of the stock split. The figures in parentheses calculated based on the amounts prior to the stock split are provided as a reference.
• Dividends at the end of the second quarter of the current fiscal year include a special dividend of 10.00 yen.