• Consolidated dividend annual payout ratio target: around 30%
• Factors to be considered to return the profit to shareholders include:
  • capital requirements for investments to raise corporate value,
  • our performance forecast,
  • consolidated and non-consolidated balance sheets.
• The level of the first-half dividend is determined based on consideration of interim performance figures and forecasts for the full fiscal year performance.

Dividend of FY2024

• We paid a dividend of \80 per share at the end of the first half. Regarding the fiscal year-end dividend, it was approved that 80 yen per share of common stock of Nippon Steel be appropriated as proposed at the General Meeting of Shareholders. The effective date of the dividend will be Wednesday, June 25, 2025.
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