Dividend Distribution Policy   Dividend Distribution Period   How to Receive a Dividend    Projected Dividend   Dividend Transition

Our basic dividend distribution policy is to continue to distribute a constant dividend by ensuring the sound operation of the Group as a whole and the future improvement in equity value for our shareholders. This will be accomplished by constantly reviewing overall business results and maintaining sufficient reserves.

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• Year-end dividend: In accordance with the resolution passed at the general meeting of shareholders, we will distribute the year-end dividend amount to shareholders or pledgees registered or recorded on the shareholders list or to fractional shareholders who are registered or recorded on the fractional shares list as of March 31. ( Distribution is expected around the end of June.)   • Interim dividend: In accordance with the resolution of the Board of Director's meeting, we will distribute the interim dividend amount to shareholders or pledgees registered or recorded on the shareholders list or to fractional shareholders who are registered or recorded on the fractional shares list as of September 30. ( Distribution is expected around the beginning of December.)

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• Receipt through Bank Transfer Please fill in the form "Dividend Transfer Designation Request" that is provided at certain financial institutions or Chuo Mitsui Trust and Banking Company, Limited and put your seal on it. Please see for procedure details — Chuo Mitsui Trust and Banking Company, Limited website (only in Japanese)   • Receipt through Postal Transfer If you do not specify the bank transfer, we will send you a "Postal Transfer Payment Remittance Note," which you can redeem at your nearest post office. In case you have missed the payment receipt period due described on the "Postal Transfer Payment Remittance Note" or you have lost the "Postal Transfer Payment Remittance Note" — Please go to the Chuo Mitsui Trust and Banking Company, Limited website (only in Japanese)

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The projected dividend for the fiscal year ending in March 2009, (the 9th fiscal year) is as follows:

Projected as of April 28, 2008 Interim dividend Year-end dividend Total Dividends per share 4,000 yen 4,000 yen 8,000 yen

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Fiscal year Cash dividends paid per share (yen) Interim accounting period End of the accounting period Full fiscal Year 8th 2007.4.1 - 2008.3.31 4,000 4,000 8,000 7th 2006.4.1 - 2007.3.31 4,000 4,000 8,000 6th 2005.4.1 - 2006.3.31 4,000 4,000 8,000 5th 2004.4.1 - 2005.3.31 4,000 4,000 8,000 4th 2003.4.1 - 2004.3.31 4,000 4,000 8,000 Third 2002.4.1 - 2003.3.31 0 8,000 8,000 Second 2001.10.1 - 2002.3.31 — 4,000 8,000 First 2001.3.30 - 2001.9.30 — 4,000

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