Stock and Bond Information

Distribution of Profits

Basic Policy for Profit Distribution

Makita's basic policy on the distribution of profits is to maintain the total return ratio at 35% or greater, with a lower limit on annual cash dividends of 20 yen per share. However, in the event special circumstances arise, computation of the amount of dividends will be based on profit attributable to owners of the parent per share after certain adjustments. Of these, we will consider purchasing of treasury shares in view of stock price level and free cash flow and so on, in order to increase shareholder returns through the implementation of a flexible capital policy and improvement of capital efficiency.
We intend to use retained earnings to invest in environmental initiatives, which will become increasingly important, and to expand our business globally, while maintaining a financial structure that can withstand any changes in the business environment.

Dividends per share

Status of Repurchase, etc. of Treasury Stock Fiscal Year Ended March 31, 2024

(1) Status of repurchase of treasury stock pursuant to resolutions of the general meeting of shareholders

Not applicable

(2) Status of repurchase of treasury stock pursuant to resolutions of the Board of Directors

Category	Number of shares (Shares)	Total value (thousand yen)
Resolution of the Board of Directors (April 27, 2023) (Acquisition period: May 15, 2023 to August31, 2023)	3,100,000 (up to)	10,000,000 (up to)
Treasury stock acquired before the fiscal year	-	-
Treasury stock acquired during the fiscal year	2,532,400	9,999,790
Total number and total value of remaining shares to be acquired by the resolution	567,600	210
Unexercised rate as of the end of the fiscal year (%)	18.3	0.0

(3) Details of repurchase of treasury stock other than pursuant to resolutions of the general meeting of shareholders or resolutions of the Board of Directors

Number of shares (shares)	Total value (thousand yen)
713	2,682

(4) Status of disposal and holding of acquired treasury stock

Category	Number of shares (shares)	Total disposal value (thousand yen)
Repurchased treasury stock offered for subscription	-	-
Repurchased treasury stock cancelled	-	-
Repurchased treasury stock transferred in relation to merger, share exchange, and company split	-	-
Others (Disposal of treasury stock as stock-based compensation with restrictions on stock transfers) (Sale of treasury stock due to request to purchase fractional unit shares)	15,084 82	29,504 160
Number of treasury stock held	10,993,621	-