PENTA-OCEAN CONSTRUCTION CO.,LTD.

The dividend has not been reduced for 4 consecutive years.The forecast annual dividend is JPY 52.0 per share or unit, with a forecast yield of 3.35%.Dividend on equity (DOE) is 7.18%, +3.24 points year over year.

Dividend on equity (DOE) is the annual dividend as a percentage of shareholders’ equity. Because it is less affected by temporary earnings swings, it helps assess the continuity of a company’s shareholder return policy.