Kyoto Financial Group,Inc.

The dividend has not been reduced for 2 consecutive years.The forecast annual dividend is JPY 105.0 per share or unit, with a forecast yield of 2.18%.Dividend on equity (DOE) is 4.66%, +3.08 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.