THE FIRST BANK OF TOYAMA,LTD.

The dividend has not been reduced for 5 consecutive years.The forecast annual dividend is JPY 75.0 per share or unit, with a forecast yield of 2.19%.Dividend on equity (DOE) is 3.03%, +1.59 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.