May 10, 2024(Translation)
Dear all,Name of Company:
Name of Representative:

SEGA SAMMY HOLDINGS INC.
Haruki Satomi,
President and Group CEO,
Representative Director(Code No. 6460, Tokyo Stock Exchange Prime)
Further Inquiry:

Makoto Takahashi,
Executive Vice President,
Executive Officer,
Managing Director of
Corporate Planning Division(TEL: 03-6864-2400)

Notice of Determination of Dividends from Retained Earnings and Acquisition of Treasury Stock(Acquisition of Treasury Stock Based on Articles of Incorporation
Pursuant to Article 165 Paragraph 2 of the Companies Act of Japan)
SEGA SAMMY HOLDINGS INC. (the Company) hereby notifies that it has decided the dividends
from retained earnings (year-end dividends) and the matter related to the acquisition of treasury
stocks at Board of Directors meeting today as described below.
1. Dividends from Retained Earnings (year-end dividends)
1)

Details of year-end dividends for the fiscal year ended March, 2024
Most recent dividend
forecast
Determined amount(Announced on Apr. 28,2023)
Record date
March 31, 2024
Same as left
Cash dividends
27.00 yen
24.00 yen
per share
Total dividend
5,832 million yen
amountEffective dateJune 5, 2024
Dividend Source
Retained earnings-2)

Results for previous
fiscal year
(Fiscal year endedMarch, 2023)
March 31, 2023
39.00 yen
8,609 million yen
June 2, 2023
Retained earnings

Reasons for dividends
With the return policy described below, for the dividends from retained earnings for the fiscal
year ended March 2024, we have paid the interim dividends for 23 yen per share and wedetermined the year-end dividend for 27 yen per share, an increase of 4 yen from interim
dividends.

3)

About shareholder return policy
We set DOE (Dividend on equity ratio) 3% or more, or the total return ratio of 50% or more,whichever is higher as the basis for shareholder return and return through dividends or sharebuybacks. In accordance with this policy, we have decided to pay annual dividend of 50 yen (ofwhich, 23 yen for interim and 27 yen for year-end), and in addition, we have decided to acquire
our treasury stocks with the upper limit of 10.0 billion yen for the fiscal year ended March 2024.
As a result, total shareholder returns were approximately 20.9 billion yen (breakdown:approximately 10.9 billion yen for dividends and the upper limit of 10.0 billion yen for acquisitionof treasury stocks) and a total return ratio was approximately 63.3% for the fiscal year ended
March 2024.
Since the initial dividend forecast is provisionally calculated based on a DOE 3%, the annual
dividend forecast for the fiscal year ending March 2025 is expected to be 50 yen (of which, 25yen for interim and 25 yen for year-end) which is expected to result in shareholder returnamounts of approximate 10.7 billion yen.
For reference, if return will be calculated with total return ratio of 50%, as the net income
attributable to owners of parent in the operating results forecast for the fiscal year ending March
31 2025 announced today is 39.0 billion yen, the return amount in this case would beapproximately 19.5 billion yen.
*The actual amount of shareholder returns, and the method of return may change depending on
the progress of business performance and other factors.

2.

Acquisition of Treasury Stock (Acquisition of Treasury Stock Based on Articles ofIncorporation Pursuant to Article 165 Paragraph 2 of the Companies Act of Japan)
At the Board of Directors meeting today, the Company has resolved the matter related tothe acquisition of treasury stocks, pursuant to the provisions of Article 156 of the Companies
Act of Japan as applied by replacing the provisions stipulated in Article 165 Paragraph 3 ofthe same law.

1)

Reasons for the acquisition of treasury stock
We have cleared our way for future improvements in profitability in the Consumer area byaddressing management issues centered on our Europe studios by implementing structuralreform, in the fiscal year ended March 2024. In pursuing initiatives for further growth andenhancement of corporate value under our new medium-term plan “WELCOME TO THE NEXTLEVEL!” announced today, we have decided to acquire our treasury stock, taking into
consideration of overall factors including the future business growth on the premise of the newmedium-term plan and the recent stock price level of the Company.

2)
Details of the acquisition of treasury stock(1） Type of shares to be acquired:(2） Total number of shares to be acquired:(3） Total cost of acquisition:(4） Acquisition period:(5） Acquisition method:

Common shares
7 million shares (upper limit)
Ratio to total number of shares outstanding(excluding treasury stocks): 3.24%
10.0 billion yen (upper limit)
From May 13, 2024 to March 31, 2025
Market purchase on the Tokyo Stock Exchange(Reference) Break down of annual shareholder return amounts
Record date
Results for
FY2024/3
Results for
FY2023/3(billion yen)

Total
dividends

Amount forshare buyback

Amount ofshareholder
returns

10.91

10.00

20.91

63.3%

13.02

9.9923.02

50.1%

Total returnratio

Number of treasury stocks held as of March 31, 2024
Total number of shares outstanding (excluding treasury stocks): 216,014,688 shares
Total number of treasury stocks: 25,214,788 shares- END -