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Principal Shareholders
  Annual Dividends per Share
(Yen)
Dividend
payout ratio
(%)
Semi-annual Year End Total
For the year ended
February 29,2012
4.25 4.25 8.50 63.9
For the year ended
February 28,2013
4.25 4.25 8.50 25.1
For the year ended
February 29,2014
4.25 4.25 8.50 24.3
For the year ended
February 28,2015
5.00 5.00 10.00 35.6
For the year ended
February 28,2016
5.00 5.00 10.00 46.5
For the year ended
February 28,2017(forecast)
5.00 5.00 10.00 35.6
Note: The Company executed a two-for-one stock split effective on March 1, 2006.

*The above forecast is based on assumptions and plans determined by management on the basis of data available at the present time. Furthermore, the above forecast is subject to a number of risks and uncertainties. Therefore, it is generally warned that the actual result should differ from those in above forecast statement as a result of various facts.