JYP Entertainment has maintained a dividend payout ratio of 16% to 18% based on consolidated net income since FY2018, in line with its core principle of enhancing shareholder value, while taking into account factors such as capital structure, business environment, and investment. We are planning to build a new headquarter to strengthen the foundation for future growth, including artist development and business enhancement. Accordingly, we outline the dividend policy for the next three years taking into account CAPEX investment.[Dividend Policy for FY2023~FY2025]
Maintain dividend payout ratio of 15%~20% based on annual consolidated net incomeThe company plans to announce a new dividend policy after FY2025, considering the CAPEX for our new HQ construction. We will maintain our commitment to enhancing shareholder returns and increasing shareholder value through a stable and transparent dividend policy.