Shareholder Returns

To create shareholder value and return to shareholders, we determine dividends based on careful consideration of investment, financial structure, and dividend stability. Our dividend policy is as set forth in Articles 48, 49, and 51 of the Articles of Incorporation. The dividend policy will be continuously adjusted and redefined with the aim of achieving the optimal balance between rewarding shareholders and retaining earnings for growth, based on comprehensive analyses of several crucial factors, such as Hanatour’s future prospects, current financial health and long-term vision.