THK Notice Regarding Dividends of Surplus

Release Time：14 Nov,2017

THK CO., LTD. hereby announces that the following distribution of dividends was resolved at the Board of Directors meeting held on November 13, 2017. The record date of the dividend is September 30, 2017. 1, Details of dividends <a href="http://www.bearing.com.cn/RecommendedCompany/20171114084457.png" style="text-align:center; display:block;"><img src="http://www.bearing.com.cn/RecommendedCompany/20171114084457.png" /></a> 2, Reasons Our dividend policy places importance on stable and continuous distribution based on midterm operating results that reflects the changes in external operating environment. In accordance with this policy, we have decided to pay an interim dividend of &#165;36, considering the forecasts for the year ending December 31, 2017.The projected amount of the year-end dividend is &#165;20 per share. The actual dividends for the second quarter ended September 30, 2016 and year ended March 31, 2017 were &#165;16 and &#165;25, respectively. (For reference) Outline of annual dividends. <a href="http://www.bearing.com.cn/RecommendedCompany/20171114084658.png" style="text-align:center; display:block;"><img src="http://www.bearing.com.cn/RecommendedCompany/20171114084658.png" /></a> Since THK changed its closing date from March 31 to December 31,the scheduled starting date of the yea-end dividend payment is late March 2018.