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REG - Mitsubishi Elect. - Dividend Declaration

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RNS Number : 7422M  Mitsubishi Electric Corporation  25 May 2022

 

 

 

 FOR IMMEDIATE RELEASE                                 No. 3521

 Investor Relations Inquiries                          Media Inquiries
                                                       Takeyoshi Komatsu
 Investor Relations Group, Corporate Finance Division  Public Relations Division
 Mitsubishi Electric Corporation                       Mitsubishi Electric Corporation
                                                       Tel: +81-3-3218-2346
 Cad.Irg@rk.MitsubishiElectric.co.jp                   prd.gnews@nk.MitsubishiElectric.co.jp
                                                       (mailto:prd.gnews@nk.MitsubishiElectric.co.jp)
                                                       www.MitsubishiElectric.com/news/

 

Mitsubishi Electric Announces Decision on Dividend for Fiscal 2022

(April 1, 2021 - March 31, 2022)

 

TOKYO, May 25, 2022 - Mitsubishi Electric Corporation
(http://www.mitsubishielectric.com/) (TOKYO: 6503) announced today that the
Board of Directors decided the year-end dividend , as of the record date of
March 31, 2022, with due consideration on performance and financial standing
in the fiscal year ended March 31, 2022 (fiscal 2022).

 

Year-end dividend

                            Items Decided       Previous Dividend Forecast (April 28, 2022)  Previous Year's Dividend (Fiscal 2021)
 Record date                March 31, 2022      March 31, 2022                               March 31, 2021
 Dividend per share         26 yen              26 yen                                       26 yen
 Total amount of dividends  54,940 million yen  -                                            55,816 million yen
 Effective date             June 2, 2022        -                                            June 2, 2021
 Dividend resource          Retained earnings   -                                            Retained earnings

 

Reference: Annual dividend

 Dividend per share    Interim dividend  Year-end dividend  Annual dividend
 Fiscal 2022 (actual)  14 yen            26 yen             40 yen
 Fiscal 2021 (actual)  10 yen            26 yen             36 yen

 

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About Mitsubishi Electric Corporation

With more than 100 years of experience in providing reliable, high-quality
products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world
leader in the manufacture, marketing and sales of electrical and electronic
equipment used in information processing and communications, space development
and satellite communications, consumer electronics, industrial technology,
energy, transportation and building equipment. Mitsubishi Electric enriches
society with technology in the spirit of its "Changes for the Better." The
company recorded a revenue of 4,476.7 billion yen (U.S.$ 36.7 billion*) in the
fiscal year ended March 31, 2022. For more information, please visit
www.MitsubishiElectric.com

*U.S. dollar amounts are translated from yen at the rate of \122=U.S.$1, the
approximate rate on the Tokyo Foreign Exchange Market on March 31, 2022

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