-

Mitsubishi Electric Announces Dividend Policy for Fiscal 2024 (April 1, 2023 – March 31, 2024)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its dividend forecast for the current fiscal year ending March 31, 2024 (fiscal 2024).

The full document on Mitsubishi Electric’s dividend policy can be viewed at the following link:
www.MitsubishiElectric.com/news

The company plans to pay a year-end dividend of 30 yen per share, as of the record date of March 31, 2024, with due consideration on performance and financial standing in fiscal 2024. The actual dividend will be declared at the Board of Directors meeting in May 2024.

Dividend per share

Interim dividend

Year-end dividend

Annual dividend

Fiscal 2024
(previous announcement as of Feb. 5, 2024)

20 yen (actual)

To be determined

To be determined

Fiscal 2024 (present announcement)

20 yen (actual)

30 yen

50 yen

Fiscal 2024 (actual)

14 yen

26 yen

40 yen

Note:

The forecast above is based on assumptions deemed reasonable by the company at the present time, and actual results may differ significantly from forecasts. Please refer to the cautionary statement in the full document.

 

Contacts

Investor Relations Inquiries
Corporate IR&SR Division
Mitsubishi Electric Corporation
Cad.Irg@rk.MitsubishiElectric.co.jp

Media Inquiries
Madoka Iwanaga
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-6655
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/

Mitsubishi Electric Corporation

TOKYO:6503

Release Versions

Contacts

Investor Relations Inquiries
Corporate IR&SR Division
Mitsubishi Electric Corporation
Cad.Irg@rk.MitsubishiElectric.co.jp

Media Inquiries
Madoka Iwanaga
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-6655
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/

More News From Mitsubishi Electric Corporation

Mitsubishi Electric Invests in AI Startup Sakana AI

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has invested in Sakana AI Inc., a Japan-based AI startup that develops next‑generation AI-foundation models. Through this collaboration, Mitsubishi Electric aims to create new solutions and expand businesses related to its SerendieTM digital platform by leveraging Sakana AI’s expertise in using AI to optimize complex, tacit‑knowledge‑rich, highly challenging business operations. Due to rapid advances i...

Mitsubishi Electric Develops Edge Digital Twin Technology for Real-time Compensation of Errors in CNC Machine Tools

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in collaboration with RWTH Aachen University in Germany, it has developed a technology that uses a digital twin to correct machine-tool errors in real time on machine tools equipped with computer numerical control (CNC1). Tests showed that the technology can reduce errors caused by slight deformation of machined parts due to the force of a cutting tool by up to 50%.2 This results in fewer mistakes during...

Mitsubishi Electric to Supply Elevators, Escalators, Air Conditioners and Hand Dryers for “Two Sudirman Jakarta” Complex in Indonesia

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that two of its Indonesian subsidiaries have secured a major order to supply 66 elevators, 30 escalators, 404 air-conditioning units and 38 hand dryers for Two Sudirman Jakarta, a huge mixed-use urban space scheduled to open in the heart of Jakarta in end of 2028. PT Mitsubishi Jaya Elevator and Escalator manufactures, sells, installs and services elevators and escalators, and PT Mitsubishi Electric Indonesia...
Back to Newsroom