Mitsubishi Electric Announces Dividend for Fiscal 2024 (April 1, 2023 – March 31, 2024) and Dividend Forecast for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Board of Directors has resolved to pay an year-end dividend of 30 yen per share for fiscal 2024, as of the record date of March 31, 2024, with due consideration of the company’s performance and financial standing during the respective fiscal year.

For the first half of fiscal 2025, the company plans to pay an interim dividend of 20 yen per share, as of the record date of September 30, 2024, with due consideration on performance and financial standing in the respective period. The actual dividend will be declared at the Board of Directors’ meeting in October 2024.

The year-end dividend for fiscal 2025, as of the record date of March 31, 2025, is currently undecided.

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

Year-end dividend (as of the record date of March 31, 2024)
	Fiscal 2024 Dividend (final)	Previous Forecast for Fiscal 2024 Dividend (as of April 26, 2024)	Fiscal 2023 Dividend
Record date	March 31, 2024	March 31, 2024	March 31, 2023
Dividend per share	30 yen	30 yen	26 yen
Total amount of dividends	62,702 million yen	－	54,940 million yen
Effective date	June 4, 2024	－	June 2, 2023
Dividend resource	Retained earnings	－	Retained earnings

Dividend forecast (as of the record date of March 31, 2025)
Dividend per share	Interim dividend	Year-end dividend	Annual dividend
Fiscal 2025 (previous announcement as of April 26, 2024)	To be determined	To be determined	To be determined
Fiscal 2025 (present announcement)	20 yen	To be determined	To be determined
Fiscal 2024 (actual)	20 yen	30 yen	50 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.