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

TOKYO, May 9, 2024–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) today announced that the board of directors has decided to pay a year-end dividend of 30 yen per share for fiscal year 2024, to from the registration date of March 31. 2024, taking due account of the performance and financial situation of the company during the financial year concerned.

For the first half of fiscal 2025, the Company plans to pay an interim dividend of 20 yen per share, effective as of the record date of September 30, 2024, taking due account of the performance and financial position of the period respective. The effective dividend will be declared at the Board of Directors meeting in October 2024.

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

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

Closing dividend (as of record date March 31, 2024)

Dividend for financial year 2024
(final)

Previous forecasts for

Dividend for financial year 2024
(as of April 26, 2024)

Dividend for financial year 2023

Registration Date

March 31, 2024

March 31, 2024

March 31, 2023

Divide by 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 record date March 31, 2025)

Divide by share

Interim dividend

End of year dividend

Annual dividend

Fiscal year 2025 (previous announcement dated April 26, 2024)

To be determined

To be determined

To be determined

Fiscal year 2025 (current announcement)

20 yen

To be determined

To be determined

Fiscal year 2024 (actual)

20 yen

30 yen

50 yen

Note:

The above forecasts are based on assumptions considered reasonable by the Company at this time, and actual results may differ materially from those forecast. Please refer to the warning in the full document.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240508688731/en/

Contacts

Investor Relations Inquiries
Corporate IR&RS Division
Mitsubishi Electric Company
[email protected]

Media inquiries
Madoka Iwanaga
Public Relations Division
Mitsubishi Electric Company
Tel: +81-3-3218-2332
[email protected]
www.MitsubishiElectric.com/news/