Press release

Mitsubishi Electric Announces Dividend for Fiscal 2023 (April 1, 2022 – March 31, 2023)

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Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has fixed the year-end dividend, as of the record date of March 31, 2023, with due consideration of the company’s performance and financial standing during the fiscal year ended March 31, 2023 (fiscal 2023).

Year-end dividend

 

 

Fixed Status

Previous Dividend Forecast

(April 28, 2023)

Previous Year’s Dividend

(Fiscal 2022)

Record date

March 31, 2023

March 31, 2023

March 31, 2022

Dividend per share

26 yen

26 yen

26 yen

Total amount of dividends

54,940 million yen

54,940 million yen

Effective date

June 2, 2023

June 2, 2022

Dividend resource

Retained earnings

Retained earnings

Reference: Annual dividend

 

Dividend per share

Interim dividend

Year-end dividend

Annual dividend

Fiscal 2023 (actual)

14 yen

26 yen

40 yen

Fiscal 2022 (actual)

14 yen

26 yen

40 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 5,003.6 billion yen (U.S.$ 37.3 billion*) in the fiscal year ended March 31, 2023. For more information, please visit www.MitsubishiElectric.com

*U.S. dollar amounts are translated from yen at the rate of 134=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2023