Mitsubishi Electric Corporation Dividend Declaration (7422M)

TIDMMEL

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  Public Relations Division 
 Finance Division 
Mitsubishi Electric Corporation      Mitsubishi Electric Corporation 
                                     Tel: +81-3-3218-2346 
Cad.Irg@rk.MitsubishiElectric.co.jp  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 (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   Previous Year's 
                                       Forecast (April    Dividend (Fiscal 
                                          28, 2022)            2021) 
Record date         March 31, 2022     March 31, 2022     March 31, 2021 
Dividend per            26 yen             26 yen             26 yen 
 share 
Total amount        54,940 million                        55,816 million 
 of dividends             yen                                   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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