Mitsubishi Electric Announces Dividend for Fiscal 2022 (April 1, 2021 – March 31, 2022)
May 25, 2022 at 02:26 am EDT
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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, 2022, with due consideration of the company’s performance and financial standing during the fiscal year ended March 31, 2022 (fiscal 2022).
Year-end dividend
Fixed Status
Previous Dividend Forecast (April 28, 2022)
Previous Year’s Dividend (Fiscal 2021)
Record date
March 31, 2022
March 31, 2022
March 31, 2021
Dividend per share
26 yen
26 yen
26 yen
Total amount of dividends
54,940 million yen
-
55,816 million 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
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005528/en/
Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows:
- industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.;
- electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.;
- household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.;
- information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.;
- electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.;
- other (13.2%): financial services, real estate management, engineering and maintenance services, etc.
Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).