Dividend Policy
Dividend Policy
MC's dividend policy is to continue to maximize corporate value by utilizing retained earnings, while linking dividends to consolidated net income attributable to Mitsubishi Corporation.
As announced separately, MC posted consolidated net income attributable to Mitsubishi Corporation of 453.8 billion yen for the fiscal year ended March 31, 2012, exceeding the 450.0 billion yen forecast. Accordingly, MC has decided to declare an annual ordinary dividend per share applicable to the fiscal year ended March 31, 2012 of 65 yen, comprising an interim dividend of 32 yen with a record date of September 30, and a year-end dividend of 33 yen.
For the year ending March 2013, MC has revised its annual dividends in line with revisions to its full-year earnings forecasts from 500.0 billion yen to 330.0 billion yen.
We plan to pay an annual dividend per share of 50 yen, providing we achieve our current net income forecast of 330.0 billion yen.
| Dividend per Share | |||
|---|---|---|---|
| (Record Date) | September 30 | March 31 | Annual |
| ¥ | ¥ | ¥ | |
| Fisical Year Ended March 31, 2010 |
17.00 | 21.00 | 38.00 |
| Fisical Year Ended March 31, 2011 |
26.00 | 39.00 | 65.00 |
| Fisical Year Ended March 31, 2012 |
32.00 | 33.00 | 65.00 |
Note: The above forecasts are management's current views and beliefs in accordance with data currently available, and are subject to a number of risks, uncertainties and other factors that may cause actual results and dividends to differ materially from those projected.
Stock Data
Basic Information
| American Depositary Receipts: | |
|---|---|
| Ratio (ADR:ORD) | 1:2 |
| Exchange | OTC (Over-the-Counter) |
| Symbol | MSBHY |
| CUSIP | 606769305 |
| Depositary: |
 The Bank of New York Mellon101 Barclay Street, New York, NY 10286, U.S.A. Tel: (201)680-6825 U.S. toll free: 888-269-2377 (888-BNY-ADRS) |
