Mitsubishi Corporation

Press Room

May 10, 2011

Notice Concerning Dividends

Mitsubishi Corporation (MC) has announced that the Board of Directors at a meeting held on May 10, 2011 decided to pay the following dividend to shareholders of record on March 31, 2011. This resolution is subject to approval at the ordinary general meeting of shareholders scheduled for June 24, 2011.
 
1. Details of Year-end Dividend
 
Amount
Most recent dividend forecast (October 29, 2010)
Year Ended March 31, 2010
Record date
March 31, 2011
March 31, 2011
March 31, 2010
Year-end dividend per share of common stock
39 yen
30 yen
21 yen
Total dividend
64,129 million yen
-
34,519 million yen
Effective date
June 27, 2011
-
June 25, 2010
Source of funds for dividend
Retained earnings
-
Retained earnings
 
2. Reason
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 today, MC posted consolidated net income attributable to Mitsubishi Corporation of 463.2 billion yen for the fiscal year ended March 31, 2011, exceeding the 400.0 billion yen forecast announced at the end of October 2010. Accordingly, MC has decided to declare an annual ordinary dividend per share applicable to the fiscal year ended March 31, 2011 of 65 yen, comprising an interim dividend of 26 yen with a record date of September 30, and a year-end dividend of 39 yen.
 
(Reference) Annual Ordinary Dividend Breakdown
 
Annual ordinary dividend per share (Yen)
Record date
September 30 (Interim)
March 31 (Year-end)
Annual
Fiscal year ended March 31, 2011
26
39
65
Fiscal year ended March 31, 2010
17
21
38

Inquiry Recipient

Mitsubishi Corporation
Telephone:+81-3-3210-2171 / / Facsimile:+81-3-5252-7705