Mitsubishi Electric : Announces Dividend Policy for Fiscal 2017 (April 1, 2016-March 31, 2017)
March 22, 2017 at 02:08 am EDT
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Note that the releases are accurate at the time of publication but may be subject to change without notice.
TOKYO, March 22, 2017
- Mitsubishi Electric Corporation announced today its dividend forecast for the current fiscal year ending March 31, 2017 (fiscal 2017).
The company plans to pay a year-end dividend of 18 yen per share, as of the record date of March 31, 2017, with due consideration of performance and financial standing in fiscal 2017. The actual dividend will be declared at the Board of Directors' meeting when financial results for fiscal 2017 are to be approved.
Mitsubishi Electric Corporation published this content on 22 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 March 2017 06:08:14 UTC.
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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%).
MITSUBISHI ELECTRIC CORPORATION 
