Mitsubishi Electric : Announces Dividend Policy for Fiscal 2018 (April 1, 2017 – March 31, 2018)
March 26, 2018 at 02:21 am EDT
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Mitsubishi
Electric Corporation (TOKYO:6503) announced today its dividend
forecast for the current fiscal year ending March 31, 2018 (fiscal 2018).
The company plans to pay a year-end dividend of 26 yen per share, as of
the record date of March 31, 2018, with due consideration on performance
and financial standing in fiscal 2018. The actual dividend will be
declared at the Board of Directors’ meeting when financial results for
fiscal 2018 are to be approved.
Dividend per share
Interim dividend
Year-end dividend
Annual dividend
Fiscal 2018
(previous announcement as of Feb. 2, 2018)
14 yen (actual)
To be determined
To be determined
Fiscal 2018 (present announcement)
14 yen (actual)
26 yen
40 yen
Fiscal 2017 (actual)
9 yen
18 yen
27 yen
Note: The forecast above is based on assumptions deemed
reasonable by the company at the present time, and actual results
may differ significantly from forecasts. Please refer to the
cautionary statement below.
For the full text, please visit: http://www.MitsubishiElectric.com/news
View source version on businesswire.com: https://www.businesswire.com/news/home/20180325005119/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%).