Mitsubishi Corporation Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 24, 2024, Provides Dividend Guidance for the Second Quarter Ending September 30, 2024 and for the Year Ending March 31, 2025
May 02, 2024 at 05:51 am IST
Share
Mitsubishi Corporation announced year-end dividend for the fiscal year ended March 31, 2024, provided dividend guidance for the second quarter ending September 30, 2024 and for the year ending March 31, 2025. The company announced year-end dividend of JPY 35.00 per share for the fiscal year ended March 31, 2024 compared to JPY 34.33 per share paid a year ago. Scheduled date of commencing dividend payments: June 24, 2024.
For the quarter ending September 30, 2024, the company expects to pay year-end dividend of JPY 50.00 per share compared to JPY 35.00 per share a year ago.
For the year ending March 31, 2025, the company expects to pay year-end dividend of JPY 50.00 per share compared to JPY 35.00 per share a year ago.
Mitsubishi Corporation is a diversified group organized around 10 sectors of activity:
- manufacturing of food and consumer products (29.9% of net sales);
- production of chemicals and petroleum products (19.9%): crude oil, refined products, natural gas, synthetic fiber materials, petrochemicals, fertilizers and specialty chemicals ;
- production and processing of metals (12.6%): iron, steel products and non-ferrous metals;
- mineral resources exploitation (16.5%);
- exploration and production of natural gas (6.7%);
- car manufacturing (5.3%);
- production, transmission and distribution of electricity (5.3%);
- construction of energy infrastructure and industrial facilities (3.3%). The group also sells construction machinery, machine tools, agricultural machinery, elevators, escalators, facility management, ships and aviation equipment;
- development of real estate assets (0.4%);
- other (0.1%).
Net sales break down geographically as follows: Japan (51.8%), the United States (15.5%), Singapore (7%), Australia (6.2%) and other (19.5%).
Mitsubishi Corporation Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 24, 2024, Provides Dividend Guidance for the Second Quarter Ending September 30, 2024 and for the Year Ending March 31, 2025
MITSUBISHI CORPORATION 
