Press Information

Notice of Dividends of Surplus


Tokyo, May 10, 2023 – Mitsubishi Heavy Industries, Ltd. (MHI), at a meeting of its Board of Directors held today, decided to make a distribution of dividends of surplus to shareholders of record as of March 31, 2023, as indicated below.
Of note, this dividend distribution will be an item for resolution at the 98th General Meeting of Shareholders scheduled for June 29, 2023.

1. Details of Dividend Distribution

Decided Amount Most Recent Year-End Dividend Forecast
(February 7, 2023)
Dividend Distribution in the Previous Fiscal Year
(ended March 31, 2022)
Record date March 31, 2023 March 31, 2023 March 31, 2022
Dividend per share 70.00 yen 60.00 yen 55.00 yen
Total dividend amount 23,583 million yen - 18,528 million yen
Effective date June 30, 2023 - June 30, 2022
Source of funds Retained earnings - Retained earnings


2. Reasons
MHI has set a basic policy of continually providing shareholders with a stable dividend, with due consideration for a balance of business growth and financial soundness.
  Based on this policy, the Company decided to pay a year-end dividend of 70 yen per share for the fiscal year ended March 31, 2023, an increase of 10 yen per share from the most recent dividend forecast. Of note, the total annual dividend payment, together with the interim dividend paid at the end of the second quarter, amounts to 130 yen per share.


Reference: Breakdown of Annual Dividend

Dividend per Share
Record date Interim Year-End Total
Forecast dividend amount - 70.00 yen 130.00 yen
Fiscal year ended March 31, 2023 60.00 yen - -
Fiscal year ended March 31, 2022 45.00 yen 55.00 yen 100.00 yen

Tags: Dividends,Management

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit or follow our insights and stories on