Press Information
Notice Concerning Dividends of Surplus
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TOKYO, May 9, 2025 - Mitsubishi Heavy Industries, Ltd. (hereinafter "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, 2025, as indicated below.
Of note, this dividend distribution will be an item for resolution at the 100th General Meeting of Shareholders scheduled for June 30, 2025.
- Details of dividend distribution
Decided amount Most recent year-end dividend forecast
(February 4, 2025)Dividend distribution in the previous fiscal year
(ended March 31, 2024)Record date March 31, 2025 March 31, 2025 March 31, 2024 Dividend per share(Note) 12.00 yen 11.00 yen 12.00 yen Total dividend amount 40,434 million yen - 40,432 million yen Effective date June 30, 2025 - June 28, 2024 Source of dividends Retained Earnings - Retained Earnings - The Company conducted a stock split at a ratio of 10 shares for each common share, effective April 1, 2024.
The figures for the previous fiscal year have been adjusted retroactively for comparison purposes to reflect the share split.
- The Company conducted a stock split at a ratio of 10 shares for each common share, effective April 1, 2024.
- Reason
MHI Group's basic shareholder return policy is to provide returns mainly through dividends, with consideration made to the balance between business growth and financial stability.
As a way of providing a progressive dividend in line with profit growth while achieving highly predictable and stable payments, we target a Dividend on Equity (DOE) of 4% or higher.
In line with this policy, we have decided to increase the year-end dividend for the fiscal year ending March 2025 by 1 yen from the most recent forecast, setting it at 12 yen per share.
As a result, the total annual dividend, including the interim dividend, will be 23 yen per share.Reference: Breakdown of annual dividend
Dividend per share Record date Interim Year-End Total Forecast dividend amount - 12.00 yen 23.00 yen Fiscal year ended March 31, 2025 11.00 yen - - Fiscal year ended March 31, 2024(Note) 8.00 yen 12.00 yen 20.00 yen - The Company conducted a stock split at a ratio of 10 shares for each common share, effective April 1, 2024.
The figures for the previous fiscal year have been adjusted retroactively for comparison purposes to reflect the share split.
- The Company conducted a stock split at a ratio of 10 shares for each common share, effective April 1, 2024.
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 www.mhi.com or follow our insights and stories on spectra.mhi.com.