Mitsubishi Corp. MBC Revision to Projected Dividends

  Mitsubishi Corp. (MBC) - Revision to Projected Dividends

RNS Number : 0750P
Mitsubishi Corporation
19 October 2012


                                                              October 19, 2012

                                                                             

  (Translation of report filed with the Tokyo Stock Exchange on October 19,
                                    2012)



Notice Concerning Revision to Projected Interim and Annual Dividends for Year
                              Ending March 2013

                                      

Mitsubishi Corporation (MC) has decided  to revise the projected dividend  per 
share for the year ending March 2013,  that was announced on May 8, 2012  with 
financial results for the year ended March 2012. Details are as follows.



1. Reason for revision of projected interim and annual dividends

As announced separately today in a press release titled gRevision of Full-year
Consolidated Earnings Forecasts,h  MC has  revised its  projected interim  and 
annual dividends for the year ending March 2013 in line with revisions to its
full-year earnings forecasts  for the  year ending  March 2013.  Based on  the 
revised forecasts, MC has  revised projected dividends as  shown in section  2 
below.



The interim dividend is scheduled to be approved by the Board of Directors  of 
MC at a meeting on November 2, 2012.



2. Dividends for the Year Ending March  2013 (From April 1, 2012 to March  31, 
2013)

                                      Dividend per share       Dividend payout
                                 Projected Projected Projected      ratio
                                 interim   year-end   annual   (consolidated)
                                 dividend  dividend  dividend
Previous forecasts (announced on  35 yen    35 yen    70 yen         23%
May 8, 2012)
Revised forecasts                 25 yen    25 yen    50 yen         25%
Year ended March 2012             32 yen    33 yen    65 yen         24%

(Note) The  above  forecasts in  this  release  are based  on  data  currently 
available to management and certain  assumptions that management believes  are 
reasonable. The  achievement  of said  dividends  cannot be  promised.  Actual 
dividends may therefore  differ materially from  these statements for  various 
reasons.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCDMMMGVLRGZZG -0- Oct/19/2012 06:49 GMT
 
Press spacebar to pause and continue. Press esc to stop.