Mitsubishi Electric Announces Dividend Policy for Fiscal 2013 (April 1, 2012-March 31, 2013)

  Mitsubishi Electric Announces Dividend Policy for Fiscal 2013(April 1,
  2012-March 31, 2013)

Business Wire

TOKYO -- March 25, 2013

Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend
policy for the current fiscal year ending March 31, 2013 (fiscal 2013).

The company has decided on its policy to pay a year-end dividend of 6 yen per
share for the record date of March 31, 2013. The actual dividend will be
decided at the Board of Directors' meeting when financial results for fiscal
2013 are to be approved.


Dividend per share        Interim         Year-end          Annual dividend
                           dividend         dividend
Fiscal 2013                                                    To be
(previous announcement     5 yen (actual)   To be determined   determined
as of Feb. 4, 2013)
Fiscal 2013 (present       5 yen (actual)   6 yen              11 yen
announcement)
Fiscal 2012 (actual)      6 yen           6 yen             12 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.


Cautionary Statement
The expectation of operating results herein and any associated statement to be
made orally with respect to the company's current plans, estimates, strategies
and beliefs and any other statements that are not historical facts are
forward-looking statements. Words such as "expects", "anticipates", "plans",
"believes", "scheduled", "estimated", "targeted" along with any variations of
these words and similar expressions are intended to identify forward-looking
statements which include but are not limited to projections of revenues,
earnings, performance and production. While the statements herein are based on
certain assumptions and premises that the company trusts and considers to be
reasonable under the circumstances to the date of announcement, you are
requested to kindly take note that actual operating results are subject to
change due to any of the factors as contemplated hereunder and/or any
additional factor unforeseeable as of the date of this announcement. Such
factors materially affecting the expectations expressed herein shall include
but are not limited to the following:

(1)   Important trends
       The Mitsubishi Electric Group's operations may be affected by trends in
       the global economy, social conditions, laws, tax codes, and
       regulations.
(2)    Foreign currency exchange rates
       Fluctuations in foreign currency markets may affect Mitsubishi
       Electric's sales of exported products and purchases of imported
       materials that are denominated in U.S. dollars or Euros, as well as its
       Asian production bases' sales of exported products and purchases of
       imported materials that are denominated in foreign currencies.
(3)    Stock markets
       A fall in stock market prices may cause Mitsubishi Electric to record
       devaluation losses on marketable securities, or cause an increase in
       retirement benefit obligations in accordance with a decline in the fair
       value of pension assets.
(4)    Supply/demand balance for products and procurement conditions for
       materials and components
       A decline in prices and shipments due to changes in the supply/demand
       balance, as well as an increase in material prices due to a worsening
       of material and component procurement conditions may adversely affect
       the Mitsubishi Electric Group's performance.
(5)    Fund raising
       An increase in interest rates, the yen interest rate in particular,
       would increase Mitsubishi Electric's interest expenses.
(6)    Significant patent matters
       Important patent filings, licensing, copyrights and patent-related
       disputes may adversely affect related businesses.
(7)    Environmental legislation or relevant issues
       We may incur losses or expenses owing to changes in environmental
       legislation or the occurrence of environmental issues. Such changes in
       legislation or the occurrence of environmental issues may also impact
       manufacturing and all corporate activities of the Mitsubishi Electric
       Group.
(8)    Flaws or defects in products or services
       We may incur losses or expenses resulting out of flaws or defects in
       products or services, and the lowered reputation of the quality of all
       our products and services may affect the entire Mitsubishi Electric
       group.
(9)    Litigation and other legal proceedings
       The Mitsubishi Electric Group's operations may be affected by lawsuits
       or other legal proceedings against Mitsubishi Electric, its
       subsidiaries and/or equity-method affiliated companies.
(10)   Disruptive changes
       Disruptive changes in technology, development of products using new
       technology, timing of production, and market introduction may adversely
       affect the Mitsubishi Electric Group's performance.
(11)   Business restructuring
       The Mitsubishi Electric Group may record losses due to restructuring
       measures.
(12)   Natural disasters
       The Mitsubishi Electric Group's operations, particularly manufacturing
       activities, may be affected by the occurrence of earthquakes, typhoons,
       tsunami, fires and other large-scale disasters.
(13)   Other significant factors
       The Mitsubishi Electric Group's operations may be affected by the
       outbreak of social or political upheaval due to terrorism, war,
       pandemic by new strains of influenza and other diseases, or other
       factors.
       

About Mitsubishi Electric
With over 90 years of experience in providing reliable, high-quality products,
Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in
the manufacture, marketing and sales of electrical and electronic equipment
used in information processing and communications, space development and
satellite communications, consumer electronics, industrial technology, energy,
transportation and building equipment. Embracing the spirit of its corporate
statement, Changes for the Better, and its environmental statement, Eco
Changes, Mitsubishi Electric endeavors to be a global, leading green company,
enriching society with technology. The company recorded consolidated group
sales of 3,639.4 billion yen (US$ 44.4 billion*) in the fiscal year ended
March 31, 2012. For more information visit http://www.MitsubishiElectric.com
*At an exchange rate of 82 yen to the US dollar, the rate given by the Tokyo
Foreign Exchange Market on March 31, 2012

Contact:

Mitsubishi Electric Corporation
Investor Relations Inquiries
Investor Relations Group, Corporate Finance Division
Tel: +81-3-3218-2391
Cad.Irg@rk.MitsubishiElectric.co.jp
http://www.MitsubishiElectric.com/
or
Media Inquiries
Arisa Mori, +81-3-3218-2346
Public Relations Division
prd.gnews@nk.MitsubishiElectric.co.jp
http://www.MitsubishiElectric.com/news/
 
Press spacebar to pause and continue. Press esc to stop.