Mitsubishi Heavy Industries, Ltd.

Policy on Shareholder Returns and Dividends

Policy on Determination of Dividends from Surplus, etc.

As of May 22, 2025

Our basic policy on dividend distribution, etc. is to appropriately secure internal reserves for future growth while continuing to provide a stable return of profits to shareholders. At the Board of Directors meeting held today, taking into consideration the consolidated business results for the fiscal year ended March 31, 2025, the future business environment, said basic policy, dividend payout ratio, and other factors, we resolved to pay a year-end dividend of 24 yen per share, which will be proposed at the Annual General Meeting of Shareholders scheduled on June 25, 2025.

Dividend Trends (Per Share)

  FY2020 FY2021 FY2022 FY2023 FY2024
Annual Dividend 8.00 8.00 9.00 20.00 24.00