Mitsubishi Electric Corporation
6503・Prime Market・Electric Appliances
Governance
The company operates as a Company with Nominating Committee, etc., separating oversight from execution. The Board of Directors consists of 10 members, including 6 outside directors (outside director ratio: 60%). An independent outside director serves as chairperson, and outside directors also chair each of the three statutory committees, with outside directors holding a majority on each committee.
Risk Management
Under the direction of the CRO (Executive Officer in charge of Risk Management and Economic Security), the risk-owning departments within the Corporate functions identify, evaluate, and manage risks in their respective specialized areas, and a system has been established whereby management decisions are made at the Risk Management and Compliance Committee. Climate change risk falls under the jurisdiction of the Executive Officer in charge of Sustainability and the Sustainability & Innovation Division, which conducts TCFD-based 2°C/4°C scenario analysis annually.
Shareholder Returns
Basic policy of stable dividends targeting an adjusted DOE of approximately 3%, with FY2025 annual dividend of ¥55 per share (interim ¥25, year-end ¥30), total dividends of ¥112,734 million, and a payout ratio of 27.7%. Share buybacks were also conducted (¥101,426 million in the current fiscal year).
Dividend Policy
From the perspective of providing appropriate profit distribution in line with the level of shareholders' equity while maintaining financial soundness to support continuous growth investment, the company implements stable dividends targeting an adjusted DOE (dividends paid ÷ shareholders' equity (excluding accumulated other comprehensive income (loss))) of approximately 3%. Dividends of surplus are paid twice a year (interim and year-end), with the Board of Directors as the decision-making body. FY2025 results: annual dividend of ¥55 per share (interim ¥25, year-end ¥30), total dividends of ¥112,734 million, payout ratio of 27.7%, and dividend-to-equity attributable to owners of parent ratio of 2.7%. The dividend forecast for FY2026 (ending March 2026) is undetermined.
ESG
The company supports TCFD and has set targets of net-zero GHG emissions from its factories and offices by FY2030 and net-zero emissions across the entire value chain by FY2050, having obtained SBT initiative certification. In terms of human capital, it has set targets of an employee engagement score of 70% or higher and a ratio of female managers of 12% (both FY2030 targets), and is actively promoting its human capital strategy, including securing 20,000 DX/AX personnel and establishing a Culture Transformation Office.
Last updated: June 19, 2026