Mitsubishi Heavy Industries, Ltd.
7011・Prime Market・Machinery
Governance
The company has adopted the Company with an Audit and Supervisory Committee structure, and its Board of Directors consists of 12 members (of whom 6 are outside directors, an outside director ratio of 50%). It has established an Executive Nomination and Compensation Committee chaired by an independent outside director, promoting the separation of oversight and execution.
Risk Management
Risk management is overseen under the leadership of the CSO, with ESG-related risks confirmed by the Sustainability Committee. A framework has been established to periodically assess and analyze risks and report to the Board of Directors and the Audit and Supervisory Committee through internal audits. The company has also established human rights due diligence processes and a remedy mechanism through participation in JaCER.
Shareholder Returns
The dividend per share for FY2026 (ending March 2026) is ¥25 (interim ¥12 + year-end ¥13), with total dividends of ¥84,239 million and a payout ratio of 25.3%. For FY2027 (ending March 2027), the dividend is planned to increase to ¥29 (interim ¥14 + year-end ¥15). Share buybacks were minor (¥6 million).
Dividend Policy
Dividends are paid twice a year (interim and year-end). The dividend per share for FY2026 (ending March 2026) is ¥25 (interim ¥12 + year-end ¥13), with total dividends of ¥84,239 million, a payout ratio of 25.3%, and a dividend-to-equity attributable to owners of parent ratio of 3.1%. The forecast for FY2027 (ending March 2027) is ¥29 (interim ¥14 + year-end ¥15), with a payout ratio of 25.6%.
ESG
Under "MISSION NET ZERO," the company targets a 50% reduction in Scope 1 and 2 CO2 emissions by 2030 versus 2014 levels, and net zero by 2040, with a 43% reduction projected as of 2025. In human capital, the company focuses on enhancing engagement, promoting diversity, and improving occupational health and safety, achieving a lost-time injury frequency rate of 0.31, significantly below the industry average of 1.24.
Last updated: June 24, 2026

