Link: https://links.sgx.com/1.0.0/corporate-announcements/MSE86YNVWWL47ITZ/7cd329fac5ecacdf9c68287007a24f8299f51b25f8c3bfeedb759a75deaa7590

Summary:

• Consolidated Net Income Forecast: Mitsubishi Corporation (MC) forecasts a consolidated net income of ¥700 billion for the fiscal year ending March 31, 2025.

• Underlying Operating Cash Flow: Projected to be ¥900 billion, maintaining levels similar to the previous fiscal year, supported by growth in non-resource businesses despite fluctuations in resource prices.

• Dividend Per Share: MC plans to increase the annual dividend to ¥110 per share, up from ¥100 in the prior year.

• Share Repurchase Program: A share repurchase totaling up to ¥1 trillion has been announced, comprising:​

  • Tender Offer of Own Shares: Up to ¥230 billion, with a tender offer price set at ¥2,291 per share, running from April 4 to May 2, 2025.​

  • Open Market Share Repurchase: Up to ¥770 billion, to be conducted from May 7, 2025, to March 31, 2026.

• Financial Position: Even after the share repurchase program, MC anticipates maintaining a Net Debt-to-Equity ratio below the upper threshold of 0.6x, ensuring robust financial health.

Note: All data is sourced from Mitsubishi Corporation's announcement titled "Notification of FY2025 Earnings Forecast and Shareholder Returns" dated April 3, 2025.