Dividend Policy

In terms of our dividend policy, our basic policy is to increase the annual dividend per share through earnings growth. However, comprehensively considering recent changes in the global investment environment, to answer shareholders' expectations for a stable dividend and other factors, we are targeting a consolidated dividend payout ratio in the range of 20% to 25%.

For the fiscal year ended March 31, 2010, we recorded consolidated net income of 273.1 billion yen, and we plan to pay an annual ordinary dividend per share of 38 yen, which would equated to a payout ratio of 23%.

Mitsubishi Corporation plans to pay a dividend of 52 yen per share for fiscal year ending March 2011 in accordance with the above policy, providing it achieves its current consolidated net income forecast of 370.0 billion yen, which would equated to a payout ratio of 23%.

	Dividend per Share
(Record Date)	September 30	March 31	Annual
Fiscal Year Ended March 31, 2009	¥ 36.00	¥ 16.00	¥ 52.00
Fiscal Year Ended March 31, 2010	17.00	21.00	38.00
Fiscal Year Ending March 31, 2011	—	—	52.00 (Forecast)