November 1, 2022

For Immediate Release
To whom it may concern

Mitsui & Co., Ltd.
Notice Regarding the Revision of Interim and Year-end Dividend Forecasts
for the Fiscal Year Ending March 31, 2023
Mitsui & Co., Ltd. (“Mitsui”; Head Office: Chiyoda Ku, Tokyo; President and CEO: Kenichi Hori) hereby
announces that, at a meeting of its Board of Directors held on November 1, 2022, it resolved to revise
interim dividend with record date as September 30, 2022. Further, it was also decided to revise year-end
dividend forecast for the fiscal year ending March 31, 2023, as stated below.
1.

Description of the Interim Dividend
Original forecast

Previous period(announced on(fiscal year ended

May 2, 2022)

March 2022)

September 30, 2022

September 30, 2022

September 30, 2021

¥65.00¥60.00¥45.00Total amount of dividend¥102,271 million-¥73,297 million

Effective date

December 2, 2022-

December 2, 2021

Source of dividend payment

Retained earnings-

Retained earnings

Revised forecast
Record date
Dividend per share2.

Description of the revision of Year-end Dividend
Annual dividend per share

Original forecast

InterimYear-end

Annual

¥ 60.00¥ 60.00¥ 120.00¥ 65.00¥ 130.00¥ 60.00¥ 105.00

Revised forecast
Actual (current year)
Actual (previous year)(fiscal year ended March 2022)
3.

¥ 65.00¥ 45.00

Reason for the revision of the dividend forecasts
In order to increase corporate value and maximize shareholder value, we seek to maintain an optimalbalance between (a) meeting investment demand in our core and growth areas through re-investments ofour retained earnings, and (b) directly providing returns to shareholders by paying out cash dividends.
Therefore, we have decided to revise interim dividend to ¥65 per share (an increase of ¥5 per share fromthe original forecast) after taking into consideration the Core Operating Cash Flow and Net Income(attributable to owners of the parent) in the revised forecasts announced today for the year ending March31, 2023, as well as the stability and continuity of dividend payments. In addition, the forecast for year-end
dividend has also been revised to ¥65 per share (an increase of ¥5 per share from original forecast). As aresult, the annual dividend for the year fiscal year ending March 31, 2023 is forecasted to be ¥130 pershare (an increase of ¥10 per share from the original forecast and ¥25 per share from the previous year).
For the details of the revised forecasts for the year ending March 31, 2023, please refer to the“Consolidated Financial Results for the Six-Month Period Ended September 30, 2022[IFRS]” announcedtoday.
For further information, please contact:
Mitsui & Co., Ltd.
Investor Relations Division Tel:

+81-3-3285-7657

Corporate Communications Division Tel:

+81-80-5912-0321

Notice:This announcement contains forward-looking statements. These forward-looking statements are based on
Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it
and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and otherfactors may cause Mitsui's actual results, financial position or cash flows to be materially different from any
future results, financial position or cash flows expressed or implied by these forward-looking statements.
These risks, uncertainties and other factors referred to above include, but are not limited to, thosecontained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui
undertakes no obligation to publicly update or revise any forward-looking statements. This announcement
is published in order to publicly announce specific facts stated above, and does not constitute a solicitationof investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities
issued by us.