Mitsubishi Electric Corp - Company Profile
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Mitsubishi Electric Corp (Mitsubishi Electric) develops, manufactures, and markets electrical and electronic products. The company focuses on infrastructure, industry and mobility, life, digital innovation, and semiconductors and devices. Its product portfolio also comprises air purifiers, dehumidifiers, vacuum cleaners, industrial robots, automotive equipment, and energy systems. The company's products and services cater to a wide range of industries, including residential, commercial, industrial, and aerospace sectors. The company's products are utilized in various applications such as power transmission, building systems, and transportation systems. Mitsubishi Electric operates across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Mitsubishi Electric is headquartered in Tokyo, Japan.
Mitsubishi Electric Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Air Conditioning Systems | Real estate services | Mitsubishi |
| Home Products | Logistics services | |
| Factory Automation Systems | Advertising services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In October, the company entered into an agreement to acquire a 49% stake in ABB and the carved-out low-voltage power distribution product business of the Mitsubishi Electric joint venture. |
| 2026 | Contracts/Agreements | In October, the company's carved-out low-voltage power distribution product business entered into a joint venture agreement with ABB to focus on low-voltage solutions for Asian markets. |
| 2026 | Contracts/Agreements | In October, Mitsubishi Electric Building Solutions Corporation signed an agreement with Sumitomo Corporation for advertising business utilizing digital signage. |
Competitor Comparison
| Key Parameters | Mitsubishi Electric Corp | Sony Group Corp | LG Electronics Inc | Toshiba Corp | Yazaki Corp |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | South Korea | Japan | Japan |
| City | Chiyoda-Ku | Minato | Seoul | Kawasaki | Tokyo |
| State/Province | Tokyo | Tokyo | - | Kanagawa | Tokyo |
| No. of Employees | 150,386 | 94,900 | 37,835 | 95,109 | 230,492 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kei Uruma | Executive Officer; President; Chief Executive Officer; Director | Executive Board | 2021 | 67 |
| Kenichiro Fujimoto | Chief Financial Officer; Head - IR and SR; Executive Officer; Director | Executive Board | 2025 | 62 |
| Noriyuki Takazawa | Chief Strategy Officer; Executive Officer; Executive Vice President; Director; Head - Corporate Strategic Planning and Operations of Associated Companies | Executive Board | 2025 | 64 |
| Satoshi Takeda | Chief Data Officer; Head - Information Security and IT; Chief Information Officer; Senior Vice President; Head - DX and Business Innovation; President - Digital Innovation; President - Mitsubishi Electric Digital Innovation Corporation; Director - Mitsubishi Electric Digital Innovation Corporation | Senior Management | 2025 | 59 |
| Kunihiko Kaga | Chief Technology Officer; Head - Technology Strategies; Executive Vice President; Executive Officer | Senior Management | 2025 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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