Mitsubishi Electric Corp - Company Profile
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Business Description
Mitsubishi Electric Corp (Mitsubishi Electric) develops, manufactures, and sells electric and electronic equipment for residential, commercial, and industrial applications. Its serves various industries including information processing and communications, space development and satellite communications, industrial technology, consumer electronics, transportation, energy, and building equipment.
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R&D Overview
Mitsubishi Electric’s R&D focuses on developing fundamental technologies that support its products. The company promotes open innovation in collaboration with universities and other external R&D institutions to reach the next growth stage. Mitsubishi Electric has advanced technology R&D, information technology R&D, and industrial design centers in Japan, and laboratories in the US, Europe, and China. In FY2023, it spent JPY212,300 million on R&D, which as a percentage of revenue, stood at 4.2%.
Business Segments
Overview
Provides information systems and network services, semiconductors, and devices. Also offers E&F solutions and OT security. Semiconductor and Device accounted for 65.5% of the segments total revenue and Information Systems and Network Service 34.5%.
Performance
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Overview
Offers factory automation systems and automotive equipment. Also provides real-time control, power electronics technologies, motor technologies, monitoring technologies and high fill-factor coil winding technology. Factory Automation Systems accounted for 50.8% of the segments total revenue and Automotive Equipment for 49.1%.
Performance
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Overview
Offers public utility systems, energy systems, and defense and space systems. public utility systems include transportation, electricity and buildings. Energy systems includes carbon neutral, energy conservation and electrification. It also provides signals detection, operation, and maintenance of facility. Public Utility Systems accounted for 40.6% of the segments total revenue, followed by Energy Systems (34.1%) and Defense & Space Systems (25.3%).
Performance
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Overview
Offers building systems, air conditioning systems and home products. Also offers HVAC & R, elevators and escalators/buildings management systems, and cloud Infrastructure. Air Conditioning Systems and Home Products accounted for 69.9% of the segments total revenue and Building Systems for 30.1%.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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