Mitsubishi Electric Corp - Company Profile
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Mitsubishi Electric Corp (Mitsubishi Electric) develops, manufactures, and markets electrical and electronics products. The companys product portfolio comprises of air conditioning systems, home products, factory automation systems, automotive equipment, building systems, energy systems, visual information systems, transportation systems, semiconductors and devices, information and communication systems, space systems and public systems. It also offers maintenance services, it infrastructure services and network services. Mitsubishi Electric serves information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation, and building equipment sectors. The company has operations in the Americas, Asia-Pacific, Europe, Middle East, Africa, and CIS. Mitsubishi Electric is headquartered in Chiyoda-Ku, Tokyo, Japan.
Headquarters
Japan
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-Ku, 100-8310
Website
www.mitsubishielectric.co.jp
Telephone
81 3 32182111
No of Employees
149,655
Industry
Technology and Communications
Ticker Symbol & Exchange
6503 (TYO)
Revenue (2022)
$37.0B
11.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
5.1%
(2022 vs 2021)
Market Cap*
$36.0B
Net Profit Margin (2022)
XYZ
-5.9%
(2022 vs 2021)
* As of and is in US$
Mitsubishi Electric Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Air Conditioning Systems | Maintenance services | Mitsubishi |
| Home Products | IT Infrastructure Services | |
| Factory Automation Systems | Network Services | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In April, the company and Mitsubishi Heavy Industries completed the integration of their power-generator systems businesses under Mitsubishi Generator Co., Ltd. |
| 2024 | Contracts/Agreements | In March, the company in partnership with Cartken and Uber Eats Japan introduced a food-delivery robot service. |
| 2024 | Plans/Strategy | In January, the company announced its plans to acquire the remaining 72.47% stake in KITA KOUDENSHA Corporation. |
Competitor Comparison
| Key Parameters | Mitsubishi Electric Corp | Sony Group Corp | LG Electronics Inc | Toshiba Corp | Infineon Technologies AG |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | South Korea | Japan | Germany |
| City | Chiyoda-Ku | Minato-Ku | Seoul | Minato-Ku | Neubiberg |
| State/Province | Tokyo | Tokyo | - | Tokyo | Bayern |
| No. of Employees | 149,655 | 113,000 | 37,835 | 106,648 | 59,340 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mitoji Yabunaka | Chairman | Executive Board | - | - |
| Kei Uruma | Executive Officer; Director; President; Chief Executive Officer | Executive Board | 2021 | 63 |
| Tadashi Kawagoishi | Executive Officer - Accounting and Finance; Director; Chief Financial Officer | Executive Board | - | - |
| Kunihiko Kaga | Chief Technology Officer; Executive Officer - Research and Development, Corporate Strategic Planning and Operations of Associated Companies; Chief Strategy Officer; Director | Executive Board | 2022 | 57 |
| Jun Nagasawa | Chief Communication Officer; Executive Officer; Senior Vice President - Auditing, Legal Affairs and Compliance and Corporate Communication; Director | Executive Board | 2022 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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