Mitsubishi Electric Corp

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2025

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Mitsubishi Electric Corp. engages in the manufacture, development, and sale of electric and electronic equipment. It operates in the following business segments: Energy and Electric Systems, Industrial Automation Systems, Information and Communication Systems, Electronic Devices, Home Appliances, and Others. The Energy and Electric Systems segment offers power and transportation systems, elevators, escalators, and supervisory control systems. The Industrial Automation Systems segment covers industrial automation products and systems, measurement and control systems, automotive and electronic products, and car multimedia systems. The Information and Communication Systems segment includes wireless, closed circuit television, space, and satellite communication systems, antennas, radar devices, and information communications network systems. The Electronic Devices segment provides power, high frequency, and optical devices; and liquid crystal displays. The Home Appliances segment covers air-conditioning and photovoltaic power generation systems, televisions, recorders, and players. The Others segment comprises of material procurement, logistics, real estate, advertising, and financial services. The company was founded on January 15, 1921 and is headquartered in Tokyo, Japan.

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest approximately 10 billion yen to construct a new facility for the assembly and inspection of power semiconductor modules at its Power Device Works in Fukuoka Prefecture, Japan. The plant, which was originally announced on March 14, 2023, is scheduled to begin operations in October 2026. As the primary facility for assembling and inspecting power semiconductor modules, the plant will consolid.

Mitsubishi Electric's Power Device Works to Construct New Plant

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of a silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) bare die for use in drive-motor inverters of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs) and other electric vehicles (xEVs) on November 14. Mitsubishi Electric's first standard-specification SiC-MOSFET power semiconductor chip will enable the company to respond to the diversifi.

Mitsubishi Electric to Ship Samples of SiC-MOSFET Bare Die for xEVs

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the second quarter (first half), ended September 30, 2024, of the current fiscal year ending March 31, 2025 (fiscal 2025). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/news Consolidated Financial Results Billions of yen H1 FY24 H1 FY25 YoY Revenue 2,538.4 2,643.5 +105.1 104% Operating profit 1.

Mitsubishi Electric Announces Consolidated Financial Results for the Second Quarter (First Half) of Fiscal 2025

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has resolved to pay an interim dividend of 20 yen per share for the first half of fiscal 2025, as of the record date of September 30, 2024. For fiscal 2025, the company plans to pay a year-end dividend of 30 yen per share, as of the record date of March 31, 2025, from the perspective of providing appropriate returns to shareholders in line with the level of stockholders' equity and.

Mitsubishi Electric Announces Dividend for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024) and Dividend Forecast for Fiscal 2025 (April 1, 2024 – March 31, 2025)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its U.S. subsidiary Mitsubishi Electric Power Products, Inc., headquartered in Pittsburgh, Pennsylvania, will invest approx. USD 86 million (approx. 12 billion yen) in advanced switchgear production and power electronics in the U.S. This investment is driven by the increasing demand for transmission and distribution grid products as the U.S. moves toward its renewable energy and decarbonization goals. Com.

Mitsubishi Electric to Strengthen Production Facilities for Energy System Business in U.S. and Japan

WARRENDALE, Pa.--(BUSINESS WIRE)--Mitsubishi Electric Power Products, Inc. (“MEPPI”), in collaboration with its parent company Mitsubishi Electric Corporation (“MELCO”) in Japan, announced an $86 million investment in advanced switchgear production and power electronics in the U.S. This investment is driven by the increasing demand for transmission and distribution grid products as the U.S. moves toward renewable energy and decarbonization goals. Mitsubishi Electric Corporation's approval of th.

Mitsubishi Electric Power Products Inc. to Build a Manufacturing Factory in Western Pennsylvania as Part of an $86 Million Investment in Advanced Switchgear and Power Electronics in North America

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the upcoming launch of a new MelDIR-brand 80×60-pixel thermal-diode infrared sensor (MIR8060C1) with a 100°×73° field of view, more than double that of the company's existing thermal-diode infrared sensors, to accurately and efficiently identify people and objects. The expanded field of view will reduce the number of sensors required to effectively monitor large areas, contributing to the safety, security and.

Mitsubishi Electric to Launch 80×60-pixel Thermal-diode Infrared Sensor with More Than Double the Field of View of Existing Sensors

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Formic Technologies Inc., a U.S.-based startup company that designs, develops, and maintains industrial robots, offered through a subscription-based sales model. This is the eighth investment that the fund has made to date. In the manufacturing and logistics sectors, efforts to automate processes in response to labor shortages are rapidly advancing, leading to increa.

Mitsubishi Electric, ME Innovation Fund Invests in Formic Technologies Inc.

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the conclusion of its repurchase of company stock pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company's articles of incorporation approved by the Board of Directors on August 29, 2024, as shown below. 1. Type of Shares Repurchased: Common stock 2. Number of Shares Repurchased: 3,388,200 shares 3. Aggregate Value of Shares Repurchased: JPY 8,110,663,.

Mitsubishi Electric Announces Status and Conclusion of Company Stock Repurchase

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it signed a memorandum of understanding (MOU) yesterday with VTT Technical Research Centre of Finland Ltd., headquartered in Espoo, Finland and headed by CEO Antti Vasara, to collaborate on the development of key nature-positive technologies, which are initially expected to include direct ocean capture (DOC) technology for the direct removal of CO2 from seawater. Together with VTT, the largest comprehensi.

Mitsubishi Electric and VTT of Finland to Develop Technology for Direct Capturing of CO2 from Oceans

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that seven papers submitted by researchers at its Information Technology R&D Center (Kamakura City, Kanagawa Prefecture) and Mitsubishi Electric Research Laboratories, Inc. (MERL), a subsidiary located in the United States (Cambridge, Massachusetts), have been accepted at IEEE/RSJ International Conference on Intelligent Robots and Systems (IROS) 2024. IROS is a leading conference in the fields of AI and rob.

Seven Papers from Mitsubishi Electric's Researchers Accepted at IROS2024

SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC introduces the s-MEXT indoor unit, a Computer Room Air Conditioning (CRAC) unit for I.T. cooling applications.

Mitsubishi Electric Trane HVAC US Introduces s-MEXT Precision Cooling Solutions

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will organize an exhibit during the Japan International Aerospace Exhibition 2024 (JA2024) at the Tokyo Big Sight exhibition complex (Block W1-007, West Hall 1) from October 16 to 19. The company will exhibit a range of initiatives focused on contributing to creation of a safe and secure society and sustainable development through satellite development, satellite data solutions, transfer vehicle and lu.

Mitsubishi Electric to Exhibit at Japan International Aerospace Exhibition 2024

TOKYO--(BUSINESS WIRE)--SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (“Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary”). Following the share transfer, the company was renamed MD LOGIS CO.

Mitsubishi Electric Logistics Corporation Becomes Seino Subsidiary and Renamed MD LOGIS CORPORATION

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Power Device Works' Fukuyama Factory has begun large-scale supply of power semiconductor chips made from 12-inch silicon (Si) wafers for the assembly of semiconductor modules, effective immediately. The advanced Si power-semiconductor modules will initially be used in consumer products. Going forward, Mitsubishi Electric expects to contribute to green transformation (GX) by providing a stable and time.

Mitsubishi Electric Begins Supplying Power Semiconductor Chips Made from 12-inch Wafers for Semiconductor Module Assembly

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will collaborate with the ASEAN Football Federation (AFF) to co-organize football clinics for children in Southeast Asia when the ASEAN Mitsubishi Electric CupTM 2024 trophy tour visits local cities between September 28 and November 9. Mitsubishi Electric is the title partner of the ASEAN Mitsubishi Electric Cup 2024, a biennial tournament that the AFF will organize for 11 Southeast Asian national team.

Mitsubishi Electric to Hold Football Clinics for Children in Southeast Asia Ahead of ASEAN Mitsubishi Electric CupTM 2024

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Italian subsidiary Mitsubishi Electric Klimat Transportation Systems S.p.A. has received an order from Siemens Mobility GmbH for 1,350 Heating, Ventilation and Air Conditioning (HVAC) systems that use the natural propane refrigerant R290, which will be installed in next-generation trains of the S-Bahn rail system in Munich, Germany. The Mitsubishi Electric subsidiary, which will be the first Japanese.

Mitsubishi Electric's Italian Subsidiary Is First Japanese Affiliate to Receive Order for R290 HVAC Systems for German S-Bahn Trains

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that all success criteria, including an additional success, were achieved without performance degradation during a six-month on-orbit demonstration of its laser source module after extensive evaluation. Mitsubishi Electric conducted the test last year with a module it developed using low-cost commercial off-the-shelf (COTS) components. This is the first time in the world that the performance degradation of opti.

Mitsubishi Electric Achieves All Success Criteria for Orbital Demonstration of the Laser Source Module for Space Optical Communication

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has joined the 30% Club Japan, part of a global campaign to increase the ratio of women in key corporate decision-making positions. Founded in the United Kingdom in 2010, the 30% Club has expanded to more than 20 countries, and in Japan it has set a target of at least 30% women on TOPIX 100 company boards by 2030. As part of its goal to realize Circular Digital-Engineering, Mitsubishi Electric is commi.

Mitsubishi Electric Joins 30% Club Japan to Support Increases in Female Corporate Executives

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will exhibit advanced technologies and solutions under the theme of “Transforming the world through serendipity” during CEATEC 2024 at Makuhari Messe (Block 5H103, Exhibition Hall No. 5) in Chiba, Japan from October 15 to 18. CEATEC 2024 will be a comprehensive exhibition of digital innovation, gathering people, technologies and information from diverse industries and business sectors to envision Socie.

Mitsubishi Electric to Exhibit at CEATEC 2024

NORTHVILLE, Mich.--(BUSINESS WIRE)-- #AIPowered--Mitsubishi Electric Automotive America's Urban Hawk™ helps urban planners and city leaders identify and address road-related problems and hazards.

Mitsubishi Electric Automotive America Introduces Urban Hawk™ Infrastructure Asset Management Platform for Cities, Municipalities

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has built undersea conservation fences off Iriomote Island, Okinawa Prefecture, to protect tape seagrass, a Category II vulnerable species on the Ministry of the Environment's Red List, and donated the fences to the town of Taketomi in Yaeyama County, Okinawa Prefecture, which administers the island, during a ceremony on September 2. In Japan, Tape seagrass, a species of the Hydrocharitaceae family tha.

Mitsubishi Electric Builds Conservation Fences to Protect Seagrass Off Iriomote Island, Okinawa and Donates Them to Taketomi Town

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has signed an agreement with Siemens Energy Global GmbH & Co. KG headquartered in Munich, Federal Republic of Germany, to co-develop Direct Current (DC) Switching Stations and DC Circuit Breaker requirement specifications. The agreement aims to realize Multi-terminal High Voltage DC (HVDC) systems to enable efficient operation of large-scale renewable energy resources. This is the first concrete in.

Mitsubishi Electric Receives Contract from Siemens Energy for Co-development of DC Switching Stations and DC Circuit Breaker Requirement Specifications

SUWANEE, Ga.--(BUSINESS WIRE)--METUS introduces kenza cloud®, empowering commercial customers to remotely control, monitor, and analyze their Mitsubishi Electric VRF systems.

Mitsubishi Electric Trane HVAC US Introduces kenza cloud ®

NORTHVILLE, Mich.--(BUSINESS WIRE)-- #Automation--Mitsubishi Electric Automotive America (MEAA) has introduced the HubPilot™ autonomous distribution yard logistics platform as a service (PaaS).

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