Mitsubishi Electric Corp

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q2 2025

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 begin shipping samples of its new 200Gbps PIN-photodiode (PD) chip for use in next-generation optical transceivers to support 800Gbps and 1.6Tbps fiber communication from October 1 this year. The addition of the new receiver chip to Mitsubishi Electric's optical device lineup will enable existing devices capable of transmitting at 800Gbps/1.6Tbps to newly receive optical data at these same speeds,.

Mitsubishi Electric to Ship Samples of 200Gbps PIN-PD Chip for Both 800Gbps and 1.6Tbps Optical-fiber Communication

Mitsubishi Electric Corporation (OTCPK:MIELY) Q1 2025 Earnings Conference Call July 31, 2024 2:30 AM ET Company Participants Kuniaki Masuda – Executive Officer, Chief Financial Officer Conference Call Participants Unidentified Company Representative Now we would like to start Mitsubishi Electric Corporation's Consolidated Financial Results Briefing for Fiscal 2025. Thank you very much for joining today out of your very busy schedule.

Mitsubishi Electric Corporation (MIELY) Q1 2025 Earnings Call Transcript

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the first quarter, ended June 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 Q1 FY24 Q1 FY25 YoY Revenue 1,220.3 1,286.4 +66.1   105% Operating profit 61.0 58.6 -2.3   96.

Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2025

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has received an order from Kansai Transmission and Distribution, Inc. (Osaka, Japan) for its 84kV dry air insulated switchgear, a new environmentally friendly, greenhouse gas-free product for use in gas-insulated switchgear (GIS) to be installed in substations. Mitsubishi Electric is the first company in Japan to develop GIS which does not utilize greenhouse gases, with two of the main components—vacuu.

Mitsubishi Electric Receives Order for 84kV Dry Air Insulated Switchgear from Electric Power Company in Japan

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has launched a railway data analysis service utilizing SerendieTM, its digital platform for the optimal use of energy and the optimal deployment and operation of railway assets by railway companies. The new service is available for immediate use. In the railway industry, various measures aiming at the realization of carbon neutrality and decarbonization are being implemented. These include the use of r.

Mitsubishi Electric Launches Railway Data Analysis Service Utilizing Serendie Digital Platform

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that, in cooperation with system integrator Glory Technology Service Inc. and Taiwan's leading telecommunications company Chunghwa Telecom Co., Ltd., it has supplied Taiwan Power Company (Taipower) with a headend system as the central point for managing and controlling smart meters, and also communication modules to be embedded into the smart meters and data concentrator units. The system is already in partial.

Mitsubishi Electric Delivers Smart-meter System to Taiwan Market as First Overseas Project

SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC announces its upcoming launch of a new line of products utilizing a low GWP refrigerant.

Mitsubishi Electric Trane HVAC US Announces New Lower GWP Product Collection

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that a team of three data scientists, Yuya Shintani, Kento Okumura and Shoma Fukuhara from the Mitsubishi Electric DX Innovation Center, won a gold medal in the Home Credit – Credit Risk Model Stability competition hosted by Google LLC subsidiary Kaggle INC., the world's largest AI competition platform. In addition, Messrs. Shintani and Okumura were each awarded the title of Kaggle Competition Master for cumul.

Mitsubishi Electric Data Scientist Team Wins Gold in Kaggle Competition

TOKYO--(BUSINESS WIRE)--SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) have today concluded a stock purchase agreement under which Seino will acquire 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation currently held by Mitsubishi Electric, and a shareholder agreement governing arrangements among shareholders regarding the business operations of the logistics company after the transaction. Subject to regulatory appr.

Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of 8W and 14W gallium nitride (GaN) monolithic microwave integrated circuit (MMIC) power amplifiers for use in Ka-band satellite-communication (SATCOM) earth stations from July 1. While the mainstream frequency for satellite communications is currently the Ku-band (13GHz to 14GHz), the higher frequency Ka-band (27.5GHz to 31GHz) offers multi-beam technology and much wider ba.

Mitsubishi Electric to Ship Samples of GaN MMIC Power Amplifier for Ka-band SATCOM Earth Stations

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Pente Networks Inc., a U.S.-based startup company that provides Infrastructure-as-a-Service (IaaS) to promote the introduction of private LTE/5G networks for enterprises. This is the seventh investment that the fund has made to date. While private LTE/5G networks have increasingly been introduced in the U.S. since prices for both 5G devices and 5G base stations have.

Mitsubishi Electric, ME Innovation Fund Invests in Pente Networks Inc.

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has begun shipping low-current 3.3kV/400A and 3.3kV/200A versions of a Schottky barrier diode (SBD) embedded silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) module for large industrial equipment, including rolling stock and electric power systems, from today, June 10. Together with the existing 3.3kV/800A version, the newly named UnifullTM series comprises three modules.

Mitsubishi Electric Ships Two New SBD-embedded SiC-MOSFET Modules

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a web-based service on June 28 to provide data on the design and validation of a proprietary prototype inverter equipped with a module containing three LV100 insulated gate bipolar transistors (IGBTs), aiming to help customers accelerate their development of high-power inverters for applications such as photovoltaic power-generation systems. Customers involved in developing prototype invert.

Mitsubishi Electric to Launch Support Service for Accelerated System Development with LV100 Power Semiconductors

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of a new 16W-average-power gallium nitride (GaN) power amplifier module (PAM) for 5G massive MIMO (mMIMO) base stations on June 11. PAMs, which can be used in 32T32R mMIMO antennas to reduce the manufacturing cost and power consumption of 5G mMIMO base stations, are expected to be increasingly deployed as 5G networks expand from urban centers to regional areas. Mitsubishi El.

Mitsubishi Electric to Ship Samples of 16W GaN Power Amplifier Module for 5G Massive MIMO Base Stations

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has launched the SerendieTM digital platform, effective immediately, to facilitate co-creation initiatives aimed at accelerating the company's transformation into a “Circular Digital-Engineering Company.” Through Serendie (a portmanteau of “serendipity” and “digital engineering”), Mitsubishi Electric expects to create sustainable future value by leveraging technological expertise and creativity synthesi.

Mitsubishi Electric Launches Serendie™ Digital Platform for Value Co-creation

BOSTON--(BUSINESS WIRE)-- #Mitsubishi--Realtime Robotics opened its Series B funding round with a strategic investment by Mitsubishi Electric Corporation.

Mitsubishi Electric Corporation Leads Series B Investment in Realtime Robotics

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will increase its existing investment in Massachusetts-based Realtime Robotics, Inc., an American startup company that is pioneering motion-planning technology for calculating trajectories to enable factory-automation (FA) equipment to avoid obstacles and generate optimized routes. By expanding the use of Realtime Robotics' advanced technology in Mitsubishi Electric's FA solution software products and c.

Mitsubishi Electric to Increase Stake in Realtime Robotics to Support Expanded Use of Motion-planning Technology in FA Products

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will acquire an 80% stake in Fuji Bakelite Vietnam Co., Ltd. in outskirts of Hanoi, a subsidiary of Fuji Bakelite Co., Ltd. in Okayama Prefecture, Japan. The new joint venture (JV) company, to be named Mitsubishi Electric FP Automation Vietnam Co., Ltd., will be established on June 1 and will begin production of air circuit breakers from January 2025, in addition to the current company's existing line.

Mitsubishi Electric to Establish Vietnamese JV for FA Products

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has been awarded the GUINNESS WORLD RECORDSTM title for the fastest robot to solve a puzzle cube using a robot equipped with high-speed, high-precision factory automation (FA) equipment and control technology. The robot's time of 0.305 second beat the previous record of 0.38 second, for which Mitsubishi Electric received a GUINNESS WORLD RECORDS certificate on May 21. The TOKUI Fast Accurate Synchroniz.

Mitsubishi Electric Recognized by GUINNESS WORLD RECORDS for the Fastest Robot to Solve a Puzzle Cube

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will begin offering heat-related total solutions as a service from May 31 to enable manufacturers, building owners and heat-supply operators to reduce their electricity and heat-energy costs and achieve greater decarbonization. As one of the company's newest Energy & Facility (E&F) solutions, the one-stop service will combine customized consulting, heat-system designing as well as the provision.

Mitsubishi Electric to Provide Heat-related Total Solutions to Reduce Energy Costs and Support Decarbonization

SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC recognized its top distributors as honorees during the 2023 Diamond Leadership Conference March 15-18, 2024.

Mitsubishi Electric Trane HVAC US Celebrates Distributors' Achievements at 2023 Diamond Leadership Awards Ceremony

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the German branch of its wholly owned subsidiary Mitsubishi Electric Europe B.V. has signed a development partnership agreement with the State of Berlin, represented by Tegel Projekt GmbH, to join its smart-city redevelopment project Berlin TXL. Berlin TXL was launched in 2021 to create a smart city on the vast five-square-kilometer site of the former Berlin Tegel Airport, which closed in 2020. The projec.

Mitsubishi Electric Subsidiary Joins Smart City Development Project at Former Berlin Tegel Airport

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (Chiyoda-ku, Tokyo) and Musashi Energy Solutions Co., Ltd. (Hokuto City, Yamanashi Prefecture), a subsidiary of Musashi Seimitsu Industry Co., Ltd. (Toyohashi City, Aichi Prefecture), announced today their signing of a partnership and co-development agreement on May 14 for Innovative Energy Storage Devices to be incorporated into Innovative Energy Storage Modules, and Battery Management Systems (BMSs) that monitor and control battery usage.

Mitsubishi Electric and Musashi Energy Solutions Sign Partnership and Co-Development Contract

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Board of Directors has resolved to pay an year-end dividend of 30 yen per share for fiscal 2024, as of the record date of March 31, 2024, with due consideration of the company's performance and financial standing during the respective fiscal year. For the first half of fiscal 2025, the company plans to pay an interim dividend of 20 yen per share, as of the record date of September 30, 2024, with due co.

Mitsubishi Electric Announces Dividend for Fiscal 2024 (April 1, 2023 – March 31, 2024) and Dividend Forecast for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its cancellation of treasury stock pursuant to the provisions of Article 178 of the Companies Act, as shown below. 1. Class of shares to be cancelled:   Common stock 2. Number of shares to be cancelled:   34,000,000 shares (1.58% of total number of issued shares before the cancellation) 3. Cancellation date:   May 31, 2024 (For reference) 1. Total number of shares issued after the cancellation   2,113,201,551 s.

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