Mitsubishi Electric Corp

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q2 2025

Earnings data Q1 2025

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 has been awarded a contract by the Japan Aerospace Exploration Agency (JAXA) to supply space-use lithium-ion batteries for the Gateway, a lunar orbiting space station. Under the “Joint Exploration Declaration of Intent for Lunar Cooperation (JEDI)” signed on July 10, 2020 by the Ministry of Education, Culture, Sports, Science, and Technology of Japan and the National Aeronautics and Space Administration.

Mitsubishi Electric Wins Contract to Supply Space-use Lithium-ion Batteries for “Gateway” Lunar Orbital Platform

SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC is the first manufacturer to receive the Energy Skilled recognition from the Department of Energy.

Mitsubishi Electric Trane HVAC US First Manufacturer to Earn New Department of Energy Training Recognition

Apple

Advanced Micro Devices

Alphabet

GlaxoSmithKline

NVIDIA

Yesterday, the biggest company in the world in terms of market cap reported its latest earnings. But Apple Inc. is far from the only blue chip stock around.

5 best blue chip stocks to invest in for sustainable gains in May – excluding Apple Inc. (AAPL)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for fiscal 2024 (April 1, 2023 - March 31, 2024). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/news Consolidated Financial Results Revenue: 5,257.9 billion yen (5% increase year-on-year) Operating profit: 328.5 billion yen (25% increase year-on-year) Profit before income taxes: 365.8 billion yen (.

Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2024

LONDON & SEATTLE--(BUSINESS WIRE)--Soracom, Inc., a global provider of advanced Internet of Things (IoT) connectivity, today announced that Mitsubishi Electric Europe B.V. has chosen Soracom to add cellular connectivity to MELCloud™, a next-generation, cloud-based remote management system for Mitsubishi Electric air conditioning, heating, and heat recovery/ventilation products. Demand for climate control systems that can maintain comfort while conserving energy is growing in Europe, driven both.

Mitsubishi Electric Europe Selects Soracom to Connect Cloud-Enabled HVAC Systems

TOKYO--(BUSINESS WIRE)--Hitachi Industrial Equipment Systems Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (Head Office: Chiyoda-ku, Tokyo; President & CEO: Kei Uruma; hereinafter “Mitsubishi Electric”) today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric's Nagoya Works, which develops and manufactures factory au.

Mitsubishi Electric to Transfer Distribution Transformer Business to Hitachi Industrial Equipment Systems

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its wholly owned subsidiaries Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. and Mitsubishi Electric Europe B.V. wholly acquired AIRCALO, an air-conditioning company in France, on April 2. Going forward, Mitsubishi Electric expects to leverage AIRCALO's broad product line and strong customization capabilities to expand and upgrade its hydronic HVAC systems business in the diversifying Europ.

Mitsubishi Electric Subsidiaries Acquire French A/C Maker AIRCALO

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 April 28, 2023, as shown below. Mainly due to a rise in the share price during the repurchase period, neither the total number of shares repurchased nor the aggregate value of shares.

Mitsubishi Electric Announces Conclusion of Company Stock Repurchase

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation is pleased to announce the commencement of operations of its new subsidiary, Mitsubishi Electric Mobility Corporation, which was formed as part of the planned spin-off of Mitsubishi Electric's automotive-equipment business. The name was announced on December 1, 2023. As a member of the Mitsubishi Electric Group, Mitsubishi Electric Mobility will contribute to the realization of a prosperous future mobility society through constant technolo.

Mitsubishi Electric Mobility Commences Operations

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announces that the candidates for Directors, who will be proposed for election at the Ordinary General Meeting of Shareholders scheduled for June 2024, were elected at the meeting of the Nomination Committee held on March 29, 2024. 1. Director Candidates (current positions) Tatsuro Kosaka (Director (Senior Advisor, Chugai Pharmaceutical Co., Ltd.)) Hiroyuki Yanagi (Director (Adviser, Yamaha Motor Co., Ltd.)) Masako Egawa (Dire.

Mitsubishi Electric Announces Director Candidates

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will begin shipping samples of its latest optical device, a DFB-CAN with built-in wavelength monitor, on April 1. This innovative new light source, the industry's first to use the TO-56CAN package for digital coherent communication capable of high-speed, long-distance transmission, is expected to contribute to the realization of ultra-small, low-power consumption of optical transceiver modules. Communic.

Mitsubishi Electric to Ship Samples of DFB-CAN with Built-in Wavelength Monitor for Digital Coherent Communication

SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC (METUS) announces the introduction of Premier Wall-mounted Indoor Units (MSZ-GS/MSY-GS).

Introducing Premier Wall-Mounted Indoor Units from Mitsubishi Electric Trane HVAC US

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its environmental efforts related to supply chains have earned the company designation as a 2023 “Supplier Engagement Leader,” the highest ranking in the CDP Supplier Engagement Rating program operated by CDP, an international non-profit organization that supports environmental disclosure. This is the fourth consecutive year since 2020 and seventh time in which Mitsubishi Electric has earned a top ranking.

Mitsubishi Electric Named to CDP Supplier Engagement Leader

FANUC Corp

Christian Heck of First Eagle makes the case that Japan's stock market is still inexpensive as its companies improve

Why Japan's stock market could keep soaring — plus three stock picks there

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has reached agreement with Nozomi Networks Inc, a developer and distributor of operational technology (OT) security solutions, to jointly pursue OT security initiatives including marketing and technical development. As part of the agreement, Mitsubishi Electric has acquired an equity stake in Nozomi Networks. Mitsubishi Electric will integrate its factory-automation (FA) equipment and OT security soluti.

Mitsubishi Electric and Nozomi Networks to Expand Operational Technology Security Business

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it ranked fourth globally and first among Japanese companies in terms of international patent applications filed in 2023 according to the Switzerland-based World Intellectual Property Organization (WIPO). A high level of both ranking and the number of patent applications reflect Mitsubishi Electric's strategy to actively promote international patent applicants along with the globalization of its business.

Mitsubishi Electric Ranked 4th Globally and 1st Among Japanese Companies in International Patent Applications Filed in 2023

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has signed an agreement with Dispel LLC, a developer and distributor of secure remote-access and operational-management solutions, to expand their operational technology (OT) security business through marketing and technical development. Remote maintenance, which involves utilizing internet technology to monitor and troubleshoot production lines from remote locations, is attracting increasing interest d.

Mitsubishi Electric and Dispel to Expand Operational Technology Security Business

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of its new 6.5W silicon radio-frequency (RF) high-power metal-oxide semiconductor field-effect transistor (MOSFET) for use in RF high-power amplifiers of commercial handheld two-way radios (walkie-talkies) on February 28. The model, which achieves an industry-leading 6.5W output power from a 3.6V single-cell lithium-ion battery, is expected to extend the range and reduce the.

Mitsubishi Electric to Release 6.5W Silicon RF High-power MOSFET Samples for Commercial Handheld Two-way Radios

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announces an organizational changes and changes in the executive officer structure, and division of duties effective April 1, 2024, pursuant to a resolution passed during a regular meeting of the Board of Directors held on February 20, 2024. The company also announces Executive Officers (Associate) to be appointed on the same date. 1. Organizational Changes (effective April 1, 2024) (1) Establishment of Sustainability Innovat.

Mitsubishi Electric Announces Organizational Changes and Changes in Executive Officers, and Executive Officers (Associate) Effective April 1

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its dividend forecast for the current fiscal year ending March 31, 2024 (fiscal 2024). The full document on Mitsubishi Electric's dividend policy can be viewed at the following link: www.MitsubishiElectric.com/news The company plans to pay a year-end dividend of 30 yen per share, as of the record date of March 31, 2024, with due consideration on performance and financial standing in fiscal 2024. The actual div.

Mitsubishi Electric Announces Dividend Policy for Fiscal 2024 (April 1, 2023 – March 31, 2024)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Dr. Shumpei Kameyama of Mitsubishi Electric's Information Technology R&D Center (Kamakura, Japan) and Dr. Jonathan Le Roux of Mitsubishi Electric Research Laboratories, Inc. (Cambridge, MA, USA) have been awarded the title of IEEE Fellow. IEEE, the world's largest association of some 420,000 professionals engaged in electrical/electronic engineering and information/communication technology in 160 coun.

Two Mitsubishi Electric Researchers Elevated to IEEE Fellows, Class of 2024

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the international nonprofit CDP has once again given Mitsubishi Electric its highest “A List” ranking for Climate Change and Water Security activities. The top ratings recognize the environmental focus of Mitsubishi Electric's commercial activities and goals as well as the company's timely and appropriate information disclosure. Mitsubishi Electric has been named to the A List six different times in each.

Mitsubishi Electric Again Named to CDP's Climate and Water “A List” for 6th Time

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its new Environmental Plan 2025, from April 2024 to March 2026, based on the company's Environmental Vision 2050 long-term commitments to addressing environmental issues. The company also announced updated greenhouse gas emissions-reduction targets through 2030 for its corporate group, which have been certified by the Science Based Targets Initiative (SBTi) for conformance with the Paris Agreement's 1.5°C traj.

Mitsubishi Electric Unveils Short-term Environmental Plan and Updated SBTi-certified Targets in Line with 1.5°C Trajectory

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its consolidated financial results for the first 9 months and third quarter, ended December 31, 2023, of the current fiscal year ending March 31, 2024 (fiscal 2024). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/news 1. Consolidated First 9 Months Results (April 1, 2023 – December 31, 2023) Revenue: 3,782.4 billion yen (6% increase y.

Mitsubishi Electric Announces Consolidated Financial Results for the First 9 Months and Third Quarter of Fiscal 2024

As of December 31, 2023, Mitsubishi Electric has completed 74% of its current share buyback plan, which expires at the end of March this year. There are signs suggesting that a turnaround is in sight for Mitsubishi Electric's factory automation systems business. Mitsubishi Electric's recent corporate developments send a clear signal that the company has plans to capitalize on growth opportunities brought about by emerging trends.

News for Mitsubishi Electric Corp Stock (MIELY)