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 to supply a communications-based train control (CBTC) wayside equipment to manage train traffic on the east end of the Queens Boulevard Line (QBL) operated by New York City Transit (NYCT), which is part of the Metropolitan Transportation Authority (MTA). Mitsubishi Electric will supply its first CBTC equipment outside of Japan and will become the MTA's first non-European CBT

Mitsubishi Electric Wins First Contract to Supply NYCT With CBTC Wayside Equipment

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announces that a new management structure will be adopted and the executive officer structure and division of duties will be changed effective April 1 2022, pursuant to a resolution passed during a regular meeting of the Board of Directors held on February 17, 2022. The Company also announces Executive Officers (Associate) to be newly appointed on the same date. 1. Management Structure In order to accelerate the Company's corp

Mitsubishi Electric Announces New Management Structure Effective April 1 and Changes in Representative Executive Officers, Executive Officers and Executive Officers(Associate)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the agreement execution date, location and president of Mitsubishi Electric Building Solutions Corporation, a new subsidiary that will be established on April 1 to manage Mitsubishi Electric's building systems management business. The details were still undecided when Mitsubishi Electric announced that it would integrate its building systems business under a subsidiary following a company split last October 18

Mitsubishi Electric Announces Details of New Building Systems Subsidiary

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its new SLIMDIP-X power semiconductor module, which achieves low thermal resistance and noise for use in home-appliance inverter systems, will be released on February 18. This new module in the SLIMDIPTM series is expected to help simplify and reduce the size of inverter systems used in products such as air conditioners, washing machines and refrigerators. Product Features 1) Reduced thermal resistance wi

Mitsubishi Electric to Launch “SLIMDIP-X” Power Semiconductor Module

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the coming launch of a half-bridge driver high-voltage (600V) integrated circuit (HVIC) equipped with a built-in bootstrap diode (BSD) function that can help to reduce the number of parts required in inverter systems. The new HVIC, which is designed for circuits that drive power semiconductors in low-capacity inverter systems, will also help to lower the power consumption of white goods, electric bikes and oth

Mitsubishi Electric to Launch Half-Bridge Driver High-Voltage (600V) IC With BSD Function

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has made its first-ever delivery of traction systems for 28 AMLD long-distance electric trains operated by French national train operator SNCF Voyageurs. With the delivery, which was made to Spanish train builder Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF), a SNCF Voyageurs contractor, Mitsubishi Electric believes that it is not only the first Japanese company to supply traction systems for

Mitsubishi Electric Makes First Delivery of Traction Systems for French National Railway Operator SNCF Voyageurs

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, 2021, of the current fiscal year ending March 31, 2022 (fiscal 2022). 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, 2021 – December 31, 2021) Revenue:   3,181.2   billion yen   (8% incr

Mitsubishi Electric Announces Consolidated Financial Results for the First 9 Months and Third Quarter of Fiscal 2022

Mitsubishi Electric, the automaker's electronics equipment manufacturing company, is starting a pilot program to explore the value of autonomous robots.

Mitsubishi partners with Cartken to break into the robotic delivery world

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has developed a prototype of the world's smallest* antenna for high-precision satellite-based positioning in four frequency bands used by the world's main satellite-positioning systems and positioning-augmentation services.** The highly compact antenna, which is expected to be installed in diverse vehicles and even drones, will accelerate high-precision satellite-based positioning for autonomous driving

Mitsubishi Electric Develops World's Smallest Antenna Prototype for High-precision Satellite-based Positioning in Four Frequency Bands

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) and Global Brain Corporation announced today their immediate launch of the ME Innovation Fund, a corporate venture capital (CVC) fund that will invest in and partner with startups across the world. The fund will operate with a commitment to invest five billion yen in capital over the next ten years. Today, open innovation has become increasingly important in the effort to adapt quickly to changes in the business world, includ

Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”

LAS VEGAS & CYPRESS, Calif.--(BUSINESS WIRE)--Mitsubishi Electric Corporation announced its HealthCam scanning technology that performs touchless, line-of-sight monitoring of vital signs at CES.

Mitsubishi Electric Unveils HealthCam Scanning Technology that Performs Touchless, Line-of-Sight Monitoring of Vitals

LAS VEGAS & CYPRESS, Calif.--(BUSINESS WIRE)-- #CES--Mitsubishi Electric today announced its CES virtual exhibits that connect and unite a sustainable smart society.

Mitsubishi Electric Demonstrates Cross-Industry Products and Technology that Connect and Unite a Sustainable Smart Society

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will exhibit at CES 2022 in Las Vegas, U.S.A. from January 5 to 8, with the concept "Smart Society." The company will introduce its vision of contributing to a vibrant and sustainable future by addressing social issues through various advanced technologies and solutions that help society connect, unite and share. The exhibit will be located in the West Hall of the Las Vegas Convention Center at booth No

Mitsubishi Electric to Exhibit at CES 2022 in Las Vegas, USA

CYPRESS, Calif.--(BUSINESS WIRE)--The Elevator and Escalator Division of Mitsubishi Electric US, Inc., headquartered in Cypress, California, hosted its second charity golf tournament on Wednesday, November 10, benefitting Folds of Honor and Warrior Dog Foundation. The tournament hosted nearly 150 Mitsubishi Electric US business partners, vendors and employee volunteers at Strawberry Farms Golf Club in Irvine, California. The event raised $60,000 from sponsorship opportunities, player registrati

Mitsubishi Electric US, Inc. Hosts Charity Golf Tournament

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed a new concept car, the EMIRAI xS Drive, equipped with near-infrared cameras and radio-wave sensors to monitor the driver and passengers and an Advanced Driver Assistance System (ADAS) to provide adaptive control of the headlights, both of which help to avoid traffic accidents. The new concept car will be exhibited at CES 2022 from this coming January 5 to 8 at the Las Vegas Convention Cen

Mitsubishi Electric Unveils "EMIRAI xS Drive" Concept Car

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest 0.6 billion Thai baht (approx. 18 million USD) to increase production capacity at the company's air-conditioner compressor production base, Siam Compressor Industry Co., Ltd (SCI), in Thailand. Annual production of scroll compressors will expand eventually to 870,000 units, up from 745,000 units. The factory will increase production beginning in October 2022. As part of the expansion, the u

Mitsubishi Electric to Increase A/C Compressor Production in Thailand

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its establishment of the Mitsubishi Electric Group AI Ethics Policy for the development and use of AI with consideration for safety and security, not just convenience. Mitsubishi Electric is now engaging stakeholders to explain its new AI ethics policy, which is predicated on the development and utilization of human-centered AI. Early this year, the company's 100 anniversary, Mitsubishi Electric announced that

Mitsubishi Electric Establishes New AI Ethics Policy

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that together with RIKEN (The Institute of Physical and Chemical Research) it has developed an AI technology that clarifies the rationale underpinning each AI-based control system to enable such systems to be deployed in infrastructure and various equipment with confidence. Mitsubishi Electric will provide the new technology in its Maisart® lineup. Features of Development 1) Step-by-step use of new AI realizes

Mitsubishi Electric's New Technology Clarifies AI Control Rationale

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 activities. The top rating 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 five different years in the climate-change categ

Mitsubishi Electric Again Named to CDP's Climate “A List”

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) and the National Institute of Advanced Industrial Science and Technology (AIST) announced today that they have developed an AI technology that predicts changes during automated manufacturing processes and then makes real-time adjustments in the factory-automation (FA) equipment, such as motion speeds, etc., during operation. In addition to eliminating the need for time-consuming manual adjustments, the AI estimates the confide

Mitsubishi Electric and AIST Develop AI Technology for Real-time Control of FA Equipment

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its SUSTIE® net zero-energy building (ZEB) test facility, which launched at the company's Information Technology R&D Center (Kamakura, Kanagawa Prefecture) in 2020, reduced its energy consumption to less than 0%, meaning that it created more energy than it consumed, in its first full year of operation. The facility, a medium-sized office building with more than 6,000m2 of floor space and equipped with

Mitsubishi Electric's Net Zero Energy Test Facility Cuts Annual Operating Energy to Below 0%

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the name of Mitsubishi Electric Building Techno-Service Co., Ltd., a new wholly owned subsidiary that will integrate the company's building systems business following a company split. The name had been undetermined at the time of the announcement “Mitsubishi Electric to Integrate Building Systems Business into Subsidiary via Company Split” dated October 18. Other than the company name being announced today, ot

Mitsubishi Electric Announces Name of Subsidiary That Will Integrate Building Systems Business Following Company Split

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the Diamond-Trac® 2, a new Diamond-Trac® Series machine room-less elevator featuring a space-saving design, enhanced operational efficiency and a touchless hall operating panel for residences, offices and hotels in the U.S. market. Mitsubishi Electric US, Inc. will commence sales on November 12, targeting more than doubling annual sales in this category per year. Product Features 1) Space-saving design for mor

Mitsubishi Electric to Launch Diamond-Trac® 2 Elevator

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its consolidated financial results for the first half and second quarter, ended September 30, 2021, of the current fiscal year ending March 31, 2022 (fiscal 2022). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/news 1. Consolidated Half-year Results (April 1, 2021 – September 30, 2021) Revenue: 2,138.3   billion yen   (12% increase fr

Mitsubishi Electric Announces Consolidated Financial Results for the First Half and Second Quarter of Fiscal 2022

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the launch of the NEXIEZ-MRL Version2 elevator, featuring more advanced specifications than the NEXIEZ-MRL model, the company's mainstay machine room-less elevator in overseas markets. In addition to operating more efficiently, the new model will help improve passenger safety, comfort and convenience by providing antivirus solutions that meet the demands of the “new normal.” Sales will commence on October 29,

News for Mitsubishi Electric Corp Stock (MIELY)