Mitsubishi Electric Corporation (MIELY)
| Market Cap | 34.91B |
| Revenue (ttm) | 37.43B |
| Net Income (ttm) | 1.98B |
| Shares Out | n/a |
| EPS (ttm) | 0.95 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 0.42 (1.25%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 52,800 |
| Open | 33.10 |
| Previous Close | 33.97 |
| Day's Range | 33.10 - 33.68 |
| 52-Week Range | 25.27 - 38.48 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 31, 2024 |
About Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive... [Read more]
Financial Performance
In 2023, Mitsubishi Electric's revenue was 5.26 trillion, an increase of 5.08% compared to the previous year's 5.00 trillion. Earnings were 284.95 billion, an increase of 33.21%.
Financial numbers in JPY Financial StatementsNews
Mitsubishi Electric's Power Device Works to Construct New Plant
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 po...
Mitsubishi backs Ample’s radical approach to charging EV batteries
Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology. The company has spent the last three years piloting its electric...
Mitsubishi Electric to Ship Samples of SiC-MOSFET Bare Die for xEVs
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 (...
Nissan (NSANY) Announces Global Job Cuts and Stake Reduction in Mitsubishi
Nissan (NSANY) Announces Global Job Cuts and Stake Reduction in Mitsubishi
Nissan, Mitsubishi to Form Joint Venture for Autonomous Driving Services, EV Batteries
Nissan, Mitsubishi to Form Joint Venture for Autonomous Driving Services, EV Batteries
Azad Engineering secures 700 cr Mitsubishi order
Azad Engineering Ltd has secured an ₹700 crore ($82.89 million) order from Mitsubishi Heavy Industries for supplying precision components for advanced power turbine engines over a five-year period. Th...
Wall Street Breakfast Podcast: Nissan, Mitsubishi To Form Robotaxi, EV Battery JV
Nissan, Mitsubishi to form JV for robotaxi, EV battery services. Stonepeak near deal to acquire Air Transport Services Group in $3.1B deal. Palantir Q3 Earnings Preview.
Mitsubishi Motors Oman extends Buy Now and Pay Later promotion
This special offer will now be available for an additional month, providing exceptional value for customers looking to purchase a new Mitsubishi vehicle
Nissan, Mitsubishi to form JV for robotaxi, EV battery services - report
Nissan and trading giant Mitsubishi will reportedly form a joint venture for services involving EVs and self-driving cars. Read more.
Azad Engineering bags Rs 700 crore order from Japanese giant Mitsubishi
Hyderabad-based Azad Engineering Ltd wins a $82.89 million contract from Japan’s Mitsubishi Heavy Industries Ltd to supply complex airfoils for advanced gas and thermal power turbine engines over five...
Mitsubishi and Nissan to Form Joint Venture for Autonomous and EV Battery Services
Mitsubishi and Nissan to Form Joint Venture for Autonomous and EV Battery Services
Mitsubishi Electric declares interim, year-end dividend
Mitsubishi Electric reports 1H results
Mitsubishi Electric reports a 1H operating profit of ¥176.6B and revenue of ¥2.64T, showing a 3.9% increase year over year.
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 its consolidated financial results for the second quarter (first half), ended September 30, 2024, of the current f...
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 the Board of Directors has resolved to pay an interim dividend of 20 yen per share for the first half of fisc...
Mitsubishi Electric to Strengthen Production Facilities for Energy System Business in U.S. and Japan
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...
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
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 mill...
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 the upcoming launch of a new MelDIR-brand 80×60-pixel thermal-diode infrared sensor (MIR8060C1) with a 100°×73° fi...
Ayala Says Mitsubishi Ties Can Extend to Health, Infrastructure
Philippine conglomerate Ayala Corp. may expand its partnership with Mitsubishi Corp. into healthcare, infrastructure and property after the Japanese firm’s investment into Ayala’s fintech arm, its CEO...
Mitsubishi Electric, ME Innovation Fund Invests in Formic Technologies Inc.
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, d...
Mitsubishi Buys Into Top Philippine Fintech For $319 Million
Mitsubishi Corp. will pay 18.4 billion pesos ($319 million) to buy half of a Philippine company that owns a stake in the nation’s biggest fintech platform GCash.
Mitsubishi Buys Stake in Top Philippine Fintech For $318 Million
Mitsubishi Corp. will pay 18.4 billion pesos ($318 million) to buy half of a Philippine company that owns a stake in the nation’s top fintech platform GCash.
Mitsubishi teases all-new seven-seater SUV; Here’s what to expect
Mitsubishi is set to unveil an exciting new addition to its SUV lineup this month, with the Japanese brand teasing an all-new seven-seater SUV ahead of the Philippine Motor Show. Although the Japanese...
Empower signs agreement with Mitsubishi for 18 advanced chillers
Order could be increased to 100,000 RT capacity; Will serve new projects in Deira Waterfront, Jumeirah Village and Al Sufouh
Mitsubishi Electric Announces Status and Conclusion of Company Stock Repurchase
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 Co...