Mitsubishi Electric Corporation (MIELY)

OTCMKTS · Delayed Price · Currency is USD
37.40
-1.28 (-3.31%)
Mar 28, 2025, 3:51 PM EST
11.00%
Market Cap 39.25B
Revenue (ttm) 34.83B
Net Income (ttm) 2.21B
Shares Out n/a
EPS (ttm) 1.06
PE Ratio 17.79
Forward PE n/a
Dividend 0.34 (0.88%)
Ex-Dividend Date Mar 28, 2025
Volume 1,000
Average Volume 91,026
Open 38.11
Previous Close 38.68
Day's Range 37.37 - 37.65
52-Week Range 25.27 - 41.79
Beta 0.65
RSI 54.10
Earnings Date Apr 28, 2025

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]

Sector Industrials
Founded 1921
Employees 149,134
Stock Exchange OTCMKTS
Ticker Symbol MIELY
Full Company Profile

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 Statements

News

Nvidia And Apple Supplier Foxconn To Present EV Plans At Japan Seminar Following Mitsubishi Deal: Report

Foxconn Technology Group, also known as Hon Hai Precision (OTC: HNHPF), is poised to make significant strides in the electric vehicle market, announcing a strategic seminar in Japan on Apr. 9 to demo...

2 days ago - Benzinga

Mitsubishi Electric Researcher Named Kaggle Competitions Master in World's Largest AI Competition

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Dr. Kenji Ueda, a researcher at the company's Advanced Technology R&D Center in Japan, has been awarded the t...

2 days ago - Business Wire

Tokyo Exchange transport index stocks slammed lower after Trump's new added 25% tariff

Trump's added 25% tariff announcement earlier: Trump slaps a 25% tariff on all cars not made in the USA The USD has risen after Trump's announcement of 25% tariff on all autos not made in USA Recap of...

2 days ago - Forexlive

Mitsubishi Electric Power Products, Inc. (MEPPI) and Piclo Announce Collaboration Between MEPPI's Subsidiary, Smarter Grid Solutions Limited (SGS), and Piclo to Integrate Piclo's Marketplace Platform With SGS's Strata Grid DERMS Solution

PITTSBURGH--(BUSINESS WIRE)--Mitsubishi Electric Power Products, Inc. (MEPPI) is pleased to add Piclo's Marketplace as part of a growing list of flexibility Marketplace platform providers integrated w...

4 days ago - Business Wire

Mitsubishi Electric Power Products, Inc.'s (MEPPI) subsidiary, Smarter Grid Solutions Limited (SGS), and Clean Power Research Integrate SGS's Strata Grid DERMS Solution and Clean Power Research's PowerClerk® Workflow Automation Platform

PITTSBURGH--(BUSINESS WIRE)--Mitsubishi Electric Power Products, Inc.'s (MEPPI) and Clean Power Research are pleased to announce the completion of efforts to integrate SGS's Strata Grid Distributed En...

4 days ago - Business Wire

Mitsubishi Electric's METoA Ginza Event Space to Close on August 4

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will close METoA Ginza, an event space located in the Tokyu Plaza Ginza building in Ginza, Tokyo where vis...

4 days ago - Business Wire

iPhone supplier Foxconn close to breakthrough deal to build EVs for Mitsubishi

Deal with Japanese car group would be coup for world’s largest contract electronics manufacturer

8 days ago - Financial Times

Mitsubishi Electric to Establish FA Business Headquarters in China

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will establish Mitsubishi Electric Intelligent Manufacturing Technology (China) Group Co., Ltd. in Suzhou,...

10 days ago - Business Wire

Warren Buffett-Backed Japanese Trading Stocks Surge As Tokyo Market Digest Berkshire's Increased Stake

Shares of Japan’s five major trading houses soared on Tuesday on the Tokyo exchange after Warren Buffett ‘s Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) increased its stakes in the companies . Wh...

11 days ago - Benzinga

Mitsubishi Electric to Ship Samples of 3.6-4.0GHz, 16W GaN Power Amplifier Module for 5G Massive MIMO Base Stations

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) ...

11 days ago - Business Wire

Shares in Japan's largest trading houses rally after Buffetts Berkshire hikes stake

Shares in Itochu,Marubeni,Mitsubishi,MitsuiandSumitomo were up at least 4% shortly after the open.

11 days ago - CNBC

Buffett's Berkshire hikes stakes in five Japanese trading houses to almost 10% each

Berkshire Hathawayraised its holdings in five Japanese trading houses Itochu, Marubeni, Mitsubishi, MitsuiandSumitomo.

11 days ago - CNBC

Mitsubishi Electric Named to Clarivate Top 100 Global Innovators 2025

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has been recognized as one of the Clarivate Top 100 Global Innovators 2025 by Clarivate Plc, a global info...

16 days ago - Business Wire

ICONICS to be Renamed Mitsubishi Electric Iconics Digital Solutions

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that ICONICS, Inc., its U.S.-based software subsidiary engaged in the development, marketing and servicing of supe...

16 days ago - Business Wire

Mitsubishi Electric Automotive America Signs Agreement with Seeing Machines to Promote Guardian Generation 3 Driver Monitoring Technology Across the Americas

MASON, Ohio--(BUSINESS WIRE)-- #DataDrivenFleet--Mitsubishi Electric Automotive America signs agreement to promote Seeing Machines' Guardian Generation 3 driver monitoring solution in N. America.

25 days ago - Business Wire

Mitsubishi Electric Signs Joint Research Agreement with Six Organizations, Aiming to Achieve Deployable and Scalable Quantum Information Processing

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today it has signed a joint research agreement with Quantinuum K.K., Keio University, SoftBank Corp., Mitsui & Co., Ltd....

4 weeks ago - Business Wire

Mitsubishi Electric Develops Rapid Formal Verification Technology for AI

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed “rapid formal verification technology for AI,” targeting AI models known as decision tree en...

4 weeks ago - Business Wire

Mitsubishi Electric Develops World's First Technology that Provides Visualization of Operator Know-How from System Operation Logs

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed the world's first “Operation Log-driven Development Technology” for the development of syste...

4 weeks ago - Business Wire

Seeing Machines names Mitsubishi Electric Automotive America as a referral partner to drive accelerated sales of Guardian Generation 3 in The Americas

CANBERRA, Australia , Feb. 24, 2025 /PRNewswire/ -- Seeing Machines Limited (AIM: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve t...

4 weeks ago - PRNewsWire

Warren Buffett's Berkshire Boosts Bets On 5 Japanese Companies: Oracle Of Omaha Says Admiration 'Has Consistently Grown'

After stellar fourth-quarter earnings, Warren Buffett , in his letter to shareholders revealed that Berkshire Hathaway Inc.’s (NYSE: BRK) (NYSE: BRK) performance exceeded his expectations. However, ...

4 weeks ago - Benzinga

Idemitsu Kosan and Mitsubishi Electric Start Collaboration for Use of Biomass Plastics in Home Appliances

TOKYO--(BUSINESS WIRE)--Idemitsu Kosan Co., Ltd. (hereinafter, “Idemitsu Kosan”) and Mitsubishi Electric Corporation (hereinafter, “Mitsubishi Electric”) are pleased to announce that they have agreed ...

5 weeks ago - Business Wire

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

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its organizational changes and changes in representative executive officers, the executive officer structure, and ...

5 weeks ago - Business Wire

Mitsubishi Electric Researcher Elevated to IEEE Fellow, Class of 2025

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Dr. Stefano Di Cairano of Mitsubishi Electric Research Laboratories, Inc. (Cambridge, MA, USA) has been eleva...

5 weeks ago - Business Wire

Mitsubishi Electric to acquire stake in Taiwan’s HD Renewable Energy

Mitsubishi Electric partners with HD Renewable Energy to advance carbon neutrality via a joint venture.

5 weeks ago - Seeking Alpha