Mitsubishi Electric Corporation (MIELY)

OTCMKTS · Delayed Price · Currency is USD
36.06
-0.07 (-0.19%)
Apr 23, 2025, 3:39 PM EDT
13.22%
Market Cap 37.30B
Revenue (ttm) 34.83B
Net Income (ttm) 2.21B
Shares Out n/a
EPS (ttm) 1.06
PE Ratio 16.90
Forward PE n/a
Dividend 0.34 (0.94%)
Ex-Dividend Date Mar 28, 2025
Volume 4,739
Average Volume 115,693
Open 36.48
Previous Close 36.13
Day's Range 36.02 - 36.99
52-Week Range 25.27 - 41.79
Beta 0.50
RSI 51.00
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's Jensen Huang Meets Japanese PM To Discuss AI's Growing Energy Needs

On Monday, Nvidia Corp (NASDAQ: NVDA) chief Jensen Huang met with Japanese Prime Minister Shigeru Ishiba to canvass more electricity to power artificial intelligence’s needs . Huang and Ishiba discus...

2 days ago - Benzinga

Mitsubishi Electric Trane HVAC US Launches New Low GWP All-Electric, All-Climate Heat Pump Collection

SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC has launched its new, innovative line of products equipped with a low global warming potential refrigerant.

6 days ago - Business Wire

Mitsubishi Electric to Ship Full-SiC and Hybrid-SiC SLIMDIP Samples

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of two new SLIMDIP series power semiconductor modules for room air conditioner...

9 days ago - Business Wire

ForexLive Asia-Pacific FX news wrap: Yen takes some back

China's leaders will meet to discuss stimulus measures Chinese Amazon sellers warn of price hikes and market exit amid U.S. tariffs New Zealand fin min says RBNZ has ample room to lower interest rates...

14 days ago - Forexlive

Kazuyuki Masu, a former CFO of Mitsubishi, nominated to join Bank of Japan policy board

If approved by parliament, Masu will start his five-year term on July 1, replacing Toyoaki Nakamura, a former Hitachi executive known for his dovish stance on monetary policy. Masu's appointment maint...

14 days ago - Forexlive

Foxconn Eyes Nissan, Mitsubishi In Japan EV Push To Counter China's Growing Auto Threat

Electronics manufacturer Foxconn Technology Co is eyeing Japanese automakers, including Nissan Motor Co (OTC: NSANY) (OTC: NSANF), to form a Japan-Taiwan alliance. According to Nikkei Asia, Foxconn ...

14 days ago - Benzinga

Mitsubishi Electric to Ship Samples of XB Series HVIGBT Module

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of its new XB Series high-voltage insulated-gate bipolar transistor (HVIGBT) m...

16 days ago - Business Wire

Mitsubishi Electric to Support Earthquake Relief in Myanmar

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 10 million yen to aid victims and support recovery efforts following the earthquake...

17 days ago - Business Wire

Boeing Caught In A 787-Sized Problem As Tariffs Cause Turbulence

Boeing Co (NYSE: BA) just found itself in a high-altitude storm as newly announced tariffs add turbulence to its already complex supply chain. JPMorgan analyst Seth M. Seifman warns of “increased ris...

19 days ago - Benzinga

Mitsubishi (MSBHF) Unveils $27 Billion Investment Plan

Mitsubishi (MSBHF) Unveils $27 Billion Investment Plan

21 days ago - GuruFocus

Car firms fined for withholding recycling information

BMW, Ford, JLR, Peugeot Citroen, Mitsubishi, Nissan, Renault, Toyota, Vauxhall and Volkswagen have all been fined.

22 days ago - BBC

Mitsubishi Electric Announces Director Candidates

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the candidates for Directors, who will be proposed for election at the Ordinary General Meeting of Shareholde...

24 days ago - Business Wire

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...

4 weeks 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...

4 weeks 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...

4 weeks 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 weeks 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 weeks 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 weeks 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

4 weeks 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,...

5 weeks 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...

5 weeks 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) ...

5 weeks ago - Business Wire