Mitsubishi Electric Corporation (TYO: 6503)
Market Cap | 4.72T |
Revenue (ttm) | 5.32T |
Net Income (ttm) | 276.25B |
Shares Out | 2.09B |
EPS (ttm) | 132.29 |
PE Ratio | 17.10 |
Forward PE | 14.82 |
Dividend | 50.00 (2.19%) |
Ex-Dividend Date | Sep 27, 2024 |
Volume | 5,510,400 |
Open | 2,160.00 |
Previous Close | 2,279.00 |
Day's Range | 2,155.50 - 2,271.00 |
52-Week Range | 1,651.50 - 2,942.50 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 28, 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 StatementsNews
Mitsubishi Electric Automotive America Introduces Urban Hawk™ Infrastructure Asset Management Platform for Cities, Municipalities
NORTHVILLE, Mich.--(BUSINESS WIRE)-- #AIPowered--Mitsubishi Electric Automotive America's Urban Hawk™ helps urban planners and city leaders identify and address road-related problems and hazards.
MP ‘deeply concerned’ as 440 jobs at heat pump factory are put at risk
The Mitsubishi Electric factory in Livingston employs about 1,600 people and makes air conditioning units in addition to heat pumps.
Mitsubishi Electric Builds Conservation Fences to Protect Seagrass Off Iriomote Island, Okinawa and Donates Them to Taketomi Town
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has built undersea conservation fences off Iriomote Island, Okinawa Prefecture, to protect tape seagrass, ...
Mitsubishi Electric, Siemens Energy teams up for deployment of DC Circuit Breaker technology
Mitsubishi Electric Receives Contract from Siemens Energy for Co-development of DC Switching Stations and DC Circuit Breaker Requirement Specifications
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has signed an agreement with Siemens Energy Global GmbH & Co. KG headquartered in Munich, Federal Republic...
Mitsubishi Electric Trane HVAC US Introduces kenza cloud ®
SUWANEE, Ga.--(BUSINESS WIRE)--METUS introduces kenza cloud®, empowering commercial customers to remotely control, monitor, and analyze their Mitsubishi Electric VRF systems.
Mitsubishi Electric Automotive America Unveils HubPilot: A Revolutionary Autonomous Distribution Yard Logistics Platform
NORTHVILLE, Mich.--(BUSINESS WIRE)-- #Automation--Mitsubishi Electric Automotive America (MEAA) has introduced the HubPilot™ autonomous distribution yard logistics platform as a service (PaaS).
Mitsubishi Electric Fights to Keep Up With AI Data Center Demand
Mitsubishi Electric Corp. is struggling to meet sustained global demand for optical components used in data centers powering artificial intelligence.
Mitsubishi Electric to Ship Samples of 200Gbps PIN-PD Chip for Both 800Gbps and 1.6Tbps Optical-fiber Communication
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of its new 200Gbps PIN-photodiode (PD) chip for use in next-generation optical...
Global Market Turmoil Tests Warren Buffett's Japanese Investments: Despite Initial 30% Plunge, Berkshire Hathaway's $20B Bet On Japan's Trading Giants Recovers
The recent global market turmoil, which originated in Japan, has had a limited impact on Warren Buffett ‘s substantial Japanese investments. Despite initial significant losses, the market managed to r...
Mitsubishi Electric Corporation (MIELY) Q1 2025 Earnings Call Transcript
Mitsubishi Electric Corporation (OTCPK:MIELY) Q1 2025 Earnings Conference Call July 31, 2024 2:30 AM ET Company Participants Kuniaki Masuda – Executive Officer, Chief Financial Officer Conference Call...
Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2025
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the first quarter, ended June 30, 2024, of the current fiscal year ending M...
Mitsubishi Electric Receives Order for 84kV Dry Air Insulated Switchgear from Electric Power Company in Japan
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has received an order from Kansai Transmission and Distribution, Inc. (Osaka, Japan) for its 84kV dry air ...
Mitsubishi Electric Launches Railway Data Analysis Service Utilizing Serendie Digital Platform
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has launched a railway data analysis service utilizing SerendieTM, its digital platform for the optimal us...
Mitsubishi Electric Delivers Smart-meter System to Taiwan Market as First Overseas Project
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that, in cooperation with system integrator Glory Technology Service Inc. and Taiwan's leading telecommunications ...
Mitsubishi Electric Trane HVAC US Announces New Lower GWP Product Collection
SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC announces its upcoming launch of a new line of products utilizing a low GWP refrigerant.
Mitsubishi Electric Data Scientist Team Wins Gold in Kaggle Competition
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that a team of three data scientists, Yuya Shintani, Kento Okumura and Shoma Fukuhara from the Mitsubishi Electric...
Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary
TOKYO--(BUSINESS WIRE)--SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) have today concluded a stock purchase agreement under which Seino will acqui...
Mitsubishi Electric to Ship Samples of GaN MMIC Power Amplifier for Ka-band SATCOM Earth Stations
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of 8W and 14W gallium nitride (GaN) monolithic microwave integrated circuit (M...
Mitsubishi Electric, ME Innovation Fund Invests in Pente Networks Inc.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Pente Networks Inc., a U.S.-based startup company that provides Infras...
Mitsubishi Electric Ships Two New SBD-embedded SiC-MOSFET Modules
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has begun shipping low-current 3.3kV/400A and 3.3kV/200A versions of a Schottky barrier diode (SBD) embedd...
Mitsubishi Electric to Launch Support Service for Accelerated System Development with LV100 Power Semiconductors
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a web-based service on June 28 to provide data on the design and validation of a proprietary p...
Mitsubishi Electric to Ship Samples of 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) ...
Mitsubishi Electric Launches Serendie™ Digital Platform for Value Co-creation
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has launched the SerendieTM digital platform, effective immediately, to facilitate co-creation initiatives ...
Mitsubishi Electric Corporation Leads Series B Investment in Realtime Robotics
BOSTON--(BUSINESS WIRE)-- #Mitsubishi--Realtime Robotics opened its Series B funding round with a strategic investment by Mitsubishi Electric Corporation.