Mitsubishi Electric Corporation (TYO: 6503)
Japan
· Delayed Price · Currency is JPY | Market Cap | 5.36T |
| Revenue (ttm) | 5.36T |
| Net Income (ttm) | 283.36B |
| Shares Out | 2.08B |
| EPS (ttm) | 135.61 |
| PE Ratio | 19.05 |
| Forward PE | 16.28 |
| Dividend | 50.00 (1.97%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 2,987,800 |
| Average Volume | 3,720,815 |
| Open | 2,560.00 |
| Previous Close | 2,544.00 |
| Day's Range | 2,551.50 - 2,593.00 |
| 52-Week Range | 1,867.00 - 2,942.50 |
| Beta | 0.56 |
| RSI | 37.93 |
| Earnings Date | Jan 31, 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]
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
CORRECTING and REPLACING Mitsubishi Electric Automotive America Unveils Cloud-Connected FLEXConnect System Powered by QNX & AWS Cloud at CES 2025
LAS VEGAS--(BUSINESS WIRE)-- #AWS--Mitsubishi Electric Automotive America (MEAA) introduced FLEXConnect, its latest in-cabin cockpit system, at the Consumer Electronics Show (CES).
Mitsubishi Electric Opens “Serendie Street Yokohama” Collaboration Space
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the completion of its “Serendie Street Yokohama” project with today's opening of a co-creation area for collaborat...
Mitsubishi distributor eyes Thai air conditioner market
The local distributor of Mitsubishi electrical appliances sees significant opportunities in the Thai air conditioner market as the housing sector recovers and the data centre industry expands.
Mitsubishi Electric and AWS Sign MOU for Strategic Collaboration in Digital Domain
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate in data cente...
Mitsubishi Electric to Ship Samples of LV100 1.2-kV IGBT Module for Industrial Use
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that beginning February 15 it will provide samples of its new LV100-type 1.2-kV IGBT module as an industrial-use p...
Electron Beam Welding Machines Market Reached $218.88 Million in 2024 - Mitsubishi Electric, EB Industries, Cambridge Vacuum Engineering, PTR-Precision Technologies, Sciaky, and Advanced Technology Co Dominate
Dublin, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The "Electron Beam Welding Machine Market Forecast 2024-2032" report has been added to ResearchAndMarkets.com's offering. The market is analyzed by product ty...
Mitsubishi Electric Automotive America Unveils Cloud-Connected FLEXConnect System Powered by QNX & AWS Cloud at CES 2025
LAS VEGAS--(BUSINESS WIRE)-- #AWS--Mitsubishi Electric Automotive America (MEAA) introduced FLEXConnect, its latest in-cabin cockpit system, at the Consumer Electronics Show (CES).
Nissan shares tumble by most since August amid Honda deal worries
After soaring on news of potential merger, fall reflects concerns about expected terms of deal, say analysts Shares in the Japanese carmaker Nissan have tumbled in their biggest fall since August’s st...
Honda, Nissan, and Mitsubishi Consider Strategic Merger Amid Declining Profits
Honda, Nissan, and Mitsubishi Consider Strategic Merger Amid Declining Profits
Wall Street Breakfast Podcast: Starbucks Strike Expands
Starbucks union workers are now on strike in nine states. Honda, Nissan share details of merger talks; Mitsubishi may also come aboard. Stellantis calls off plans to lay off 1,000 workers.
Nissan, Honda announce merger, creating world’s third-largest carmaker
Plans, which include Mitsubishi, announced as Japan tries to gain foothold in electric vehicle market.
Honda, Nissan and Mitsubishi confirm they are in merger talks
Deal would create world’s third-largest carmaker in terms of annual sales amid intense competition from China Business live – latest updates Honda, Nissan and Mitsubishi have confirmed they are in tal...
Honda and Nissan share details of merger talks; Mitsubishi may also come aboard
Mitsubishi Electric to Ship Samples of S1-Series HVIGBT Module
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of two new S1-Series High Voltage Insulated Gate Bipolar Transistor (HVIGBT) m...
Nissan’s mooted merger with Honda may be best answer to industry’s EV problem
Potential deal sounds more like a credible plan for crisis-hit carmaker as its troubled alliance with Renault hits a dead end Until recently, the plan at crisis-hit Nissan was to muddle through someho...
Nissan and Honda are said to be in talks to set up a holding company
Greg had the merger scuttlebutt talks overnight: Honda and Nissan to begin merger talks Updating now - Reuters reports the two are discussing setting up a holding company. More: Merger Talks: Nikkei r...
Mitsubishi Electric to Establish Heat Pump Compressor Factory in the U.S.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will invest U.S.$ 143.5 million to retrofit a U.S.-based factory to make variable-speed compressors that ar...
Mitsubishi Electric Explores Power Chip Alliances in Japan
Mitsubishi Electric Corp. is in talks with domestic rivals about teaming up on power chips, its chief executive officer said, advocating Japanese alliances on the manufacture of a crucial component th...
Mitsubishi Electric: ROE Expectations Are Unchanged Considering Recent Developments
Mitsubishi loses US$90 million in China in suspected fraud by copper trader, sources say
Mitsubishi dismissed Gong Huayong, a Shanghai-based copper trader at one of its China units, after finding that he had made unauthorised trades with local companies.
Three Papers from Mitsubishi Electric's Researchers Accepted to NeurIPS2024
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that three papers submitted by researchers at its Information Technology R&D Center (Kamakura City, Kanagawa Prefec...
Mitsubishi Electric, ME Innovation Fund Invests in Zenno Astronautics Ltd.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Zenno Astronautics Ltd., a New Zealand-based startup company that deve...
Japanese Car Makers Face Stiff Competition From China
China is doing the unthinkable and dethroning once dominant Japanese automakers, who are struggling to compete in China. China is the world's largest car market and domestic brands are dominating with...
Mitsubishi Electric Develops Compact, High-energy Sub-nanosecond-pulse Deep-ultraviolet Laser System
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed, in collaboration with the Institute of Physical and Chemical Research (RIKEN) and the Insti...
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...