Mitsubishi Electric
- Revenue¥4.2 TFY, 2021
- Market Capitalization¥3 T2022-05-13
OverviewSuggest Edit
Mitsubishi Electric Corporation (三菱電機株式会社) is a global company engaged in the manufacture and sales of electric and electronic equipment. It provides products and solutions through five segments: Energy and Electric Systems, Industrial Automation Systems, Information and Communication Systems, Electronic Devices, and Home Appliances. The company also offers procurement, logistics, real estate, advertising, finance, and other services.
| Type | Public | |
| Founded | 1921 | |
| HQ | Tokyo, JP | Map |
| Website | mitsubishielectric.com | |
| Employee Ratings | ||
| Overall Culture | B- | More |
Recent NewsAll News
- Mitsubishi Electric faked safety and quality control tests for decades
- Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2022
- Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2022
- Schedule change for the establishment of a joint venture company
by JUKI, Mitsubishi Electric, and Meiryo Technica
Key People/Management at Mitsubishi Electric
Kei Uruma
President and CEO
Tadashi Matsumoto
Senior Vice President, Export Control and Building Systems
Jun Nagasawa
Senior Vice President, Auditing, Legal Affairs & Compliance and Corporate Communication (Sustainability, Public Relations and Advertising), CCO
Satoshi Matsushita
Senior Vice President, Business Innovation, Chief Business DX Officer
Yoshikazu Miyata
Senior Vice President, Factory Automation Systems
Koichi Orito
Senior Vice President, Information Systems & Network Service
Mitsubishi Electric Office Locations
Mitsubishi Electric has offices in Tokyo, Aichi, Fukuoka, Hiroshima and in 117 other locations
Tokyo, JP (HQ)
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku
Aichi, JP
1-1-4 Meieki, Nakamura-ku, Nagoya-shi
Fukuoka, JP
〒810-8686 2-12-1, Tenjin, Chuo-ku
Hiroshima, JP
7-32 Nakamachi, Naka-ku
Kanazawa, JP
3-1-1 Hirooka, Kanazawa
Nagoya, JP
3-28-12 Mei Station, Nakamura-ku
Mitsubishi Electric Financials and Metrics
Mitsubishi Electric Revenue
Mitsubishi Electric's revenue was reported to be ¥4.19 t in FY, 2021
| JPY | |
|---|---|
Revenue (Q3, 2022) | 1.0t |
Gross profit (Q3, 2022) | 347.1b |
Net income (Q3, 2022) | 45.7b |
EBITDA (Q3, 2022) | 108.5b |
EBIT (Q3, 2022) | 56.0b |
Market capitalization (13-May-2022) | 3.0t |
Closing stock price (13-May-2022) | 1.4k |
Cash (31-Dec-2021) | 632.1b |
EV | 2.7t |
Mitsubishi Electric's current market capitalization is ¥3 t.
Annual
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 4.4t | 4.5t | 4.5t | 4.2t |
Cost of goods sold | (2.9t) | (3.0t) | (3.0t) | (2.8t) |
Gross profit | 1.5t | 1.5t | 1.5t | 1.4t |
R&D expense | (210.3b) | (212.8b) | (206.8b) | (190.6b) |
Quarterly
| JPY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.1t | 1.1t | 1.1t | 1.1t | 1.1t | 1.1t | 858.2b | 1.0t | 1.0t | 1.1t | 1.1t | 1.0t |
Cost of goods sold | (703.0b) | (747.4b) | (724.7b) | (703.1b) | (761.6b) | (714.7b) | (571.4b) | (713.0b) | (685.1b) | (702.2b) | (715.7b) | (696.6b) |
Gross profit | 348.0b | 371.7b | 369.3b | 348.6b | 370.2b | 363.8b | 288.4b | 329.8b | 354.5b | 366.7b | 356.4b | 347.1b |
R&D expense | (50.5b) | (54.4b) | (53.3b) | (50.7b) | (53.2b) | (50.0b) | (45.5b) | (47.6b) | (47.6b) | (45.7b) | (48.0b) | (48.2b) |
Annual
| JPY | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Cash | 514.2b | 537.6b | 767.4b |
Accounts Receivable | 838.5b | 809.2b | 809.9b |
Inventories | 729.1b | 693.9b | 743.8b |
Quarterly
| JPY | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 500.6b | 514.2b | 499.1b | 730.4b | 642.9b | 625.5b | 765.8b | 721.9b | 632.1b |
Accounts Receivable | 737.7b | 761.9b | 716.9b | 667.3b | 710.1b | 710.2b | 741.3b | 719.1b | 742.3b |
Inventories | 756.9b | 721.6b | 770.8b | 779.4b | 715.7b | 774.7b | 812.4b | 841.9b | 950.5b |
Annual
| JPY | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Net Income | 237.7b | 233.5b | 201.7b |
Depreciation and Amortization | 176.2b | 210.7b | 213.3b |
Inventories | (82.7b) | 18.5b | (28.1b) |
Accounts Payable | (20.8b) | (28.6b) | 6.9b |
Quarterly
| JPY | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 46.8b | 98.4b | 169.6b | 19.7b | 51.4b | 113.9b | 67.1b | 113.9b | 159.6b |
Depreciation and Amortization | 46.8b | 97.7b | 152.5b | 49.0b | 100.4b | 154.3b | 46.1b | 96.3b | 148.8b |
Inventories | (36.2b) | (6.9b) | (45.9b) | (83.5b) | (19.8b) | (76.6b) | (67.8b) | (99.3b) | (199.6b) |
Accounts Payable | (54.8b) | (50.1b) | (49.5b) | (95.2b) | (89.9b) | (45.6b) | (20.1b) | (27.0b) | (13.7b) |
| JPY | FY, 2018 |
|---|---|
Revenue/Employee | 31.2m |
Mitsubishi Electric Operating Metrics
| Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Order Volume (Energy and Electric Systems) | ¥275.9 b | ¥382.1 b | ¥298.2 b | ¥1.3 t | ¥291.8 b | ¥401.6 b | ¥303.1 b | ¥1.35 t | ¥278.3 b | ¥325 b | ¥264 m | ¥1.17 b | ¥276.1 b | ¥292.7 b | ¥264 b |
Order Volume (Industrial Automation Systems) | ¥356.6 b | ¥361.9 b | ¥355.3 b | ¥1.43 t | ¥338.1 b | ¥344.2 b | ¥334.3 b | ¥1.36 t | ¥241.2 b | ¥317.7 b | ¥356.1 b | ¥1.31 b | ¥393.9 b | ¥394.9 b | ¥356.1 b |
Order Volume (Information and Communication Systems) | ¥71.5 b | ¥95.8 b | ¥107.6 b | ¥418.4 b | ¥85.2 b | ¥104.3 b | ¥89.1 b | ¥448.8 b | ¥69.7 b | ¥82.5 b | ¥91.2 b | ¥380.2 b | ¥66.9 b | ¥87.7 b | ¥91.2 b |
Order Volume (Electronic Devices) | ¥50.1 b | ¥50.3 b | ¥51.3 b | ¥199.2 b | ¥55.8 b | ¥50.8 b | ¥164.7 b | ¥221.6 b | ¥44.5 b | ¥41.3 b | ¥61 b | ¥226 b | ¥107 b | ¥72.9 b | ¥61 b |
Mitsubishi Electric Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Iconics, Inc. | May 13, 2019 | |
| Astes4 SA | August 03, 2018 | |
| Powerex, Inc. | November 08, 2017 | |
| MELCO Hydronics & IT Cooling S.p.A. | December 24, 2015 | |
| SETSUYO ASTEC CORPORATION | April 15, 2014 | |
| MITSUBISHI ELECTRIC KLIMAT TRANSPORTATION SYSTEMS SPA | March 07, 2014 | |
| FA Tech Co Ltd. | July 29, 2013 | |
| KH-Automation Projects GmbH | January 30, 2013 | |
| Messung Group | January 23, 2012 | |
| Vincotech Holdings S. à r.l. | November 30, 2010 |
Mitsubishi Electric Revenue Breakdown
Mitsubishi Electric revenue breakdown by business segment: 30.3% from ENERGY & ELECTRIC SYSTEMS, 29.8% from INDUSTRIAL AUTOMATION SYSTEMS, 14.4% from CONSUMER & OTHER PRODUCTS, 9.1% from INFORMATION & COMMUNICATION SYSTEM, 24.8% from HOME APPLIANCES and -8.3% from Other
Human Capital Metrics
Mitsubishi Electric Cybersecurity Score
Mitsubishi Electric Environment, Social & Governance (ESG) Ratings
Mitsubishi Electric Online and Social Media Presence
4.25k Twitter followers
Mitsubishi Electric has 4.25k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.3% quarter over quarter
Mitsubishi Electric's Trends
Twitter Engagement Stats for @ME_Europe
2.4k
Tweets
782
Following
4.2k
Followers
13
Tweets last 30 days
0.2
Avg. likes per Tweet
61.5%
Tweets with engagement
Mitsubishi Electric Company Culture
Overall Culture
B-
70/100
CEO Rating
A+
90/100
Compensation
B
74/100
Mitsubishi Electric News and Updates
May 04, 2022
Mitsubishi Electric faked safety and quality control tests for decades
Mitsubishi Electric, one of the world's leading manufacturers of large-scale electrical and HVAC systems has admitted to fraudulently conducting quality assurance tests on its transformers—for decades.
April 28, 2022
Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2022
Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated
financial results for fiscal 2022 (April 1, 2021 - March 31, 2022).
April 28, 2022
Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2022
Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated
financial results for fiscal 2022 (April 1, 2021 - March 31, 2022).
April 25, 2022
Schedule change for the establishment of a joint venture company by JUKI, Mitsubishi Electric, and Meiryo Technica
As announced in an earlier press release dated November 8, 2021, JUKI Corporation
("JUKI"), Mitsubishi Electric Corporation ("Mitsubishi Electric"), and Meiryo Technica
Corporation ("Meiryo Technica") have agreed to establish a joint venture company to
expand the industrial sewing machines business …
April 21, 2022
Notice Regarding Completion Date of the Investigation into Improper Quality Control Practices
Mitsubishi Electric Corporation (TOKYO: 6503) – Mitsubishi Electric
Corporation established the Investigative Committee of external experts (Chaired by Hiroshi Kimeda, Partner
(Attorney-at-law), Nishimura & Asahi, previously announced on July 2, 2021) to investigate the facts
surrounding the imp…
April 21, 2022
Notice Regarding Improper Quality Control Practices for Transformers Rated 22kV 2MVA or Above
Mitsubishi Electric Corporation (TOKYO: 6503) announced today that internal
investigations being conducted by the external Investigative Committee established by the company on July
2, 2021, revealed to the company on April 1 that several inspections of transformers rated 22kV 2MVA or
above manufact…
Mitsubishi Electric Blogs
Mitsubishi Electric Frequently Asked Questions
When was Mitsubishi Electric founded?
Mitsubishi Electric was founded in 1921.
Who are Mitsubishi Electric key executives?
Mitsubishi Electric's key executives are Kei Uruma, Tadashi Matsumoto and Jun Nagasawa.
How many employees does Mitsubishi Electric have?
Mitsubishi Electric has 145,653 employees.
What is Mitsubishi Electric revenue?
Latest Mitsubishi Electric annual revenue is ¥4.2 t.
What is Mitsubishi Electric revenue per employee?
Latest Mitsubishi Electric revenue per employee is ¥28.8 m.
Who are Mitsubishi Electric competitors?
Competitors of Mitsubishi Electric include TDK, Samsung Electronics and Emerson.
Where is Mitsubishi Electric headquarters?
Mitsubishi Electric headquarters is located at Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo.
Where are Mitsubishi Electric offices?
Mitsubishi Electric has offices in Tokyo, Aichi, Fukuoka, Hiroshima and in 117 other locations.
How many offices does Mitsubishi Electric have?
Mitsubishi Electric has 136 offices.
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