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 in 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.
TypePublic
Founded1921
HQTokyo, JP
Websitemitsubishielectric.com
Overall CultureB-

Latest Updates

Employees (est.) (Mar 2020)146,518
Job Openings18
Revenue (FY, 2020)¥4.5 T(-1%)
Share Price (Jun 2021)¥1.7 K(-3%)
Cybersecurity ratingCMore

Key People/Management at Mitsubishi Electric

Takeshi Sugiyama

Takeshi Sugiyama

Representative Executive Officer; President & CEO
Masaki Sakuyama

Masaki Sakuyama

Chairman
Yasuyuki Ito

Yasuyuki Ito

Representative Executive Officer; Senior Vice President, Export Control and Building Systems
Kei Uruma

Kei Uruma

Representative Executive Officer; Senior Vice President, Corporate Strategic Planning and Operations of Associated Companies
Satoshi Matsushita

Satoshi Matsushita

Senior Vice President, Business Innovation
Yoshikazu Miyata

Yoshikazu Miyata

Senior Vice President, Factory Automation Systems
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Mitsubishi Electric Office Locations

Mitsubishi Electric has offices in Tokyo, Aichi, Fukuoka, Hiroshima and in 121 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
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Mitsubishi Electric Financials and Metrics

Mitsubishi Electric Revenue

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View revenue for all periods
Mitsubishi Electric's revenue was reported to be ¥4.46 t in FY, 2020 which is a 1.3% decrease from the previous period.
JPY

Revenue (Q2, 2021)

1.0t

Gross profit (Q2, 2021)

279.5b

Gross profit margin (Q2, 2021), %

26.8%

Net income (Q2, 2021)

31.7b

EBIT (Q2, 2021)

41.2b

Market capitalization (11-Jun-2021)

3.7t

Closing stock price (11-Jun-2021)

1.7k

Cash (30-Sept-2021)

642.9b

EV

3.5t
Mitsubishi Electric's current market capitalization is ¥3.7 t.
Annual
JPYFY, 2018FY, 2019FY, 2020

Revenue

4.5t4.5t4.5t

Revenue growth, %

4%1%(1%)

Cost of goods sold

3.0t3.2t3.2t

Gross profit

1.5t1.3t1.3t
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.1t1.1t1.1t1.1t1.1t1.1t858.2b1.0t

Cost of goods sold

741.0b789.1b770.1b749.9b812.5b769.5b620.4b764.4b

Gross profit

309.9b330.0b323.9b300.9b319.3b298.1b237.7b279.5b

Gross profit Margin, %

29%29%30%29%28%28%28%27%
Annual
JPYFY, 2018FY, 2019FY, 2020

Cash

599.2b514.2b537.6b

Accounts Receivable

1.1t1.2t900.4b

Inventories

741.8b729.1b693.9b

Current Assets

2.6t2.6t2.6t
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

592.5b580.7b443.5b2.5t2.5t499.1b730.4b642.9b

Accounts Receivable

1.0t1.1t1.1t1.0t1.1t1.1t667.3b710.1b

Inventories

709.9b727.5b775.5b756.9b721.6b770.8b779.4b715.7b

Current Assets

2.5t2.5t2.5t2.5t2.5t2.6t2.7t2.5t
Annual
JPYFY, 2018FY, 2019FY, 2020

Net Income

282.3b237.7b233.5b

Depreciation and Amortization

154.6b178.9b210.7b

Inventories

(95.4b)(82.7b)18.5b

Accounts Payable

(48.4b)(20.8b)(28.6b)
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

50.0b108.0b167.4b46.8b98.4b169.6b19.7b51.4b

Depreciation and Amortization

38.1b81.4b126.7b46.8b98.3b153.2b49.6b103.4b

Inventories

(62.2b)(71.0b)(128.3b)(36.2b)(6.9b)(45.9b)(83.5b)(19.8b)

Accounts Payable

(39.2b)(49.0b)(57.4b)(54.8b)(50.1b)(49.5b)(95.2b)(89.9b)
JPYFY, 2018

Revenue/Employee

31.6m

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.8 x
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Mitsubishi Electric Operating Metrics

Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Order Volume (Energy and Electric Systems)

¥275.9 b¥658 b¥956.3 b¥1.3 t¥291.8 b¥693.4 b¥996.6 b¥1.35 t¥278.3 b¥603.3 b

Order Volume (Industrial Automation Systems)

¥356.6 b¥718.5 b¥1.07 t¥1.43 t¥338.1 b¥682.3 b¥1.02 t¥1.36 t¥241.2 b¥558.9 b

Order Volume (Information and Communication Systems)

¥71.5 b¥167.3 b¥274.9 b¥418.4 b¥85.2 b¥189.5 b¥278.7 b¥448.8 b¥69.7 b¥155.2 b

Order Volume (Electronic Devices)

¥50.1 b¥100.4 b¥151.8 b¥199.2 b¥55.8 b¥106.6 b¥164.7 b¥221.6 b¥44.5 b¥85.8 b
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Mitsubishi Electric Acquisitions / Subsidiaries

Company NameDateDeal Size
ICONICSMay 13, 2019
ASTES4August 03, 2018
PowerexNovember 08, 2017
MELCO Hydronics & IT Cooling S.p.A.December 24, 2015
Setsuyo Astec Corp.April 15, 2014
Mitsubishi Electric Klimat Transportation Systems S.p.AMarch 07, 2014
FA Tech Co Ltd.July 29, 2013
KH-Automation Projects GmbHJanuary 30, 2013
Messung GroupJanuary 23, 2012
Vincotech Holdings S.a.r.l.November 30, 2010
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Mitsubishi Electric Revenue Breakdown

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Mitsubishi Electric revenue breakdown by business segment: 13.0% from Others, 21.5% from Home Appliances, 9.0% from Information and Communication Systems, 26.6% from Industrial Automation Systems, 25.8% from Energy and Electric Systems and 4.1% from Other

Mitsubishi Electric revenue breakdown by geographic segment: 9.8% from Europe, 20.6% from Asia, 9.7% from North America, 58.5% from Japan and 1.4% from Other

Mitsubishi Electric Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Mitsubishi Electric Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Mitsubishi Electric Online and Social Media Presence

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Mitsubishi Electric Company Culture

  • Overall Culture

    B-

    70/100

  • CEO Rating

    A+

    90/100

  • Compensation

    B

    74/100

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Mitsubishi Electric News and Updates

Siemens Energy and Mitsubishi Electric Sign MoU to Move Faster to Develop Gas Solutions With Zero Global-Warming Potential in the High-Voltage Power Transmission Industry

On June 5 (World Environment Day*), Siemens Energy and Mitsubishi Electric signed a Memorandum of Understanding (MoU) to conduct a feasibility study on the joint development of high-voltage switching solutions with zero global-warming potential (GWP) that substitute greenhouse gases with clean air f…

Mitsubishi Electric US Appoints Mike Corbo President and CEO; Masahiro Oya Elevated to Chairperson

Mitsubishi Electric US, Inc. (MEUS) announced that, in an important step in Mitsubishi Electric’s commitment to local leadership, Mike Corbo will assume the role of president and CEO of the Southern California-based company.

Mitsubishi Electric and Eplan Strengthen Their Digital Partnership

Mitsubishi Electric Corporation and long-term e-F@ctory solution partner Eplan are strengthening their digital solution's collaboration further as Mitsubishi Electric joins Eplan's new partner network; an initiative to further facilitate the structured implementation of digital manufacturing.

Mitsubishi Electric to Supply Elevators to 2 Large Luxury Complexes in India

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its subsidiary Mitsubishi (News - Alert) Elevator India Private Limited (IMEC) has secured a major order to supply elevators to the Commerzone Madhapur and Altimus luxury complexes owned by K RAHEJA CORP, a leading developer in India…

AMT partners with Mitsubishi Electric to give 3D printing post-processing a 50x productivity boost

Mitsubishi Electric’s range of automation products helps to create the first fully automated Underwriters Laboratories (UL) approved post-processing machine for 3D printed plastic parts.

Pedro Ruiz Gómez, nombrado presidente de Mitsubishi Electric Europe, B.V., sucursal España

Pedro Ruiz Gómez ha sido nombrado presidente de Mitsubishi Electric Europe, B.V., sucursal España.
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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 Takeshi Sugiyama, Masaki Sakuyama and Yasuyuki Ito.

  • How many employees does Mitsubishi Electric have?

    Mitsubishi Electric has 146,518 employees.

  • What is Mitsubishi Electric revenue?

    Latest Mitsubishi Electric annual revenue is ¥4.5 t.

  • What is Mitsubishi Electric revenue per employee?

    Latest Mitsubishi Electric revenue per employee is ¥30.5 m.

  • Who are Mitsubishi Electric competitors?

    Competitors of Mitsubishi Electric include Siemens, General Electric 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 121 other locations.

  • How many offices does Mitsubishi Electric have?

    Mitsubishi Electric has 153 offices.