Mitsubishi Electric

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.
TypePublic
Founded1921
HQTokyo, JP
Websitemitsubishielectric.com
Employee Ratings3.8
Overall CultureB-

Latest Updates

Employees (est.) (Mar 2021)145,653
Revenue (FY, 2021)¥4.2 T(-6%)
Share Price (May 2022)¥1.4 K(+6%)
Cybersecurity ratingCMore
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Key People/Management at Mitsubishi Electric

Kei Uruma

Kei Uruma

President and CEO
Tadashi Matsumoto

Tadashi Matsumoto

Senior Vice President, Export Control and Building Systems
Jun Nagasawa

Jun Nagasawa

Senior Vice President, Auditing, Legal Affairs & Compliance and Corporate Communication (Sustainability, Public Relations and Advertising), CCO
Satoshi Matsushita

Satoshi Matsushita

Senior Vice President, Business Innovation, Chief Business DX Officer
Yoshikazu Miyata

Yoshikazu Miyata

Senior Vice President, Factory Automation Systems
Koichi Orito

Koichi Orito

Senior Vice President, Information Systems & Network Service
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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
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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
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

4.4t4.5t4.5t4.2t

Cost of goods sold

(2.9t)(3.0t)(3.0t)(2.8t)

Gross profit

1.5t1.5t1.5t1.4t

R&D expense

(210.3b)(212.8b)(206.8b)(190.6b)
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

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

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

348.0b371.7b369.3b348.6b370.2b363.8b288.4b329.8b354.5b366.7b356.4b347.1b

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
JPYFY, 2019FY, 2020FY, 2021

Cash

514.2b537.6b767.4b

Accounts Receivable

838.5b809.2b809.9b

Inventories

729.1b693.9b743.8b
Quarterly
JPYQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

500.6b514.2b499.1b730.4b642.9b625.5b765.8b721.9b632.1b

Accounts Receivable

737.7b761.9b716.9b667.3b710.1b710.2b741.3b719.1b742.3b

Inventories

756.9b721.6b770.8b779.4b715.7b774.7b812.4b841.9b950.5b
Annual
JPYFY, 2019FY, 2020FY, 2021

Net Income

237.7b233.5b201.7b

Depreciation and Amortization

176.2b210.7b213.3b

Inventories

(82.7b)18.5b(28.1b)

Accounts Payable

(20.8b)(28.6b)6.9b
Quarterly
JPYQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

46.8b98.4b169.6b19.7b51.4b113.9b67.1b113.9b159.6b

Depreciation and Amortization

46.8b97.7b152.5b49.0b100.4b154.3b46.1b96.3b148.8b

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)
JPYFY, 2018

Revenue/Employee

31.2m
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Mitsubishi Electric Acquisitions / Subsidiaries

Company NameDateDeal Size
Iconics, Inc.May 13, 2019
Astes4 SAAugust 03, 2018
Powerex, Inc.November 08, 2017
MELCO Hydronics & IT Cooling S.p.A.December 24, 2015
SETSUYO ASTEC CORPORATIONApril 15, 2014
MITSUBISHI ELECTRIC KLIMAT TRANSPORTATION SYSTEMS SPAMarch 07, 2014
FA Tech Co Ltd.July 29, 2013
KH-Automation Projects GmbHJanuary 30, 2013
Messung GroupJanuary 23, 2012
Vincotech Holdings S. à r.l.November 30, 2010
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Mitsubishi Electric Revenue Breakdown

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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

Mitsubishi Electric Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

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

Embed Graph

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

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.

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).

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).

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 …

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…

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…
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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 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.