![]() Mitsubishi Power Mitsubishi Power (三菱パワー株式会社, formerly known as Mitsubishi Hitachi Power Systems, MHPS) is a company specializing in thermal power generation systems. | ![]() Altrad Babcock Altrad Babcock (formerly known as Doosan Babcock) is a company that specializes in construction services. | ![]() Daigas Group Daigas Group (also known as Osaka Gas, 大阪瓦斯株式会社) is a company operating in the energy sector. | ![]() Nissin Electric Nissin Electric (日新電機株式会社) is a manufacturer of electrical equipment and instruments. | Fuji Electric Fuji Electric (富士電機株式会社) is a company that provides semiconductors and power electronic solutions. | Eaton Eaton (formerly Abeiron) is a company that specializes in electrical, hydraulic, and mechanical power management solutions. | |||
Founding Date | Founding Date 2014 | Founding Date 1881 | Founding Date 1897 | Founding Date 1917 | Founding Date 1923 | Founding Date 1911 | Founding Date 1906 | Founding Date 1836 |
Type | Type Subsidiary | Type Subsidiary | Type Public | Type Subsidiary | Type Public | Type Public | Type Public | Type Public |
Tags | ||||||||
Locations | Locations Renfrew, GB HQ | Locations Kyoto, JP HQ Beijing, CN Shanghai, CN Shenyang, CN Wu Xi Shi, CN Wu Xi Shi, CN Wu Xi Shi, CN see more | Locations Tokyo, JP HQ Belrose, AU Gilberton, AU Prestons, AU Rydalmere, AU Seef, BH Phnom Penh, KH see more | Locations Charlotte, US HQ El Biar, DZ Luanda, AO Buenos Aires, AR Baulkham Hills, AU North Ryde, AU Wien, AT see more | Locations Rueil-Malmaison, FR HQ Tirana, AL Tirana, AL Chéraga, DZ Florida Oeste, AR Yerevan, AM Benalla, AU see more | |||
Employees | Employees 1,5571% increase | Employees 2,46212% increase | Employees 21,159 | Employees 4,8173% decrease | Employees 27,391 | Employees 97,3033% increase | Employees 101,0001% decrease | Employees 162,9708% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 8.6 b | Valuation ($) N/A | Valuation ($) 7.4 b | Valuation ($) 137.6 b | Valuation ($) 132.4 b | Valuation ($) 146.2 b |
Financial | ||||||||
Revenue (est.) | Revenue (est.) ¥4.7t (FY, 2023) | Revenue (est.) £286.5m (FY, 2023) | Revenue (est.) ¥2t (FY, 2026) | Revenue (est.) $154.8b (FY, 2025) | Revenue (est.) ¥1.2t (FY, 2026) | Revenue (est.) $27.4b (FY, 2025) | Revenue (est.) $37.4b (FY, 2025) | Revenue (est.) €40.2b (FY, 2025) |
Cost of goods | Cost of goods ¥3.7t (FY, 2023) | Cost of goods £257.6m (FY, 2023) | Cost of goods ¥1.5t (FY, 2026) | Cost of goods N/A | Cost of goods ¥821.8b (FY, 2026) | Cost of goods $17.1b (FY, 2025) | Cost of goods $23.6b (FY, 2025) | Cost of goods €22b (FY, 2025) |
Gross profit | Gross profit ¥930.1b (FY, 2023) | Gross profit £28.9m (FY, 2023) | Gross profit ¥572.7b (FY, 2026) | Gross profit N/A | Gross profit ¥405.8b (FY, 2026) | Gross profit $10.3b (FY, 2025) | Gross profit $13.8b (FY, 2025) | Gross profit €18.2b (FY, 2025) |
Net income | Net income ¥243.6b (FY, 2023) | Net income (£5.4m) (FY, 2023) | Net income ¥152.7b (FY, 2026) | Net income N/A | Net income ¥101.4b (FY, 2026) | Net income $4.1b (FY, 2025) | Net income $4.8b (FY, 2025) | Net income €4.7b (FY, 2025) |
Operating ⚠ | ||||||||
Backlog | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A | Backlog $15.9b (Q3, 2024) | Backlog $36.1b (Q1, 2025) | Backlog €16.5b (FY, 2022) |
Backlog (Industrial Automation) | Backlog (Industrial Automation) N/A | Backlog (Industrial Automation) N/A | Backlog (Industrial Automation) N/A | Backlog (Industrial Automation) N/A | Backlog (Industrial Automation) N/A | Backlog (Industrial Automation) N/A | Backlog (Industrial Automation) $5.8b (Q1, 2025) | Backlog (Industrial Automation) €3.3b (FY, 2022) |
Countries | Countries N/A | Countries N/A | Countries N/A | Countries N/A | Countries N/A | Countries N/A | Countries 77 (FY, 2024) | Countries 100 (FY, 2022) |
Manufacturing Facilities | Manufacturing Facilities N/A | Manufacturing Facilities N/A | Manufacturing Facilities N/A | Manufacturing Facilities N/A | Manufacturing Facilities N/A | Manufacturing Facilities 216 (FY, 2022) | Manufacturing Facilities 174 (FY, 2024) | Manufacturing Facilities N/A |
Patents Issued | Patents Issued 599 (Jul, 2020) | Patents Issued N/A | Patents Issued 3.2 k (FY, 2020) | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A |
Product Categories | Product Categories 12 (Jul, 2020) | Product Categories 3 (Aug, 2023) | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A |
Funding | ||||||||
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 5.4m | Total funding raised $ 11.4m | Total funding raised $ 1.6m |

Altrad Babcock (formerly known as Doosan Babcock) is a company that specializes in construction services.
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Daigas Group (also known as Osaka Gas, 大阪瓦斯株式会社) is a company operating in the energy sector.
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Nissin Electric (日新電機株式会社) is a manufacturer of electrical equipment and instruments.
View companyFuji Electric (富士電機株式会社) is a company that provides semiconductors and power electronic solutions.
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