Business description: Mitsubishi Electric Corporation

Mitsubishi Electric Corp is a Japan-based company engaged in the industry mobility, life and other businesses. The Company operates in six business segments. The Infrastructure segment is engaged in the social systems, power systems, defense and space and systems businesses, and provides electrical equipment for railway vehicles, wireless communication equipment and others. The Industry & Mobility segment is engaged in the factory automation (FA) system business and the automotive equipment business. The Life segment is engaged in the building system business and the air conditioning and home appliances business. The Business Platform segment is involved in the information systems and services business. The Semiconductor Device segment is involved in the electronic devices business. The Other segment provides materials procurement, logistics, real estate, advertising and publicity and finance.

Number of employees: 149,914

Sales by Activity: Mitsubishi Electric Corporation

Fiscal Period: March 2021 (JPY) 2022 (JPY) 2023 (JPY) 2024 (JPY) 2025 (JPY)

Life

- - 1,947B 2,052B 2,185B

Industry and Mobility

- - 1,660B 1,711B 1,645B

Industrial Automation Systems

1,249B 1,460B - - -

Infrastructure

- - 973B 1,037B 1,225B

Heavy Electric System

1,270B 1,238B - - -

Others

603B 676B 851B 844B 852B

Semiconductor & Device

- - 282B 290B 286B

Digital Innovation

- - 135B 142B 147B

Information and Communication Systems

380B 354B - - -

Eliminations and Corporate

-554B -638B -844B -817B -819B

Home Appliances

1,038B 1,145B - - -

Electronic Devices

205B 241B - - -

Geographical breakdown of sales: Mitsubishi Electric Corporation

Fiscal Period: March 2021 (JPY) 2022 (JPY) 2023 (JPY) 2024 (JPY) 2025 (JPY)

Japan

2,431B 2,332B 2,467B 2,559B 2,724B

Europe

392B 495B 608B 733B 719B

United States

- - 524B 582B 667B

Asia (Excl. China)

445B 526B 635B 645B 641B

China

482B 589B 584B 532B 530B

North America (Excluding United States)

- - 102B 115B 132B

Others

63.18B 72.1B 84.39B 91.25B 109B

North America

379B 462B - - -

Executive Committee: Mitsubishi Electric Corporation

Manager TitleAgeSince
Chief Executive Officer 66 30/09/2023
Chief Tech/Sci/R&D Officer - 31/03/2021
Corporate Officer/Principal - -
Investor Relations Contact - -
Sales & Marketing 66 19/02/2024

Composition of the Board of Directors: Mitsubishi Electric Corporation

Director TitleAgeSince
Chairman 78 30/09/2021
Director/Board Member 78 31/05/2013
Director/Board Member 75 31/05/2015
Director/Board Member 68 28/06/2016
Director/Board Member 67 31/05/2018
Director/Board Member 70 31/05/2019
Director/Board Member 66 31/05/2020
Director/Board Member 67 31/05/2020
Director/Board Member - -
Director/Board Member 71 -

Shareholders: Mitsubishi Electric Corporation

NameEquities%Valuation
Meiji Yasuda Life Insurance Co.
3.874 %
81,863,000 3.874 % 2 563 M ¥
3.114 %
65,796,183 3.114 % 2 060 M ¥
BlackRock Fund Advisors
3.035 %
64,130,050 3.035 % 2 008 M ¥
Mitsubishi Electric Group Employees Shareholding Union
2.036 %
43,028,000 2.036 % 1 347 M ¥
BlackRock Japan Co. Ltd.
1.963 %
41,489,500 1.963 % 1 299 M ¥
NameEquities%Valuation
Bowen Hanes & Co., Inc.
0.0473 %
500,000 0.0473 % 31 M ¥
Boston Common Asset Management LLC
0.0117 %
123,968 0.0117 % 8 M ¥
Ramirez Asset Management, Inc.
0.007541 %
79,676 0.007541 % 5 M ¥
0.001506 %
15,917 0.001506 % 996 754 ¥
RhumbLine Advisers LP
0.001244 %
13,142 0.001244 % 822 978 ¥

Holdings: Mitsubishi Electric Corporation

NameEquities%Valuation
65,796,183 3.11% 2 060 M $
110,242,966 21.16% 802 M $
7,755,000 35.88% 185 M $
4,485,000 50% 185 M $
12,500,000 9.51% 96 M $
9,048,020 45.7% 84 M $
2,569,000 0.25% 72 M $
4,720,000 20.98% 65 M $
977,566,069 19.9% 63 M $
6,980,000 21.11% 41 M $

Company details: Mitsubishi Electric Corporation

Mitsubishi Electric Corp.

Tokyo Building

100-8310, Tokyo

+81 3 3218 2111

https://www.mitsubishielectric.co.jp/
address Mitsubishi Electric Corporation(6503)

Group companies: Mitsubishi Electric Corporation

NameCategory and Sector
Building Products
Building Products

Consumer Goods Conglomerates

Change 5d. change 1-year change 3-years change Capi.($)
+1.06%+20.85%+138.33%+287.86% 75.45B
+0.30%+2.82%+5.80%+60.94% 1,075B
0.00%0.00%-0.50%+0.88% 238B
-2.89%+6.83%+38.48%+301.11% 168B
+1.46%+6.93%+18.40%+22.15% 152B
+2.76%+13.36%+131.14%+953.64% 107B
+1.85%+13.04%+15.72%+53.57% 89.69B
+1.26%+11.37%+15.14%+25.21% 84.3B
+1.16%+0.95%+97.73%+46.78% 22.65B
+0.16%+0.16%-3.98%-8.92% 21.22B
Average +0.68%+6.95%+45.63%+174.32% 203.35B
Weighted average by Cap. +0.36%+4.62%+21.97%+123.59%
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
5,814.00JPY
Average target price
4,674.93JPY
Spread / Average Target
-19.59%

Quarterly revenue - Rate of surprise

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