Mitsubishi Electric Corporation

6503

JP3902400005

Consumer Goods Conglomerates

Market Closed - Japan Exchange Other stock markets 07:00:00 15/05/2024 BST			5-day change	1st Jan Change
2,800 ^JPY	+0.61%		-0.60%	+40.05%

05-14	Adeia Says Mitsubishi Electric Renews License for Media IP Portfolio	MT
05-10	Mitsubishi Electric to Cancel 34 Million Shares on May 31	MT

Mitsubishi Electric Corp.'s CEO Takeshi Sugiyama, to Resign over Falsification of Train Equipment Inspection Data

July 02, 2021 at 07:08 pm

Mitsubishi Electric Corp.'s CEO Takeshi Sugiyama on Jul 2, 2021 said he will step down after the company revealed it had falsified inspection data, stretching back more than three decades, for air conditioners and brake compressors used by train operators.

Latest news about Mitsubishi Electric Corporation

Adeia Says Mitsubishi Electric Renews License for Media IP Portfolio	05-14	MT
Mitsubishi Electric to Cancel 34 Million Shares on May 31	05-10	MT
Mitsubishi Electric Corporation Plans to Pay an Interim Dividend for Fiscal 2025	05-09	CI
Mitsubishi Electric Corporation Resolves to Pay Year-End Dividend for Fiscal 2024, Payable on June 4, 2024	05-09	CI
Mitsubishi Electric Wins Contract to Supply Space-Use Lithium-Ion Batteries for ?Gateway? Lunar Orbital Platform	05-09	CI
Wall Street, Earnings, Federal Reserve Roil Asian Stock Markets	04-30	MT
Mitsubishi Electric's Attributable Profit Rises 33% in Fiscal 2024	04-29	MT
Mitsubishi Electric Corporation Provides Consolidated Earnings Guidance for the Fiscal Year 2025	04-26	CI
Mitsubishi Electric Corporation Announces Dividend for the Fiscal Year Ending March 31, 2024 , Payable June 4, 2024	04-26	CI
Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives	04-23	RE
Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives	04-22	RE
Hitachi Industrial Equipment Systems Co.,Ltd. agreed to acquire Distribution transformer business of Mitsubishi Electric?s Nagoya Works from Mitsubishi Electric Corporation.	04-04	CI
Mitsubishi Electric Exhausts 50 Billion Yen Buyback Mandate	04-03	MT
Mitsubishi Electric Completes 45 Billion Yen Share Buyback	04-02	MT
Tranche Update on Mitsubishi Electric Corporation's Equity Buyback Plan announced on April 28, 2023.	04-01	CI
Ryosan Company, Limited completed the acquisition of Ryoyo Electro Corporation for ¥95.2 billion.	03-31	CI
Mitsubishi Electric Corporation's Equity Buyback announced on April 28, 2023, has closed with 23,020,400 shares, representing 1.09% for ¥44,750.58 million.	03-28	CI
Japan relaxes military export curbs for planned jet fighter	03-26	RE
Mitsubishi Electric's Nagoya Factory Regains ISO9001 Certification	03-20	MT
Japan to relax export curbs to allow overseas sales of joint jet fighter	03-13	RE
Nozomi Networks Inc. announced that it has received $100 million in funding from Mitsubishi Electric Corporation, Schneider Electric S.E.	03-12	CI
Japanese Shares End Slightly Lower After Tech Fall in US	03-06	MT
Mitsubishi Electric Buys Back Over 1 Million Shares in February	03-06	MT
Mitsubishi Electric Corporation Reobtains IATF16949 Certification by Bureau Veritas Japan Co., Ltd	03-05	CI
Mitsubishi Electric Books Extraordinary Gain But Not Recognized in IFRS Statement	02-29	MT

Chart Mitsubishi Electric Corporation

Duration

Period

More charts

Company Profile

Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows: - industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.; - electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.; - household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.; - information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.; - electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.; - other (13.2%): financial services, real estate management, engineering and maintenance services, etc. Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).

Sector

Consumer Goods Conglomerates

Calendar

30/07/2024 - Q1 2024 Earnings Release (Projected)

Related indices

Nikkei 225

More about the company

Income Statement Evolution

More financial data

Ratings for Mitsubishi Electric Corporation

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2,782 JPY

Average target price

2,662 JPY

Spread / Average Target

-4.34%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Consumer Goods Conglomerates

	1st Jan change	Capi.
MITSUBISHI ELECTRIC CORPORATION	+40.05%	37.15B
BERKSHIRE HATHAWAY INC.	+14.27%	886B
INTERNATIONAL HOLDING COMPANY	+0.03%	239B
GE AEROSPACE	+25.30%	175B
HONEYWELL INTERNATIONAL INC.	-2.51%	132B
HITACHI, LTD.	+41.35%	85.93B
ILLINOIS TOOL WORKS INC.	-4.16%	74.41B
3M COMPANY	-8.06%	55.38B
ALPHA DHABI HOLDING	-28.40%	37.46B
DANUBE AG	+14.57%	30.25B

Consumer Goods Conglomerates

Mitsubishi Electric Corporation

Equities

6503

JP3902400005

Consumer Goods Conglomerates

Mitsubishi Electric Corp.'s CEO Takeshi Sugiyama, to Resign over Falsification of Train Equipment Inspection Data

EPS Revisions