Electronic Technology Mitsubishi Electric Corp. Business Summary
Mitsubishi Electric Corp. engages in the manufacture, development, and sale of electric and electronic equipment. It operates in the following business segments: Energy and Electric Systems, Industrial Automation Systems, Information and Communication Systems, Electronic Devices, Home Appliances, and Others. The Energy and Electric Systems segment offers power and transportation systems, elevators, escalators, and supervisory control systems. The Industrial Automation Systems segment covers industrial automation products and systems, measurement and control systems, automotive and electronic products, and car multimedia systems. The Information and Communication Systems segment includes wireless, closed circuit television, space, and satellite communication systems, antennas, radar devices, and information communications network systems. The Electronic Devices segment provides power, high frequency, and optical devices; and liquid crystal displays. The Home Appliances segment covers air-conditioning and photovoltaic power generation systems, televisions, recorders, and players. The Others segment comprises of material procurement, logistics, real estate, advertising, and financial services. The company was founded on January 15, 1921 and is headquartered in Tokyo, Japan.
Financial Highlights
Mar 2021
JPY USD Revenue 4,191.43B 39,520.41M Gross Profit 1,364.94B 12,869.89M Operating income 220,772M 2,081.62M Income before tax 239,503M 2,258.23M Net income 193,132M 1,821.01M EBITDA 434,092M 4,092.99M Diluted EPS 90.02 0.84 Dividends Per Share 36 0.33 Total Assets 4,797.92B 43,420.10M Total liabilities 1,927.31B 17,441.72M Total equity 2,754.29B 24,925.72M Operating cash flow 542,119M 5,111.56M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
4,238.66B
4,444.42B
4,519.92B
4,462.50B
4,191.43B
Gross Profit
1,304.27B
1,564.28B
1,545.84B
1,469.18B
1,364.94B
Operating income
273,548M
332,614M
289,758M
245,264M
220,772M
Income before tax
296,249M
353,206M
315,958M
281,986M
239,503M
Net income
210,493M
255,755M
226,648M
221,834M
193,132M
EBITDA
437,795M
509,886M
466,005M
455,950M
434,092M
Diluted EPS
98.07
119.18
105.65
103.41
90.02
Dividends Per Share
27
40
40
40
36
Total Assets
4,172.27B
4,305.58B
4,356.21B
4,409.77B
4,797.92B
Total liabilities
2,031.56B
1,908.36B
1,845.05B
1,870.91B
1,927.31B
Total equity
2,039.62B
2,294.17B
2,399.94B
2,429.74B
2,754.29B
Operating cash flow
365,950M
265,768M
239,817M
395,834M
542,119M
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
39,142.70M
40,100.39M
40,758.68M
41,043.70M
39,520.41M
Gross Profit
12,044.53M
14,113.94M
13,939.76M
13,512.75M
12,869.89M
Operating income
2,526.12M
3,001.05M
2,612.91M
2,255.80M
2,081.62M
Income before tax
2,735.76M
3,186.84M
2,849.17M
2,593.55M
2,258.23M
Net income
1,943.83M
2,307.58M
2,043.81M
2,040.30M
1,821.01M
EBITDA
4,042.89M
4,600.51M
4,202.23M
4,193.57M
4,092.99M
Diluted EPS
0.90
1.07
0.95
0.95
0.84
Dividends Per Share
0.24
0.36
0.36
0.36
0.33
Total Assets
37,442.96M
40,484.99M
39,356.83M
40,848.23M
43,420.10M
Total liabilities
18,231.73M
17,944.15M
16,669.43M
17,330.47M
17,441.72M
Total equity
18,304.11M
21,571.91M
21,682.66M
22,506.99M
24,925.72M
Operating cash flow
3,379.42M
2,397.92M
2,162.56M
3,640.66M
5,111.56M
Valuation Measures
Mar 2021
PER 18.73 ROA 4.19% ROE 7.45% Operating margin 5.26% Profit margin 4.60%
Key executives
Executive President, CEO & Representative Director:
Takeshi Sugiyama
CFO, Director, Head-Finance & Accounting:
Tadashi Kawagoishi
Chief Information Officer & Executive Officer:
Eiichiro Mitani
Chief Technology Officer & Executive Officer:
Kunihiko Kaga
Chief Compliance Officer & Head-Legal Affairs:
Jun Nagasawa Shareholders
Dodge & Cox (5.0%)
Meiji Yasuda Life Insurance Co. (3.8%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
Nomura Asset Management Co., Ltd. (3.6%)
Nippon Life Insurance Co. (2.8%)
The Vanguard Group, Inc. (2.2%)
Mitsubishi Electric Group Employees Shareholding Union (2.0%)
First Eagle Investment Management LLC (1.7%)
Daiwa Asset Management Co. Ltd. (1.7%)
Nikko Asset Management Co., Ltd. (1.7%)
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Competitors
ABB Ltd.
Shenzhen Inovance Technology Co., Ltd Class A
MKS Instruments, Inc.
Infineon Technologies AG
Rockwell Automation, Inc.
Carrier Global Corp.
Beijer Ref AB Class B
Hengdian Group DMEGC Magnetics Co., Ltd Class A
Stoneridge, Inc.
Suzhou Good-Ark Electronics Co. Ltd. Class A
Lumentum Holdings, Inc.
RS Automation Co., Ltd.
Stem Inc
Shenyang Brilliant Elevator Co Ltd Class A
StarPower Semiconductor Ltd. Class A
Daktronics, Inc.
Airbus SE
Broadcom Inc.
Tadiran Group Ltd
Yungtay Engineering Co., Ltd.
Maxar Technologies, Inc.
Unitronics (1989) (RG) Ltd.
BorgWarner Inc.
Wolfspeed Inc
M2I Corp.
American Shared Hospital Services
Brimag Digital Age Ltd
Bruker Corporation
Elite Advanced Laser Corporation
Ideal Power Inc.
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Last Updated on 28 Oct, 2021
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