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Electronic Technology

Mitsubishi Electric Corp.

  • 1,437.00 JPY
  • +16.00
  • +1.13%
  • Japan
    May 20, 2019
  • Ticker
    TKS(6503)
  • Prev. close
    1,421
  • Market cap (JPY)
    3,051.17B
  • Market cap (USD)
    27,744.24M
  • Shares
    2,147.20M

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 2019 JPYUSD
Revenue4,519.92B40,758.68M
Gross Profit1,551.05B13,986.71M
Operating income289,758M2,612.91M
Income before tax315,958M2,849.17M
Net income226,648M2,043.81M
EBITDA468,650M4,226.08M
Diluted EPS105.650.95
Dividends Per Share400.36
Total Assets4,356.21B39,356.83M
Total liabilities1,845.05B16,669.43M
Total equity2,399.94B21,682.66M
Operating cash flow239,817M2,162.56M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,323.04B 4,394.35B 4,238.66B 4,431.19B 4,519.92B
Gross Profit 1,306.55B 1,338.78B 1,304.27B 1,417.63B 1,551.05B
Operating income 320,689M 309,654M 273,548M 338,518M 289,758M
Income before tax 322,968M 318,476M 296,249M 364,578M 315,958M
Net income 234,694M 228,494M 210,493M 271,880M 226,648M
EBITDA 476,894M 473,909M 437,795M 517,407M 468,650M
Diluted EPS 109.32 106.43 98.07 126.70 105.65
Dividends Per Share 27 27 27 40 40
Total Assets 4,059.45B 4,059.94B 4,172.27B 4,264.55B 4,356.21B
Total liabilities 2,129.28B 2,122.43B 2,031.56B 1,900.41B 1,845.05B
Total equity 1,842.20B 1,838.77B 2,039.62B 2,259.35B 2,399.94B
Operating cash flow 378,313M 366,677M 365,950M 240,450M 239,817M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 39,351.71M 36,593.90M 39,142.70M 39,981.06M 40,758.68M
Gross Profit 11,893.26M 11,148.71M 12,044.53M 12,790.75M 13,986.71M
Operating income 2,919.16M 2,578.63M 2,526.12M 3,054.32M 2,612.91M
Income before tax 2,939.90M 2,652.10M 2,735.76M 3,289.45M 2,849.17M
Net income 2,136.36M 1,902.78M 1,943.83M 2,453.07M 2,043.81M
EBITDA 4,341.06M 3,946.46M 4,042.89M 4,668.37M 4,226.08M
Diluted EPS 0.99 0.88 0.90 1.14 0.95
Dividends Per Share 0.24 0.22 0.24 0.36 0.36
Total Assets 33,849.91M 36,122.07M 37,442.96M 40,099.27M 39,356.83M
Total liabilities 17,755.12M 18,883.74M 18,231.73M 17,869.42M 16,669.43M
Total equity 15,361.29M 16,359.91M 18,304.11M 21,244.51M 21,682.66M
Operating cash flow 3,443.70M 3,053.49M 3,379.42M 2,169.49M 2,162.56M

Valuation Measures

Mar 2019
PER13.46
ROA5.25%
ROE9.72%
Operating margin6.41%
Profit margin5.01%

Key executives

  • President, CEO & Director: Takeshi Sugiyama
  • Executive Vice President: Yutaka Ohashi
  • Senior Managing Executive Officer: Isao Iguchi
  • Director & Senior Managing Executive Officer: Nobuyuki Okuma
  • Director & Head-Accounting: Tadashi Kawagoishi

Shareholders

  • Dodge & Cox (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.1%)
  • Meiji Yasuda Life Insurance Co. (3.8%)
  • Nippon Life Insurance Co. (2.8%)
  • Nomura Asset Management Co., Ltd. (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • Mitsubishi Electric Group Employees Shareholding Union (1.9%)
  • Nikko Asset Management Co., Ltd. (1.4%)
  • BlackRock Fund Advisors (1.3%)
  • First Eagle Investment Management LLC (1.3%)

Contact Details

Related Companies

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  • Mitsubishi Electric Automotive de Mexico SA de CV
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  • PT Mitsubishi Electric Automotive Indonesia
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  • Mitsubishi Electric Thai Auto-Parts Co. Ltd.
  • Mitsubishi Electric do Brasil Comercio e Servicos Ltda.
  • Mitsubishi Elevator (Thailand) Co. Ltd.
  • Mitsubishi Electric de Colombia Ltda.
  • Mitsubishi Elevator Malaysia Sdn. Bhd.
  • Melco Thai Capital Co. Ltd.
  • International de Elevadores SA de CV
  • Melco Automotivos do Brasil Ltda.

Competitors

  • Shenzhen Inovance Technology Co., Ltd Class A
  • Rockwell Automation, Inc.
  • Infineon Technologies AG
  • Rechi Precision Co. Ltd.
  • Tadiran Holdings Ltd.
  • Cree, Inc.
  • Suzhou Good-Ark Electronics Co. Ltd. Class A
  • Valeo SA
  • Concepcion Industrial Corp.
  • Unitronics (1989) (RG) Ltd.
  • 360 Security Technology, Inc. Class A
  • American Superconductor Corporation
  • BorgWarner Inc.
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • EMCORE Corporation
  • Ideal Power Inc.
  • Canny Elevator Co., Ltd. Class A
  • Beijer Ref AB Class B
  • Broadcom Inc.
  • American Shared Hospital Services
  • Brimag Digital Age Ltd
  • Bruker Corporation
  • Loxley Public Co. Ltd.
  • Pixelworks, Inc.
  • RS Automation Co., Ltd.
Last Updated on 20 May, 2019

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