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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 2020 JPYUSD
Revenue4,462.50B41,043.70M
Gross Profit1,469.18B13,512.75M
Operating income245,264M2,255.80M
Income before tax281,986M2,593.55M
Net income221,834M2,040.30M
EBITDA455,950M4,193.57M
Diluted EPS103.410.95
Dividends Per Share400.36
Total Assets4,409.77B40,848.23M
Total liabilities1,870.91B17,330.47M
Total equity2,429.74B22,506.99M
Operating cash flow395,834M3,640.66M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,394.35B 4,238.66B 4,444.42B 4,519.92B 4,462.50B
Gross Profit 1,338.78B 1,304.27B 1,564.28B 1,545.84B 1,469.18B
Operating income 309,654M 273,548M 332,614M 289,758M 245,264M
Income before tax 318,476M 296,249M 353,206M 315,958M 281,986M
Net income 228,494M 210,493M 255,755M 226,648M 221,834M
EBITDA 473,909M 437,795M 509,886M 466,005M 455,950M
Diluted EPS 106.43 98.07 119.18 105.65 103.41
Dividends Per Share 27 27 40 40 40
Total Assets 4,059.94B 4,172.27B 4,305.58B 4,356.21B 4,409.77B
Total liabilities 2,122.43B 2,031.56B 1,908.36B 1,845.05B 1,870.91B
Total equity 1,838.77B 2,039.62B 2,294.17B 2,399.94B 2,429.74B
Operating cash flow 366,677M 365,950M 265,768M 239,817M 395,834M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 36,593.90M 39,142.70M 40,100.39M 40,758.68M 41,043.70M
Gross Profit 11,148.71M 12,044.53M 14,113.94M 13,939.76M 13,512.75M
Operating income 2,578.63M 2,526.12M 3,001.05M 2,612.91M 2,255.80M
Income before tax 2,652.10M 2,735.76M 3,186.84M 2,849.17M 2,593.55M
Net income 1,902.78M 1,943.83M 2,307.58M 2,043.81M 2,040.30M
EBITDA 3,946.46M 4,042.89M 4,600.51M 4,202.23M 4,193.57M
Diluted EPS 0.88 0.90 1.07 0.95 0.95
Dividends Per Share 0.22 0.24 0.36 0.36 0.36
Total Assets 36,122.07M 37,442.96M 40,484.99M 39,356.83M 40,848.23M
Total liabilities 18,883.74M 18,231.73M 17,944.15M 16,669.43M 17,330.47M
Total equity 16,359.91M 18,304.11M 21,571.91M 21,682.66M 22,506.99M
Operating cash flow 3,053.49M 3,379.42M 2,397.92M 2,162.56M 3,640.66M

Valuation Measures

Mar 2020
PER12.90
ROA5.06%
ROE9.18%
Operating margin5.49%
Profit margin4.97%

Key executives

  • President, CEO & Director: Takeshi Sugiyama
  • Senior Managing Executive Officer: Isao Iguchi
  • Director & Head-Accounting: Tadashi Kawagoishi
  • Managing Executive Officer: Tadashi Matsumoto
  • Manager-Accounting Section: Yoshinobu Yoshinaga

Shareholders

  • Dodge & Cox (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.1%)
  • Meiji Yasuda Life Insurance Co. (3.8%)
  • Nomura Asset Management Co., Ltd. (3.3%)
  • Nippon Life Insurance Co. (2.8%)
  • The Vanguard Group, Inc. (2.6%)
  • BlackRock Fund Advisors (2.5%)
  • Mitsubishi Electric Group Employees Shareholding Union (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • BlackRock Japan Co., Ltd. (1.5%)

Contact Details

Related Companies

  • ASTES4 SA
  • Mitsubishi Electric Klimat Transportation Systems SpA
  • Mitsubishi Electric Corp. /Particle-Beam Radiat'n Therapy Bus/
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  • MEIS Co., Ltd.
  • Mitsubishi Electric Board Incentive Plan
  • Mitsubishi Electric Business Association
  • Mitsubishi Electric Air Conditioning & Refrigeration Systems
  • Mitsubishi Electric Air Conditioning & Refrigeration Equipment
  • Mitsubishi Electric TOKKI Systems Corp.
  • Middle East Electric Co. WLL
  • Ryoden International Ltd.
  • Mitsubishi Electric Automotive India Pvt Ltd.
  • Mitsubishi Electric Automotive de Mexico SA de CV
  • PT Mitsubishi Jaya Elevator & Escalator
  • Mitsubishi Elctric (Russia) LLC
  • PT Mitsubishi Electric Automotive Indonesia
  • Mitsubishi Electric Automation Manufacturing (Changshu) Co. Lt
  • Digitec Industrial Ltd.
  • Mitsubishi Electric Ryoden Air Conditioning
  • Xi-Ling Electric Power Products Manufacturing Co. Ltd.
  • Mitsubishi Electric Korea Co. Ltd.
  • 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
  • NEC Corp.
  • MKS Instruments, Inc.
  • Infineon Technologies AG
  • Rockwell Automation, Inc.
  • Carrier Global Corp.
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • Suzhou Good-Ark Electronics Co. Ltd. Class A
  • Lumentum Holdings, Inc.
  • RS Automation Co., Ltd.
  • Beijer Ref AB Class B
  • Concepcion Industrial Corp.
  • Daktronics, Inc.
  • Broadcom Inc.
  • Tadiran Holdings Ltd.
  • Trina Solar Ltd Class A
  • Yungtay Engineering Co., Ltd.
  • Maxar Technologies, Inc.
  • Unitronics (1989) (RG) Ltd.
  • BorgWarner Inc.
  • Cree, Inc.
  • American Shared Hospital Services
  • Brimag Digital Age Ltd
  • Bruker Corporation
  • Ideal Power Inc.
  • Loxley Public Co. Ltd.
  • Nirmitee Robotics India Ltd
  • Pixelworks, Inc.
  • StarPower Semiconductor Ltd. Class A
  • Win Semiconductors Corp.
Last Updated on 8 Jul, 2020

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