Electronic Technology
Mitsubishi Electric Corp.
- 1,478.50 JPY
- +6.50
- +0.44%
Japan
Sep 17, 2019Ticker
TKS(6503)Prev. close
1,472Market cap (JPY)
3,160.68BMarket cap (USD)
29,203.36MShares
2,147.20M
In the news
- China's cash-strapped families forgo new appliances Aug 31, 2019
- 100 Japanese manufacturers harness blockchain to share data Jun 17, 2019
- Japan's record economic growth faces shaky outlook May 29, 2019
- US-China talks seek breakthrough as tariffs sink trade Jan 8, 2019
- Philippines sounded out by Japan on air-defense radar Dec 8, 2018 See more articles on 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 2019 | JPY | USD |
| Revenue | 4,519.92B | 40,758.68M |
| Gross Profit | 1,545.84B | 13,939.76M |
| Operating income | 289,758M | 2,612.91M |
| Income before tax | 315,958M | 2,849.17M |
| Net income | 226,648M | 2,043.81M |
| EBITDA | 466,005M | 4,202.23M |
| Diluted EPS | 105.65 | 0.95 |
| Dividends Per Share | 40 | 0.36 |
| Total Assets | 4,356.21B | 39,356.83M |
| Total liabilities | 1,845.05B | 16,669.43M |
| Total equity | 2,399.94B | 21,682.66M |
| Operating cash flow | 239,817M | 2,162.56M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 4,323.04B | 4,394.35B | 4,238.66B | 4,444.42B | 4,519.92B |
| Gross Profit | 1,306.55B | 1,338.78B | 1,304.27B | 1,564.28B | 1,545.84B |
| Operating income | 320,689M | 309,654M | 273,548M | 332,614M | 289,758M |
| Income before tax | 322,968M | 318,476M | 296,249M | 353,206M | 315,958M |
| Net income | 234,694M | 228,494M | 210,493M | 255,755M | 226,648M |
| EBITDA | 476,894M | 473,909M | 437,795M | 509,886M | 466,005M |
| Diluted EPS | 109.32 | 106.43 | 98.07 | 119.18 | 105.65 |
| Dividends Per Share | 27 | 27 | 27 | 40 | 40 |
| Total Assets | 4,059.45B | 4,059.94B | 4,172.27B | 4,305.58B | 4,356.21B |
| Total liabilities | 2,129.28B | 2,122.43B | 2,031.56B | 1,908.36B | 1,845.05B |
| Total equity | 1,842.20B | 1,838.77B | 2,039.62B | 2,294.17B | 2,399.94B |
| Operating cash flow | 378,313M | 366,677M | 365,950M | 265,768M | 239,817M |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 39,351.71M | 36,593.90M | 39,142.70M | 40,100.39M | 40,758.68M |
| Gross Profit | 11,893.26M | 11,148.71M | 12,044.53M | 14,113.94M | 13,939.76M |
| Operating income | 2,919.16M | 2,578.63M | 2,526.12M | 3,001.05M | 2,612.91M |
| Income before tax | 2,939.90M | 2,652.10M | 2,735.76M | 3,186.84M | 2,849.17M |
| Net income | 2,136.36M | 1,902.78M | 1,943.83M | 2,307.58M | 2,043.81M |
| EBITDA | 4,341.06M | 3,946.46M | 4,042.89M | 4,600.51M | 4,202.23M |
| Diluted EPS | 0.99 | 0.88 | 0.90 | 1.07 | 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 | 40,484.99M | 39,356.83M |
| Total liabilities | 17,755.12M | 18,883.74M | 18,231.73M | 17,944.15M | 16,669.43M |
| Total equity | 15,361.29M | 16,359.91M | 18,304.11M | 21,571.91M | 21,682.66M |
| Operating cash flow | 3,443.70M | 3,053.49M | 3,379.42M | 2,397.92M | 2,162.56M |
Valuation Measures
| Mar 2019 | |
| PER | 13.46 |
| ROA | 5.23% |
| ROE | 9.65% |
| Operating margin | 6.41% |
| Profit margin | 5.01% |
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%)
- BlackRock Fund Advisors (2.5%)
- Nomura Asset Management Co., Ltd. (2.5%)
- The Vanguard Group, Inc. (2.4%)
- Mitsubishi Electric Group Employees Shareholding Union (1.9%)
- BlackRock Japan Co., Ltd. (1.5%)
- Nikko Asset Management Co., Ltd. (1.4%)
Contact Details
- Website:http://www.mitsubishielectric.co.jp
- Address: Tokyo Building, 2-7-3 Marunouchi, Tokyo, 100-8310, Japan
- Phone: +81.3.3218.2111
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- 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
- Rockwell Automation, Inc.
- Maxar Technologies, Inc.
- Infineon Technologies AG
- Rechi Precision Co. Ltd.
- RS Automation Co., Ltd.
- Tadiran Holdings Ltd.
- Cree, Inc.
- Suzhou Good-Ark Electronics Co. Ltd. Class A
- Valeo SA
- Concepcion Industrial Corp.
- 360 Security Technology, Inc. Class A
- Landis+Gyr Group AG
- BorgWarner Inc.
- Hengdian Group DMEGC Magnetics Co., Ltd Class A
- EMCORE Corporation
- Ideal Power Inc.
- Canny Elevator Co., Ltd. Class A
- Unitronics (1989) (RG) Ltd.
- Beijer Ref AB Class B
- Broadcom Inc.
- American Shared Hospital Services
- Brimag Digital Age Ltd
- Bruker Corporation
- Loxley Public Co. Ltd.
- Pixelworks, Inc.
- Win Semiconductors Corp.
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Last Updated on 17 Sep, 2019