Electronic Technology
Mitsubishi Electric Corp.
- 1,536.00 JPY
- +21.50
- +1.42%
Japan
Apr 24, 2019Ticker
TKS(6503)Prev. close
1,514.5Market cap (JPY)
3,251.93BMarket cap (USD)
29,068.89MShares
2,147.20M
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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 2018 | JPY | USD |
| Revenue | 4,431.19B | 39,981.06M |
| Gross Profit | 1,417.63B | 12,790.75M |
| Operating income | 338,518M | 3,054.32M |
| Income before tax | 364,578M | 3,289.45M |
| Net income | 271,880M | 2,453.07M |
| EBITDA | 517,407M | 4,668.37M |
| Diluted EPS | 126.70 | 1.14 |
| Dividends Per Share | 40 | 0.36 |
| Total Assets | 4,264.55B | 40,099.27M |
| Total liabilities | 1,900.41B | 17,869.42M |
| Total equity | 2,259.35B | 21,244.51M |
| Operating cash flow | 240,450M | 2,169.49M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
| Revenue | 4,054.35B | 4,323.04B | 4,394.35B | 4,238.66B | 4,431.19B |
| Gross Profit | 1,154.90B | 1,306.55B | 1,338.78B | 1,304.27B | 1,417.63B |
| Operating income | 238,963M | 320,689M | 309,654M | 273,548M | 338,518M |
| Income before tax | 248,990M | 322,968M | 318,476M | 296,249M | 364,578M |
| Net income | 153,473M | 234,694M | 228,494M | 210,493M | 271,880M |
| EBITDA | 371,919M | 476,894M | 473,909M | 437,795M | 517,407M |
| Diluted EPS | 71.49 | 109.32 | 106.43 | 98.07 | 126.70 |
| Dividends Per Share | 17 | 27 | 27 | 27 | 40 |
| Total Assets | 3,612.96B | 4,059.45B | 4,059.94B | 4,172.27B | 4,264.55B |
| Total liabilities | 2,012.61B | 2,129.28B | 2,122.43B | 2,031.56B | 1,900.41B |
| Total equity | 1,524.32B | 1,842.20B | 1,838.77B | 2,039.62B | 2,259.35B |
| Operating cash flow | 440,487M | 378,313M | 366,677M | 365,950M | 240,450M |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
| Revenue | 40,474.17M | 39,351.71M | 36,593.90M | 39,142.70M | 39,981.06M |
| Gross Profit | 11,529.27M | 11,893.26M | 11,148.71M | 12,044.53M | 12,790.75M |
| Operating income | 2,385.53M | 2,919.16M | 2,578.63M | 2,526.12M | 3,054.32M |
| Income before tax | 2,485.63M | 2,939.90M | 2,652.10M | 2,735.76M | 3,289.45M |
| Net income | 1,532.10M | 2,136.36M | 1,902.78M | 1,943.83M | 2,453.07M |
| EBITDA | 3,712.82M | 4,341.06M | 3,946.46M | 4,042.89M | 4,668.37M |
| Diluted EPS | 0.71 | 0.99 | 0.88 | 0.90 | 1.14 |
| Dividends Per Share | 0.16 | 0.24 | 0.22 | 0.24 | 0.36 |
| Total Assets | 35,082.44M | 33,849.91M | 36,122.07M | 37,442.96M | 40,099.27M |
| Total liabilities | 19,542.79M | 17,755.12M | 18,883.74M | 18,231.73M | 17,869.42M |
| Total equity | 14,801.39M | 15,361.29M | 16,359.91M | 18,304.11M | 21,244.51M |
| Operating cash flow | 4,397.32M | 3,443.70M | 3,053.49M | 3,379.42M | 2,169.49M |
Valuation Measures
| Mar 2018 | |
| PER | 13.42 |
| ROA | 6.44% |
| ROE | 12.64% |
| Operating margin | 7.63% |
| Profit margin | 6.13% |
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%)
- First Eagle Investment Management LLC (1.3%)
- BlackRock Fund Advisors (1.3%)
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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- Mitsubishi Elctric (Russia) LLC
- PT Mitsubishi Electric Automotive Indonesia
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- Digitec Industrial Ltd.
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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.
- Infineon Technologies AG
- Rechi Precision Co. Ltd.
- Tadiran Holdings Ltd.
- Cree, Inc.
- Suzhou Good-Ark Electronics Co. Ltd. Class A
- 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
- 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.
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Last Updated on 24 Apr, 2019