Producer Manufacturing 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 2023
JPY USD Revenue 5,003.69B 36,922.87M Gross Profit 1,619.29B 11,949.00M Operating income 258,932M 1,910.69M Income before tax 270,358M 1,995.00M Net income 213,908M 1,578.45M EBITDA 472,775M 3,488.66M Diluted EPS 101.29 0.74 Dividends Per Share 40 0.29 Total Assets 5,582.51B 41,945.44M Total liabilities 2,218.36B 16,668.15M Total equity 3,239.02B 24,337.11M Operating cash flow 166,711M 1,230.18M Currency in JPY Currency in USD
Historical Data Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
4,519.92B
4,462.50B
4,191.43B
4,476.75B
5,003.69B
Gross Profit
1,545.84B
1,469.18B
1,364.94B
1,459.68B
1,619.29B
Operating income
289,758M
245,264M
220,772M
250,868M
258,932M
Income before tax
315,958M
281,986M
239,503M
261,259M
270,358M
Net income
226,648M
221,834M
193,132M
203,482M
213,908M
EBITDA
466,005M
455,950M
434,092M
457,681M
472,775M
Diluted EPS
105.65
103.41
90.02
95.40
101.29
Dividends Per Share
40
40
36
40
40
Total Assets
4,356.21B
4,409.77B
4,797.92B
5,107.97B
5,582.51B
Total liabilities
1,845.05B
1,870.91B
1,927.31B
2,010.57B
2,218.36B
Total equity
2,399.94B
2,429.74B
2,754.29B
2,975.94B
3,239.02B
Operating cash flow
239,817M
395,834M
542,119M
282,371M
166,711M
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
40,758.68M
41,043.70M
39,520.41M
39,838.49M
36,922.87M
Gross Profit
13,939.76M
13,512.75M
12,869.89M
12,989.68M
11,949.00M
Operating income
2,612.91M
2,255.80M
2,081.62M
2,232.46M
1,910.69M
Income before tax
2,849.17M
2,593.55M
2,258.23M
2,324.93M
1,995.00M
Net income
2,043.81M
2,040.30M
1,821.01M
1,810.77M
1,578.45M
EBITDA
4,202.23M
4,193.57M
4,092.99M
4,072.88M
3,488.66M
Diluted EPS
0.95
0.95
0.84
0.84
0.74
Dividends Per Share
0.36
0.36
0.33
0.35
0.29
Total Assets
39,356.83M
40,848.23M
43,420.10M
42,084.22M
41,945.44M
Total liabilities
16,669.43M
17,330.47M
17,441.72M
16,564.99M
16,668.15M
Total equity
21,682.66M
22,506.99M
24,925.72M
24,518.56M
24,337.11M
Operating cash flow
2,162.56M
3,640.66M
5,111.56M
2,512.80M
1,230.18M
Valuation Measures
Mar 2023
PER 15.58 ROA 4.00% ROE 6.88% Operating margin 5.17% Profit margin 4.27%
Management
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
Executive Officer & Head-Domestic Sales:
Katsuya Furuta Shareholders
Dodge & Cox (5.0%)
Meiji Yasuda Life Insurance Co. (3.8%)
Nomura Asset Management Co., Ltd. (3.6%)
Mitsubishi UFJ Trust & Banking Pension Fund (3.6%)
The Vanguard Group, Inc. (3.0%)
BlackRock Fund Advisors (2.7%)
Mitsubishi Electric Group Employees Shareholding Union (2.1%)
Mitsubishi Electric Corp. (2.0%)
First Eagle Investment Management LLC (1.8%)
Nippon Life Insurance Co. (1.6%)
Related Companies
Melco Facilities Corp.
Mitsubishi Electric Air Conditioning Systems Manufacturing
Mitsubishi Electric Mechatronics Engineering Corp.
Mitsubishi Electric IT Solutions Corp.
Mitsubishi Electric Micro-Computer Application Software Co.
Mitsubishi Electric Control Panel Corp.
Mitsubishi Electric Public Utility Equipment Corp.
Relic, Inc. /Gokusen Sanchi Web Bus/
Melco Power Device Corp.
Melco Semiconductor Engineering Corp.
ASTES4 SA
Mitsubishi Electric Hydronics & IT Cooling Systems SpA
Mitsubishi Electric Klimat Transportation Systems SpA
Mitsubishi Electric Corp. /Particle-Beam Radiat'n Therapy Bus/
Mitsubishi Electric Visual Solutions America, Inc.
MEIS Co., Ltd.
Motum AB
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
Competitors
ABB Ltd.
Shenzhen Inovance Technology Co., Ltd Class A
Zhuzhou CRRC Times Electric Co., Ltd. Class H
MKS Instruments, Inc.
Rockwell Automation, Inc.
Infineon Technologies AG
Beijer Ref AB Class B
Wuxi Xinje Electric Co. Ltd. Class A
Macmic Science & Technology Co. Ltd. Class A
Power Integrations, Inc.
Aplex Technology Inc.
Tadiran Group Ltd
3S KOREA Co., Ltd.
RS Automation Co., Ltd.
SP SYSTEMS Co., Ltd.
Shenyang Brilliant Elevator Co Ltd Class A
Daktronics, Inc.
Airbus SE
Broadcom Inc.
Hong Wei Electrical Industry Co., Ltd.
IFE Elevators Co. Ltd. Class A
Jiangsu Huachen Transformer Co., Ltd. Class A
Chongqing Wangbian Electric (Group) Corp. Ltd. Class A
Canny Elevator Co., Ltd. Class A
Nauticus Robotics, Inc.
Ofuna Technology Co Ltd
Unitronics (1989) (RG) Ltd.
Wolfspeed Inc
Bruker Corporation
American Shared Hospital Services
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Last Updated on 22 Sep, 2023
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