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 2022
JPY USD Revenue 4,476.75B 39,838.49M Gross Profit 1,459.68B 12,989.68M Operating income 250,868M 2,232.46M Income before tax 261,259M 2,324.93M Net income 203,482M 1,810.77M EBITDA 457,681M 4,072.88M Diluted EPS 95.40 0.84 Dividends Per Share 40 0.35 Total Assets 5,107.97B 42,084.22M Total liabilities 2,010.57B 16,564.99M Total equity 2,975.94B 24,518.56M Operating cash flow 282,371M 2,512.80M Currency in JPY Currency in USD
Historical Data Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
4,444.42B
4,519.92B
4,462.50B
4,191.43B
4,476.75B
Gross Profit
1,564.28B
1,545.84B
1,469.18B
1,364.94B
1,459.68B
Operating income
332,614M
289,758M
245,264M
220,772M
250,868M
Income before tax
353,206M
315,958M
281,986M
239,503M
261,259M
Net income
255,755M
226,648M
221,834M
193,132M
203,482M
EBITDA
509,886M
466,005M
455,950M
434,092M
457,681M
Diluted EPS
119.18
105.65
103.41
90.02
95.40
Dividends Per Share
40
40
40
36
40
Total Assets
4,305.58B
4,356.21B
4,409.77B
4,797.92B
5,107.97B
Total liabilities
1,908.36B
1,845.05B
1,870.91B
1,927.31B
2,010.57B
Total equity
2,294.17B
2,399.94B
2,429.74B
2,754.29B
2,975.94B
Operating cash flow
265,768M
239,817M
395,834M
542,119M
282,371M
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
40,100.39M
40,758.68M
41,043.70M
39,520.41M
39,838.49M
Gross Profit
14,113.94M
13,939.76M
13,512.75M
12,869.89M
12,989.68M
Operating income
3,001.05M
2,612.91M
2,255.80M
2,081.62M
2,232.46M
Income before tax
3,186.84M
2,849.17M
2,593.55M
2,258.23M
2,324.93M
Net income
2,307.58M
2,043.81M
2,040.30M
1,821.01M
1,810.77M
EBITDA
4,600.51M
4,202.23M
4,193.57M
4,092.99M
4,072.88M
Diluted EPS
1.07
0.95
0.95
0.84
0.84
Dividends Per Share
0.36
0.36
0.36
0.33
0.35
Total Assets
40,484.99M
39,356.83M
40,848.23M
43,420.10M
42,084.22M
Total liabilities
17,944.15M
16,669.43M
17,330.47M
17,441.72M
16,564.99M
Total equity
21,571.91M
21,682.66M
22,506.99M
24,925.72M
24,518.56M
Operating cash flow
2,397.92M
2,162.56M
3,640.66M
5,111.56M
2,512.80M
Valuation Measures
Mar 2022
PER 14.77 ROA 4.10% ROE 7.10% Operating margin 5.60% Profit margin 4.54%
Key executives
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. (3.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
BlackRock Fund Advisors (2.7%)
The Vanguard Group, Inc. (2.3%)
Mitsubishi Electric Group Employees Shareholding Union (2.0%)
First Eagle Investment Management LLC (1.9%)
Nikko Asset Management Co., Ltd. (1.7%)
Nippon Life Insurance Co. (1.6%)
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Competitors
ABB Ltd.
Shenzhen Inovance Technology Co., Ltd Class A
MKS Instruments, Inc.
Infineon Technologies AG
Rockwell Automation, Inc.
Ningbo Dechang Electrical Machinery Made Co. Ltd. Class A
Beijer Ref AB Class B
Wuxi Xinje Electric Co. Ltd. Class A
Suzhou Good-Ark Electronics Co. Ltd. Class A
Lumentum Holdings, Inc.
Carrier Global Corp.
RS Automation Co., Ltd.
Shenyang Brilliant Elevator Co Ltd Class A
StarPower Semiconductor Ltd. Class A
Daktronics, Inc.
Sodick Co., Ltd.
Airbus SE
Broadcom Inc.
Tadiran Group Ltd
Maxar Technologies, Inc.
Stem Inc
Unitronics (1989) (RG) Ltd.
Wolfspeed Inc
M2I Corp.
American Shared Hospital Services
Bruker Corporation
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Loxley Public Co. Ltd.
Pixelworks, Inc.
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
Last Updated on 18 Aug, 2022
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