Electronic Technology
Mitsubishi Electric Corp.
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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 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
- 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. (2.9%)
- Nippon Life Insurance Co. (2.8%)
- The Vanguard Group, Inc. (2.5%)
- BlackRock Fund Advisors (2.5%)
- 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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Competitors
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Last Updated on 3 Apr, 2020