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Electronic Technology

Mitsubishi Electric Corp.

  • 1,460.50 JPY
  • +1.50
  • +0.10%
  • Japan
    Jun 20, 2018
  • Ticker
    TKS(6503)
  • Prev. close
    1,459
  • Market cap (JPY)
    3,132.76B
  • Market cap (USD)
    28,449.94M
  • Shares
    2,147.20M

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 JPYUSD
Revenue4,431.19B39,981.06M
Gross Profit1,400.29B12,634.35M
Operating income338,518M3,054.32M
Income before tax364,578M3,289.45M
Net income271,880M2,453.07M
EBITDA512,407M4,623.25M
Diluted EPS126.701.14
Dividends Per Share400.36
Total Assets4,264.55B40,099.27M
Total liabilities1,900.41B17,869.42M
Total equity2,259.35B21,244.51M
Operating cash flow240,450M2,169.49M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 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 1,400.29B
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 512,407M
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 4,180.02B 4,264.55B
Total liabilities 2,012.61B 2,129.28B 2,122.43B 2,039.31B 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 2014Mar 2015Mar 2016Mar 2017Mar 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 12,634.35M
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 4,623.25M
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 37,512.55M 40,099.27M
Total liabilities 19,542.79M 17,755.12M 18,883.74M 18,301.31M 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
PER13.42
ROA6.43%
ROE12.64%
Operating margin7.63%
Profit margin6.13%

Key executives

  • President & Chief Executive Officer: Takeshi Sugiyama
  • Director, Head-Finance & Accounting: Akihiro Matsuyama
  • Head-Information Technology & Development: Kenji Kondo
  • Director, Head-Legal Affairs, HR & Compliance: Nobuyuki Okuma
  • Director, EVP & Head-Corporate Planning: Yutaka Ohashi

Shareholders

  • Meiji Yasuda Life Insurance Co. (3.8%)
  • Dodge & Cox (3.7%)
  • Nippon Life Insurance Co. (2.8%)
  • BlackRock Fund Advisors (2.5%)
  • Nomura Asset Management Co., Ltd. (2.4%)
  • The Vanguard Group, Inc. (2.2%)
  • Mitsubishi Electric Group Employees Shareholding Union (1.9%)
  • BlackRock Japan Co., Ltd. (1.7%)
  • T. Rowe Price Associates, Inc. (1.4%)
  • Nikko Asset Management Co., Ltd. (1.3%)

Contact Details

Related Companies

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  • MEIS Co., Ltd.
  • 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
  • Digitec Industrial Ltd.
  • Mitsubishi Electric Ryoden Air Conditioning
  • 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.
  • Mitsubishi Electric Automation (Hong Kong) Ltd.

Competitors

  • Shenzhen Inovance Technology Co., Ltd Class A
  • Rockwell Automation, Inc.
  • Maxar Technologies Ltd.
  • Infineon Technologies AG
  • Rechi Precision Co. Ltd.
  • Georg Fischer AG
  • Tadiran Holdings Ltd.
  • Cree, Inc.
  • Suzhou Good-Ark Electronics Co. Ltd. Class A
  • Hyundai Heavy Industries Holdings Co., Ltd.
  • Ningbo Donly Co Ltd. Class A
  • 360 Security Technology Inc. Class A
  • American Superconductor Corporation
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • Electro Scientific Industries, Inc.
  • EMCORE Corporation
  • Motech Industries, Inc.
  • Orbotech Ltd.
  • Broadcom Inc.
  • American Shared Hospital Services
  • Brimag Digital Age Ltd
  • Bruker Corporation
  • Loxley Public Co. Ltd.
  • Pixelworks, Inc.
Last Updated on 20 Jun, 2018

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