Mitsubishi Electric Corp. Unsponsored ADR
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in mil. unless spec.Company Description
- CEO
- Kei Uruma
- Full Time Employees
- 150,386
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- Tokyo Building Tokyo TY Japan 100-8310
- IPO Date
- Nov 18, 1996
- Website
- mitsubishielectric.com
- Similar Companies
- Business
- Mitsubishi Electric Corporation engages primarily in the manufacture and sale of electrical and electronic equipment and systems across various industries. Its main product offerings include factory automation systems such as programmable controllers, numerical controllers, AC servos, inverters, geared motors, robots, and lasers; automotive equipment embracing electrification components, advanced driver-assistance systems (ADAS), vehicle control products, and in-vehicle infotainment; building systems including elevators, escalators, and monitoring solutions; living environment products such as room air conditioners, package air conditioners, variable refrigerant flow (VRF) systems, air purifiers, dehumidifiers, compressors, and ventilation fans; energy and industrial systems covering power generation, transmission and distribution equipment, nuclear systems, and smart metering; public utility systems featuring water environment solutions, uninterruptible power supplies (UPS), transportation systems, and communication devices; defense and space systems including high-precision positioning receivers and contact image sensors; and data utilization services delivering energy and facility solutions, mobility solutions, and operational technology (OT) security solutions. Mitsubishi Electric operates globally with significant presence in Japan, the Americas, Europe, and Asia-Pacific regions. Founded in 1921, the company is headquartered in Tokyo, Japan. In recent major developments, Mitsubishi Electric announced the acquisition of Nozomi Networks, a San Francisco-based leader in operational technology (OT) and internet of things (IoT) cybersecurity, in a transaction valued near $1 billion set to close by the end of 2025. This acquisition marks Mitsubishi Electric's largest to date, aiming to enhance its portfolio with AI-powered, cloud-first cybersecurity software to accelerate digital transformation and improve security, efficiency, and resilience for critical infrastructure clients worldwide. The company has also expanded its manufacturing footprint with investments in air conditioning and climate technology production in India and announced plans to introduce electric vehicles in Europe. Additionally, Mitsubishi Electric Europe acquired Crystal Air Holdings Limited, an Irish air conditioning company, to further strengthen its HVAC business. These strategic moves underline Mitsubishi Electric’s focus on expanding its technological capabilities in cybersecurity, sustainable energy, and mobility solutions while reinforcing its position in climate control and factory automation sectors. Mitsubishi Electric's industry segments cover industrial automation, automotive equipment, building systems, energy infrastructure, public and defense systems, and digital business solutions. Its end markets include manufacturing, transportation, utilities, commercial and residential buildings, automotive, aerospace, and national defense sectors. The company’s subsidiaries and regional units ensure a broad global operational scope, offering integrated technical solutions and after-sales services. Mitsubishi Electric continues to leverage its century-long expertise to drive innovation in advanced technological products and system integration across diverse global markets.
Company News
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