Corporate
Mitsubishi Electric Corporation was founded in 1921. The company began operations with the then Mitsubishi Shipping Company (now Mitsubishi Heavy Industries), setting up a factory in Kobe to make electric motors for ocean going vessels. Mitsubishi Electric began commercial production of its electric fans that very year and was immensely successful. Today Mitsubishi Electric has grown into a major global company with a reputation for developing and refining breakthrough technologies that has contributed significantly toward the evolution of the electronics and communication systems. Mitsubishi Electric is a Fortune 500 company.Activities
- Energy and Electric Systems The products covered under this business segment range from heavy electrical equipment for industrial application to light biometric devices for finger printing.
- Electronic Devices The products covered under this business segment range from power modules to optical devices and printed circuit boards.
- Industrial Automation Systems The products covered under this business segment range from programmable logic controllers to uninterrupted power supply devices and industrial robots
- Home Appliances The products covered under this business segment range from color TVs to refrigerators and microwave ovens
- Information and Communications The products covered under this business segment range from wireless communication equipment to artificial satellites and data transmission devices
Performance:
In fiscal 2006 Mitsubishi Electric recorded revenues of ¥ 3,604,185 million which was approximately 6 % higher than what it was in the last fiscal.The total value of the assets held by Mitsubishi Electric in fiscal 2006 was ¥ 3,313,742 million which was approximately 4 % higher than what it was in the last fiscal.
Value of assets over the last 2 fiscals (In million ¥)
Mitsubishi Electric’s net income in fiscal 2006 was ¥ 95.69 billion which was approximately 34 % higher than what it was in the last fiscal.
Net income growth over the last 2 fiscals (In billion ¥) 
OrganizationMitsubishi Electric is headed by Mr. R. Tomizawa who is the President the company.Mitsubishi Electric employs over 97,000 employees worldwide. Mitsubishi Electric’s head office is located at : Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo 100-8310 Japan Tel: 81-3-3218-2111 Website: www.global.mitsubishielectric.com |
InfrastructureMitsubishi Electric’s manufacturing units and R&D centers are spread out across Asia, Europe and the Americas.In Asia-Pacific, apart from Japan Mitsubishi Electric is present in:
Research & DevelopmentR&D has always been an area of strength in Mitsubishi Electric’s growth story. The R&D centers associated with advanced technology and information technology along with the Industrial Design Center and laboratories in the US and Europe work in synergy with the R&D set up of every business group.Mitsubishi Electric is working toward the integration of its business and development strategies with this highly advanced global R&D super structure. |
