TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its wholly owned subsidiaries Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. and Mitsubishi Electr
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announces that the candidates for Directors, who will be proposed for election at the Ordinary General Meeting of Shareholders sche
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will begin shipping samples of its latest optical device, a DFB-CAN with built-in wavelength monitor, on Ap
SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC (METUS) announces the introduction of Premier Wall-mounted Indoor Units (MSZ-GS/MSY-GS).
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its environmental efforts related to supply chains have earned the company designation as a 2023 “Supplier
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has reached agreement with Nozomi Networks Inc, a developer and distributor of operational technology (OT)
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it ranked fourth globally and first among Japanese companies in terms of international patent applications fil
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has signed an agreement with Dispel LLC, a developer and distributor of secure remote-access and operationa
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of its new 6.5W silicon radio-frequency (RF) high-power metal-oxide semiconduc
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announces an organizational changes and changes in the executive officer structure, and division of duties effective April 1, 2024
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its dividend forecast for the current fiscal year ending March 31, 2024 (fiscal 2024). The full document on Mitsub
As of December 31, 2023, Mitsubishi Electric has completed 74% of its current share buyback plan, which expires at the end of March this year. There are signs suggesting that a turnaround is in sight
Coherent Corp shares jumped on Tuesday following the announcement of a substantial $1 billion investment into its silicon carbide business from two Japanese manufacturers. Denso Corporation and Mitsub

Mitsubishi Electric: A Mixed Picture

12:29pm, Monday, 18'th Sep 2023
Mitsubishi Electric Corporation suffered from an EBITDA miss in Q1 FY 2024, and the company's consensus full-year FY 2024 EBITDA forecast was cut in recent months. The company is allocating as much as
The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing facility in the southern state of Tamil Nadu.
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