Last ¥1,156 JPY
Change Today +3.00 / 0.26%
Volume 395.0K
6503 On Other Exchanges
As of 8:21 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

mitsubishi electric corp (6503) Snapshot

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52 Week High
01/9/14 - ¥1,350
52 Week Low
06/7/13 - ¥858.00
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mitsubishi electric corp (6503) Details

Mitsubishi Electric Corporation develops, manufactures, sells, and distributes electric and electronic equipment worldwide. The company offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switches, switch control and display devices, surveillance-system control and security systems, locomotive and rolling stock electrical equipment, elevators, escalators, building security and management systems, particle beam treatment systems, and others. It also provides programmable logic and computerized numerical controllers, inverters, servomotors, human-machine interface, hoists, magnetic switches, time and power meters, uninterruptible power supply, industrial fans, electrical-discharge and laser processing machines, industrial robots, clutches, automotive electrical equipment, car electronics and mechatronics, car multimedia, and others. In addition, the company offers wireless and wired communications systems, surveillance cameras, satellite communication and radar equipment, satellites, antennas, missile systems, fire control systems, broadcasting and information systems equipment, data transmission devices, network security systems, systems integration products, and others. Further, it provides power modules, high-frequency devices, optical and LCD devices, microcomputers, system LSIs, and others; LCD and projection televisions, display monitors, projectors, Blu-ray disc recorders, room and package air conditioners, air-to-water heat pump boilers, refrigerators, electric fans, ventilators, photovoltaic and hot water supply systems, LED and fluorescent lamps, indoor lighting, compressors, chillers, dehumidifiers, air purifiers, showcases, cleaners, jar rice cookers, microwave ovens, IH cooking heaters, and others; and procurement, logistics, real estate, advertising, finance, and other services. Mitsubishi Electric Corporation was founded in 1921 and is headquartered in Tokyo, Japan.

120,958 Employees
Last Reported Date: 08/14/13
Founded in 1921

mitsubishi electric corp (6503) Top Compensated Officers

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mitsubishi electric corp (6503) Key Developments

Mitsubishi Electric Corporation Signs Contract to Officially Begin Developing the Satellite System

Mitsubishi Electric Corporation signed a contract to officially begin developing the satellite system. GOSAT-2 will feature a range of highly advanced instruments, including greenhouse gas and cloud/aerosol sensors, which will contribute to the Proactive Diplomatic Strategy for Countering Global Warming announced by the Japanese government at the UN Climate Change Conference (COP 19) in Warsaw, Poland last year. Weighing approximately 1.7 tons, GOSAT-2 will be put into a sun-synchronous sub-recurrent orbit with a design life of five years to observe concentrations and distributions of greenhouse gases and particulates in the global atmosphere.

Mitsubishi Electric Corporation to Launch NEXIEZ-LITE Elevators in India

Mitsubishi Electric Corporation announced the Indian-market launch of NEXIEZ-LITE, a new lineup in the company's NEXIEZ global series of elevators, for low- and mid-rise residential and office buildings beginning April 14. Annual sales of 1,000 units are targeted by 2016. Main features: standardized functions and specifications for India. Basic features suitable for low- and mid-rise buildings in India, helping to reduce lead-time while strengthening price. competitiveness. Mitsubishi Emergency Landing Device and safety functions such as Multi-beam Door Sensor are standard-equipped. Three types of car designs matched to architectural designs and colors suited to Indian tastes. Energy savings: gearless traction machine using a permanent magnetic motor reduces power consumption by 20% compared to inverter-controlled worm traction machines. LEDs for car lighting reduce power consumption by 75% compared to traditional incandescent bulbs. Mitsubishi Emergency Landing Device (MELD): in the event that passengers become trapped in a car due to a power failure, etc., MELD automatically checks the elevator status and then moves the car to the nearest floor using its rechargeable battery. Multi-beam Door Sensor. As the elevator doors close, a sensor uses multiple infrared beams to monitor the entire doorway. If any passenger/object entering/exiting the car is detected, the doors open immediately. Three newly designed car ceilings blend harmoniously with Indian architectural designs. Other NEXIEZ-LITE features: use: passenger conveyance; capacity (persons) 544 to 1,020 kg (8 to 15); speeds: 60 meters, or 105 meters, per minute and price by quote for each order.

Mitsubishi Electric to Open New Engineering Facility in Kobe

Mitsubishi Electric Corporation announced that it has completed construction of a new engineering facility in Kobe, Hyogo Prefecture to strengthen the company's engineering framework for expanded infrastructure-related business in fields such as public projects, power plants/systems and railway transportation. The facility will start operating from the end of April. Location: 1-1-2 Wadasakicho, Kobe, Hyogo Prefecture, Japan.


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Valuation 6503 Industry Range
Price/Earnings 22.0x
Price/Sales 0.7x
Price/Book 1.7x
Price/Cash Flow 22.0x
TEV/Sales 0.4x

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