Last €9.46 EUR
Change Today -0.054 / -0.57%
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As of 7:49 AM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

mitsubishi electric corp (MIE1) Snapshot

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52 Week High
09/29/14 - €10.58
52 Week Low
04/11/14 - €7.72
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mitsubishi electric corp (MIE1) Details

Mitsubishi Electric Corporation manufactures and sells electrical and electronic products and systems worldwide. The company’s Energy and Electric Systems segment 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, and particle beam treatment systems. Its Industrial Automation Systems segment 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, and car multimedia. The company’s Information and Communication Systems segment offers wireless and wired communications systems, surveillance cameras, satellite communication and radar equipment, antennas, missile and fire control systems, broadcasting and information systems equipment, data transmission devices, network security systems, and systems integration products. Its Electronic Devices segment provides power modules, high-frequency devices, and optical and LCD devices. The company’s Home Appliances segment offers LCD televisions, air conditioners, air-to-water heat pump boilers, refrigerators, electric fans, ventilators, photovoltaic power generation and hot water supply systems, LED and fluorescent lamps, indoor lighting, compressors, chillers, dehumidifiers, air purifiers, showcases, cleaners, rice cookers, microwave ovens, and IH cooking heaters. Its Others segment provides procurement, logistics, real estate, advertising, finance, and other services. The company was founded in 1921 and is headquartered in Tokyo, Japan.

124,305 Employees
Last Reported Date: 07/30/14
Founded in 1921

mitsubishi electric corp (MIE1) Top Compensated Officers

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mitsubishi electric corp (MIE1) Key Developments

Mitsubishi Electric Corporation Announces the Launch of New 12.1-Inch WXGA

Mitsubishi Electric Corporation announced the launch of its new 12.1-inch WXGA, 15.0-inch SXGA+ TFT-LCD modules for industrial applications such as medical equipment, measuring instruments and ship/train instruments. The modules feature an unprecedented combination of super-wide 170-degree horizontal/vertical view angles, high resolution, 500/1,000 cd/m2 high brightness, 1000:1 high contrast ratio, -30 to 80 degree Celsius operating temperature range, and 100,000 standard hours of LED backlight life. Sales will begin December 1, 2014 through Mitsubishi Electric global offices.

Mitsubishi Electric Corporation Establishes New Showroom in Republic of Korea

Mitsubishi Electric Corporation has announced the establishment of a new showroom within the headquarters of Mitsubishi Electric Automation Korea Co. Ltd. The showroom will open on November 10 and further strengthen FA sales and service capabilities in Korea, underpinning the local FA Systems sales target of JPY 45 billion in the fiscal year ending in March 2016. The new showroom consists of two sections. The FA product and solutions display features programmable controllers, inverters, servos, displays and other equipment, as well as solutions that, for example, show how e-Factory supports the visualization of plant operations. Meanwhile, the numerical controller/processing machine technical center features electrical discharge, laser processing, and other machines, while also providing test processing, technical guidance, and training and technology seminars.

Mitsubishi Electric Corporation Establishes Mitsubishi Electric (Russia) LLC

Mitsubishi Electric Corporation has established Mitsubishi Electric (Russia) LLC, which started operations in October 2014. The new company will now act as the comprehensive sales company of Mitsubishi Electric for Russia and the surrounding countries for further strengthening the Air Conditioning, Factory Automation and other businesses in the region.


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MIE1 Competitors

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Mitsubishi Heavy Industries Ltd ¥675.60 JPY -6.30
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Valuation MIE1 Industry Range
Price/Earnings 13.8x
Price/Sales 0.7x
Price/Book 1.7x
Price/Cash Flow 13.8x
TEV/Sales 0.4x

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