Company Profile For Mitsubishi Electric Corporation

Mitsubishi Electric Corporation (6503.T) (Tokyo Stock Exchange)
sector: Industrials · industry: Industrial Conglomerates ·
As of  27 Nov 2009
589JPY
Price Change
-17
Percent Change
-2.81%
 
 
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Overview

Mitsubishi Electric Corporation is engaged in developing, manufacturing, selling and distribution of a range of electrical and electronic equipment in fields. The Company and its subsidiaries are organized in six segments: Energy and Electric Systems, Industrial Automation Systems, Information and Communication System, Electronic Devices, Home Appliances and Others. Manufacturing operations are conducted principally at 23 sites located in Japan and at overseas sites located in the United States, United Kingdom, Thailand, Malaysia, China and other countries. During the fiscal year ended March 31, 2009, the Energy and Electric Systems segment accounted for 25% of total sales, Industrial Automation Systems segment accounted for 21% of total sales, Information and Communication Systems accounted for 14% of total sales, Electronic Devices segment accounted for 4% of total sales, Home Appliances segment accounted for 22% of total sales and Other segment accounted for 14% of total sales.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Mitsubishi Electric Corporation's revenues decreased 19% to Y1.529T. Net loss totaled Y25.88B, vs. a net income of Y79.48B. Revenues reflect lower sales especially from industrial mechatronics and home appliance business segments. Net loss also suffers from a higher percentage of selling, general and administrative expenses, as well as the absence of Y2.10B equity gains.

Company Address

Mitsubishi Electric Corporation
2-7-3 Marunouchi
Chiyoda-ku   TKY   100-8310
P: +813.32182272
F: +813.32182185

Total Employees

110082

Find Out More About 6503.T

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