Mitsubishi Electric

Mitsubishi Electric Corporation
三菱電機株式会社
Native name
 三菱電機株式会社
Public
Traded as TYO: 6503
LSE: MEL
Industry Electrical equipment
Electronics
Founded January 15, 1921 (1921-01-15)
Tokyo, Japan
Headquarters Tokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan
Key people
 Setsuhiro Shimomura (Chairman),
Masaki Sakuyama
(President & CEO)
Products Energy and electric systems, electronic devices, industrial automation systems, home appliances, information and communication systems and space systems
Revenue Increase ¥4,394.4 billion (2017)[2]
Increase ¥235.0 billion (2014)[3]
Increase ¥153.5 billion (2014)[3]
Total assets Increase ¥3,612.9 billion (2014)[3]
Total equity Increase ¥1,600 billion (2014)[3]
Number of employees
 138,700 (2018)[4]
Parent Mitsubishi
Website www.mitsubishielectric.com

Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki Kabushiki-gaisha) is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi.

Mitsubishi Electric manufactures electric and architectural equipment, and is a major worldwide producer of photovoltaic panels.[5] The corporation was established on 15 January 1921.

In the United States, products are manufactured and sold by Mitsubishi Electric United States headquartered in Cypress, California.[6]

Operations

Principal geographic subsidiaries

Principal divisions and business units

The Mitsubishi Electric-owned Solae Test Tower in Inazawa City, Japan is the world's second tallest elevator testing tower.[14]
  • Building Systems
    • Air conditioning Systems
    • Elevators & Escalators
    • High-speed hand dryers (marketed as Mitsubishi Jet Towel)[15]
  • Communication Systems
    • Communication Systems
    • Information Security
    • Space Systems
  • Industrial Automation
    • Automation Systems
    • Industrial Automation Machinery
  • Medical Systems
  • Power Systems
  • Semiconductors & Devices
    • Contact Image Sensors
    • Electronic Devices
    • TFT-LCDs
  • Transportation
    • Automotive Equipment
    • Intelligent Transport Systems
    • Transportation Systems
  • Visual Information Systems
  • Nihon Kentetsu

Products

An antenna manufactured by Mitsubishi Electric for the Atacama Large Millimeter Array.
  • The company makes Active Electronically Scanned Array radar systems for the Mitsubishi F-2 fighter.
  • Televisions
    • The company's most notable products in the United States come from the large-screen HDTV division. Competitors in this market are Sony, Pioneer, Panasonic, JVC, Samsung (Akai), Daewoo, LG (Zenith), and Apex Digital.
    • The company manufactured direct-view CRT televisions until 2001. The last notable size in this field was a 40" (diagonal) tube size.
    • Mitsubishi manufactured LCD TVs until 2008.
    • Mitsubishi manufactured DLP High Definition TVs until December, 2012. The company is now focusing on professional and home theater DLP projection applications, and is no longer manufacturing televisions for the consumer market.
  • Automotive parts (Original Equipment Mfg)
  • Factory automation equipment
    • Robots
  • Elevators and escalators[17]
    • The company held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 until 2005.
  • Air conditioning systems
  • EcoCute heat pump water heaters
  • Dehumidifiers
  • Uninterruptible Power Supply (UPS) systems
  • Mobile phones, from 1999 to 2008. Created for NTT DoCoMo. Mitsubishi quit the mobile phone business in Apr 2008 after decrease in shipments. They estimated a temporary loss of 17 billion Yen in income before income taxes.[18]
  • Photovoltaic panels
  • SCOPO. The Corporation claims (as cited in "References") to have achieved the world's first transmission at 10 Gbit/s between relay equipment boards set at a distance of 500 mm apart.
  • Mitsubishi also previously made Video Cassette Recorders known as the Mitsubishi Black Diamond VCR.
  • Saffron Type System, an anti-aliased text-rendering engine, developed by Mitsubishi Electric Research Laboratories (MERL)

Slogans

  • With you today and tomorrow (今日もあなたと共に, 1962–1968, in Japan only)
  • Advanced and ever advancing Mitsubishi Electric (未来を開発する三菱電機, 1968–1985 in Japan, 1968–2001 outside Japan)
  • SOCIO-TECH: enhancing lifestyles through technology (技術がつくる高度なふれあい SOCIO-TECH, 1985–2001 in Japan. The "Blue MITSUBISHI" logo was introduced for use in Japan.)
  • Changes for the Better (since 2001)[19]

See also

References

  1. ↑ "Mitsubishi Electric Locations".
  2. ↑ "Annual Report FY17" (PDF). Archived from the original (PDF) on 2015-02-10.
  3. 1 2 3 4 "Annual Report FY13" (PDF). Archived from the original (PDF) on 2015-02-10.
  4. ↑ "MITSUBISHI ELECTRIC About us - At-a-Glance". Retrieved 2018-05-012. Check date values in: |accessdate= (help)
  5. ↑ Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules Archived October 10, 2007, at the Wayback Machine.
  6. ↑ "Mitsubishi Electric US Holdings, Inc".
  7. ↑ "mitsubishielectric.com". mitsubishielectric.com. 2011-07-20. Retrieved 2013-09-30.
  8. ↑ "mitsubishielectric.ca". mitsubishielectric.ca. Retrieved 2013-09-30.
  9. ↑ "mitsubishielectric-usa.com". mitsubishielectric-usa.com. Retrieved 2013-09-30.
  10. ↑ "mitsubishielectric.asia". mitsubishielectric.asia. 2013-08-21. Retrieved 2013-09-30.
  11. ↑ "mitsubishielectric.co.jp". mitsubishielectric.co.jp. Retrieved 2013-09-30.
  12. ↑ "melsa.com.sa". melsa.com.sa. Retrieved 2013-09-30.
  13. ↑ "mitsubishielectric.eu". mitsubishielectric.eu. Retrieved 2013-09-30.
  14. ↑ "Mitsubishi Electric Products".
  15. ↑ "Mitsubishi Jet Towl Website".
  16. ↑ "Mitsubishi Digital Electronics Website".
  17. ↑ "Elevators & Escalators". Mitsubishi Electric. Retrieved 2013-09-30.
  18. ↑ "Archived copy". Archived from the original on 2016-05-20. Retrieved 2014-12-10.
  19. ↑ "MITSUBISHI ELECTRIC CORPORATION History of the Corporate Logo". Mitsubishi Electric Corporation.
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