Mitsubishi Electric

Last updated
Mitsubishi Electric Corporation
Native name
三菱電機株式会社
Romanized name
Mitsubishi Denki kabushikigaisha
FormerlyMitsubishi Electric Manufacturing Co., Ltd.
Company type Public
TYO: 6503
LSE:  MEL
Industry Electrical equipment
Electronics
Home appliances
Semiconductors
FoundedJanuary 15, 1921;104 years ago (1921-01-15)
Tokyo, Japan
Headquarters Tokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan
Area served
Worldwide
Key people
ProductsEnergy and electric systems, electronic devices, industrial automation systems, home appliances, information and communication systems and space systems
RevenueIncrease2.svg ¥4.476 trillion (2022) [2]
Increase2.svg¥252 billion (2022) [2]
Increase2.svg¥203 billion (2022) [2]
Total assets Increase2.svg¥5.107 trillion (2022) [2]
Total equity Increase2.svg¥2.975 trillion (2022) [2]
Number of employees
149,134 [3]  (2024)
Subsidiaries
List
  • Mitsubishi Electric Information Systems
  • Mitsubishi Electric Information Network
  • Mitsubishi Electric IT Solutions
  • Mitsubishi Electric Building Solutions
  • Mitsubishi Electric Engineering
  • Mitsubishi Electric Software
  • Mitsubishi Electric System & Serviece
  • Mitsubishi Electric Plant Engineering
  • Mitsubishi Electric Mechatronics Engineering
  • Melco Semiconductor Engineering
  • Mitsubishi Electric Lighting
  • Mitsubishi Precision
  • Mitsubishi Electric TOKKI Systems
  • SPC Electronics
  • Mitsubishi Electric Control Panel
  • Mitsubishi Electric Public Utility Equipment
  • DB Seiko
  • Melco Power Device
  • Melco Mobility Solutions
  • Mitsubishi Electric Air Conditioning & Refrigeration Equipment Sales
  • Mitsubishi Electric Life Service
  • Mitsubishi Electric Mechatronics Technologies
  • Mitsubishi Electric US Holdings
  • Mitsubishi Electric Europe
  • Mitsubishi Electric Hydronics & IT Cooling Systems
  • Mitsubishi Electric India
  • Mitsubishi Electric Asia
  • Mitsubishi Electric Thai Auto-Parts
  • Toshiba Mitsubishi-Electric Industrial Systems (50%)
Website www.mitsubishielectric.com OOjs UI icon edit-ltr-progressive.svg

Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushikigaisha; formerly branded as メルコ, MELCO) is a Japanese multinational electronics (appliances & consumer electronics) and electrical equipment manufacturing company headquartered in Tokyo, Japan. The company was established in 1921 as a spin-off from the electrical machinery manufacturing division of Mitsubishi Shipbuilding (Mitsubishi Heavy Industries) at the Kobe Shipyard.

Contents

A member of the Mitsubishi Group, Mitsubishi Electric produces elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites. [4]

History

Mitsubishi Electric was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company. [5] [6]

Mitsubishi Electric held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005. [7]

The company acquired Nihon Kentetsu, a Japanese home appliance manufacturer, in 2005. [8]

In 2015 the company acquired DeLclima, an Italian company that designs and produces HVAC and HPAC units, renamed Mitsubishi Electric Hydronics & IT Cooling Systems SpA in 2017. [9] [10]

In early 2020, Mitsubishi Electric was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers. [11]

In 2023, Mitsubishi Electric announced its plans to spend 100 billion yen to build a new semiconductor factory in Kumamoto Prefecture, with a target date of April 2026 to begin production. [12]

Products

A large dish antenna in the Atacama Large Millimeter Array, manufactured by Mitsubishi Electric ESO-NAOJ-NRAO - ALMA observatory equipped with its first antenna (by).jpg
A large dish antenna in the Atacama Large Millimeter Array, manufactured by Mitsubishi Electric
Mitsubishi Electric room air conditioner MITSUBISHI ELECTRIC AIR CONDITIONER OUTDOOR UNIT.jpg
Mitsubishi Electric room air conditioner
MELFA industrial robots MELFAshirizu.jpg
MELFA industrial robots

In 2023, the World Intellectual Property Organization (WIPO)’s Annual PCT Review ranked Mitsubishi Electric's number of patent applications published under the PCT System as 4th in the world, with 2,152 patent applications being published during 2023. [13]

Some product lines of Mitsubishi Electric, such as air conditioners, overlap with the products from Mitsubishi Heavy Industries partly because the companies share the same root. [6] [5]

Discontinued products

Global operations

The Mitsubishi Electric-owned Solae Test Tower in Inazawa City, Japan, is the world's second tallest elevator testing tower. Mitsubishi Elevator of SOLAE Test Tower 2010-2-27.JPG
The Mitsubishi Electric-owned Solae Test Tower in Inazawa City, Japan, is the world's second tallest elevator testing tower.
Mitsubishi Electric's United States headquarters in Cypress, California Mitsubishi Electric US Headquarters Cypress California 2021.jpg
Mitsubishi Electric's United States headquarters in Cypress, California
Mitsubishi Electric office in Canada MitsubishiElectricMarkham.jpg
Mitsubishi Electric office in Canada

As of 2013, Mitsubishi Electric's business network around the world were the following:

Slogans

Mitsubishi Electric wordmark used exclusively in Japan between 1985 and 2014 Mitsubishi Electric logo in Japan.svg
Mitsubishi Electric wordmark used exclusively in Japan between 1985 and 2014

Sports

Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins. Mitsubishi continues to sponsor the team.

Mitsubishi Electric signed a title sponsorship deal with the AFF Championship (renaming the competition as the AFF Mitsubishi Electric Cup) from the 2022 edition onwards. [34]

See also

References

  1. "About Directors & Executive Officers" . Retrieved 2024-01-03.
  2. 1 2 3 4 5 "Mitsubishi Electric Annual Report 2022" (PDF). Mitsubishi Electric. Retrieved April 6, 2023.
  3. "MITSUBISHI ELECTRIC About us - At-a-Glance" . Retrieved 2025-03-09.
  4. Corporation, Mitsubishi Electric. "Products & solutions". MITSUBISHI ELECTRIC Global Website. Retrieved 2020-07-23.
  5. 1 2 "Mitsubishi heavy industries vs Mitsubishi electric". Arlington Air Conditioning Services. 17 August 2020. Retrieved 2020-10-07.
  6. 1 2 "Mitsubishi Heavy vs. Mitsubishi Electric: Comparison Review". www.oasis-aircon.com. Retrieved 2020-07-23.
  7. Pollack, Andrew (1993-09-22). "BUSINESS TECHNOLOGY; Fastest, Maybe Smoothest, Trip Up". The New York Times. ISSN   0362-4331 . Retrieved 2020-07-23.
  8. "Mitsubishi Electric Announces Conclusion of a Share Exchange Agreement with Nihon Kentetsu Co., Ltd". www.businesswire.com. 2005-07-04. Retrieved 2020-07-23.
  9. "Mitsubishi Electric Enters into Agreement to Acquire Majority Interest in DeLclima" (PDF). Mitsubishi Electric. 2015-08-25. Archived (PDF) from the original on 2016-03-27.
  10. "Climaveneta S.p.A. and RC Group S.p.A. to Merge and Begin Doing Business as Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. on January 1". Mitsubishi Electric. 2016-12-16.
  11. "Mitsubishi Electric hack began in China in March 2019, defense contractor says". The Japan Times. 2020-02-13. Retrieved 2020-08-10.
  12. "Mitsubishi Electric to build 100 bil. yen chip factory in Kumamoto Pref". Mainichi Daily News. 2023-03-15.
  13. "PCT Yearly Review 2024" (PDF). p. 39.
  14. "Mitsubishi Makes A $415 Toaster For Extreme Bread Enthusiasts". Gizmodo Australia. 2020-03-12. Retrieved 2020-07-23.
  15. "Mitsubishi Jet Towl Website".
  16. "Mitsubishi Electric to launch collaborative robots". Robotics & Automation News. 2018-01-02. Retrieved 2020-07-23.
  17. Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules [ usurped ]
  18. Troaca, Florin (2008-03-03). "No More Mitsubishi Mobile Phones". Softpedia. Archived from the original on 2016-05-20. Retrieved 2014-12-10.
  19. "History - 1950s". Mitsubishi Electric.
  20. "Mitsubishi plans to pull the plug on its television making business". 2021-11-02. Retrieved 2025-08-30.
  21. "1920s-1970s | History | About".
  22. "1980s | History | About".
  23. MSX Resource Center (2022-02-16). "Mitsubishi ML-8000 - MSX Wiki". Msx.org. Retrieved 2022-08-22.
  24. "Hitachi to buy Mitsubishi Electric's particle therapy business". Nikkei Asian Review. Retrieved 2020-07-23.
  25. "Mitsubishi Electric Products".
  26. "mitsubishielectric.com". mitsubishielectric.com. 2011-07-20. Retrieved 2013-09-30.
  27. "mitsubishielectric.ca". mitsubishielectric.ca. Retrieved 2013-09-30.
  28. "mitsubishielectric-usa.com". mitsubishielectric-usa.com. Retrieved 2013-09-30.
  29. "mitsubishielectric.asia". mitsubishielectric.asia. 2013-08-21. Archived from the original on 2016-03-25. Retrieved 2013-09-30.
  30. "mitsubishielectric.co.jp". mitsubishielectric.co.jp. Retrieved 2013-09-30.
  31. "melsa.com.sa". melsa.com.sa. Retrieved 2013-09-30.
  32. "mitsubishielectric.eu". mitsubishielectric.eu. Archived from the original on 2015-04-18. Retrieved 2013-09-30.
  33. "MITSUBISHI ELECTRIC CORPORATION History of the Corporate Logo". Mitsubishi Electric Corporation.
  34. "AFF Announces Mitsubishi Electric as the New Title Sponsor of AFF Mitsubishi Electric Cup 2022". AFF Mitsubishi Electric Cup 2022. 19 May 2022.