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Mitsubishi Electric

Mitsubishi Electric is a manufacturer of electrical and electronic products including air conditioning systems, elevators, solar panels and video displays. Read more

1,788 Followers on Owler
1,788 Followers on Owler
1,788 Followers on Owler
1,788 Followers on Owler

Mitsubishi Electric

Mitsubishi Electric is a manufacturer of electrical and electronic products including air conditioning systems, elevators, solar panels and video displays. Read more

Takeshi Sugiyama's photo - President & CEO of Mitsubishi Electric

President & CEO

Takeshi Sugiyama

CEO Approval Rating

63/100

Founded:

1921

Status:

PublicIndependent CompanyTokyo Stock Exchange6503

SIC Code:

3600 NAICS listing »

Website:

Annual Revenue
Employees
Sector
Electrical & Electronics goods
Headquarters

MITSUBISHI ELECTRIC TOP COMPETITORS OR ALTERNATIVES

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The top 10 competitors in Mitsubishi Electric's competitive set are Hitachi, Toshiba, Daikin, TriState HVAC, GE, Beckhoff Automation, LLC, Siemens, Schneider Electric, United Technologies. Together they have raised over 124.0B between their estimated 3.7M employees. Mitsubishi Electric has 146,518 employees and is ranked 9th among it's top 10 competitors. The top 10 competitors average 118,852.

Hitachi is the top competitor of Mitsubishi Electric. Hitachi is headquartered in Chiyoda-ku, Tōkyō Prefecture, and was founded in 1910. Hitachi competes in the Electrical & Electronics goods field. Hitachi generates 196% the revenue of Mitsubishi Electric.

Toshiba is perceived as one of Mitsubishi Electric's biggest rivals. Toshiba was founded in Minato-ku, Tōkyō Prefecture} in 1873. Toshiba operates in the Computers, Peripherals, Networking and Electronic Equipment industry. Compared to Mitsubishi Electric, Toshiba generates $10.7B less revenue.

Daikin is seen as one of Mitsubishi Electric's top competitors. Daikin is a Public company that was founded in Kita-ku, Ōsaka Prefecture in 1924. Daikin competes in the Electrical Components & Equipment industry. Daikin has 66,149 fewer employees vs. Mitsubishi Electric.

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Trending News for Mitsubishi Electric and Mitsubishi Electric's Competitors

May 7, 2021

Pocket-lint

Toshiba launches more TVs with Amazon's Fire TV interface

Toshiba and Amazon have announced a new slew of TVs based on Amazon's Fire TV interface for the US ma... See more »

May 7, 2021

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GE cuts costs by 35% in move from casting to 3D printing technology

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May 6, 2021

News Break

Global Automotive Biometric Identification Growth Opportunity 2021 | Estimates Huge Development by - Hitachi Ltd., FUJITSU, Safran - News Break

Global Automotive Biometric Identification Market Research Report provides exclusive information incl... See more »

Mitsubishi Electric Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$39.3B

Mitsubishi Electric's revenue is the ranked 12th among it's top 10 competitors. The top 10 competitors average 39.5B. Over the last three quarters, Mitsubishi Electric's revenue has grown by 25.9%. Specifically, in Q4 2020's revenue was $10.1B; in Q3 2020, it was $9.9B; in Q2 2020, it was $8B.

Mitsubishi Electric Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Patent-Pending Video Compression Technology, FAU

Jan 2021

Source »
undisclosed
-
AQS-PRODUCTS AB

Apr 2020

Source »
undisclosed
AQS is a distributor of cooling and heat pump products for industrial and commercial sectors.
ICONICS, Inc.

May 2019

Source »
undisclosed
ICONICS develops an automation software that provides real-time visualization and manufacturing intelligence solutions for the automotive sector.
ASTES4

Aug 2018

Source »
undisclosed
ASTES4 SA is a provider of patented automated sorting solutions for sheet metal laser processing machines.

-

Power Device Sales Business, Powerex, Inc.

Nov 2017

Source »
undisclosed
-

These are all the companies that Mitsubishi Electric has acquired. Mitsubishi Electric has acquired 8 companies and its latest acquisition was Patent-Pending Video Compression Technology, FAU in Jan 2021.

Mitsubishi Electric Funding History

No recent funding data found related to Mitsubishi Electric

Mitsubishi Electric Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

EKE-Electronics manufactures and distributes train control and management systems, VCU, ethernet switches and TCN gateways.
-
Jun 01, 2020
Corporate Round
-
Realtime Robotics designs and develops motion planning technology-based control processors for industrial robots and autonomous vehicles.
$11.7M
Oct 15, 2019
Series A
-
Realtime Robotics designs and develops motion planning technology-based control processors for industrial robots and autonomous vehicles.
-
May 07, 2019
Equity
-

These are all the companies that Mitsubishi Electric has invested in. Mitsubishi Electric has invested 8 companies and its latest investment was Patent-Pending Video Compression Technology, FAU in Jan 2021.

Mitsubishi Electric News

April 26, 2021MarketScreener

to Launch New X-Series HVIGBTs and HVDIODEs

(marketscreener.com) FOR IMMEDIATE RELEASE No. 3407 TOKYO, April 26, 2021 - Mitsubishi Electric Corpo... See more »
April 25, 2021Cooling Post

Mitsubishi offers bolt-on air purifier

UK: Mitsubishi Electric has developed a bolt-on air purifying device for existing air conditioning un... See more »
April 21, 2021National Computrade News

Mitsubishi Electric to Supply Elevators to 2 Large Luxury Complexes in India

Mitsubishi Electric Corp announced today that its subsidiary Mitsubishi Elevator India Private Limite... See more »
April 20, 2021MarketScreener

Establishes Presence in Greater Nashville

(marketscreener.com) The Elevator and Escalator Division expands to Nashville with application in rej... See more »
April 14, 2021Cooling Post

TF Solutions now stocking Mitsubishi Electric

UK: Rapidly expanding air conditioning and refrigeration wholesaler, TF Solutions, is now stocking Mi... See more »
April 13, 2021The Dead Pixels Society

Mitsubishi exiting printer market

Mitsubishi Electric is ceasing production of dye-sublimation printers but will continue to service an... See more »
April 12, 20213D Printing Industry

AMT and Mitsubishi Electric speed up automated AM post-processing

UK-based post-processing specialist Additive Manufacturing Technologies (AMT) has partnered with Japa... See more »

Mitsubishi Electric Press Releases

February 15, 2021WebWire

Mitsubishi Electric to Establish FA Products Service Center in Malaysia

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will establish the Malaysia FA ... See more »
February 15, 2021centralcharts

Mitsubishi Electric Named to CDP Supplier Engagement Leaderboard

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its environmental efforts related ... See more »
January 21, 2021Newswise

FAU Video Technology Inventions Acquired by Mitsubishi Electric Corporation

From YouTube to Netflix to Zoom, video compression technology is critical for streaming video applica... See more »
December 17, 2020centralcharts

Mitsubishi Electric to Launch HV100 Dual Type X-Series HVIGBT Modules

Mitsubishi Electric Corporation (TOKYO: 6503) announced today the coming launch of two new HV100 dual... See more »
December 7, 2020StreetInsider

Mitsubishi Electric Launches u series Escalator

Enhanced passenger safety and comfort, significant energy savings and reduced environmental impact TO... See more »
October 1, 2020centralcharts

Mitsubishi Electric's Net Zero Energy Building Test Facility to Be Completed on Oct. 14

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that construction of its SUSTIE net zer... See more »
October 1, 2020centralcharts

Mitsubishi Electric Produces 500,000th Elevator/Escalator Unit in Japan

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it surpassed an historic milestone ... See more »

Mitsubishi Electric Videos

November 24, 2020Mitsubishi Electric Corporation Youtube Channel

"MELFA ASSISTA Collaborative Robot - Collaboration" on YOUTUBE

See more »
November 20, 2020Mitsubishi Electric Corporation Youtube Channel

"MELFA ASSISTA Collaborative Robot - Digital Twin" on YOUTUBE

See more »
November 13, 2020Mitsubishi Electric Corporation Youtube Channel

"MELFA ASSISTA Collaborative Robot - Integrate. Collaborate." on YOUTUBE

See more »
November 3, 2020Mitsubishi Electric Corporation Youtube Channel

"MELFA ASSISTA Collaborative Robot - Easy Programming" on YOUTUBE

See more »
October 27, 2020Mitsubishi Electric Corporation Youtube Channel

"Setting Up CNC Machine Monitoring with IMA Mobile" on YOUTUBE

See more »
October 12, 2020Mitsubishi Electric Youtube Channel

"MELFA ASSISTA Collaborative Robot - Direct Teaching" on YOUTUBE

See more »
October 5, 2020Mitsubishi Electric Youtube Channel

"MELFA ASSISTA Collaborative Robot - Easy Control" on YOUTUBE

See more »

Social Media

Mitsubishi Electric Headquarters

2-7-3, Marunouchi Tokyo Building

Chiyoda-ku, Tōkyō Prefecture100-8310

81-3-3218-2111

Driving Directions »

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Mitsubishi Electric Summary

ABOUT

Overview

Mitsubishi Electric is a manufacturer of electrical and electronic products including air conditioning systems, elevators, solar panels and video displays. Mitsubishi Electric was founded in 1921. Mitsubishi Electric's headquarters is located in Chiyo...

CEO

Mitsubishi Electric's President & CEO, Takeshi Sugiyama, currently has an approval rating of 63%. Mitsubishi Electric's primary competitors are Hitachi, Toshiba & Daikin.

Website

mitsubishielectric.com

Frequently Asked Questions about Mitsubishi Electric

  1. When was Mitsubishi Electric founded?

    Mitsubishi Electric was founded in 1921

  2. Who is Mitsubishi Electric's CEO?

    Mitsubishi Electric's CEO is Takeshi Sugiyama

  3. How much revenue does Mitsubishi Electric generate?

    Mitsubishi Electric generates $39.3B in revenue

  4. How much funding does Mitsubishi Electric have?

    Mitsubishi Electric has historically raised $0 in funding

  5. Where is Mitsubishi Electric's headquarters?

    Mitsubishi Electric's headquarters is in Chiyoda-ku Tōkyō Prefecture, JP

  1. How many employees does Mitsubishi Electric have?

    Mitsubishi Electric has 146,518 employees

  2. What sector does Mitsubishi Electric operate in?

    Mitsubishi Electric is in Electrical & Electronics goods

  3. Who are Mitsubishi Electric's competitors?

    Mitsubishi Electric's top competitors are Hitachi, Toshiba, Daikin

  4. Who has Mitsubishi Electric invested in?

    Mitsubishi Electric's has invested in companies such as EKE-Electronics, Realtime Robotics, Realtime Robotics
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