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mitsubishi electric corp (6503) Details

Mitsubishi Electric Corporation manufactures and sells electrical and electronic equipment 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.

135,160 Employees
Last Reported Date: 06/29/16
Founded in 1921

mitsubishi electric corp (6503) Top Compensated Officers

Chief Executive Officer, President, Represent...
Total Annual Compensation: ¥212.0M
Executive Vice President, Representative Exec...
Total Annual Compensation: ¥119.0M
Executive Vice President and Representative E...
Total Annual Compensation: ¥112.0M
Senior Vice President and Executive Officer
Total Annual Compensation: ¥110.0M
Senior Vice President, Executive Officer, Dir...
Total Annual Compensation: ¥109.0M
Compensation as of Fiscal Year 2016.
mitsubishi electric corp
Mitsubishi Electric Corporation Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016; Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2016

Mitsubishi Electric Corporation reported consolidated earnings results for the third quarter and nine months ended December 31, 2016. For nine months, net sales were JPY 2,947.1 billion, 5% decrease from the same period last year. Operating income was JPY 175.5 billion, 15% decrease from the same period last year. Income before income taxes was JPY 196.1 billion, 10% decrease from the same period last year. Net income attributable to Mitsubishi Electric Corp. was JPY 135.3 billion, 11% decrease from the same period last year. Net cash provided by operating activities was JPY 171,537 million against JPY 165,489 million for the same period prior year. For the quarter, net sales were JPY 974.7 billion, 5% decrease from the same period last year. Operating income was JPY 53.8 billion, 33% decrease from the same period last year. Income before income taxes was JPY 72.4 billion, 15% decrease from the same period last year. Net income attributable to Mitsubishi Electric Corp. was JPY 46.9 billion, 22% decrease from the same period last year. For the fiscal year ending March 31, 2016, the company expects net sales of JPY 4,200.0 billion against previous forecast of JPY 4,150.0 billion, operating income of JPY 255.0 billion against previous forecast of JPY 250.0 billion, income before income taxes of JPY 275.0 billion against previous forecast of JPY 265.0 billion and Net income attributable to Mitsubishi Electric Corp. of JPY 190.0 billion against previous forecast of JPY 185.0 billion.

Mitsubishi Electric Corporation Develops DC Circuit Breaker Technology for Railway Power-Supply Systems

Mitsubishi Electric Corporation announced that it has developed a high-speed direct-current (DC) circuit-interruption technology for railway power-supply systems that detects short-circuit faults instantly and isolates faulty circuits in just 13 milliseconds, which the company believes is a world’s first. The technology is expected to enhance railway safety in terms of equipment protection and operational stability for power-supply systems, which supply railcars with power from off-board locations. The new technology interrupts faulty current with unsurpassed speed by overcoming two key problems. First, a conventional DC circuit breaker detects a faulty current using an electromagnet that is driven by the faulty current itself and the weight of the moving core slows the time required for detection. The newly developed technology, however, uses a lightweight core driven by a strong electromagnetic force, which is achieved with a new U-shaped conductor instead of a conventional I-shaped conductor. Consequently, Mitsubishi Electric’s DC circuit breaker takes less than 13 milliseconds from fault occurrence to contact separation. Secondly, a conventional DC circuit breaker drives the arc generated between the contacts to the grid in order to shut off the high current. The new technology achieves faster current interruption by utilizing a new contact material and a new rib-shaped contact, which strengthens the electromagnetic force applied to the arc. The new breaker complies with Japanese Industrial Standards (JIS E 2501-2) for high interruption capacity (100 kA), high di/dt (10 kA/ms) and high cut-off current (55 kA). The new technology safely protects equipment by suppressing the amplitude of a short-circuit current under standard value (55 kA) even if the capacity of the power source is very large (6 MW-class rectifier).

Mitsubishi Electric Corporation to Report Q3, 2017 Results on Feb 02, 2017

Mitsubishi Electric Corporation announced that they will report Q3, 2017 results on Feb 02, 2017

 

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Valuation 6503 Industry Range
Price/Earnings 17.7x
Price/Sales 0.9x
Price/Book 1.9x
Price/Cash Flow 17.7x
TEV/Sales 0.6x
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