Mitsubishi Electric Corporation Announces Executive Changes, Effective April 1, 2021
February 18, 2021 at 02:00 am EST
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Mitsubishi Electric Corporation announced that, at its general meeting of the Board of Directors held on February 18, 2021, resolved the changes of Representative Executive Officers, Executive Officers and Directors as well as their division of duties, and also various organizational reforms effective April 1, 2021. The company appointed So Suzuki, Eiichiro Mitani, Shozui Takeno, Kunihiko Kaga, Katsuya Furuta and Kuniaki Masuda as new Executive Officers. The company announced resignation of Yasuyuki Ito as Representative Executive Officer Senior Vice President, Hiroshi Onishi as Senior Vice President and Masahiro Fujita, Shinji Harada, Takakazu Murozono as Executive Officers. Tadashi Matsumoto is appointed as Representative Executive Officer Senior Vice President.
Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows:
- industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.;
- electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.;
- household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.;
- information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.;
- electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.;
- other (13.2%): financial services, real estate management, engineering and maintenance services, etc.
Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).
MITSUBISHI ELECTRIC CORPORATION 
