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Hitachi Industrial Equipment Systems Co.,Ltd. agreed to acquire Distribution transformer business of Mitsubishi Electric?s Nagoya Works from Mitsubishi Electric Corporation. CI
Mitsubishi Electric Exhausts 50 Billion Yen Buyback Mandate MT
Mitsubishi Electric Completes 45 Billion Yen Share Buyback MT
Tranche Update on Mitsubishi Electric Corporation's Equity Buyback Plan announced on April 28, 2023. CI
Ryosan Company, Limited completed the acquisition of Ryoyo Electro Corporation for ¥95.2 billion. CI
Mitsubishi Electric Corporation's Equity Buyback announced on April 28, 2023, has closed with 23,020,400 shares, representing 1.09% for ¥44,750.58 million. CI
Japan relaxes military export curbs for planned jet fighter RE
Mitsubishi Electric's Nagoya Factory Regains ISO9001 Certification MT
Japan to relax export curbs to allow overseas sales of joint jet fighter RE
Nozomi Networks Inc. announced that it has received $100 million in funding from Mitsubishi Electric Corporation, Schneider Electric S.E. CI
Japanese Shares End Slightly Lower After Tech Fall in US MT
Mitsubishi Electric Buys Back Over 1 Million Shares in February MT
Mitsubishi Electric Corporation Reobtains IATF16949 Certification by Bureau Veritas Japan Co., Ltd CI
Mitsubishi Electric Books Extraordinary Gain But Not Recognized in IFRS Statement MT
Satellite Data Services Co., Ltd. announced that it has received funding from Integrated Design & Engineering Holdings Co.,Ltd., MUFG Bank, Ltd., Investment Arm, Mitsubishi Electric Corporation CI
Mitsubishi Electric Corporation Announces an Organizational Changes, Effective April 1, 2024 CI
Mitsubishi Electric Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 CI
Japan chipmaker Renesas to buy software company Altium for $5.9 bln RE
Japanese Shares Close Lower Amid Profit-Taking, Tech Decline MT
Tech shares drag Nikkei lower, outweighing boost from Toyota, Mitsubishi RE
Mitsubishi Electric Reacquires Shares Worth Almost 5 Billion Yen MT
Tech stocks drag Japan's Nikkei; Toyota and Mitsubishi jump on strong outlook RE
Mitsubishi Electric's Profit Up 34% in Fiscal Q1-Q3 MT
Mitsubishi Electric Corporation Announces Earnings Guidance for the Fiscal Year Ending March 31, 2024 CI
Mitsubishi Electric Corporation Develops Behavioral-analysis AI that Analyzes Manual Tasks Without Requiring Training Data CI
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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%).
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Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
2,458 JPY
Average target price
2,519 JPY
Spread / Average Target
+2.48%
Consensus
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