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Mitsubishi Electric

Japanese electrical equipment, elevator manufacturer, and appliance manufacturer

Mitsubishi Electric

Summary

Japanese electrical equipment, elevator manufacturer, and appliance manufacturer

FieldValue
nameMitsubishi Electric Corporation
native_name三菱電機株式会社
native_name_langja
romanized_nameMitsubishi Denki kabushikigaisha
typePublic
traded_as
logoMitsubishi Electric logo.svg
imageTokyo_Building,_Marunouchi.jpg
image_captionHeadquarters at the Tokyo Building in Marunouchi, Chiyoda, Tokyo
former_nameMitsubishi Electric Manufacturing Co., Ltd.
foundation
Tokyo, Japan
locationTokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan
area_servedWorldwide
key_people
num_employees149,134
num_employees_year2024
revenue(2022)
operating_income(2022)
net_income(2022)
assets(2022)
equity(2022)
industryElectrical equipment
Electronics
Home appliances
Semiconductors
subsid
productsEnergy and electric systems, electronic devices, industrial automation systems, home appliances, information and communication systems and space systems
homepage

Tokyo, Japan Electronics Home appliances Semiconductors

Mitsubishi Electric Corporation 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.

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.

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.

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

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

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.

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

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.

Products

A large dish antenna in the [[Atacama Large Millimeter Array]], manufactured by Mitsubishi Electric
Mitsubishi Electric room air conditioner
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.

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.

  • Air conditioning systems
    • Room air conditioners (marketed as Mitsubishi Mr. Slim Room Air Conditioner and Mitsubishi Kirigamine)
    • Package air conditioners (Marketed as Mitsubishi Mr. Slim Packaged Air Conditioner)
    • Variable refrigerant flow (VRF) systems (marketed as Mitsubishi CITY MULTI)
    • EcoCute (marketed as Ecodan or DIAHOT)
    • Ventilators
    • Air curtains
    • Air conducting fan
  • Home appliances
    • Refrigerators and freezers
    • Air purifiers, dehumidifiers
    • Vacuum cleaners, electric fans
    • Rice cookers, toasters
  • Building systems
    • Elevators, escalators
    • Moving walks
    • High-speed hand dryers (marketed as Mitsubishi Jet Towel)
  • Information and communications systems
    • Data transmission system solutions
      • SCOPO, the world's first transmission at 10 Gbit/s between relay equipment boards set at a distance of 500 mm apart
    • Saffron Type System, an anti-aliased text-rendering engine, developed by Mitsubishi Electric Research Laboratories (MERL)
    • Optical access systems
    • Satellite communications
  • Factory automation systems
    • Programmable controllers
    • AC servo systems, inverters
    • Industrial and collaborative robots, processing machines
  • Energy systems
    • Power generation systems
      • ITER nuclear fusion reactor
      • Photovoltaic panels
    • Transmission and distribution systems
    • Medium & low-voltage switchgear and systems
    • Power information & communication technology
  • Semiconductors and devices
    • Power modules, high-power devices
    • Driver ICs
    • Sensors (Contact image sensors, etc.)
    • High-frequency devices
    • optical devices
    • TFT-LCD modules
  • Transportation systems
    • Rolling stock systems
    • Power supply and electrification systems
    • Transportation planning and control systems
    • Communication systems
  • Automotive equipment
    • Charging and starting products
    • Electrification products (Electric power steering system products, safety and driving assistance system products, etc.)
    • Car multimedia products
  • Visual information systems
    • Large-scale LED displays
      • Diamond Vision, large-scale video displays for sports venues and commercial applications
    • Multimedia projectors
    • Printers
  • Space systems
    • Satellite programs, platforms, and components
    • Optical and radio telescopes
    • Mobile Mapping System, a high-precision GPS mobile measurement system
  • Public systems
    • Applied superconductor systems
    • Doppler lidar, radar systems
      • Active electronically scanned array radar systems for the Mitsubishi F-2 fighter
    • Uninterruptible power supply
    • Water treatment systems, water pumps

Discontinued products

  • Mobile phones, from 1999 to 2008. Created for NTT Docomo. Mitsubishi Electric quit the mobile phone business in Apr 2008 after decrease in shipments. They estimated a temporary loss of 17 billion Yen in income before income taxes.
  • Video Cassette Recorders known as the Mitsubishi Black Diamond VCR. Started production around 1978 and ended around 2006.
  • DVD Players, starting around 1998 and ending around 2006.
  • Televisions
    • Large-screen HDTVs. Competitors in the U.S. market were Sony, Pioneer, Panasonic, JVC, Samsung (Akai), Daewoo, LG (Zenith), and Apex Digital.
    • Direct-view CRT televisions and monitors, including Diamond Views and Diamondtrons, from 1953 until 2001. The last notable size in this field was a 40" (diagonal) tube size.
    • LCD TVs, starting in 2004 and ending in 2024.
    • DLP High Definition TVs, until December, 2012. Mitsubishi Electric then focused on professional and home theater DLP projection applications, and is no longer manufacturing televisions for the consumer market.
  • Computer memory. Business unit spun off to be part of Elpida Memory.
  • Computers, including Mitsubishi Electric mainframe computers, personal computer(, ) and MSX home computers from 1978 to around 1994.
  • System LSIs. Business unit spun off to be part of Renesas Technology.
  • Popular music. Mitsubishi Electric previously marketed popular music via record company Nippon Crown, which had been spun off from then-Nissan Group-owned Nippon Columbia on September 15, 1963. it was sold to Daiichi Kosho Company in July, 2001.
  • Particle Beam Treatment System, until 2017. Business sold to Hitachi.

Global operations

title=Mitsubishi Electric Products}}</ref>
Cypress, California
Mitsubishi Electric office in Canada

Mitsubishi Electric's business network around the world were the following:

  • Mitsubishi Electric Global
    • Mitsubishi Electric - North America
      • Canada
      • United States - Mitsubishi Electric United States
    • Mitsubishi Electric Asia-Pacific
      • Australia / New Zealand
      • China
      • Hong Kong
      • India
      • Taiwan
      • Vietnam
      • Japan
      • :There are 11 facilities and 2 laboratories, for example, Kobe, Amagasaki and Kamakura.
      • Malaysia
      • Singapore
      • Thailand
      • Philippines
      • Saudi Arabia - Mitsubishi Electric Saudi Ltd. (MELSA)
    • Mitsubishi Electric Europe
      • Benelux
      • France
      • Germany
      • Ireland
      • Italy
      • Portugal
      • Russia
      • Spain
      • Sweden / Denmark
      • Finland / Norway
      • United Kingdom
      • Turkey

Slogans

Mitsubishi Electric wordmark used exclusively in Japan between 1985 and 2014
  • With you today and tomorrow
  • Advanced and ever advancing Mitsubishi Electric
  • SOCIO-TECH: enhancing lifestyles through technology
  • Changes for the Better (since 2001)

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.

References

References

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