Mitsubishi Electric Corporation operates within the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Mitsubishi Electric with three other
electrical equipment manufacturers in Asia:
Johnson Electric Holdings Limited
of Hong Kong
sales of 17.34 billion Hong Kong Dollars [US$2.24 billion]
of which 100%
was Manufacturing & trading),
Yaskawa Electric Corporation
(411.26 billion Japanese Yen [US$3.96 billion]
of which 46%
was Motion Control), and
(1.18 trillion Japanese Yen [US$11.35 billion]
of which 21%
was NIDEC MOTORS & ACTUATORS).
During the year ended March of 2016, sales at
Mitsubishi Electric were ¥4.39 trillion (US$42.32 billion).
a very small
increase of 1.6%
versus 2015, when the company's sales were ¥4.32 trillion.
This was the third consecutive year of growth at Mitsubishi Electric.
Sales of Home Appliances saw an increase
that was more than double the company's growth rate: sales were up
4.2% in 2016, from
¥925.00 billion to ¥964.17 billion.
Mitsubishi Electric also saw significant increases in sales in
Industrial Automation (up 3.1% to ¥1.31 trillion)
Heavy Electric System (up 2.9% to ¥1.26 trillion)
Not all segments of Mitsubishi Electric experienced an increase in sales in 2016:
sales of Electronic Devices Business fell 13.7% to ¥180.62 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Mitsubishi Electric also experienced decreases in sales in
Information and Communication Systems Bu (down 1.7% to ¥512.16 billion)
Other (down 3.1% to ¥173.57 billion)