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:
sales of 1.20 trillion Japanese Yen [US$10.85 billion]
of which 21%
was Nidec Motor),
Yaskawa Electric Corporation
(394.88 billion Japanese Yen [US$3.57 billion]
of which 46%
was Motion Control), and
Johnson Electric Holdings Limited
based in Hong Kong
(21.54 billion Hong Kong Dollars [US$2.75 billion]
of which 100%
was Manufacturing & trading).
During the year ended March of 2017, sales at
Mitsubishi Electric were ¥4.24 trillion (US$38.36 billion).
decrease of 3.5%
versus 2016, when the company's sales were ¥4.39 trillion.
Contributing to the drop in overall sales was the 19.8% decline
in Information and Communication Systems Bu, from ¥512.16 billion to ¥410.60 billion.
There were also decreases in sales in
Industrial Automation (down 0.9% to ¥1.30 trillion)
Heavy Electric System (down 2.9% to ¥1.22 trillion)
Other (down 0.1% to ¥173.39 billion)
Electronic Devices Business (down 16.3% to ¥151.26 billion)
However, these declines were partially offset by the increase in sales of
Home Appliances (up 2.3% to ¥986.69 billion)