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:
Yaskawa Electric Corporation
sales of 394.88 billion Japanese Yen [US$3.69 billion]
of which 46%
was Motion Control),
Shanghai Electric Group Company Ltd
(79.54 billion Chinese Renmimbi [US$12.67 billion]
(1.20 trillion Japanese Yen [US$11.20 billion]
of which 21%
was Nidec Motor).
During the year ended March of 2017, sales at
Mitsubishi Electric were ¥4.24 trillion (US$39.59 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)