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 1.52 trillion Japanese Yen [US$13.95 billion]
of which 30%
was Nidec Motor),
CG Power and Industrial Solutions Ltd
(79.98 billion Indian Rupees [US$1.11 billion]
Yaskawa Electric Corporation
(474.64 billion Japanese Yen [US$4.36 billion]
of which 43%
was Motion Control).
During the year ended March of 2019, sales at
Mitsubishi Electric were ¥4.52 trillion (US$41.54 billion).
increase of 2.0%
versus 2018, when the company's sales were ¥4.43 trillion.
Sales of Heavy Electric System saw an increase
that was more than double the company's growth rate: sales were up
4.4% in 2019, from
¥1.23 trillion to ¥1.29 trillion.
Not all segments of Mitsubishi Electric experienced an increase in sales in 2019:
sales of Electronic Devices Business fell 4.5% to ¥157.99 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 1.0% to ¥384.85 billion)