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 Headquarters at the Tokyo Building in Marunouchi, Chiyoda, Tokyo | |
| Native name | 三菱電機株式会社 |
|---|---|
| Romanized name | Mitsubishi Denki kabushikigaisha |
| Formerly | Mitsubishi Electric Manufacturing Co., Ltd. |
| Company type | Public |
| Traded as | TYO: 6503 LSE: MEL |
| Industry | Electrical equipment Electronics Home appliances Semiconductors |
| Founded | January 15, 1921; 103 years ago (1921-01-15) Tokyo, Japan |
| Headquarters | Tokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan |
| Area served | Worldwide |
| Key people | |
| Products | Energy and electric systems, electronic devices, industrial automation systems, home appliances, information and communication systems and space systems |
| Revenue |  ¥4.476 trillion (2022) |
| Operating income | ¥252 billion (2022) |
| Net income | ¥203 billion (2022) |
| Total assets | ¥5.107 trillion (2022) |
| Total equity | ¥2.975 trillion (2022) |
| Owner | Mitsubishi Group |
| Number of employees | 149,655 (2022) |
| Parent | Mitsubishi Group |
| Subsidiaries |
List
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| Website | www |
Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushikigaisha, also abbreviated as MELCO) is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It was established in 1921 as a spin-off from the electrical machinery manufacturing business of Mitsubishi Shipbuilding (current Mitsubishi Heavy Industries) at the Kobe Shipyard. The products from MELCO include elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.
History
MELCO 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.
MELCO 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, MELCO was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.
In 2023, MELCO 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
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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 MELCO, 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 millimetres (20 in) apart
- Saffron Type System, an anti-aliased text-rendering engine, developed by Mitsubishi Electric Research Laboratories (MERL)
- Optical access systems
- Satellite communications
- Data transmission system solutions
- 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
- Power generation systems
- 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
- Large-scale LED displays
- 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. MELCO 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.
- 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, until 2008.
- DLP High Definition TVs, until December, 2012. MELCO 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 MELCOM mainframe computers, personal computer(Multi8 [jp], Multi16 [jp]) and MSX home computers.
- System LSIs. Business unit spun off to be part of Renesas Technology.
- Popular music. MELCO 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
As of 2013, MELCO's business network around the world were the following:
- Mitsubishi Electric Global
- Mitsubishi Electric - North America
- Mitsubishi Electric Asia-Pacific
- Australia / New Zealand
- China
- Hong Kong
- India
- Taiwan
- Vietnam
- Japan
- Malaysia
- Singapore
- Thailand
- Philippines
- Saudi Arabia - Mitsubishi Electric Saudi Ltd. (MELSA)
- Mitsubishi Electric Europe
Slogans
- With you today and tomorrow (今日もあなたと共に, 1962–1968, in Japan only)
- Advanced and ever advancing Mitsubishi Electric (未来を開発する三菱電機, 1968–1985 in Japan, 1968–2001 outside Japan)
- SOCIO-TECH: enhancing lifestyles through technology (技術がつくる高度なふれあい SOCIO-TECH, 1985–2001 in Japan. The "Blue MITSUBISHI" logo was introduced for use in Japan.)
- 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.
See also
References
- "About Directors & Executive Officers". Retrieved 2024-01-03.
- ^ "Mitsubishi Electric Annual Report 2022" (PDF). Mitsubishi Electric. Retrieved April 6, 2023.
- "MITSUBISHI ELECTRIC About us - At-a-Glance". Retrieved 2022-10-11.
- Corporation, Mitsubishi Electric. "Products & solutions". MITSUBISHI ELECTRIC Global Website. Retrieved 2020-07-23.
- ^ "Mitsubishi heavy industries vs Mitsubishi electric". Arlington Air Conditioning Services. 17 August 2020. Retrieved 2020-10-07.
- ^ "Mitsubishi Heavy vs. Mitsubishi Electric: Comparison Review". www.oasis-aircon.com. Retrieved 2020-07-23.
- Pollack, Andrew (1993-09-22). "BUSINESS TECHNOLOGY; Fastest, Maybe Smoothest, Trip Up". The New York Times. ISSN 0362-4331. Retrieved 2020-07-23.
- "Mitsubishi Electric Announces Conclusion of a Share Exchange Agreement with Nihon Kentetsu Co., Ltd". www.businesswire.com. 2005-07-04. Retrieved 2020-07-23.
- "Mitsubishi Electric Enters into Agreement to Acquire Majority Interest in DeLclima" (PDF). Mitsubishi Electric. 2015-08-25. Archived (PDF) from the original on 2016-03-27.
- "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. 2016-12-16.
- "Mitsubishi Electric hack began in China in March 2019, defense contractor says". The Japan Times. 2020-02-13. Retrieved 2020-08-10.
- "Mitsubishi Electric to build 100 bil. yen chip factory in Kumamoto Pref". Mainichi Daily News. 2023-03-15.
- "PCT Yearly Review 2024" (PDF). p. 39.
- "Mitsubishi Makes A $415 Toaster For Extreme Bread Enthusiasts". Gizmodo Australia. 2020-03-12. Retrieved 2020-07-23.
- "Mitsubishi Jet Towl Website".
- "Mitsubishi Electric to launch collaborative robots". Robotics & Automation News. 2018-01-02. Retrieved 2020-07-23.
- Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules
- Troaca, Florin (2008-03-03). "No More Mitsubishi Mobile Phones". Softpedia. Archived from the original on 2016-05-20. Retrieved 2014-12-10.
- "History - 1950s". Mitsubishi Electric.
- "1920s-1970s | History | About".
- "1980s | History | About".
- MSX Resource Center (2022-02-16). "Mitsubishi ML-8000 - MSX Wiki". Msx.org. Retrieved 2022-08-22.
- "Hitachi to buy Mitsubishi Electric's particle therapy business". Nikkei Asian Review. Retrieved 2020-07-23.
- "Mitsubishi Electric Products".
- "mitsubishielectric.com". mitsubishielectric.com. 2011-07-20. Retrieved 2013-09-30.
- "mitsubishielectric.ca". mitsubishielectric.ca. Retrieved 2013-09-30.
- "mitsubishielectric-usa.com". mitsubishielectric-usa.com. Retrieved 2013-09-30.
- "mitsubishielectric.asia". mitsubishielectric.asia. 2013-08-21. Archived from the original on 2016-03-25. Retrieved 2013-09-30.
- "mitsubishielectric.co.jp". mitsubishielectric.co.jp. Retrieved 2013-09-30.
- "melsa.com.sa". melsa.com.sa. Retrieved 2013-09-30.
- "mitsubishielectric.eu". mitsubishielectric.eu. Archived from the original on 2015-04-18. Retrieved 2013-09-30.
- "MITSUBISHI ELECTRIC CORPORATION History of the Corporate Logo". Mitsubishi Electric Corporation.
- "AFF Announces Mitsubishi Electric as the New Title Sponsor of AFF Mitsubishi Electric Cup 2022". AFF Mitsubishi Electric Cup 2022. 19 May 2022.
External links
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