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Home > Company Index > Conglomerates > Conglomerates > Mitsubishi Electric Corporation

Mitsubishi Electric Corporation
OTC: MIELY
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 NEWS FROM THE STANDARD
Japanese Electronics Forecasts Hit by Downturn
Apr 27 2001 10:53 AM PDT

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Aug 17 2000 04:22 PM PDT

AT&T Wireless Offers Free Limited Web Access
May 18 2000 07:22 AM PDT

 PROFILE
Mitsubishi Electric is putting the electricity back into Mitsubishi. The company makes information, telecommunications, and electronics products (cell phones, satellite equipment); heavy machinery (energy systems, elevators, escalators, air-conditioning systems); industrial products and automation equipment (automotive electronics); and consumer electronics and appliances. Mitsubishi Electric is in the midst of a major restructuring brought on by the Japanese recession; the company says it will spin off, sell, or shut down unprofitable businesses, such as semiconductors, audio-visual products, and information systems. Part of the Mitsubishi "keiretsu", Misubishi Electric operates in over 35 countries.

 COMPETITION
Hitachi, Ltd. (HIT)
NEC Corporation (NIPNY)
Toshiba Corporation (TOSBF)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 35,772.20
1-Yr. Sales Growth: 12.3%
Employees: 116,588
Revenue per employee: $306,825.75

 KEY PEOPLE
• Ichiro Taniguchi
    CEO
• Setsuro Okada
    CFO

 CONTACT INFO
Mitsubishi Denki Bldg.
Tokyo 100-8310, Japan
Phone: 81-3-3218-2111
Fax: 81-3-3218-2431
Online: Web Site

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