Mitsubishi Electric

Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushiki gaisha, also abbreviated as MELCO), established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, factory automation systems, train systems, semiconductors, digital signage, and satellites.[5]

"MITSUBISHI" redirects here. For other uses, see Mitsubishi.
Mitsubishi Electric Corporation
Native name
三菱電機株式会社
Mitsubishi Denki kabushiki gaisha
FormerlyMitsubishi Electric Manufacturing Co., Ltd.
TypePublic KK
TYO: 6503
LSE: MEL
IndustryElectrical equipment
Electronics
FoundedJanuary 15, 1921 (1921-01-15)
Tokyo, Japan
HeadquartersTokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan
Area served
Worldwide
Key people
Setsuhiro Shimomura (Chairman),
Masaki Sakuyama
(President & CEO)
ProductsEnergy and electric systems, electronic devices, industrial automation systems, home appliances, information and communication systems and space systems
Revenue ¥4,394.4 billion (2017)[2]
¥235.0 billion (2014)[3]
¥153.5 billion (2014)[3]
Total assets ¥3,612.9 billion (2014)[3]
Total equity ¥1,600 billion (2014)[3]
Number of employees
138,700[4] (2018)
Websitewww.mitsubishielectric.com/en/index.html

In the United States, products are manufactured and sold by Mitsubishi Electric United States headquartered in Cypress, California.[6]

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.[7][8]

MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005.[9]

The company acquired Nihon Kentetsu, a Japanese home appliance manufacturer, in 2005.[10]

In early 2020, MELCO was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.[11]

Products
A large dish antenna in the Atacama Large Millimeter Array, manufactured by Mitsubishi Electric

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.[8][7]

  • Air conditioning systems
    • Room air conditioners
    • Package air conditioners
    • Variable refrigerant flow (VRF) systems (EcoCute)
    • Ventilators
    • Air curtains
  • Home products
    • Refrigerators and freezers
    • Air purifiers, dehumidifiers
    • Vacuum cleaners, electric fans
    • Toasters[12]
  • Building systems
    • Elevators, escalators
    • Moving walks
    • High-speed hand dryers (marketed as Mitsubishi Jet Towel)[13]
  • Information and communications systems
  • Factory automation systems
    • Programmable controllers
    • AC servo systems, inverters
    • Industrial and collaborative robots,[14] processing machines
  • Energy systems
    • Power generation systems
      • ITER nuclear fusion reactor
      • Photovoltaic panels[15]
    • Transmission and distribution systems
    • Medium & low-voltage switchgear and systems
    • Power information & communication technology
  • 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
  • Space systems
    • Satellite programs, platforms, and components
    • Optical and radio telescopes
    • Mobile Mapping System, a high-precision GPS mobile measurement system
  • Public systems

Discontinued products

Global operations
The Mitsubishi Electric-owned Solae Test Tower in Inazawa City, Japan is the world's second tallest elevator testing tower.[18]
Mitsubishi Electric office in Canada

As of 2013, MELCO's business network around the world were the following:

Slogans
Mitsubishi Electric wordmark used exclusively in Japan between 1985 and 2014
  • 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)[26]

Sports

Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins

See also

References
  1. "Mitsubishi Electric Locations".
  2. "Annual Report FY17" (PDF). Archived from the original (PDF) on 2015-02-10.
  3. "Annual Report FY13" (PDF). Archived from the original (PDF) on 2015-02-10.
  4. "MITSUBISHI ELECTRIC About us - At-a-Glance". Retrieved 2018-05-12.
  5. Corporation, Mitsubishi Electric. "Products & solutions". MITSUBISHI ELECTRIC Global Website. Retrieved 2020-07-23.
  6. "Mitsubishi Electric US Holdings, Inc".
  7. "Mitsubishi heavy industries vs Mitsubishi electric". Arlington Air Conditioning Services. Retrieved 2020-10-07.
  8. "Mitsubishi Heavy vs. Mitsubishi Electric: Comparison Review". www.oasis-aircon.com. Retrieved 2020-07-23.
  9. Pollack, Andrew (1993-09-22). "BUSINESS TECHNOLOGY; Fastest, Maybe Smoothest, Trip Up". The New York Times. ISSN 0362-4331. Retrieved 2020-07-23.
  10. "Mitsubishi Electric Announces Conclusion of a Share Exchange Agreement with Nihon Kentetsu Co., Ltd". www.businesswire.com. 2005-07-04. Retrieved 2020-07-23.
  11. Author, No (2020-02-13). "Mitsubishi Electric hack began in China in March 2019, defense contractor says". The Japan Times. Retrieved 2020-08-10.
  12. "Mitsubishi Makes A $415 Toaster For Extreme Bread Enthusiasts". Gizmodo Australia. 2020-03-12. Retrieved 2020-07-23.
  13. "Mitsubishi Jet Towl Website".
  14. "Mitsubishi Electric to launch collaborative robots". Robotics & Automation News. 2018-01-02. Retrieved 2020-07-23.
  15. Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules Archived October 10, 2007, at the Wayback Machine
  16. "Archived copy". Archived from the original on 2016-05-20. Retrieved 2014-12-10.CS1 maint: archived copy as title (link)
  17. "Hitachi to buy Mitsubishi Electric's particle therapy business". Nikkei Asian Review. Retrieved 2020-07-23.
  18. "Mitsubishi Electric Products".
  19. "mitsubishielectric.com". mitsubishielectric.com. 2011-07-20. Retrieved 2013-09-30.
  20. "mitsubishielectric.ca". mitsubishielectric.ca. Retrieved 2013-09-30.
  21. "mitsubishielectric-usa.com". mitsubishielectric-usa.com. Retrieved 2013-09-30.
  22. "mitsubishielectric.asia". mitsubishielectric.asia. 2013-08-21. Archived from the original on 2016-03-25. Retrieved 2013-09-30.
  23. "mitsubishielectric.co.jp". mitsubishielectric.co.jp. Retrieved 2013-09-30.
  24. "melsa.com.sa". melsa.com.sa. Retrieved 2013-09-30.
  25. "mitsubishielectric.eu". mitsubishielectric.eu. Retrieved 2013-09-30.
  26. "MITSUBISHI ELECTRIC CORPORATION History of the Corporate Logo". Mitsubishi Electric Corporation.
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