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Mitsubishi Electric Corporation
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TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a free service on June 28 to provide design and validation data on a proprietary prototype inverter used for power conversion systems (PCSs). The Mitsubishi Electric's prototype inverter incorporates the company's insulated gate bipolar transistor (IGBT) module embedded with the latest 8th-generation IGBTs. The service is expected to help customers accelerate their development of PCSs for s.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin sequentially shipping samples in late June of two types of new 5th-generation silicon carbide metal-oxide-semiconductor field-effect transistors (SiC-MOSFETs) in bare die form. The new SiC-MOSFETs are designed for use in inverters for drive motors and eAxles of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs), and other electrified vehicles (xEVs). They feature Mitsubishi Electric's.
The AI trade keeps broadening across the stack, and the last few weeks have delivered a dense run of news.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation and Chiba Institute of Technology announced today that they have signed a basic agreement to research and develop homegrown physical AI technologies for public and private sector applications. The two parties will establish a co-creation center and promote the commercialization of AI robotics solutions utilizing a variety of autonomously controlled robots, including multi-legged walking robots, humanoid robots and drone-type robots. The ag.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Tadakiyo Seki, an engineer at the company's Engineering and Development Center in Japan, has been awarded the title of Kaggle Competitions Master by Kaggle, Inc., a Google LLC subsidiary and the world's largest AI competition platform. The title is awarded based on the total number of medals a competitor accumulates. Kaggle medals recognize competitors who use superior skills in mathematical modeling or m.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its environmental efforts related to supply chains have earned a 2025 “Supplier Engagement Assessment A score,” the highest ranking in the Supplier Engagement Assessment program operated by CDP, an international non-profit organization that supports environmental disclosure. Since 2020, this is the sixth consecutive year and ninth time overall in which Mitsubishi Electric has earned a top ranking for exce.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of ten new models of its industrial-use NX-type 1.2kV insulated gate bipolar transistor (IGBT) module on a sequential basis starting June 15. Designed for use in inverters that control machine tools, industrial robots and large-capacity motor drive systems, the modules are equipped with the latest eighth-generation IGBTs. Compared to existing IGBT modules, the modules reduce.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has resolved to pay a year-end dividend of 30 yen per share for fiscal 2026, as of the record date of March 31, 2026. Mitsubishi Electric has a basic policy in dividend payment of approximately 3% in adjusted DOE1 to ensure consistency from the perspective of providing appropriate returns to shareholders in line with the level of Mitsubishi Electric Corporation stockholders' equity.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed a technology to accurately estimate the amount of soil organic carbon (SOC) in agricultural land by combining optical measurements with two SOC dynamic models: a root biomass model1 and a microbially mediated organic matter decomposition model.2 The new technology will enable the efficient, low-cost, large-scale monitoring of SOC by eliminating the need for soil sampling and laboratory ch.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for fiscal 2026 (April 1, 2025 - March 31, 2026). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/en/pr/ Consolidated Financial Results Revenue: 5,894.7 billion yen (7% increase year-on-year) Operating profit: 433.0 billion yen (11% increase year-on-year) Profit before income taxes: 526.
WASHINGTON--(BUSINESS WIRE)--Mitsubishi Electric America Foundation (MEAF) announced today more than $2.5 million in approved and continuing grant commitments supporting organizations that are expanding access to education, employment, and technology-enabled career pathways for youth and young adults with disabilities across the United States. The 2026 grant portfolio includes both continuing multiyear investments and newly approved projects that advance MEAF's long standing focus on assistive.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a proof of concept (PoC) project for a railway energy management solution (railway EMS) to be tested on the tram network in Krakow, Poland, beginning in April 2026. The project will combine Mitsubishi Electric's SerendieTM digital platform and energy storage systems (ESSs) for the efficient capture and use of surplus regenerative braking power during tram operations. Support for the project.
Does Mitsubishi Electric Corporation (MIELY) have what it takes to be a top stock pick for momentum investors? Let's find out.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Clarivate Plc, a global information services company based in the United Kingdom, has recognized Mitsubishi Electric as a Clarivate AI50 2026 organization for its leadership in artificial intelligence (AI) inventions. The recognition reflects the high regard for Mitsubishi Electric's achievements in AI-related intellectual property (IP). This prestigious designation follows the company's announcement in J.
SUWANEE, Ga.--(BUSINESS WIRE)--METUS today announced the launch of the Mitsubishi Electric Single phase SMART MULTI® 5 ton Hyper-Heating INVERTER® (H2i) Outdoor Unit (MXZ-SM).
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has agreed to wholly acquire the shares of Infinity Lifts Limited, an Irish elevator company based in Ennis, effective March 18. The transaction is expected to be completed in the first half of 2026, subject to the approval of the necessary regulatory authorities and the fulfillment of other customary closing conditions. Mitsubishi Electric and its Tokyo-based subsidiary Mitsubishi Electric Building So.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has launched Mitsubishi Electric group's new corporate philosophy, named Our Philosophy, to update the corporate spirit long upheld by the company and its global group. Mitsubishi Electric aims to transform into an “Innovative Company” that generates value through bold thinking and a willingness to embrace risk while operating diverse global businesses to drive growth and address social and environment.
CYPRESS, Calif.--(BUSINESS WIRE)--The Elevator and Escalator Division of Mitsubishi Electric US, Inc., (Mitsubishi Electric), headquartered in Cypress, California, announces the introduction of the Diamond-Trac® Streamline Machine-Room-Less (MRL) Elevator System, a new pre-engineered solution designed to simplify design selections and optimize procurement and logistics while maintaining Mitsubishi Electric's high standards of quality, performance, and reliability. The Diamond-Trac® Streamline s.
SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC recognized its top distributors as honorees during the 2026 Diamond Leadership Conference.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the candidates for Directors, who will be proposed for election at the Ordinary General Meeting of Shareholders scheduled in June 2026, were elected at the company's Nomination Committee meeting held earlier today. Director Candidates (current positions) Tatsuro Kosaka (Director (Senior Advisor, CHUGAI PHARMACEUTICAL CO., LTD.)) Hiroyuki Yanagi (Director) Masako Egawa (Director (Chancellor, Seikei Gakuen).
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has invested in Sakana AI Inc., a Japan-based AI startup that develops next‑generation AI-foundation models. Through this collaboration, Mitsubishi Electric aims to create new solutions and expand businesses related to its SerendieTM digital platform by leveraging Sakana AI's expertise in using AI to optimize complex, tacit‑knowledge‑rich, highly challenging business operations. Due to rapid advances i.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in collaboration with RWTH Aachen University in Germany, it has developed a technology that uses a digital twin to correct machine-tool errors in real time on machine tools equipped with computer numerical control (CNC1). Tests showed that the technology can reduce errors caused by slight deformation of machined parts due to the force of a cutting tool by up to 50%.2 This results in fewer mistakes during.
SUWANEE, Ga.--(BUSINESS WIRE)--METUS today announced the introduction of ecodan® single-phase air-to-water (ATW) heat pump product line.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that two of its Indonesian subsidiaries have secured a major order to supply 66 elevators, 30 escalators, 404 air-conditioning units and 38 hand dryers for Two Sudirman Jakarta, a huge mixed-use urban space scheduled to open in the heart of Jakarta in end of 2028. PT Mitsubishi Jaya Elevator and Escalator manufactures, sells, installs and services elevators and escalators, and PT Mitsubishi Electric Indonesia.
Mitsubishi Electric (MIELY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has invested in Elephantech Inc., a startup developing proprietary nano-ink technology for inkjet printing, and signed a partnership agreement with the company. Through the partnership, Mitsubishi Electric aims to accelerate the industry's shift to manufacturing printed circuit boards (PCBs) using inkjet printing, a process known for its significantly reduced environmental impact. Previously, Mitsubish.
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Dr. Toru Takahashi of Mitsubishi Electric's Information Technology R&D Center in Kamakura, Japan and Dr. Michael J. Jones of Mitsubishi Electric Research Laboratories, Inc. in Cambridge, MA, USA have been elevated to the grade of IEEE Fellow in the class of 2026. IEEE, the world's largest association of some 486,000 professionals engaged in electrical/electronic engineering and information/communicati.
SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC today announced that Mark Kuntz will retire as Chief Executive Officer, effective March 31, 2026.
Mitsubishi Electric (MIELY) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
