Mitsubishi Electric Corporation (MEL.L)

1,452.00 +32.17 (+2.27%) At close: 12:26PM BST

Mitsubishi Electric Corporation

Tokyo Building
2-7-3, Marunouchi Chiyoda-ku
Tokyo 100-8310
Japan
81 3 3218 2111
https://www.mitsubishielectric.com/en/index.html

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 145,696

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kei Uruma	Pres, CEO, SVP of Export Control, Corp. Strategic Planning & Ops., CSO and Director	77M	N/A	1959
Mr. Tadashi Matsumoto	Representative Exec. Officer & Sr. VP	81M	N/A	N/A
Mr. Noriyuki Takazawa	Exec. Officer and Group Pres of Energy & Industrial Systems	76M	N/A	1962
Kuniaki Masuda	Exec. Officer, CFO, CHRO & Director	N/A	N/A	1964
Kunihiko Kaga	Exec. Officer, Chief Strategy Officer & CTO	N/A	N/A	1964
Eiichiro Mitani	Exec. Off., CIO, VP of Corp. Process & Op. Reeng. and Group Pres. of Info. Sys. & Network Ser.	N/A	N/A	1961
Mr. Yoji Saito	Exec. Officer, CMPO, CCO & VP of Corp. Communication	N/A	N/A	N/A
Katsuya Furuta	Exec. Officer, Chief Marketing Officer & VP of Corp. Marketing	N/A	N/A	1960
Atsuhiro Yabu	Group Pres of Automotive Equipment & Exec. Officer	N/A	N/A	N/A
Mr. Yoshihisa Hara	Exec. Officer & Group Pres of Electronic Systems	N/A	N/A	1960

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in JPY.

Description

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company offers turbine generators, hydraulic turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others. It also provides programmable logic controllers, inverters, servomotors, human-machine interfaces, hoists, magnetic switches, circuit breakers, time and power meters, uninterruptible power supply, industrial fans, computerized numerical controllers, electrical-discharge and laser processing machines, industrial robots, clutches, automotive electrical equipment, electric powertrain systems, car electronics and mechatronics, car multimedia, and others. In addition, the company offers satellite communications and radar equipment, satellites, antennas, missile and fire control systems, broadcasting and information systems equipment, network security systems, and systems integration products; and power modules, high-frequency devices, optical and LCD devices, and others. Further, it provides air conditioners, chillers, showcases, compressors, refrigeration units, air-to-water heat pump boilers, ventilators, hot water supply systems, IH cooking heaters, LED bulbs, indoor lighting, LCD televisions, refrigerators, electric fans, dehumidifiers, air purifiers, vacuum cleaners, jar rice cookers, microwave ovens, and others. Additionally, the company offers procurement, logistics, real estate, advertising, finance, and other services. Mitsubishi Electric Corporation was incorporated in 1921 and is headquartered in Tokyo, Japan.

Corporate governance

Mitsubishi Electric Corporation’s ISS governance QualityScore as of 1 May 2022 is 5. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.