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Mitsubishi Electric Corporation (MIELY)

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19.83-0.21 (-1.05%)
At close: 03:59PM EST

Mitsubishi Electric Corporation

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

Sector(s)Industrials
IndustryElectrical Equipment & Parts
Full Time Employees145,696

Key Executives

NameTitlePayExercisedYear Born
Mr. Kei UrumaRepresentative Exec. Officer, Pres, CEO & Director526.91kN/A1959
Mr. Tadashi MatsumotoRepresentative Exec. Officer & Sr. VP554.28kN/AN/A
Mr. Noriyuki TakazawaExec. Officer and Group Pres of Energy & Industrial Systems520.07kN/A1962
Mr. Kuniaki MasudaExec. Officer, CFO, CHRO & DirectorN/AN/A1964
Kunihiko KagaExec. Officer, CSO, CTO & DirectorN/AN/A1964
Eiichiro MitaniExec. Off., CIO, VP of Corp. Process & Op. Reeng. and Group Pres. of Info. Sys. & Network Ser.N/AN/A1961
Mr. Yoji SaitoExec. Officer, CMPO, CCO & VP of Corp. CommunicationN/AN/AN/A
Katsuya FurutaExec. Officer, Chief Marketing Officer & VP of Corp. MarketingN/AN/A1960
Atsuhiro YabuGroup Pres of Automotive Equipment & Exec. OfficerN/AN/AN/A
Mr. Yoshihisa HaraExec. Officer & Group Pres of Electronic SystemsN/AN/A1960
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. It 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. The company 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, it 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, the company 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, it offers procurement, logistics, real estate, advertising, finance, and other services. The company was incorporated in 1921 and is headquartered in Tokyo, Japan.

Corporate Governance

Mitsubishi Electric Corporation’s ISS Governance QualityScore as of October 1, 2022 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 9; Compensation: 5.

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 a 10 indicates higher governance risk.