Company profile

Future of Mitsubishi Electric

#
Rank
355
| Quantumrun Global 1000

Mitsubishi Electric Corporation is a Japanese global electronics and electrical equipment producing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi.

Mitsubishi Electric produces architectural and electric equipment and is a significant global manufacturer of photovoltaic panels.The company was formed on 15 January 1921.

In the United States, products are produced and sold by Mitsubishi Electric United States headquartered in Cypress, California.

Home Country:
Sector:
Industry:
Electronics, Electrical Equip.
Founded:
1921
Global employee count:
138700
Domestic employee count:
Number of domestic locations:
1

Financial Health

Revenue:
$4390000000000 JPY
3y average revenue:
$4253333333333 JPY
Operating expenses:
$4090000000000 JPY
3y average expenses:
$3973333333333 JPY
Funds in reserve:
$310523000000 JPY
Market country
Revenue from country
0.63

Asset Performance

  1. Product/Service/Dept. name
    Industrial automaticon systems
    Product/Service revenue
    1321937000000
  2. Product/Service/Dept. name
    Energy and electric systems
    Product/Service revenue
    1264600000000
  3. Product/Service/Dept. name
    Home appliances
    Product/Service revenue
    982064000000

Innovation assets and Pipeline

Investment into R&D:
$203000000000 JPY
Total patents held:
19155
Number of patents field last year:
217

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the industrials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a vast swath of current and future products.

*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.

*3D printing (additive manufacturing) will increasingly work in tandem with future automated manufacturing plants drive down the costs of production even further by the early 2030s.

*As augmented reality headsets become popularized by the late 2020s, consumers will begin replacing select types of physical goods with cheap-to-free digital goods, thereby reducing general consumption levels and revenue, per consumer.

*Among millennials and Gen Zs, the growing cultural trend towards less consumerism, towards investing money into experiences over physical goods, will also lead to a minor reduction in general consumption levels and revenue, per consumer. However, a growing global population and the increasingly wealthy African and Asian nations will make up for this revenue shortfall.

COMPANY’S FUTURE PROSPECTS

Company Headlines