Next report date
Report period
Q1 2024
EPS estimate
0.13EUR
Revenue estimate
7.09 BEUR
0.832EUR
1.74 BEUR
32.20 BEUR
1.73 B
About MITSUBISHI ELECTRIC CORP
Sector
Industry
CEO
Kei Uruma
Website
Headquarters
Tokyo
Founded
1921
ISIN
JP3902400005
FIGI
BBG000BYSY34
Mitsubishi Electric Corp. engages in the manufacture, development, and sale of electric and electronic equipment. It operates in the following business segments: Energy and Electric Systems, Industrial Automation Systems, Information and Communication Systems, Electronic Devices, Home Appliances, and Others. The Energy and Electric Systems segment offers power and transportation systems, elevators, escalators, and supervisory control systems. The Industrial Automation Systems segment covers industrial automation products and systems, measurement and control systems, automotive and electronic products, and car multimedia systems. The Information and Communication Systems segment includes wireless, closed circuit television, space, and satellite communication systems, antennas, radar devices, and information communications network systems. The Electronic Devices segment provides power, high frequency, and optical devices; and liquid crystal displays. The Home Appliances segment covers air-conditioning and photovoltaic power generation systems, televisions, recorders, and players. The Others segment comprises of material procurement, logistics, real estate, advertising, and financial services. The company was founded on January 15, 1921 and is headquartered in Tokyo, Japan.
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on SWB exchange MITSUBISHI ELECTRIC CORP. stocks are traded under the ticker MIE1.
MITSUBISHI ELECTRIC CORP. is going to release the next earnings report on Jul 31, 2024. Keep track of upcoming events with our Earnings Calendar.
MIE1 earnings for the last quarter are 0.20 EUR per share, whereas the estimation was 0.20 EUR resulting in a 2.81% surprise. The estimated earnings for the next quarter are 0.22 EUR per share. See more details about MITSUBISHI ELECTRIC CORP. earnings.
MITSUBISHI ELECTRIC CORP. revenue for the last quarter amounts to 7.99 B EUR despite the estimated figure of 8.04 B EUR. In the next quarter revenue is expected to reach 8.42 B EUR.
Yes, you can track MITSUBISHI ELECTRIC CORP. financials in yearly and quarterly reports right on TradingView.
MIE1 net income for the last quarter is 605.30 M EUR, while the quarter before that showed 422.94 M EUR of net income which accounts for 43.12% change. Track more MITSUBISHI ELECTRIC CORP. financial stats to get the full picture.
MITSUBISHI ELECTRIC CORP. dividend yield was 1.99% in 2023, and payout ratio reached 36.84%. The year before the numbers were 2.53% and 39.49% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, MIE1 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MITSUBISHI ELECTRIC CORP. stock right from TradingView charts — choose your broker and connect to your account.
We've gathered analysts' opinions on MITSUBISHI ELECTRIC CORP. future price: according to them, MIE1 price has a max estimate of 19.77 EUR and a min estimate of 12.58 EUR. Read a more detailed MITSUBISHI ELECTRIC CORP. forecast: see what analysts think of MITSUBISHI ELECTRIC CORP. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MITSUBISHI ELECTRIC CORP. EBITDA is 3.18 B EUR, and current EBITDA margin is 9.88%. See more stats in MITSUBISHI ELECTRIC CORP. financial statements.