Latest news with #www.MitsubishiElectric.com
Business Wire
13-05-2025
- Business
- Business Wire
Mitsubishi Electric Announces Dividend for Fiscal 2025
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 2025, as of the record date of March 31, 2025. Mitsubishi Electric has a basic policy in dividend payment of approximately 3% in adjusted DOE * to ensure consistency from the perspective of providing appropriate returns to shareholders in line with the level of Mitsubishi Electric Corporation stockholders' equity and maintaining financial soundness to continue investments for growth. For fiscal 2026, the company plans to pay an interim dividend of 25 yen per share and a year-end dividend of 30 yen per share, as of the record date of March 31, 2026, based on the basic policy above. The actual interim dividend will be declared at the Board of Directors' meeting in October 2025, and the actual year-end dividend at the Board of Director's meeting in May 2026. Fiscal 2025 year-end dividend(as of the record date of March 31, 2025) Fiscal 2025 Dividend (final) Previous Forecast for Fiscal 2025 Dividend (as of April 28, 2025) Fiscal 2024 Dividend Record date March 31, 2025 March 31, 2025 March 31, 2024 Dividend per share 30 yen 30 yen 30 yen Total amount of dividends 62,319 million yen － 62,702 million yen Effective date June 3, 2025 － June 4, 2024 Dividend resource Retained earnings － Retained earnings Expand *Adjusted DOE(dividend on equity ratio): Adjusted ratio of dividends to stockholders' equity [dividend paid / the stockholders' equity(excluding accumulated other comprehensive income (loss))]. Fiscal 2026 dividend forecast(as of the record date of March 31, 2026) Dividend per share Interim dividend Year-end dividend Annual dividend Fiscal 2026(previous announcement as of April 28, 2025) To be determined To be determined To be determined Fiscal 2026(present announcement) 25 yen 30 yen 55 yen Fiscal 2025(actual) 20 yen 30 yen 50 yen Expand Note: The forecast above is based on assumptions deemed reasonable by the company at the present time, and actual results may differ significantly from forecasts. Please refer to the cautionary statement in the full document. Expand For more information, please visit:
Associated Press
30-04-2025
- Business
- Associated Press
Mitsubishi Electric Acquires Irish Elevator Company Ascension Lifts
TOKYO--(BUSINESS WIRE)--Apr 30, 2025-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has acquired all shares of Ascension Lifts Limited, an Irish elevator company based in Dublin, through its wholly owned subsidiary Motum AB, headquartered in Stockholm, Sweden, on April 29. Mitsubishi Electric and its Tokyo-based subsidiary Mitsubishi Electric Building Solutions Corporation are expanding their worldwide business in elevator maintenance and renewal, which is expected to enjoy growing demand in the building systems sector, one of Mitsubishi Electric's priority growth businesses. In the mature European market, the demand for maintenance and renewal services is forecast to grow against the backdrop of aging elevators and escalators and heightened environmental awareness. In response, the two companies plan to create an operational structure capable of accelerating the delivery of value to customers. Ascension Lifts, which has been operating in the Irish elevator market for many years, has excellent technical capabilities and know-how for multi-brand maintenance and renewal, as well as a strong customer network. Through this acquisition, Mitsubishi Electric and Mitsubishi Electric Building Solutions will strengthen their business base in the Irish market by expanding their business domain into maintenance and renewal, starting with the use of Ascension Lifts's maintenance stock, and promote their strategy for expanding the elevator and escalator business in the European market. For the full text, please visit: View source version on CONTACT: Customer Inquiries Global Business Development Group Strategic Planning Office (LBS) Mitsubishi Electric Corporation Tel: +81-3-3218-2950 Inquiries Takeyoshi Komatsu Public Relations Division Mitsubishi Electric Corporation Tel: +81-3-3218-2332 [email protected] Communications Division Mitsubishi Electric Building Solutions Corporation Tel: +81-3-6206-5030 [email protected] KEYWORD: IRELAND SWEDEN UNITED KINGDOM JAPAN ASIA PACIFIC EUROPE INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER MANUFACTURING HARDWARE BUILDING SYSTEMS PUBLIC TRANSPORT TECHNOLOGY TRANSPORT MANUFACTURING SOURCE: Mitsubishi Electric Corporation Copyright Business Wire 2025. PUB: 04/30/2025 03:30 AM/DISC: 04/30/2025 03:29 AM
Yahoo
24-04-2025
- Automotive
- Yahoo
Mitsubishi Electric and Nanofiber Quantum Technologies Launch Trial to Develop Quantum Computer Interconnection Technology
Aiming for high-speed, high-capacity interconnection of neutral-atom quantum computers TOKYO, April 24, 2025--(BUSINESS WIRE)--Mitsubishi Electric Corporation and Nanofiber Quantum Technologies Inc. (NanoQT) announced today the immediate launch of a joint demonstration aimed at establishing interconnection technologies for neutral-atom quantum computers. Neutral-atom quantum computers offer significant advantages in scalability due to their capacity for high integration and through the use of optical tweezers for flexible control of atom arrangement. However, the number of quantum bits (qubits) that can be controlled in a single system is physically limited by constraints such as the space available for atom arrangement. To realize large-scale quantum computing on a practical basis, new technology is needed to interconnect multiple quantum computers and thereby effectively expand the number of qubits. In this joint demonstration, a photonic quantum interface will be developed by leveraging Mitsubishi Electric's advanced qubit control technologies and NanoQT's technology, which combines Yb atoms and nanofiber cavities, aiming to demonstrate technology for high-efficiency interconnection between neutral Yb atom quantum computers. The goal is to create an atom-photon interface that enables highly efficient interconnections between neutral-atom quantum computers. Nanofiber cavities will be used to enhance atom-photon interactions that will significantly increase the efficiency of generating quantum entanglement, which is essential for inter-quantum computer communication. In addition, by storing multiple Yb atoms in nanofiber cavities, the project will parallelize entanglement sharing. These achievements, combined with Mitsubishi Electric's qubit control technologies, are expected to realize high-speed, large-capacity communication between quantum computers. For the full text, please visit: View source version on Contacts Media Inquiries Public Relations DepartmentMitsubishi Electric Nanofiber Quantum Technologies Customer Inquiries Information Technology R&D CenterMitsubishi Electric Corporationhttps:// Nanofiber Quantum Technologies Sign in to access your portfolio
Yahoo
07-04-2025
- Business
- Yahoo
Mitsubishi Electric to Support Earthquake Relief in Myanmar
TOKYO, April 07, 2025--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 10 million yen to aid victims and support recovery efforts following the earthquake that struck Myanmar on March 28. The donation will be made through the Japanese Red Cross Society to support rescue and relief efforts as well as disaster prevention and mitigation activities in Myanmar and Thailand, which will be conducted by the International Red Cross and Red Crescent, the International Committee of the Red Cross, Myanmar Red Cross Society, Thai Red Cross Society and the Japanese Red Cross Society. The company also plans to make additional donations through Mitsubishi Electric SOCIO-ROOTS Fund, a gift-matching program which matches and doubles donations from employees. The Mitsubishi Electric Group expresses its deepest sympathies to all those affected by the disaster and extends its very sincerest wishes for a speedy recovery. ### About Mitsubishi Electric Corporation With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its "Changes for the Better." The company recorded a revenue of 5,257.9 billion yen (U.S.$ 34.8 billion*) in the fiscal year ended March 31, 2024. For more information, please visit *U.S. dollar amounts are translated from yen at the rate of ¥151=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2024 View source version on Contacts Customer Inquiries Sustainability Strategic Planning and Administration DivisionSustainability Innovation GroupMitsubishi Electric Media Inquiries Takeyoshi KomatsuPublic Relations DivisionMitsubishi Electric CorporationTel: + Sign in to access your portfolio
Yahoo
25-02-2025
- Automotive
- Yahoo
Mitsubishi Electric Develops World's First Technology that Provides Visualization of Operator Know-How from System Operation Logs
Will significantly shorten digital transformation development period TOKYO, February 25, 2025--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed the world's first "Operation Log-driven Development Technology" for the development of systems that facilitate and accelerate digital transformation (DX). The new technology enhances system operation management and maintenance by visualizing and sharing know-how derived from operator experience and knowledge stored in system operation logs. In modern society, the labor shortage resulting from the declining birthrate and aging population and the passing down of technology know-how have become major issues. In particular, in the management and maintenance of public infrastructure, daily operation is maintained by monitoring and controlling large amounts of signals from various sensors. However, when an abnormality occurs due to equipment failure or abnormal weather, it is necessary to identify the cause at an early stage and implement countermeasures. However, deciding which measures to deploy often depends on the judgment of experienced operators and experts. As the number of extreme weather events resulting from climate change increases, and with a declining population and aging facilities, there is an urgent need to provide systems for DX solutions that enhance operational and maintenance capabilities by leveraging the experience and knowledge accumulated by such veteran operators and experts. For the full text, please visit: View source version on Contacts Customer Inquiries Advanced Technology R&D CenterMitsubishi Electric CorporationFax: + Media Inquiries Takeyoshi KomatsuPublic Relations DivisionMitsubishi Electric CorporationTel: +
