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) The Tokyo Building, the headquarters building of Mitsubishi Electric in Tokyo.[1] | |
Native name | 三菱電機株式会社 |
|---|---|
Romanized name | Mitsubishi Denki kabushiki gaisha |
| Formerly | Mitsubishi Electric Manufacturing Co., Ltd. |
| Type | Public KK |
| TYO: 6503 LSE: MEL | |
| Industry | Electrical equipment Electronics |
| Founded | January 15, 1921 Tokyo, Japan |
| Headquarters | Tokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan |
Area served | Worldwide |
Key people | Setsuhiro Shimomura (Chairman), Masaki Sakuyama (President & CEO) |
| Products | Energy and electric systems, electronic devices, industrial automation systems, home appliances, information and communication systems and space systems |
| Revenue |  ¥4,394.4 billion (2017)[2] |
| ¥235.0 billion (2014)[3] | |
| ¥153.5 billion (2014)[3] | |
| Total assets | ¥3,612.9 billion (2014)[3] |
| Total equity | ¥1,600 billion (2014)[3] |
Number of employees | 138,700[4] (2018) |
| Website | www |
Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushiki gaisha, also abbreviated as MELCO), established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, factory automation systems, train systems, semiconductors, digital signage, and satellites.[5]
In the United States, products are manufactured and sold by Mitsubishi Electric United States headquartered in Cypress, California.[6]
History
MELCO was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company.[7][8]
MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005.[9]
The company acquired Nihon Kentetsu, a Japanese home appliance manufacturer, in 2005.[10]
In early 2020, MELCO was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.[11]
Products
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A large dish antenna in the Atacama Large Millimeter Array, manufactured by Mitsubishi Electric
Some product lines of MELCO, such as air conditioners, overlap with the products from Mitsubishi Heavy Industries partly because the companies share the same root.[8][7]
- Air conditioning systems
- Room air conditioners
- Package air conditioners
- Variable refrigerant flow (VRF) systems (EcoCute)
- Ventilators
- Air curtains
- Home products
- Refrigerators and freezers
- Air purifiers, dehumidifiers
- Vacuum cleaners, electric fans
- Toasters[12]
- Building systems
- Elevators, escalators
- Moving walks
- High-speed hand dryers (marketed as Mitsubishi Jet Towel)[13]
- Information and communications systems
- Data transmission system solutions
- SCOPO, the world's first transmission at 10 Gbit/s between relay equipment boards set at a distance of 500 millimetres (20 in) apart
- Saffron Type System, an anti-aliased text-rendering engine, developed by Mitsubishi Electric Research Laboratories (MERL)
- Optical access systems
- Satellite communications
- Data transmission system solutions
- Factory automation systems
- Programmable controllers
- AC servo systems, inverters
- Industrial and collaborative robots,[14] processing machines
- Energy systems
- Semiconductors and devices
- Power modules, high-power devices
- Driver ICs
- Sensors (Contact image sensors, etc)
- High-frequency devices
- optical devices
- TFT-LCD modules
- Transportation systems
- Rolling stock systems
- Power supply and electrification systems
- Transportation planning and control systems
- Communication systems
- Automotive equipment
- Charging and starting products
- Electrification products (Electric power steering system products, safety and driving assistance system products, etc.)
- Car multimedia products
- Visual information systems
- Large-scale LED displays
- Diamond Vision, large-scale video displays for sports venues and commercial applications
- Multimedia projectors
- Printers
- Large-scale LED displays
- Space systems
- Satellite programs, platforms, and components
- Optical and radio telescopes
- Mobile Mapping System, a high-precision GPS mobile measurement system
- Public systems
- Applied superconductor systems
- Doppler lidar, radar systems
- Active electronically scanned array radar systems for the Mitsubishi F-2 fighter
- Uninterruptible power supply
- Water treatment systems
Discontinued products
- Mobile phones, from 1999 to 2008. Created for NTT DoCoMo. MELCO quit the mobile phone business in Apr 2008 after decrease in shipments. They estimated a temporary loss of 17 billion Yen in income before income taxes.[16]
- Video Cassette Recorders known as the Mitsubishi Black Diamond VCR.
- Televisions
- Large-screen HDTVs. Competitors in the U.S market were Sony, Pioneer, Panasonic, JVC, Samsung (Akai), Daewoo, LG (Zenith), and Apex Digital.
- Direct-view CRT televisions, including the Diamondtron, until 2001. The last notable size in this field was a 40" (diagonal) tube size.
- LCD TVs, until 2008.
- DLP High Definition TVs, until December, 2012. MELCO then focused on professional and home theater DLP projection applications, and is no longer manufacturing televisions for the consumer market.
- Computer memory. Business unit spun off to be part of Elpida Memory.
- System LSIs. Business unit spun off to be part of Renesas Technology.
- Popular musics. MELCO previously marketed popular music via record company Nippon Crown, which had been spun off from then-Nissan Group-owned Nippon Columbia on September 15, 1963. it was sold to Daiichi Kosho Company in July, 2001.
- Particle Beam Treatment System, until 2017. Business sold to Hitachi.[17]
Global operations
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The Mitsubishi Electric-owned Solae Test Tower in Inazawa City, Japan is the world's second tallest elevator testing tower.[18]
)
Mitsubishi Electric office in Canada
As of 2013, MELCO's business network around the world were the following:
- Mitsubishi Electric Global[19]
Slogans
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Mitsubishi Electric wordmark used exclusively in Japan between 1985 and 2014
- With you today and tomorrow (今日もあなたと共に, 1962–1968, in Japan only)
- Advanced and ever advancing Mitsubishi Electric (未来を開発する三菱電機, 1968–1985 in Japan, 1968–2001 outside Japan)
- SOCIO-TECH: enhancing lifestyles through technology (技術がつくる高度なふれあい SOCIO-TECH, 1985–2001 in Japan. The "Blue MITSUBISHI" logo was introduced for use in Japan.)
- Changes for the Better (since 2001)[26]
Sports
Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins
See also
- List of elevator manufacturers
References
- ^ "Mitsubishi Electric Locations".
- ^ "Annual Report FY17" (PDF). Archived from the original (PDF) on 2015-02-10.
- ^ a b c d "Annual Report FY13" (PDF). Archived from the original (PDF) on 2015-02-10.
- ^ "MITSUBISHI ELECTRIC About us - At-a-Glance". Retrieved 2018-05-12.
- ^ Corporation, Mitsubishi Electric. "Products & solutions". MITSUBISHI ELECTRIC Global Website. Retrieved 2020-07-23.
- ^ "Mitsubishi Electric US Holdings, Inc".
- ^ a b "Mitsubishi heavy industries vs Mitsubishi electric". Arlington Air Conditioning Services. Retrieved 2020-10-07.
- ^ a b "Mitsubishi Heavy vs. Mitsubishi Electric: Comparison Review". www.oasis-aircon.com. Retrieved 2020-07-23.
- ^ Pollack, Andrew (1993-09-22). "BUSINESS TECHNOLOGY; Fastest, Maybe Smoothest, Trip Up". The New York Times. ISSN 0362-4331. Retrieved 2020-07-23.
- ^ "Mitsubishi Electric Announces Conclusion of a Share Exchange Agreement with Nihon Kentetsu Co., Ltd". www.businesswire.com. 2005-07-04. Retrieved 2020-07-23.
- ^ Author, No (2020-02-13). "Mitsubishi Electric hack began in China in March 2019, defense contractor says". The Japan Times. Retrieved 2020-08-10.
- ^ "Mitsubishi Makes A $415 Toaster For Extreme Bread Enthusiasts". Gizmodo Australia. 2020-03-12. Retrieved 2020-07-23.
- ^ "Mitsubishi Jet Towl Website".
- ^ "Mitsubishi Electric to launch collaborative robots". Robotics & Automation News. 2018-01-02. Retrieved 2020-07-23.
- ^ Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules Archived October 10, 2007, at the Wayback Machine
- ^ "Archived copy". Archived from the original on 2016-05-20. Retrieved 2014-12-10.
- ^ "Hitachi to buy Mitsubishi Electric's particle therapy business". Nikkei Asian Review. Retrieved 2020-07-23.
- ^ "Mitsubishi Electric Products".
- ^ "mitsubishielectric.com". mitsubishielectric.com. 2011-07-20. Retrieved 2013-09-30.
- ^ "mitsubishielectric.ca". mitsubishielectric.ca. Retrieved 2013-09-30.
- ^ "mitsubishielectric-usa.com". mitsubishielectric-usa.com. Retrieved 2013-09-30.
- ^ "mitsubishielectric.asia". mitsubishielectric.asia. 2013-08-21. Archived from the original on 2016-03-25. Retrieved 2013-09-30.
- ^ "mitsubishielectric.co.jp". mitsubishielectric.co.jp. Retrieved 2013-09-30.
- ^ "melsa.com.sa". melsa.com.sa. Retrieved 2013-09-30.
- ^ "mitsubishielectric.eu". mitsubishielectric.eu. Retrieved 2013-09-30.
- ^ "MITSUBISHI ELECTRIC CORPORATION History of the Corporate Logo". Mitsubishi Electric Corporation.