Mitsubishi Electric Corp. logo

Mitsubishi Electric Corp.

6503.T

JPXIndustrialsElectrical Equipment & Parts

Latest quote

¥5,575

−¥27.00 · -0.48%

Aug 24, 1:19 PM JST

6503.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Mitsubishi Electric Corporation develops, manufactures, sells, and distributes electrical and electronic equipment in Japan, North America, rest of Asia, Europe, and internationally. It operates through Infrastructure, Industry & Mobility, Life, Business Platform, Semiconductor & Device, and Others segments. The company offers public utility systems comprising rolling stock and communication systems, and supervisory control and power supply systems; energy systems consisting of power transmission and distribution systems and power demand and supply optimization solutions; and defense and space systems, including missile and radar systems, command and control systems, electric warfare and satellite systems, and satellite data solutions. It also provides factory automation (FA) systems, such as control and drive products, processing machines, power distribution control equipment, and FA digital solutions; automotive equipment comprising electric vehicle-related equipment, ADAS-related products, vehicle control systems, and powertrain products; building systems consisting of elevators, escalators, and building management systems; and air conditioning and refrigeration systems, lighting, ventilation, and home equipment and appliances. In addition, the company offers information systems and network services related to manufacturing dx solutions; IT infrastructure; and security solutions. Further, it provides semiconductor and device products, including power and high-frequency devices, and optical devices, as well as procurement, real estate leasing and brokerage, advertising, and finance services. Additionally, the company offers energy and facility, OT security, and CVC solutions; data center and information systems outsourcing services; software, control panels, switchboards, printed circuit boards, and generators; electrical construction services; and repair services. Mitsubishi Electric Corporation was incorporated in 1921 and is headquartered in Chiyoda, Japan.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
JP
CEO
Kei Uruma
Listed since
May 15, 1949
Employees
150,000

Market position

Day range

Current ¥5,575

52-week range

Current ¥5,575

Open
¥5,596
Previous close
¥5,602
Volume
1.93M
0.3× average
Average volume
6.5M
Average daily volume
Market cap
11.41T JPY
Beta
0.76
Market reference 1
50-day average
¥5,789.36
-3.70% below average
200-day average
¥5,435.01
+2.58% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
9.84T JPY
P/E (TTM)
26.86×
P/B (TTM)
2.5×
P/S (TTM)
1.88×
EV / EBITDA
12.83×
Earnings yield
3.99%
Free cash flow yield
3.72%
Dividend yield
0.99%

Profitability & efficiency

Gross margin
34.36%
Operating margin
9.08%
Net margin
7.02%
Return on equity
9.09%
Return on assets
5.54%
Return on invested capital
7.90%

Financial health

Debt / equity
0.07×
Current ratio
1.77×
Altman Z-score
4.87
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%24%13%1%Gross margin, FY2022: 28.25%Gross margin, FY2023: 28.12%Gross margin, FY2024: 29.40%Gross margin, FY2025: 30.65%Gross margin, FY2026: 32.05%Operating margin, FY2022: 5.60%Operating margin, FY2023: 5.17%Operating margin, FY2024: 6.25%Operating margin, FY2025: 7.10%Operating margin, FY2026: 8.50%Net margin, FY2022: 4.55%Net margin, FY2023: 4.28%Net margin, FY2024: 5.42%Net margin, FY2025: 5.87%Net margin, FY2026: 6.92%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 28.25%. Gross margin FY2023 28.12%. Gross margin FY2024 29.40%. Gross margin FY2025 30.65%. Gross margin FY2026 32.05%. Operating margin FY2022 5.60%. Operating margin FY2023 5.17%. Operating margin FY2024 6.25%. Operating margin FY2025 7.10%. Operating margin FY2026 8.50%. Net margin FY2022 4.55%. Net margin FY2023 4.28%. Net margin FY2024 5.42%. Net margin FY2025 5.87%. Net margin FY2026 6.92%.

Income trends

Revenue

5.89T JPY+6.75%

Operating income

501.21B JPY+27.91%

Net income

407.7B JPY+25.80%
Income trends across reported periods6.46T JPY4.19T JPY1.91T JPY−365.64B JPYRevenue, FY2022: 4.48T JPYRevenue, FY2023: 5T JPYRevenue, FY2024: 5.26T JPYRevenue, FY2025: 5.52T JPYRevenue, FY2026: 5.89T JPYOperating income, FY2022: 250.87B JPYOperating income, FY2023: 258.93B JPYOperating income, FY2024: 328.53B JPYOperating income, FY2025: 391.85B JPYOperating income, FY2026: 501.21B JPYNet income, FY2022: 203.48B JPYNet income, FY2023: 213.91B JPYNet income, FY2024: 284.95B JPYNet income, FY2025: 324.08B JPYNet income, FY2026: 407.7B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 4.48T JPY. Revenue FY2023 5T JPY. Revenue FY2024 5.26T JPY. Revenue FY2025 5.52T JPY. Revenue FY2026 5.89T JPY. Operating income FY2022 250.87B JPY. Operating income FY2023 258.93B JPY. Operating income FY2024 328.53B JPY. Operating income FY2025 391.85B JPY. Operating income FY2026 501.21B JPY. Net income FY2022 203.48B JPY. Net income FY2023 213.91B JPY. Net income FY2024 284.95B JPY. Net income FY2025 324.08B JPY. Net income FY2026 407.7B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue5.89T JPY5.52T JPY5.26T JPY5T JPY4.48T JPY
Cost of goods sold4.01T JPY3.83T JPY3.71T JPY3.6T JPY3.21T JPY
Gross profit1.89T JPY1.69T JPY1.55T JPY1.41T JPY1.26T JPY
Research and development228.85B JPY221.87B JPY212.3B JPY195.1B JPY
Selling, general, and administrative1.39T JPY1.32T JPY1.24T JPY1.15T JPY1.01T JPY
Operating expenses1.39T JPY1.3T JPY1.22T JPY1.15T JPY1.01T JPY
Interest income30.27B JPY20.83B JPY21.2B JPY12.3B JPY11.91B JPY
Interest expense6.92B JPY14.4B JPY11.69B JPY4.3B JPY2.7B JPY
Depreciation and amortization233.78B JPY155.35B JPY139.23B JPY213.84B JPY206.81B JPY
Operating income501.21B JPY391.85B JPY328.53B JPY258.93B JPY250.87B JPY
Net income407.7B JPY324.08B JPY284.95B JPY213.91B JPY203.48B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+22.03%
11 comparable reports
Latest EPS result
52.16
Estimate 50.59 · Beat by 3.10%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates66.6954.0841.4628.85Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 62.23, estimate 43.2, surprise +44.05%, Beat. Q2 2025, reported Apr 28, 2025: actual 36.61, estimate 31.46, surprise +16.37%, Beat. Q3 2025, reported Jul 31, 2025: actual 43.89, estimate 36.36, surprise +20.71%, Beat. Q4 2025, reported Oct 31, 2025: actual 49.88, estimate 37.66, surprise +32.45%, Beat. Q1 2026, reported Feb 3, 2026: actual 53.12, estimate 43.14, surprise +23.13%, Beat. Q2 2026, reported Apr 28, 2026: actual 52.66, estimate 32.42, surprise +62.43%, Beat. Q3 2026, reported Jul 31, 2026: actual 52.16, estimate 50.59, surprise +3.10%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 64.08, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.78T1.59T1.39T1.2TQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 1.36T JPY, estimate 1.28T JPY, surprise +6.24%, Beat. Q2 2025, reported Apr 28, 2025: actual 1.52T JPY, estimate 1.42T JPY, surprise +7.17%, Beat. Q3 2025, reported Jul 31, 2025: actual 1.31T JPY, estimate 1.27T JPY, surprise +3.61%, Beat. Q4 2025, reported Oct 31, 2025: actual 1.42T JPY, estimate 1.33T JPY, surprise +6.82%, Beat. Q1 2026, reported Feb 3, 2026: actual 1.43T JPY, estimate 1.39T JPY, surprise +3.02%, Beat. Q2 2026, reported Apr 28, 2026: actual 1.71T JPY, estimate 1.61T JPY, surprise +6.65%, Beat. Q3 2026, reported Jul 31, 2026: actual 1.5T JPY, estimate 1.4T JPY, surprise +6.83%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 1.52T JPY, surprise —, Comparison unavailable.

6503.T peers

Continue in GoAI

Research 6503.T

research.disclaimer