Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushikigaisha, 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, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.
|Mitsubishi Denki kabushikigaisha|
|Formerly||Mitsubishi Electric Manufacturing Co., Ltd.|
|Founded||January 15, 1921|
|Headquarters||Tokyo Building, 2-7-3, Marunouchi, Chiyoda, Tokyo, Japan|
|Setsuhiro Shimomura (Chairman),|
(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)|
|¥235.0 billion (2014)|
|¥153.5 billion (2014)|
|Total assets||¥3,612.9 billion (2014)|
|Total equity||¥1,600 billion (2014)|
Number of employees
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.
In 2015 the company acquired DeLclima, an Italian company that designs and produces HVAC and HPAC units, renamed Mitsubishi Electric Hydronics & IT Cooling Systems SpA in 2017.
In early 2020, MELCO was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.
MELCO is consistently innovative. In 2021, the World Intellectual Property Organization (WIPO)’s annual World Intellectual Property Indicators report ranked Mitsubishi Electric's number of patent applications published under the PCT System as 3rd in the world, with 2,661 patent applications being published during 2020. This position is down from their previous ranking as 2nd in 2019 with 2,334 applications. 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.
- Air conditioning systems
- Room air conditioners
- Package air conditioners
- Variable refrigerant flow (VRF) systems (EcoCute)
- Air curtains
- Home products
- Refrigerators and freezers
- Air purifiers, dehumidifiers
- Vacuum cleaners, electric fans
- Building systems
- Elevators, escalators
- Moving walks
- High-speed hand dryers (marketed as Mitsubishi Jet Towel)
- Information and communications systems
- Data transmission system solutions
- Saffron Type System, an anti-aliased text-rendering engine, developed by Mitsubishi Electric Research Laboratories (MERL)
- Optical access systems
- Satellite communications
- Factory automation systems
- Programmable controllers
- AC servo systems, inverters
- Industrial and collaborative robots, 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
- Space systems
- Satellite programs, platforms, and components
- Optical and radio telescopes
- Mobile Mapping System, a high-precision GPS mobile measurement system
- Public systems
- 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.
- Video Cassette Recorders known as the Mitsubishi Black Diamond VCR.
- 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.
- Computers, including MELCOM mainframe computers and MSX home computers.
- 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.
As of 2013,[update] MELCO's business network around the world were the following:
- Mitsubishi Electric Global
- Mitsubishi Electric - North America
- Mitsubishi Electric Asia-Pacific
- Mitsubishi Electric Europe
- 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)
Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins. Mitsubishi continues sponsorship of the team.
- "Mitsubishi Electric Locations".
- "Annual Report FY17" (PDF). Archived from the original (PDF) on 2015-02-10.
- "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". Bloomberg.
- "Mitsubishi heavy industries vs Mitsubishi electric". Arlington Air Conditioning Services. Retrieved 2020-10-07.
- "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.
- "Mitsubishi Electric Enters into Agreement to Acquire Majority Interest in DeLclima" (PDF). Mitsubishi Electric. 2015-08-25.
- "Climaveneta S.p.A. and RC Group S.p.A. to Merge and Begin Doing Business as Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. on January 1". Mitsubishi Electric. 2016-12-16.
- Author, No (2020-02-13). "Mitsubishi Electric hack began in China in March 2019, defense contractor says". The Japan Times. Retrieved 2020-08-10.
- "World Intellectual Property Indicators 2021" (PDF). WIPO. Retrieved 30 November 2021.
- World Intellectual Property Organization (2020). World Intellectual Property Indicators 2020. www.wipo.int. World IP Indicators (WIPI). World Intellectual Property Organization (WIPO). doi:10.34667/tind.42184. ISBN 9789280532012. Retrieved 2021-08-26.
- "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.CS1 maint: archived copy as title (link)
- "1920s-1970s | History | About".
- "1980s | History | About".
- "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.
|Wikimedia Commons has media related to Mitsubishi Electric.|