Q3 FY24: Revenue ¥1,243.9 bn (+¥18.2 bn YoY), Operating Profit ¥86.4 bn (+¥3.7 bn YoY)
Revenue and operating profit achieved new record highs due to the significant improvement of the automotive equipment business despite the impact of market fluctuations in the air conditioning systems & home products and factory automation systems businesses.
Operating profit in the automotive equipment business returned to profit in both Q3/Q1-Q3 FY24, following Q2 FY24
Net profit attributable to Mitsubishi Electric Corporation stockholders Net profit attributable to Mitsubishi Electric Corporation stockholders increased by 1.3 billion yen year-onyear to 65.8 billion yen due mainly to an increase in profit before income taxes. The net profit attributable to Mitsubishi Electric Corporation stockholders to revenue ratio was 5.3%.