Advertisement
Singapore markets closed
  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     
  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     
  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • Bitcoin USD

    64,028.75
    +300.90 (+0.47%)
     
  • CMC Crypto 200

    1,331.36
    +54.38 (+4.26%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • Dow

    38,675.68
    +450.02 (+1.18%)
     
  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     
  • Gold

    2,310.10
    +0.50 (+0.02%)
     
  • Crude Oil

    77.99
    -0.96 (-1.22%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     
  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     
  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Mitsubishi Electric Mobility Commences Operations

TOKYO, April 01, 2024--(BUSINESS WIRE)--Mitsubishi Electric Corporation is pleased to announce the commencement of operations of its new subsidiary, Mitsubishi Electric Mobility Corporation, which was formed as part of the planned spin-off of Mitsubishi Electric’s automotive-equipment business. The name was announced on December 1, 2023.

As a member of the Mitsubishi Electric Group, Mitsubishi Electric Mobility will contribute to the realization of a prosperous future mobility society through constant technological innovation.

Overview of Mitsubishi Electric Mobility Corporation (as of April 1, 2024)

Name

Mitsubishi Electric Mobility Corporation

Head office

7-3, Marunouchi 2-Chome, Chiyoda-ku, Tokyo

President & CEO

Kunihiko Kaga

Business

  • Manufacturing, sales, maintenance and repair of various electrical equipment, automotive equipment, ship machinery and equipment, transport machinery and equipment, industrial machinery and equipment, and system related to machine tool and equipment

  • Manufacturing, sales, maintenance, and repair of equipment, systems, and services related to information processing, information communication, and information provision

  • Manufacturing, maintenance, repair and sales of other machinery and equipment and electrical and electronic components

  • Production, sales and engineering of software related to items mentioned above

Paid-in capital

10 billion yen

Book closing date

March 31

URL

https://www.MitsubishiElectric-Mobility.com/en/

For the full text, please visit: www.MitsubishiElectric.com/news/

ADVERTISEMENT

View source version on businesswire.com: https://www.businesswire.com/news/home/20240331940522/en/

Contacts

Media inquiries
Mitsubishi Electric Corporation
Public Relations Division
prd.gnews@nk.MitsubishiElectric.co.jp

Mitsubishi Electric Mobility Corporation
Corporate Strategic Planning Unit
Corporate Strategic Planning Dept.
Strategic Corporate Communication Section
qa.melmb@nh.MitsubishiElectric.co.jp

Inquiries from non-media sources
Mitsubishi Electric Mobility Corporation
Corporate Strategic Planning Unit
Corporate Strategic Planning Dept.
Strategic Corporate Communication Section
qa.melmb@nh.MitsubishiElectric.co.jp