OTC Markets OTCPK - Delayed Quote • USD Mitsubishi Electric Corporation (MIELY) Follow Compare 33.14 +0.09 +(0.27%) As of 10:59:22 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Mitsubishi Electric Joins Horizon Europe’s "FLAGCHIP" Project to Develop Technology for Monitoring Power Module Condition TOKYO, January 30, 2025--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin developing a prototype to demonstrate a junction-temperature estimation technology for power modules, which it is pursuing as a partner in the European Union’s Horizon Europe project aimed at developing advanced power modules and improving cost efficiency of renewable-energy power-generation. The company is participating through its European subsidiary Mitsubishi Electric R&D Centre Europe B Mitsubishi Electric India to Acquire Stake in Gervigreind Data Science, Indian Software Startup Company TOKYO, January 30, 2025--Mitsubishi Electric Corporation (TOKYO:6503) announced today that its wholly owned subsidiary, Mitsubishi Electric India Pvt Ltd., will acquire a stake in Indian software startup Gervigreind Data Science Pvt. Ltd. (doing business as "Itanta Analytics") to jointly develop and sell no-code data-analysis and report-generation applications. Under a collaboration agreement, Mitsubishi Electric plans to strengthen its FA digital solutions business and contribute to the digital Mitsubishi Electric Opens "Serendie Street Yokohama" Collaboration Space TOKYO, January 17, 2025--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the completion of its "Serendie Street Yokohama" project with today’s opening of a co-creation area for collaborating on digital-transformation (DX) initiatives with external partners in the YOKOHAMA i-MARK PLACE building.Serendie Street Yokohama is a collaboration space that will bring together a wide range of internal and external experts, data and technologies from Japan and abroad to create unprecedented n Mitsubishi Electric to Ship Samples of LV100 1.2-kV IGBT Module for Industrial Use TOKYO, January 14, 2025--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that beginning February 15 it will provide samples of its new LV100-type 1.2-kV IGBT module as an industrial-use power semiconductor module for solar and other renewable-energy power-supply systems. Equipped with an eighth-generation insulated gate bipolar transistor (IGBT), the module minimizes power loss and maximizes output power of inverters and other components in power systems, such as photovoltaic power Mitsubishi Electric and AWS Sign MOU for Strategic Collaboration in Digital Domain TOKYO, January 14, 2025--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate in data center and cloud services businesses. The collaboration is another move toward strengthening data utilization solutions through its SerendieTM digital platform and realizing a sustainable society by reducing the carbon footprint of data centers, which are in high demand worldwide. Mitsubishi Electric to Ship Samples of S1-Series HVIGBT Module TOKYO, December 23, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of two new S1-Series High Voltage Insulated Gate Bipolar Transistor (HVIGBT) modules, both rated at 1.7kV, for large industrial equipment such as railcars and DC power transmitters from December 26. Thanks to proprietary Insulated Gate Bipolar Transistor (IGBT) devices and insulation structures, the new modules offer excellent reliability and low power loss and thermal resi Mitsubishi Electric to Establish Heat Pump Compressor Factory in the U.S. TOKYO, December 13, 2024--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will invest U.S.$ 143.5 million to retrofit a U.S.-based factory to make variable-speed compressors that are a key component of high-efficiency heat pumps. As part of Mitsubishi Electric US Holdings, Inc., the Maysville, Kentucky-based factory of Mitsubishi Electric Automotive America, Inc. currently manufactures and sells automotive electrical equipment. Production of the compressors, targeted to star Three Papers from Mitsubishi Electric’s Researchers Accepted to NeurIPS2024 TOKYO, December 03, 2024--Mitsubishi Electric Corporation (TOKYO:6503) announced today that three papers submitted by researchers at its Information Technology R&D Center (Kamakura City, Kanagawa Prefecture) and at Mitsubishi Electric Research Laboratories, Inc. (MERL), a subsidiary located in the United States (Cambridge, Massachusetts), have been accepted to the Conference on Neural Information Processing Systems (NeurIPS) 2024. In addition, MERL is leading the organization of a workshop at th Mitsubishi Electric, ME Innovation Fund Invests in Zenno Astronautics Ltd. TOKYO, November 29, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Zenno Astronautics Ltd., a New Zealand-based startup company that develops superconducting technology for space applications. This is the ninth investment that the fund has made to date.As satellites have become smaller and cheaper and the number of satellite launches is increasing rapidly, the importance of attitude control, a vital technology for the operation of Mitsubishi Electric Develops Compact, High-energy Sub-nanosecond-pulse Deep-ultraviolet Laser System TOKYO, November 26, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed, in collaboration with the Institute of Physical and Chemical Research (RIKEN) and the Institute for Molecular Science (IMS) of the National Institutes of Natural Sciences, a high-energy short-pulse (sub-nanosecond) deep ultraviolet (DUV) wavelength laser system that achieves an output energy of 235 millijoules, the world’s highest class pulse energy. The compact and portable laser syste Mitsubishi Electric’s Power Device Works to Construct New Plant TOKYO, November 20, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest approximately 10 billion yen to construct a new facility for the assembly and inspection of power semiconductor modules at its Power Device Works in Fukuoka Prefecture, Japan. The plant, which was originally announced on March 14, 2023, is scheduled to begin operations in October 2026.As the primary facility for assembling and inspecting power semiconductor modules, the plant will consolid Mitsubishi Electric to Ship Samples of SiC-MOSFET Bare Die for xEVs TOKYO, November 12, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of a silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) bare die for use in drive-motor inverters of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs) and other electric vehicles (xEVs) on November 14. Mitsubishi Electric’s first standard-specification SiC-MOSFET power semiconductor chip will enable the company to respond to the diversif Mitsubishi Electric Announces Consolidated Financial Results for the Second Quarter (First Half) of Fiscal 2025 TOKYO, October 31, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the second quarter (first half), ended September 30, 2024, of the current fiscal year ending March 31, 2025 (fiscal 2025). Mitsubishi Electric Announces Dividend for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024) and Dividend Forecast for Fiscal 2025 (April 1, 2024 – March 31, 2025) TOKYO, October 31, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has resolved to pay an interim dividend of 20 yen per share for the first half of fiscal 2025, as of the record date of September 30, 2024. Mitsubishi Electric to Strengthen Production Facilities for Energy System Business in U.S. and Japan TOKYO, October 30, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its U.S. subsidiary Mitsubishi Electric Power Products, Inc., headquartered in Pittsburgh, Pennsylvania, will invest approx. USD 86 million (approx. 12 billion yen) in advanced switchgear production and power electronics in the U.S. This investment is driven by the increasing demand for transmission and distribution grid products as the U.S. moves toward its renewable energy and decarbonization goals. Com Mitsubishi Electric Power Products Inc. to Build a Manufacturing Factory in Western Pennsylvania as Part of an $86 Million Investment in Advanced Switchgear and Power Electronics in North America WARRENDALE, Pa., October 28, 2024--Mitsubishi Electric Power Products, Inc. ("MEPPI"), in collaboration with its parent company Mitsubishi Electric Corporation ("MELCO") in Japan, announced an $86 million investment in advanced switchgear production and power electronics in the U.S. This investment is driven by the increasing demand for transmission and distribution grid products as the U.S. moves toward renewable energy and decarbonization goals. Mitsubishi Electric to Launch 80×60-pixel Thermal-diode Infrared Sensor with More Than Double the Field of View of Existing Sensors TOKYO, October 24, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the upcoming launch of a new MelDIR-brand 80×60-pixel thermal-diode infrared sensor (MIR8060C1) with a 100°×73° field of view, more than double that of the company’s existing thermal-diode infrared sensors, to accurately and efficiently identify people and objects. The expanded field of view will reduce the number of sensors required to effectively monitor large areas, contributing to the safety, security and Mitsubishi Electric, ME Innovation Fund Invests in Formic Technologies Inc. TOKYO, October 22, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Formic Technologies Inc., a U.S.-based startup company that designs, develops, and maintains industrial robots, offered through a subscription-based sales model. This is the eighth investment that the fund has made to date. Mitsubishi Electric Announces Status and Conclusion of Company Stock Repurchase TOKYO, October 10, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the conclusion of its repurchase of company stock pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company’s articles of incorporation approved by the Board of Directors on August 29, 2024, as shown below. Mitsubishi Electric and VTT of Finland to Develop Technology for Direct Capturing of CO2 from Oceans TOKYO, October 08, 2024--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it signed a memorandum of understanding (MOU) yesterday with VTT Technical Research Centre of Finland Ltd., headquartered in Espoo, Finland and headed by CEO Antti Vasara, to collaborate on the development of key nature-positive technologies, which are initially expected to include direct ocean capture (DOC) technology for the direct removal of CO2 from seawater. Performance Overview Trailing total returns as of 1/30/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 Return MIELY Nikkei 225 YTD -1.95% -0.95% 1-Year +11.25% +9.56% 3-Year +32.14% +47.90%