Mitsubishi Corporation

News and overview for Mitsubishi Corporation

Mitsubishi Electric 3MW Solar Panels to Power Italy's Coop Logistic Center [Press Release]
Business Wire | 4 days 17 hours 49 minutes ago
Mitsubishi Electric Corporation (TOKYO:6503) announced today the completion of a 2,906-kilowatt (kW) photovoltaic (PV) installation for Coop's new CNNA-Prato logistic center in Prato, Italy. Of the 15,710 lead-free solder PV modules used for the 2,906kW system, 15,650 modules (2,895kW) have been installed on the warehouse roof, covering a surface of 21,000 square meters, equivalent to 5 soccer fields. The system will reduce dependence on non-renewable energy, and is expected to generate 3.2 m...


Notice Concerning Capital Injection Changes for the NEC Electronics and Renesas Business Integration [Press Release]
Business Wire | 13 days 12 hours 14 minutes ago
NEC Electronics Corporation (NEC Electronics; TSE: 6723), Renesas Technology Corp. (Renesas), NEC Corporation (NEC; TSE: 6701), Hitachi, Ltd. (Hitachi; TSE: 6501 / NYSE: HIT), and Mitsubishi Electric Corporation (Mitsubishi Electric; TSE: 6503) today announced changes concerning the capital injection listed in its September 16, 2009 press release entitled “NEC Electronics and Renesas Reach a Definitive Agreement on Business Integration.”


Mitsubishi Electric Announces Revised Earnings Forecast for Fiscal 2010 (April 1, 2009-March 31, 2010) [Press Release]
Business Wire | 23 days 15 hours 19 minutes ago
Mitsubishi Electric Corporation (TOKYO:6503) announced today its revised earnings forecast for the current fiscal year ending March 31, 2010 (fiscal 2010).


Mitsubishi Electric Announces Consolidated Financial Results for the First Half and Second Quarter of Fiscal 2010 [Press Release]
Business Wire | 23 days 15 hours 18 minutes ago
Mitsubishi Electric Corporation (TOKYO:6503) announced today its financial results for the second quarter ending September 30, 2009, of the current fiscal year ending March 31, 2010 (fiscal 2010).


Mitsubishi Electric to Sell 12.1-inch Color TFT-LCD Module Internationally [Press Release]
Business Wire | 26 days 17 hours 49 minutes ago
Mitsubishi Electric Corporation (TOKYO:6503) announced today it has developed a 12.1-inch XGA color TFT-LCD module that is approximately 10% smaller in size with a reduced frame width compared to its previous model. The new AA121XL01 offers super high brightness (up to 1,000 cd/m2) and longer backlight life thanks to white light emitting diodes (LED), and is inverter-less. These improvements are expected to help reduce size and weight of portable data terminals and other display monitors for ...


Mitsubishi Electric Selects eASIC for Display Wall Cubes [Press Release]
Business Wire | 25 days 2 hours 49 minutes ago
eASIC Corporation, a provider of NEW ASIC devices, today announced that Mitsubishi Electric Corporation (Kyoto Works), a leading global manufacturer of display wall systems, has selected eASIC’s Nextreme NEW ASICs for its Seventy Series Display Wall Cube Systems. Mitsubishi Electric used eASIC’s Nextreme devices to replace existing gate-arrays and improve the video processing system performance by 50%.


Research and Markets: Polyvinyl Chloride (PVC) - a Global Market Report [Press Release]
Business Wire | 2 days 8 hours 23 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/829ab9/polyvinyl_chloride) has announced the addition of the "Polyvinyl Chloride (PVC) - A Global Market Report" report to their offering.


GENIVI Alliance Strengthens Presence in Japanese Automotive Industry [Press Release]
PRNewswire | 4 days 20 hours 49 minutes ago
...with the addition of five Japan-based companies -- Nissan Motor Co., Ltd., Alpine Electronics, Mitsubishi Electric, Pioneer Corporation and Rohm CO, Ltd. With its 76 years of experience and innovation in the automotive industry, GENIVI...


Research and Markets: Benzene - A World Market Review: Growth Being Driven by Use in Styrene Production and the Phasing out of Methyl Tertiary Butyl Ether [Press Release]
Business Wire | 4 days 9 hours 41 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/618b80/benzene_a_world) has announced the addition of the "Benzene - A World Market Review" report to their offering.


CanAlaska Uranium Ltd. - Non-brokered private placement [Press Release]
PRNewswire | 4 days 19 hours 47 minutes ago
VANCOUVER, Nov. 17 /PRNewswire-FirstCall/ - CanAlaska Uranium Ltd. ("CanAlaska" or the "Company") wishes to announce the combination of a non-brokered Flow-Through Unit private placement and a non-brokered Ordinary Unit private placement for up to $3,000,000.


Goldcliff Discovers New Copper-Gold Targets at Copper Mountain [Press Release]
MarketWire | 9 days 18 hours 47 minutes ago
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/12/09 -- George Sanders, President of Goldcliff Resource Corporation (TSX VENTURE: GCN), is pleased to report that several significant copper-gold targets have been established on the Tulameen Project claims. The target areas contain favourable geology, copper showings, anomalous copper-gold stream sediment values and defined airborne geophysical responses. Goldcliff's data interpretation of the Copper Mountain district provides a powerful ex...


Mitsubishi Closes On Purchase of 25% of Copper Mountain Project [Press Release]
PRNewswire | 94 days 4 hours 18 minutes ago
TSX : CUM


UnionBanCal Corporation Reports Third Quarter Results [Press Release]
Business Wire | 24 days 7 hours 19 minutes ago
UnionBanCal Corporation:


Integral Systems to Provide Ground Systems for ST-2 Program [Press Release]
PRNewswire | 62 days 47 minutes ago
...Under the agreement with Mitsubishi Electric Corporation, the manufacturer of...contract signing with Mitsubishi Electric in six months...consumers all over the world, Mitsubishi Electric Corporation is a recognized world...


Intalio Opens Cloud Computing Center of Excellence in Singapore [Press Release]
PRNewswire | 12 days 13 hours 49 minutes ago
...as-a-Service (SaaS). Intalio's main customers in Southeast Asia include several Fortune 100 banks, Mitsubishi Corporation, Mitsui, and NTT Data. "Cloud computing hastens the pace of Infocomm Technology becoming the 4th utility...





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Company Overview


Company: Mitsubishi Corporation
Industry: Metals & Mining
Website: http://www.mitsubishicorp.com

In Japanese "mitsubishi" means "three diamonds," but Mitsubishi Corporation claims six jewels. The "sogo shosha", or trading company, operates through seven main business groups: living essentials (agricultural products, food and beverages, textiles, and construction materials); metals (ferrous and non-ferrous); machinery (power generation equipment, electrical systems, automobiles); energy (liquefied natural gas, crude oil); and chemicals (petrochemicals, fertilizers, plastics). Its two newest business groups include industrial finance, which handles banking, asset management, construction, and logistics, and a business innovation unit, which offers software, telecommunications, and environmental services.


Key Numbers

Sales in U.S. Dollars (mil.) 60,736.199 (2008)
One-year % Growth in Sales 40.7 (2008)
Net Income in U.S. Dollars (mil.) 3,678.5 (2008)
One-year % Growth in Net Income 4.3 (2008)
Number of Employees 60,664 (2008)
One-year % Growth in Number of Employees 8.6 (2008)
Fiscal Year-End March