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Mitsubishi Electric Corp (6503.T)

6503.T on Tokyo Stock Exchange

1,412JPY
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¥14 (+0.96%)
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¥1,399
Open
¥1,400
Day's High
¥1,416
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¥1,386
Volume
1,040,300
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¥1,658
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¥1,096

Latest Key Developments (Source: Significant Developments)

Kang Yong Electric Invests In Melco's Assets Of Molds & Die Categories
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - Kang Yong Electric PCL ::INVESTS IN MITSUBISHI ELECTRIC TRADING CORP ASSETS OF MOLDS & DIE CATEGORIES TO DEVELOP TECHNOLOGY FOR ELECTRIC FAN.TOTAL VALUE OF DEAL 19.5 MILLION BAHT.  Full Article

Mitsubishi Electric - Korea FTC Has Announced Mitsubishi Violated Antitrust Regulations
Monday, 5 Aug 2019 

Aug 5 (Reuters) - Mitsubishi Electric Corp <6503.T>::KOREA FAIR TRADE COMMISSION HAS ANNOUNCED MITSUBISHI HAS VIOLATED ANTITRUST REGULATIONS.KOREA FTC SAID VIOLATIONS WERE IN CONNECTION WITH PAST TENDERS OF AUTOMOTIVE ALTERNATORS AND IGNITION COILS TO CERTAIN CUSTOMERS.KOREA FTC ANNOUNCED IT WILL ORDER MITSUBISHI ELECTRIC TO TAKE CORRECTIVE MEASURES AND PAY SURCHARGE OF ABOUT 8 BILLION WON.KOREA FTC ALSO ANNOUNCED IT WILL FILE CRIMINAL ACCUSATION CONCERNING ALTERNATORS TENDERS.WILL MAKE PROMPT AND APPROPRIATE RESPONSE AFTER RECEIVING FORMAL NOTICE FROM KOREA FTC.TAKE THIS MATTER VERY SERIOUSLY, RECONFIRM COMMITMENT TO THOROUGH IMPLEMENTATION OF COMPLIANCE MEASURES.  Full Article

Mitsubishi Electric Launches New Elevator And Escalator Company In Laos
Thursday, 20 Jun 2019 

June 19 (Reuters) - Mitsubishi Electric Corp <6503.T>::MITSUBISHI ELECTRIC LAUNCHES NEW ELEVATOR AND ESCALATOR COMPANY IN LAOS.NEW COMPANY, WHICH WAS ESTABLISHED BY MITSUBISHI ELEVATOR (THAILAND) CO WILL COMMENCE OPERATIONS ON JULY 1, 2019.MITSUBISHI - ANNUAL SALES IN LAOS EXPECTED TO RISE TO $3.82 MILLION BY FISCAL YEAR ENDING IN MARCH 2024, UP 50% FROM FISCAL YEAR THAT ENDED IN MARCH 2019.  Full Article

CUI Global Says Unit Signs Cooperation Agreement With Mitsubishi Electric Europe BV
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - CUI Global Inc ::CUI GLOBAL SUBSIDIARY ORBITAL GAS SYSTEMS SIGNS COOPERATION AGREEMENT WITH MITSUBISHI ELECTRIC EUROPE BV TO ENHANCE RTU AND BIOMETHANE PRODUCT LINES.CUI GLOBAL - MITSUBISHI ELECTRIC TO PROVIDE HARDWARE PRODUCT PLATFORM, TECHNICAL SUPPORT, ORBITAL TO CONTRIBUTE SYSTEM DESIGN, IMPLEMENTATION EXPERTISE.  Full Article

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Mitsubishi Electric to acquire plant from Sharp to boost EV power chip output

TOKYO Japan's Mitsubishi Electric Corp said on Thursday it would buy part of a plant in western Japan from Sharp Corp to meet growing demand for power management chips used in electric vehicles (EVs).