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Mitsubishi Electric Corporation

Latest Tokyo Brief coverage on Mitsubishi Electric Corporation, tracking filings, financial news, and market signals from Japan.

Code
6503
Exchange
TSE
Coverage
2 articles

Latest coverage

TSE:6503

  1. Mitsubishi Electric Agrees to Pay $1.4bn for the Software Behind 60% of US Power Generation

    Mitsubishi Electric will pay a base $1.4bn for Oklahoma-based PCI Energy Solutions, whose trading and dispatch platforms already sit behind three-fifths of US power output, as the company chases a ¥200bn smart-energy revenue target by fiscal 2030.

  2. Oi Electric to Buy Back 13% of Its Stock to Catch Mitsubishi Electric's Planned Share Sale

    Oi Electric will spend up to ¥866.25mn buying back 13.08% of its shares in a single off-auction trade on August 19, structured to absorb stock that its largest shareholder, Mitsubishi Electric, has told the company it wants to sell.