An announcement from Mitsubishi Electric ( (JP:6503) ) is now available.
Mitsubishi Electric reported a significant 22.8% decrease in non-consolidated net sales for fiscal 2025 compared to the previous year, primarily due to the spin-off of its automotive-equipment business to Mitsubishi Electric Mobility Corporation. Despite the drop in net sales, the company saw an increase in operating and ordinary income, highlighting a shift in its business structure and focus.
More about Mitsubishi Electric
Mitsubishi Electric Corporation is a global leader in the manufacture, marketing, and sales of electrical and electronic equipment. With over a century of experience, the company operates in various sectors including information processing, communications, space development, consumer electronics, industrial technology, energy, transportation, and building equipment. It is committed to enriching society through technology, as reflected in its motto ‘Changes for the Better.’
Average Trading Volume: 8,287,628
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen5905.1B
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