Apr 1, 2024   SOURCE: BusinessWire

Mitsubishi Electric Mobility Commences Operations

Mitsubishi Electric Corporation is pleased to announce the commencement of operations of its new subsidiary, Mitsubishi Electric Mobility Corporation, which was formed as part of the planned spin-off of Mitsubishi Electric’s automotive-equipment business. The name was announced on December 1, 2023.

As a member of the Mitsubishi Electric Group, Mitsubishi Electric Mobility will contribute to the realization of a prosperous future mobility society through constant technological innovation.

Overview of Mitsubishi Electric Mobility Corporation (as of April 1, 2024)

Name

Mitsubishi Electric Mobility Corporation

Head office

7-3, Marunouchi 2-Chome, Chiyoda-ku, Tokyo

President & CEO

Kunihiko Kaga

Business

  • Manufacturing, sales, maintenance and repair of various electrical equipment, automotive equipment, ship machinery and equipment, transport machinery and equipment, industrial machinery and equipment, and system related to machine tool and equipment
  • Manufacturing, sales, maintenance, and repair of equipment, systems, and services related to information processing, information communication, and information provision
  • Manufacturing, maintenance, repair and sales of other machinery and equipment and electrical and electronic components
  • Production, sales and engineering of software related to items mentioned above

Paid-in capital

10 billion yen

Book closing date

March 31

URL

https://www.MitsubishiElectric-Mobility.com/en/

For the full text, please visit: www.MitsubishiElectric.com/news/