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Mitsubishi Electric Corp (6503.T)

6503.T on Tokyo Stock Exchange

1,418JPY
22 Feb 2019
Change (% chg)

¥-10 (-0.70%)
Prev Close
¥1,428
Open
¥1,418
Day's High
¥1,420
Day's Low
¥1,402
Volume
3,769,200
Avg. Vol
6,033,417
52-wk High
¥1,876
52-wk Low
¥1,146

Latest Key Developments (Source: Significant Developments)

CUI Global Says Unit Signs Cooperation Agreement With Mitsubishi Electric Europe BV
Tuesday, 6 Nov 2018 11:58am EST 

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

Mitsubishi Electric's Operating Margin For Year Ending March Could Reach As High As 7.7% - Nikkei
Wednesday, 20 Dec 2017 12:18pm EST 

Dec 21 (Reuters) - Nikkei::MITSUBISHI ELECTRIC'S OPERATING MARGIN FOR YEAR ENDING MARCH COULD REACH AS HIGH AS 7.7% WITH OPERATING PROFIT OF 315 BILLION YEN EXPECTED - NIKKEI.HITACHI'S OPERATING MARGIN FOR YEAR ENDING MARCH COULD REACH 8% AS OPERATING PROFIT MAY BEAT ITS 660 BILLION YEN FORECAST BY OVER 30 MILLION YEN - NIKKEI.  Full Article

Hitachi Will Acquire Mitsubishi Electric's Particle Therapy Equipment Business- Nikkei
Thursday, 7 Dec 2017 03:24pm EST 

Dec 8 (Reuters) - Nikkei::HITACHI WILL ACQUIRE MITSUBISHI ELECTRIC'S PARTICLE THERAPY EQUIPMENT BUSINESS- NIKKEI.  Full Article

Toshiba announces judgment by European Court of Justice
Thursday, 6 Jul 2017 10:56pm EDT 

July 7(Reuters) - Toshiba Corp <6502.T>:Says it received judgment from European Court of Justice.Says it is required to pay charges of 56.8 million euros (about 7.3 billion yen) on its own and 4.7 million euros (about 600 million yen) as joint liability with Mitsubishi Electric Corp <<<6503.T>>>, for violation of the European competition law in the gas insulated switchgear market.  Full Article

Mitsubishi Electric to pay C$ 13.4 mln fine
Tuesday, 25 Apr 2017 11:18pm EDT 

April 26(Reuters) - Mitsubishi Electric Corp <6503.T>:Says it received an order from the Ontario Superior Court of Justice to pay a fine amounting to C$ 13.4 million (about 1.1 billion yen), on April 25 (Canada time).Says the payment is for infringement of Canadian Competition Act in connection with certain automotive parts.  Full Article

R&I affirms Mitsubishi Electric's rating at "AA-" and says stable outlook-R&I
Tuesday, 18 Apr 2017 02:33am EDT 

April 18 (Reuters) - Mitsubishi Electric Corp <6503.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-"-R&I.* Rating outlook stable-R&I.  Full Article

Japanese self-drive cars map developer to buy rival U.S. startup for $200 million

Japanese map platform developer Dynamic Map Platform announced on Wednesday it plans to acquire Detroit-based map startup Ushr for up to $200 million in a bid to widen its geographical footprint in the burgeoning self driving cars market.