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MIELY / Mitsubishi Electric: A Mixed Picture

Mitsubishi Electric: A Mixed Picture
Mitsubishi Electric Corporation suffered from an EBITDA miss in Q1 FY 2024, and the company's consensus full-year FY 2024 EBITDA forecast was cut in recent months. The company is allocating as much as JPY2.8 trillion to investments in high-growth areas in the next few years, and this should help to push up its future ROE. I award a Hold investment rating to Mitsubishi Electric, as I have a mixed view of the stock considering both its short-term outlook and medium-term prospects. Read More
Posted: Sep 18 2023, 12:29
Author Name: Seeking Alpha
Views: 041339

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Mitsubishi Electric: A Mixed Picture

By Seeking Alpha
September 18, 2023

Mitsubishi Electric: A Mixed Picture

Mitsubishi Electric Corporation suffered from an EBITDA miss in Q1 FY 2024, and the company's consensus full-year FY 2024 EBITDA forecast was cut in r more_horizontal

Japan's Mitsubishi Electric to build India plant for $231 mln

By Reuters
May 9, 2023

Japan's Mitsubishi Electric to build India plant for $231 mln

The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing more_horizontal

Mitsubishi partners with Cartken to break into the robotic delivery world

By TechCrunch
January 20, 2022

Mitsubishi partners with Cartken to break into the robotic delivery world

Mitsubishi Electric, the automaker's electronics equipment manufacturing company, is starting a pilot program to explore the value of autonomous robot more_horizontal

Mitsubishi partners with Cartken to break into the robotic delivery world

By TechCrunch
January 20, 2022

Mitsubishi partners with Cartken to break into the robotic delivery world

Mitsubishi Electric, the automaker's electronics equipment manufacturing company, is starting a pilot program to explore the value of autonomous robot more_horizontal

Mitsubishi partners with Cartken to break into the robotic delivery world

By TechCrunch
January 20, 2022

Mitsubishi partners with Cartken to break into the robotic delivery world

Mitsubishi Electric, the automaker's electronics equipment manufacturing company, is starting a pilot program to explore the value of autonomous robot more_horizontal


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