Articles from Mitsubishi Electric Corporation

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate in data center and cloud services businesses. The collaboration is another move toward strengthening data utilization solutions through its SerendieTM digital platform and realizing a sustainable society by reducing the carbon footprint of data centers, which are in high demand worldwide.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that beginning February 15 it will provide samples of its new LV100-type 1.2-kV IGBT module as an industrial-use power semiconductor module for solar and other renewable-energy power-supply systems. Equipped with an eighth-generation insulated gate bipolar transistor (IGBT), the module minimizes power loss and maximizes output power of inverters and other components in power systems, such as photovoltaic power-generation systems and storage batteries. The module will be exhibited at the 39th Electronics R&D, Manufacturing and Packaging Technology Expo (NEPCON JAPAN 2025) to be held at Tokyo Big Sight, Japan, from January 22 to 24, as well as other exhibitions in North America, Europe, China and additional locations.

Mitsubishi Electric Automotive America (MEAA) today at CES 2025 announced that its latest in-cabin cockpit system, FLEXConnect, now leverages QNX® software and Amazon Web Services (AWS) to enable cloud capabilities.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of two new S1-Series High Voltage Insulated Gate Bipolar Transistor (HVIGBT) modules, both rated at 1.7kV, for large industrial equipment such as railcars and DC power transmitters from December 26. Thanks to proprietary Insulated Gate Bipolar Transistor (IGBT) devices and insulation structures, the new modules offer excellent reliability and low power loss and thermal resistance, which are expected to increase the reliability and efficiency of inverters in large industrial equipment. Mitsubishi Electric’s 1.7kV HVIGBT modules, first released in 1997 and highly regarded for their excellent performance and high reliability, have been widely adopted for inverters in power systems. The new S1-Series modules incorporate Mitsubishi Electric’s proprietary Relaxed Field of Cathode (RFC) diode, which increases the Reverse Recovery Safe Operating Area (RRSOA) by 2.2 times compared to previous models for improved inverter reliability. In addition, the use of an IGBT element with a Carrier Stored Trench Gate Bipolar Transistor (CSTBT) structure helps reduce both power loss and thermal resistance for more efficient inverters. Furthermore, Mitsubishi Electric’s proprietary insulation structure increases the insulation voltage resistance to 6.0kVrms, 1.5 times that of previous products, resulting in more flexible insulation designs for compatibility with a wide range of inverter types.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will invest U.S.$ 143.5 million to retrofit a U.S.-based factory to make variable-speed compressors that are a key component of high-efficiency heat pumps. As part of Mitsubishi Electric US Holdings, Inc., the Maysville, Kentucky-based factory of Mitsubishi Electric Automotive America, Inc. currently manufactures and sells automotive electrical equipment. Production of the compressors, targeted to start in October 2027, is expected to help the company meet growing demand in the United States for low-greenhouse-gas-impact and energy-efficient HVAC solutions. Initial estimated annual capacity will total 1,000,000 compressors.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that three papers submitted by researchers at its Information Technology R&D Center (Kamakura City, Kanagawa Prefecture) and at Mitsubishi Electric Research Laboratories, Inc. (MERL), a subsidiary located in the United States (Cambridge, Massachusetts), have been accepted to the Conference on Neural Information Processing Systems (NeurIPS) 2024. In addition, MERL is leading the organization of a workshop at the conference.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed, in collaboration with the Institute of Physical and Chemical Research (RIKEN) and the Institute for Molecular Science (IMS) of the National Institutes of Natural Sciences, a high-energy short-pulse (sub-nanosecond) deep ultraviolet (DUV) wavelength laser system that achieves an output energy of 235 millijoules, the world’s highest class pulse energy. The compact and portable laser system has been installed in a dedicated area of RIKEN’s facility at IMS in Japan, where it will be used for accelerator research and development. Sub-nanosecond pulses were achieved by using a microchip laser capable of generating extremely short pulses, and high energy output was realized by optimizing the beam diameter. In addition, co-developed their Distributed Face Cooling technology is implemented in a high-heat dissipation chip developed by RIKEN and IMS, enabling the joule-class laser to operate at room temperature, unlike conventional high-power lasers that require low-temperature cooling. Going forward, Mitsubishi Electric will continue to advance its laser acceleration technology and laser system miniaturization, thereby contributing to technological innovation in a wide range of fields.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest approximately 10 billion yen to construct a new facility for the assembly and inspection of power semiconductor modules at its Power Device Works in Fukuoka Prefecture, Japan. The plant, which was originally announced on March 14, 2023, is scheduled to begin operations in October 2026. As the primary facility for assembling and inspecting power semiconductor modules, the plant will consolidate previously dispersed assembly and inspection production lines within the site to streamline production, from the incoming of components through manufacturing and final shipment. New systems will be implemented to automate the management of manufacturing processes and the transportation of products for improved productivity. In addition, the company’s integrated system covering everything from design, development and production technology verification to manufacturing will be strengthened to enhance product development. Mitsubishi Electric expects the new plant to support its rapid and stable supply of products to meet market needs in response to the anticipated increases in demand for power semiconductors. As a result, the company envisions contributing to the energy efficiency of power-electronics devices in various applications, as well as the Green Transformation (GX).

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of a silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) bare die for use in drive-motor inverters of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs) and other electric vehicles (xEVs) on November 14. Mitsubishi Electric’s first standard-specification SiC-MOSFET power semiconductor chip will enable the company to respond to the diversification of inverters for xEVs and contribute to the growing popularity of these vehicles. The new SiC-MOSFET bare die for xEVs combines a proprietary chip structure and manufacturing technologies to contribute to decarbonization by enhancing inverter performance, extending driving range and improving energy efficiency in xEVs.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the second quarter (first half), ended September 30, 2024, of the current fiscal year ending March 31, 2025 (fiscal 2025).

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has resolved to pay an interim dividend of 20 yen per share for the first half of fiscal 2025, as of the record date of September 30, 2024.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its U.S. subsidiary Mitsubishi Electric Power Products, Inc., headquartered in Pittsburgh, Pennsylvania, will invest approx. USD 86 million (approx. 12 billion yen) in advanced switchgear production and power electronics in the U.S. This investment is driven by the increasing demand for transmission and distribution grid products as the U.S. moves toward its renewable energy and decarbonization goals. Combined with Mitsubishi Electric’s investment in a factory in Japan, the Mitsubishi Electric Group’ total investment of approx. USD 110 million (approx. 16 billion yen) will strengthen its energy system production capabilities both in Japan and overseas.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today the upcoming launch of a new MelDIR-brand 80×60-pixel thermal-diode infrared sensor (MIR8060C1) with a 100°×73° field of view, more than double that of the company’s existing thermal-diode infrared sensors, to accurately and efficiently identify people and objects. The expanded field of view will reduce the number of sensors required to effectively monitor large areas, contributing to the safety, security and convenience of solutions for monitoring elderly care facilities and building air-conditioning systems, counting people, and measuring body temperatures. The launch is scheduled for January 6, 2025.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Formic Technologies Inc., a U.S.-based startup company that designs, develops, and maintains industrial robots, offered through a subscription-based sales model. This is the eighth investment that the fund has made to date.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today the conclusion of its repurchase of company stock pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company’s articles of incorporation approved by the Board of Directors on August 29, 2024, as shown below.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that seven papers submitted by researchers at its Information Technology R&D Center (Kamakura City, Kanagawa Prefecture) and Mitsubishi Electric Research Laboratories, Inc. (MERL), a subsidiary located in the United States (Cambridge, Massachusetts), have been accepted at IEEE/RSJ International Conference on Intelligent Robots and Systems (IROS) 2024.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will organize an exhibit during the Japan International Aerospace Exhibition 2024 (JA2024) at the Tokyo Big Sight exhibition complex (Block W1-007, West Hall 1) from October 16 to 19. The company will exhibit a range of initiatives focused on contributing to creation of a safe and secure society and sustainable development through satellite development, satellite data solutions, transfer vehicle and lunar landing.

SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (“Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary”). Following the share transfer, the company was renamed MD LOGIS CORPORATION.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Power Device Works’ Fukuyama Factory has begun large-scale supply of power semiconductor chips made from 12-inch silicon (Si) wafers for the assembly of semiconductor modules, effective immediately. The advanced Si power-semiconductor modules will initially be used in consumer products. Going forward, Mitsubishi Electric expects to contribute to green transformation (GX) by providing a stable and timely supply of semiconductor chips to meet the growing demand for energy-saving power-electronics devices in various applications.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that all success criteria, including an additional success, were achieved without performance degradation during a six-month on-orbit demonstration of its laser source module after extensive evaluation. Mitsubishi Electric conducted the test last year with a module it developed using low-cost commercial off-the-shelf (COTS) components. This is the first time in the world that the performance degradation of optical components in a space environment has been evaluated.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has joined the 30% Club Japan, part of a global campaign to increase the ratio of women in key corporate decision-making positions. Founded in the United Kingdom in 2010, the 30% Club has expanded to more than 20 countries, and in Japan it has set a target of at least 30% women on TOPIX 100 company boards by 2030.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will exhibit advanced technologies and solutions under the theme of “Transforming the world through serendipity” during CEATEC 2024 at Makuhari Messe (Block 5H103, Exhibition Hall No. 5) in Chiba, Japan from October 15 to 18. CEATEC 2024 will be a comprehensive exhibition of digital innovation, gathering people, technologies and information from diverse industries and business sectors to envision Society 5.0, a world that will combine economic development with solutions to major problems facing human civilization.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has built undersea conservation fences off Iriomote Island, Okinawa Prefecture, to protect tape seagrass, a Category II vulnerable species on the Ministry of the Environment’s Red List, and donated the fences to the town of Taketomi in Yaeyama County, Okinawa Prefecture, which administers the island, during a ceremony on September 2.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the company’s Board of Directors resolved on August 29, 2024 to repurchase shares of the company’s stock pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company’s articles of incorporations, as shown below.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of its new 200Gbps PIN-photodiode (PD) chip for use in next-generation optical transceivers to support 800Gbps and 1.6Tbps fiber communication from October 1 this year. The addition of the new receiver chip to Mitsubishi Electric’s optical device lineup will enable existing devices capable of transmitting at 800Gbps/1.6Tbps to newly receive optical data at these same speeds, thereby expanding the communication capacity of optical transceivers, including for high-speed, high-capacity communication in data centers.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the first quarter, ended June 30, 2024, of the current fiscal year ending March 31, 2025 (fiscal 2025).

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has received an order from Kansai Transmission and Distribution, Inc. (Osaka, Japan) for its 84kV dry air insulated switchgear, a new environmentally friendly, greenhouse gas-free product for use in gas-insulated switchgear (GIS) to be installed in substations. Mitsubishi Electric is the first company in Japan to develop GIS which does not utilize greenhouse gases, with two of the main components—vacuum interrupter (VI) and vacuum circuit breaker—developed in-house.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has launched a railway data analysis service utilizing SerendieTM, its digital platform for the optimal use of energy and the optimal deployment and operation of railway assets by railway companies. The new service is available for immediate use.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that, in cooperation with system integrator Glory Technology Service Inc. and Taiwan’s leading telecommunications company Chunghwa Telecom Co., Ltd., it has supplied Taiwan Power Company (Taipower) with a headend system as the central point for managing and controlling smart meters, and also communication modules to be embedded into the smart meters and data concentrator units. The system is already in partial operation as the first smart meter system delivered by Mitsubishi Electric outside Japan.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that a team of three data scientists, Yuya Shintani, Kento Okumura and Shoma Fukuhara from the Mitsubishi Electric DX Innovation Center, won a gold medal in the Home Credit – Credit Risk Model Stability competition hosted by Google LLC subsidiary Kaggle INC., the world’s largest AI competition platform.

SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) have today concluded a stock purchase agreement under which Seino will acquire 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation currently held by Mitsubishi Electric, and a shareholder agreement governing arrangements among shareholders regarding the business operations of the logistics company after the transaction.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of 8W and 14W gallium nitride (GaN) monolithic microwave integrated circuit (MMIC) power amplifiers for use in Ka-band satellite-communication (SATCOM) earth stations from July 1.

Mitsubishi Electric Corporation (TOKYO:6503), Magnesium Research Center (MRC) of Kumamoto University, TOHO KINZOKU CO., LTD., and the Japan Aerospace Exploration Agency (JAXA) announced today the 3D printing industry’s first high-precision additive manufacturing (AM) technology for using magnesium alloys in a wire-laser metal 3D printer via the directed energy deposition (DED) method, marking a significant leap forward in industrial manufacturing. Unlocking the potential to process magnesium alloys with unparalleled precision and complexity will pave the way for rocket, automobile, aircraft, etc. components that are lighter and stronger than those made of iron or aluminum, leading to improved fuel efficiency and, in the case of rockets, reduced production costs. In addition, the envisioned production processes based on a wire-laser metal 3D printer will be more energy efficient and generate fewer greenhouse gas emissions compared to conventional processes, promising to deliver low-impact solutions for increased sustainability.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Pente Networks Inc., a U.S.-based startup company that provides Infrastructure-as-a-Service (IaaS) to promote the introduction of private LTE/5G networks for enterprises. This is the seventh investment that the fund has made to date.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has begun shipping low-current 3.3kV/400A and 3.3kV/200A versions of a Schottky barrier diode (SBD) embedded silicon carbide (SiC) metal-oxide-semiconductor field-effect transistor (MOSFET) module for large industrial equipment, including rolling stock and electric power systems, from today, June 10. Together with the existing 3.3kV/800A version, the newly named UnifullTM series comprises three modules to meet the growing demand for inverters capable of increasing power output and power conversion efficiency in large industrial equipment. The new modules will be exhibited at major trade shows, including Power Conversion Intelligent Motion (PCIM) Europe 2024 in Nuremberg, Germany from June 11 to 13.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a web-based service on June 28 to provide data on the design and validation of a proprietary prototype inverter equipped with a module containing three LV100 insulated gate bipolar transistors (IGBTs), aiming to help customers accelerate their development of high-power inverters for applications such as photovoltaic power-generation systems. Customers involved in developing prototype inverter systems with LV100 packages are expected to use reference information provided by the service to reduce their design, manufacture and validation workloads. The service will be exhibited at major trade shows, including Power Conversion Intelligent Motion (PCIM) Europe 2024 in Nuremberg, Germany from June 11 to 13.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of a new 16W-average-power gallium nitride (GaN) power amplifier module (PAM) for 5G massive MIMO (mMIMO) base stations on June 11. PAMs, which can be used in 32T32R mMIMO antennas to reduce the manufacturing cost and power consumption of 5G mMIMO base stations, are expected to be increasingly deployed as 5G networks expand from urban centers to regional areas. Mitsubishi Electric will exhibit its new 16W GaN PAM in the USA at IEEE MTT-S International Microwave Symposium (IMS) 2024 in Washington, DC, from June 18-20.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has launched the SerendieTM digital platform, effective immediately, to facilitate co-creation initiatives aimed at accelerating the company’s transformation into a “Circular Digital-Engineering Company.”

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will increase its existing investment in Massachusetts-based Realtime Robotics, Inc., an American startup company that is pioneering motion-planning technology for calculating trajectories to enable factory-automation (FA) equipment to avoid obstacles and generate optimized routes.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has been awarded the GUINNESS WORLD RECORDSTM title for the fastest robot to solve a puzzle cube using a robot equipped with high-speed, high-precision factory automation (FA) equipment and control technology. The robot’s time of 0.305 second beat the previous record of 0.38 second, for which Mitsubishi Electric received a GUINNESS WORLD RECORDS certificate on May 21.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will begin offering heat-related total solutions as a service from May 31 to enable manufacturers, building owners and heat-supply operators to reduce their electricity and heat-energy costs and achieve greater decarbonization. As one of the company’s newest Energy & Facility (E&F) solutions, the one-stop service will combine customized consulting, heat-system designing as well as the provision of hot-water and industrial cooling and heating equipment that contribute to electrification, and operational support for electric power and thermal energy in energy management systems (EMS).

Mitsubishi Electric Corporation (Chiyoda-ku, Tokyo) and Musashi Energy Solutions Co., Ltd. (Hokuto City, Yamanashi Prefecture), a subsidiary of Musashi Seimitsu Industry Co., Ltd. (Toyohashi City, Aichi Prefecture), announced today their signing of a partnership and co-development agreement on May 14 for Innovative Energy Storage Devices to be incorporated into Innovative Energy Storage Modules, and Battery Management Systems (BMSs) that monitor and control battery usage for railway operators and rolling stock manufacturers.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Board of Directors has resolved to pay an year-end dividend of 30 yen per share for fiscal 2024, as of the record date of March 31, 2024, with due consideration of the company’s performance and financial standing during the respective fiscal year.

Mitsubishi Electric Corporation (TOKYO:6503) announced today its cancellation of treasury stock pursuant to the provisions of Article 178 of the Companies Act, as shown below.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has been awarded a contract by the Japan Aerospace Exploration Agency (JAXA) to supply space-use lithium-ion batteries for the Gateway, a lunar orbiting space station.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for fiscal 2024 (April 1, 2023 - March 31, 2024).

Hitachi Industrial Equipment Systems Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (Head Office: Chiyoda-ku, Tokyo; President & CEO: Kei Uruma; hereinafter “Mitsubishi Electric”) today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric’s Nagoya Works, which develops and manufactures factory automation (FA) equipment, to Hitachi Industrial Equipment Systems and integrate their businesses (hereinafter “Business Transfer”). After obtaining approval from the relevant authorities, assets and other items related to the distribution transformer business (development, design, manufacturing, sales, and maintenance) at Mitsubishi Electric’s Nagoya Works will be transferred to Hitachi Industrial Equipment Systems in stages beginning in October 2024, with completion scheduled for April 1, 2026. The Business Transfer does not include the transformers manufactured at Mitsubishi Electric’s Transmission & Distribution Systems Center, Ako Factory.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its wholly owned subsidiaries Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. and Mitsubishi Electric Europe B.V. wholly acquired AIRCALO, an air-conditioning company in France, on April 2. Going forward, Mitsubishi Electric expects to leverage AIRCALO’s broad product line and strong customization capabilities to expand and upgrade its hydronic HVAC systems business in the diversifying European market, including by meeting strong demand for made-to-order products and environmental awareness.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today the conclusion of its repurchase of company stock pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company’s articles of incorporation approved by the Board of Directors on April 28, 2023, as shown below. Mainly due to a rise in the share price during the repurchase period, neither the total number of shares repurchased nor the aggregate value of shares repurchased reached the upper limits approved by the Board of Directors.

Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) jointly announced today that they have completed the integration of their respective power-generator systems businesses under Mitsubishi Generator Co., Ltd., which commenced operations today.

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.

Mitsubishi Electric Corporation (TOKYO:6503) announces that the candidates for Directors, who will be proposed for election at the Ordinary General Meeting of Shareholders scheduled for June 2024, were elected at the meeting of the Nomination Committee held on March 29, 2024.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will begin shipping samples of its latest optical device, a DFB-CAN with built-in wavelength monitor, on April 1. This innovative new light source, the industry’s first to use the TO-56CAN package for digital coherent communication capable of high-speed, long-distance transmission, is expected to contribute to the realization of ultra-small, low-power consumption of optical transceiver modules.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its environmental efforts related to supply chains have earned the company designation as a 2023 “Supplier Engagement Leader,” the highest ranking in the CDP Supplier Engagement Rating program operated by CDP, an international non-profit organization that supports environmental disclosure. This is the fourth consecutive year since 2020 and seventh time in which Mitsubishi Electric has earned a top ranking for excellent actions and strategies to reduce greenhouse gas emissions and climate-change risks throughout its supply chain. The Supplier Engagement Rating evaluates how effectively companies engage their suppliers on climate change. Companies that receive top appraisals are named a “Supplier Engagement Leader.” This year, Mitsubishi Electric has been also awarded CDP’s highest “A List” ranking for Climate Change and Water Security activities.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has reached agreement with Nozomi Networks Inc, a developer and distributor of operational technology (OT) security solutions, to jointly pursue OT security initiatives including marketing and technical development. As part of the agreement, Mitsubishi Electric has acquired an equity stake in Nozomi Networks.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it ranked fourth globally and first among Japanese companies in terms of international patent applications filed in 2023 according to the Switzerland-based World Intellectual Property Organization (WIPO). A high level of both ranking and the number of patent applications reflect Mitsubishi Electric’s strategy to actively promote international patent applicants along with the globalization of its business. In 2023, the company has ranked within the top five global companies in international patent applications by company for ten consecutive years since 2014, and first among all Japanese companies for nine consecutive years.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has signed an agreement with Dispel LLC, a developer and distributor of secure remote-access and operational-management solutions, to expand their operational technology (OT) security business through marketing and technical development.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin shipping samples of its new 6.5W silicon radio-frequency (RF) high-power metal-oxide semiconductor field-effect transistor (MOSFET) for use in RF high-power amplifiers of commercial handheld two-way radios (walkie-talkies) on February 28. The model, which achieves an industry-leading 6.5W output power from a 3.6V single-cell lithium-ion battery, is expected to extend the range and reduce the power consumption of commercial radio equipment. With the growing popularity of 3.6V lithium-ion batteries in smartphones, the commercial radio industry has been expected to develop higher power products using these batteries, which are less expensive than conventional 7.2V batteries. But until now, the use of 3.6V batteries resulted in reduced output power for commercial radio amplifiers which require higher output than smartphones, so the market has been waiting for MOSFETs capable of increasing the output power of 3.6V batteries.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today its dividend forecast for the current fiscal year ending March 31, 2024 (fiscal 2024).

Mitsubishi Electric Corporation (TOKYO: 6503) announces an organizational changes and changes in the executive officer structure, and division of duties effective April 1, 2024, pursuant to a resolution passed during a regular meeting of the Board of Directors held on February 20, 2024. The company also announces Executive Officers (Associate) to be appointed on the same date.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Dr. Shumpei Kameyama of Mitsubishi Electric’s Information Technology R&D Center (Kamakura, Japan) and Dr. Jonathan Le Roux of Mitsubishi Electric Research Laboratories, Inc. (Cambridge, MA, USA) have been awarded the title of IEEE Fellow. IEEE, the world’s largest association of some 420,000 professionals engaged in electrical/electronic engineering and information/communication technology in 160 countries, confers fellowships annually on less than 0.1% of its voting members for outstanding contributions to technological innovation and societal progress.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the international nonprofit CDP has once again given Mitsubishi Electric its highest “A List” ranking for Climate Change and Water Security activities. The top ratings recognize the environmental focus of Mitsubishi Electric’s commercial activities and goals as well as the company’s timely and appropriate information disclosure. Mitsubishi Electric has been named to the A List six different times in each category since 2016.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today its new Environmental Plan 2025, from April 2024 to March 2026, based on the company’s Environmental Vision 2050 long-term commitments to addressing environmental issues. The company also announced updated greenhouse gas emissions-reduction targets through 2030 for its corporate group, which have been certified by the Science Based Targets Initiative (SBTi) for conformance with the Paris Agreement’s 1.5°C trajectory.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Smart Lander for Investigating Moon (SLIM), a spacecraft developed by the company under contract with the Japan Aerospace Exploration Agency (JAXA), successfully achieved a high-precision landing on the lunar surface at 00:20 a.m. (Japan Standard Time) on January 20.

Mitsubishi Electric Corporation (TOKYO:6503) announced today its consolidated financial results for the first 9 months and third quarter, ended December 31, 2023, of the current fiscal year ending March 31, 2024 (fiscal 2024).

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed a behavioral-analysis AI that analyzes the efficiency of manual tasks performed on production sites in just a few minutes without requiring operators to prepare AI-training data in advance, by adopting a probabilistic generative model. This new addition to the company's Maisart AI lineup quickly analyzes videos of people performing repetitive tasks and then visualizes how tasks can be performed more efficiently for greater productivity.

Mitsubishi Electric Corporation (TOKYO:6503) announced today that its Smart Lander for Investigating Moon (SLIM), developed by the company under contract with the Japan Aerospace Exploration Agency (JAXA), successfully landed on the lunar surface at 00:20 a.m. on January 20 (Japan Standard Time). This is Japan's first lunar landing, making it the fifth country to safely land a spacecraft on the Moon, joining Russia (Soviet Union), the United States, China and India.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today the coming release of six new J3-Series power semiconductor modules for various electric vehicles (xEVs), featuring either a silicon carbide metal-oxide semiconductor field-effect transistor (SiC-MOSFET) or a RC-IGBT (Si), with compact designs and scalability for use in the inverters of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs). All six J3-Series products will be available for sample shipments from March 25.

Mitsubishi Electric Corporation and HACARUS Corporation announced today that they have agreed to expand their collaboration in the development of AI-based visual-inspection applications for manufacturing. As part of the agreement, Mitsubishi Electric will take an equity stake in HACARUS.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 30 million yen (approximately US$200,000) to aid victims of earthquakes that struck Noto Peninsula in Japan. The donation will be made through the Japanese Red Cross Society. The company also plans to make additional donations through Mitsubishi Electric SOCIO-ROOTS Fund, a gift-matching program which matches and doubles donations from employees.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will exhibit at CES 2024 in Las Vegas, USA, from January 9 to 12, with a booth themed "To create a sustainable Smart Society where people, leading technologies and the environment can thrive together."

Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) announced today that they have each signed a contract for an absorption-type company split with MTG Co., LTD, which has been established as a preparatory company to integrate the two firms’ power-generator systems businesses under a planned joint venture. As previously announced, the two firms agreed—in principle by a basic agreement (hereinafter MOU) on December 26, 2022 and in detail by a definitive agreement (hereinafter DA) on May 29, 2023—on a plan to transfer their respective power-generator systems businesses to the planned joint-venture company in which Mitsubishi Electric and Mitsubishi Heavy Industries will become the shareholders on April 1, 2024.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Hayden AI Technologies, Inc., a U.S. based startup company that provides the traffic violation enforcement services using image analysis technology. This is the sixth investment the fund has made to date.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has set the terms and conditions for issuing its first corporate green bonds in the Japanese market, as initially announced in a news release on November 10. The proceeds from the bonds will be used to construct a silicon-carbide (SiC) power semiconductor plant and upgrade related facilities.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed the world's first penetration-test support tool, CATSploit, which automatically generates attack scenarios based on the test objectives of a penetration tester, such as the theft of confidential information, to evaluate the effectiveness of test attacks. Using the attack scenarios and resulting test results (scores), even inexperienced security engineers can easily perform penetration tests.