Mitsubishi Electric : Named in FTSE4Good Index Series
July 19, 2017 at 10:08 pm EDT
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TOKYO, July 19, 2017
- Mitsubishi Electric Corporation announced today that it has been named as a constituent of the FTSE4Good Index Series, a world-leading socially responsible investment (SRI) indicator developed by FTSE Russell, a part of the London Stock Exchange Group.
The FTSE4Good Index Series comprises companies that demonstrate strong environmental, social and governance (ESG) practices. Players in global stock markets use the indices as SRI indicators to determine if investment funds and other products are socially responsible and engage in ethical activities.
Mitsubishi Electric is committed to achieving the sustainable development goals (SDGs) introduced by the United Nations in 2015. The Mitsubishi Electric Group will make continuous innovation as a part of its efforts to achieve even higher growth as a 'global, leading green company' that contributes to the creation of a prosperous society where both a 'sustainable society' and 'safe, secure, and comfortable lifestyles' are simultaneously achieved, as expressed in the corporate statement, Changes for the Better.
Mitsubishi Electric Corporation published this content on 20 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 July 2017 02:08:04 UTC.
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Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows:
- industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.;
- electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.;
- household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.;
- information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.;
- electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.;
- other (13.2%): financial services, real estate management, engineering and maintenance services, etc.
Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).