Mitsubishi Electric : to Support Earthquake Relief in Mexico
October 11, 2017 at 10:11 pm EDT
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Mitsubishi
Electric Corporation (TOKYO:6503) announced today that the
Mitsubishi Electric Group will donate a total of 2.38 million pesos
(approximately 14 million yen) to aid victims and support recovery
efforts following a series of earthquakes that struck Mexico in
September. The donation will include contributions from three affiliates
located in Mexico, MITSUBISHI ELECTRIC DE MEXICO, S.A. DE C.V.,
Mitsubishi Electric Automotive de Mexico, S.A. de C.V. and MELCO
Logistics de Mexico, S.A. de C.V.
The Mitsubishi Electric Group expresses its deepest sympathies to all
those affected by the disaster and extends its very sincerest wishes for
a speedy recovery.
About Mitsubishi Electric Corporation With
over 90 years of experience in providing reliable, high-quality
products, Mitsubishi Electric Corporation (TOKYO:6503) is a recognized
world leader in the manufacture, marketing and sales of electrical and
electronic equipment used in information processing and communications,
space development and satellite communications, consumer electronics,
industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better,
and its environmental statement, Eco Changes, Mitsubishi Electric
endeavors to be a global, leading green company, enriching society with
technology. The company recorded consolidated group sales of 4,238.6
billion yen (US$ 37.8 billion*) in the fiscal year ended March 31, 2017.
For more information visit: www.MitsubishiElectric.com *At
an exchange rate of 112 yen to the US dollar, the rate given by the
Tokyo Foreign Exchange Market on March 31, 2017
View source version on businesswire.com: http://www.businesswire.com/news/home/20171011006386/en/
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%).
MITSUBISHI ELECTRIC CORPORATION 
