TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Mitsubishi Electric Group will donate a total of 10 million yen to aid victims and support recovery efforts in connection with destructive landslides that occurred in Hiroshima, Japan on August 20.
Mitsubishi Electric will also coordinate a matching gift program through the Mitsubishi Electric SOCIO-ROOTS Fund, under which contributions from employees will be matched by the company.
The Mitsubishi Electric Group expresses its deepest sympathies to those affected by the disaster and its sincerest best wishes for a speedy recovery.
About Mitsubishi Electric SOCIO-ROOTS Fund
Established in 1992 as one of Japan’s first employee-donation matching programs, the Mitsubishi Electric SOCIO-ROOTS Fund is open to Mitsubishi Electric employees throughout Japan. Each year, many employees take advantage of the fund to support various facilities and programs involved with social welfare.
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 4,054.3 billion yen (US$ 39.3 billion*) in the fiscal year ended March 31, 2014. For more information visit http://www.MitsubishiElectric.com
*At an exchange rate of 103 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2014