Mitsubishi Electric Mobility Commences Operations

TOKYO--(BUSINESS WIRE)--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.

As a member of the Mitsubishi Electric Group, Mitsubishi Electric Mobility will contribute to the realization of a prosperous future mobility society through constant technological innovation.

Overview of Mitsubishi Electric Mobility Corporation (as of April 1, 2024)

Name	Mitsubishi Electric Mobility Corporation
Head office	7-3, Marunouchi 2-Chome, Chiyoda-ku, Tokyo
President & CEO	Kunihiko Kaga
Business	Manufacturing, sales, maintenance and repair of various electrical equipment, automotive equipment, ship machinery and equipment, transport machinery and equipment, industrial machinery and equipment, and system related to machine tool and equipment Manufacturing, sales, maintenance, and repair of equipment, systems, and services related to information processing, information communication, and information provision Manufacturing, maintenance, repair and sales of other machinery and equipment and electrical and electronic components Production, sales and engineering of software related to items mentioned above
Paid-in capital	10 billion yen
Book closing date	March 31
URL	https://www.MitsubishiElectric-Mobility.com/en/

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