Mitsubishi Electric to Support Earthquake Relief in Myanmar

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 10 million yen to aid victims and support recovery efforts following the earthquake that struck Myanmar on March 28. The donation will be made through the Japanese Red Cross Society to support rescue and relief efforts as well as disaster prevention and mitigation activities in Myanmar and Thailand, which will be conducted by the International Red Cross and Red Crescent, the International Committee of the Red Cross, Myanmar Red Cross Society, Thai Red Cross Society and 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.

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.

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About Mitsubishi Electric Corporation

With more than 100 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. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company recorded a revenue of 5,257.9 billion yen (U.S.$ 34.8 billion*) in the fiscal year ended March 31, 2024. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of ¥151=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2024