When was Mitsubishielectric founded?

Mitsubishielectric was founded in 1921 and raised its 1st funding round 102 years after it was founded.

Where is Mitsubishielectric located?

Mitsubishielectric is headquartered in Chiyoda-ku, Japan. It is registered at 700/86 นิคมอุตสาหกรรมอมตะซิตี้ ชลบุรี, เทพรัตน, ดอนหัวฬ่อ, เมืองชลบุรี, ชลบุรี.

Who is the current CEO of Mitsubishielectric?

Kei Uruma of Mitsubishielectric.

How many employees does Mitsubishielectric have?

As of Sep 30, 2026, the latest employee count at Mitsubishielectric is 7214.

Is Mitsubishielectric a funded company?

Mitsubishielectric is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2023.

When was the latest funding round of Mitsubishielectric?

Mitsubishielectric's latest funding was a $***** Grant (prize money) round on Feb 19, 2023, with participation from 1 investor.

What is the annual revenue of Mitsubishielectric?

Annual revenue of Mitsubishielectric is more than ₹1,000 Cr as on Mar 31, 2026

Where does Mitsubishielectric rank among its competitors?

Mitsubishielectric ranks 4th amongst 3371 active competitors, of which 64 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Atomberg, which secured $24.1M in Oct, 2025.

Who are the top competitors of Mitsubishielectric?

Mitsubishielectric's top competitors include Siemens, Atomberg and Samsung. Among them, Atomberg secured the most recent funding round in October, 2025.

Mitsubishielectric - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of diverse electrical and electronic products, systems, and solutions. The company offers products such as automation systems, air conditioning, visual information systems, and power systems. It provides solutions for factory automation, automotive equipment, and building systems. The company also focuses on research and development in areas like information technology.

Website: www.mitsubishielectric.com/
Social
Phone Number: +81 **********
Registered Address: 700/86 นิคมอุตสาหกรรมอมตะซิตี้ ชลบุรี, เทพรัตน, ดอนหัวฬ่อ, เมืองชลบุรี, ชลบุรี

Key Metrics

Founded Year

1921

Location

Chiyoda-ku, Japan

Stage

Public

Latest Funding Round

Grant (prize money), Feb 19, 2023, $*****

Investors

Europa & 2 more

Ranked

4^th among 3371 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

7,214 as on Sep 30, 2026

Investment & Acquisitions

PLD Space & 51 more

Similar Companies

Siemens & 5524 more

Exit Details

Public

View Mitsubishielectric's full profile

Mitsubishielectric is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MITSUBISHI ELEVATOR ASIA CO., LTD. CIN: 0105534041471 , Thailand, Active	May 03, 1991	$100M - $500M (As on Dec 31, 2022)	-
MITSUBISHI ELECTRIC INDIA PRIVATE LIMITED CIN: U51909DL2010FTC227827 , India, Active	Sep 21, 2010	₹1,000+ Cr (As on Mar 31, 2026)	500 (As on Aug 31, 2025)

Mitsubishielectric got listed on May 16, 1949.

Click here to take a look at Mitsubishielectric's IPO in detail

Mitsubishielectric has raised funding over 2 rounds. Its first funding round was on Jan 01, 2023. Its latest funding round was a Grant (prize money) round on Feb 19, 2023 for $*****. 1 investor participated in its latest round. Mitsubishielectric has 3 institutional investors.

Here is the list of recent funding rounds of Mitsubishielectric:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 19, 2023	2368321	Grant (prize money)	2147105	4233612	1438437	9182633
Jan 01, 2023	2717021	Grant (prize money)	4335373	5518749	9797712	Europa

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Mitsubishielectric's employee count trend

Mitsubishielectric has 7,214 employees as of Sep 26. Here is Mitsubishielectric's employee count trend over the years:

Employee count trend for Mitsubishielectric

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Top competitors of Mitsubishielectric include Siemens, Atomberg and Samsung. Here is the list of Top 10 competitors of Mitsubishielectric, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Siemens 1847, Munich (Germany), Public	Provider of industrial automation, electrification, and digitalization technology solutions	-	Jindal Ventures, Bluefish Capital & 11 others	79/100
2nd	Atomberg 2012, Mumbai (India), Series C	Manufacturer of energy efficient ceiling fans kitchen appliances smart locks	$119M	Parampara Capital, A91 Partners & 25 others	77/100
3rd	Samsung 1938, Suwon-si (South Korea), Public	Manufacturer of multi category electronic products	-	Herald Investment Management, Chambiz & 9 others	76/100
4th	Mitsubishielectric 1921, Chiyoda-ku (Japan), Public	Manufacturer of diverse electrical and electronic products, systems, and solutions	-	Europa, Gov.cz & 1 others	76/100
5th	CG Power & Industrial Solutions 1937, Mumbai (India), Acquired	Manufacturer of Industrial and Consumer Electric Equipment	-	Yes Bank, L & T Finance Holdings & 6 others	76/100
6th	Parker 1917, Cleveland (United States), Acquired	Distributor of motion & control technologies	-	YFM Equity Partners, Huntington Ventures & 4 others	75/100
7th	Danfoss 1933, Nordborg (Denmark), Series C	Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy	$41.2M	Emerald Technology Ventures, LahiTapiola & 7 others	75/100
8th	ABB 1883, Zurich (Switzerland), Public	Provider of electrification and automation technologies for industrial applications	-	ngn-capital.com, GIC & 17 others	74/100
9th	Schneider Electric 1836, Rueil malmaison (France), Public	Provider of energy management, digital monitoring, protection, and automation services	-	ngn-capital.com, Temasek & 10 others	73/100
10th	Rockwell Automation 1903, Milwaukee (United States), Public	Provider of Industrial automation and information systems	-	IoT Evolution, OnRamp Insurance Conference	72/100

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MITSUBISHI ELECTRIC INDIA PRIVATE LIMITED, the legal entity associated with Mitsubishielectric, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of MITSUBISHI ELECTRIC INDIA PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 15% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	1771	5707	5772	4276	9810
Total Sales	7002	4307	5379	1267	9331
Total Expenses	9280	2510	7698	2904	6614
Operating Expenses	7171	6610	9501	6574	5049
Employee Expenses	9589	1934	3546	6214	2965
Marketing Expenses	8928	7558	4872	8647	6122
Operating Income (EBIT)	8214	4571	4613	6869	6909
Interest Expenses	2808	2780	9718	7212	2394
Expenses from other activities	2460	8226	6324	4436	9381
EBITDA	7895	1398	7308	9200	3030
Taxes	6754	7354	7429	5438	9951
Net Profit	3341	7578	2328	2317	3785
Balance Sheet
Assets	2242	7464	7471	1116	7401
Cash Equivalent	9311	7171	3810	6692	9598
Accounts Receivables	5621	7176	5553	8684	6864
Inventory	2128	4879	1512	4797	9181
Liabilities	5981	9483	7748	1235	1897
Total Debt	1994	6060	2516	8253	9355
Accounts Payable	6320	1133	3844	1348	5031
Equities	3481	1466	9742	9165	4711
Cashflow Statement
Cash from Operating activities	3949	6725	3248	6713	5729
Cash from Investing activities	7522	1520	8567	7879	5030
Net cash from Financing activities	5555	1964	4388	8486	2533

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Mitsubishielectric has made 34 investments in companies including PLD Space and Array Labs. Mitsubishielectric has also acquired 18 companies including Pcienergysolutions and MEDCOM.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 01, 2026	Investments	PLD Space	2011	Elche (Spain)
Aug 21, 2026	Acquisition	Pcienergysolutions	1992	Norman (United States)
Aug 07, 2026	Acquisition	MEDCOM	1988	Warsaw (Poland)

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Here is the latest report on Mitsubishielectric's sector:

Free

Household Durables - Sector Report

Edition: October, 2026 (70 Pages)

View all reports related to Mitsubishielectric

Media has covered Mitsubishielectric for a total of 164 events in the last 1 year, 74 of them have been about company updates and 22 about partnerships.