Mitsubishi Electric
One of the world's largest companies, Mitsubishi Electric Corporation (Mitsubishi Electric) has $40 billion in annual sales and $2.7 billion in operating profits in 2007, and more than 100,000 employees around the world.
Mitsubishi Electric is composed of a wide range of operations. The primary business units are listed below.
Together, these ten business units produce most of Mitsubishi Electric's revenue. Due to the wide applicability of MERL's research, MERL works with them all.
It is worthy of note that there are over 30 major independent companies in the world that use the word "Mitsubishi" in their names. These companies include Mitsubishi UFJ Financial Group, Mitsubishi Corporation, Mitsubishi Heavy Industries, Mitsubishi Chemical Holdings and Mitsubishi Motors, all of which are also among the world's largest companies. They have shared roots in 19th century Japan; however, they have been separate for many years and Mitsubishi Electric has been separate from all of them since its founding in 1921.
Mitsubishi Electric's US Operations
A significant part of Mitsubishi Electric's sales are in North America and many of Mitsubishi Electric's business units have North American subsidiaries. MERL seeks to work directly with these subsidiaries, particularly when they have substantial local design and manufacturing as well as sales. The largest US operations are listed below.
Mitsubishi Electric Corporate R&D
Mitsubishi Electric has a global R&D network comprising five laboratories. The chart below summarizes the primary activities of these labs. MERL collaborates with all these labs.