M’bishi Electric to Set Aside 1 T. Yen for M&A

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Economy
Technology

May 28, 2025 16:37 (JST)

Tokyo, May 28 (Jiji Press)–Mitsubishi Electric Corp. said Wednesday that it will invest up to 1 trillion yen in mergers and acquisitions under its three-year growth strategy through March 2028.

The major Japanese manufacture is particularly focusing on M&A deals to strengthen promising artificial intelligence and digital operations, such as data collection and operational optimization, as well as defense systems and other existing globally competitive businesses, it said in an investor road show.

The company also aims to create inter-business synergies through investments in the energy management sector.

Meanwhile, the new business plan stipulates termination of unprofitable projects with annual sales of over 800 billion yen, notably in the factory automation, vehicle equipment and infrastructure sectors.

In addition, Mitsubishi Electric President and CEO Kei Uruma underscored the importance of reducing indirect businesses and optimizing manpower in the group.

[Copyright The Jiji Press, Ltd.]

Jiji Press

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