Mitsubishi Electric Group Establishes New Philosophy "Our Philosophy"

Mitsubishi Electric Corporation has established "Our Philosophy," a new philosophy that inherits the spirit of the corporate philosophy the Mitsubishi Electric Group has long cherished. While expanding a wide range of businesses globally, the Mitsubishi Electric Group aims to transform into an "innovative company" that creates value with new ideas without fear of risk, toward business growth and solving social and environmental issues. For further development in the future, more flexible and rapid judgment is required to respond to rapidly changing social trends and business environments. Therefore, we have established "Our Philosophy" as a foundation for every employee of the Mitsubishi Electric Group to rely on when they are unsure of a judgment or taking the next step, and defined its three components: "Purpose," "Guiding Principle," and "Core Values." Under "Our Philosophy," the Mitsubishi Electric Group will create future value with an insatiable spirit of inquiry and surprising technology.

About the Mitsubishi Electric Group: Under "Our Philosophy," the Mitsubishi Electric Group places sustainability at the core of its management and values trust from stakeholders, including society, customers, shareholders, and employees. Furthermore, while pursuing "profitability," "capital efficiency," and "growth," we will create new value that solves social issues by continuing to connect with customers, aiming for the continuous improvement of corporate value. Since its founding in 1921, it has a history of over 100 years and operates businesses such as social systems, energy systems, defense/space systems, FA systems, automotive equipment, building systems, air conditioning/home appliances, digital innovation, and semiconductors/devices. With over 200 group companies and approximately 150,000 employees worldwide, consolidated net sales for fiscal 2024 were 5,521.7 billion yen.

Customer Inquiries: Mitsubishi Electric Corporation, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-8310. https://www.MitsubishiElectric.co.jp/contact/ssl/php/231/kiyaku.php?fid=231