Mitsubishi Electric Group Establishes New Philosophy "Our Philosophy"

Mitsubishi Electric Corporation has established a new philosophy, "Our Philosophy," which inherits the spirit of the corporate philosophy that the Mitsubishi Electric Group has cherished to date. The Mitsubishi Electric Group aims to transform into an "Innovative Company" that creates value with new ideas, unafraid of risks, while developing a wide range of businesses globally, to achieve business growth and solve social and environmental issues. To achieve further development in the future, it is necessary to make more flexible and swift decisions to respond to rapidly changing social trends and business environments. Therefore, the Mitsubishi Electric Group has established a new philosophy, "Our Philosophy," to serve as a guide for each employee when they are unsure of their next step. This philosophy consists of three components: "Purpose," "Guiding Principle," and "Core Values." Under "Our Philosophy," the Mitsubishi Electric Group will continue to create future value with insatiable curiosity and astonishing technology. ■ About Mitsubishi Electric Group Under "Our Philosophy," the Mitsubishi Electric Group places sustainability at the core of its management and values the trust of stakeholders, including society, customers, shareholders, and employees. We also pursue "profitability," "capital efficiency," and "growth," while continuously connecting with customers to create new value that solves social issues, aiming for the sustainable improvement of corporate value. Since its founding in 1921, the company has a history of over 100 years, operating businesses such as social systems, energy systems, defense and space systems, FA systems, automotive equipment, building systems, air conditioning and home appliances, digital innovation, and semiconductors and devices. It has over 200 group companies and approximately 150,000 employees worldwide, with consolidated net sales of 5,521.7 billion yen in fiscal year 2024. For more details, please visit the official website. Mitsubishi Electric Corporation 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-8310, Japan https://www.MitsubishiElectric.co.jp/contact/ssl/php/231/kiyaku.php?fid=231