Mitsubishi Electric Corporation

LSE:MEL Stock Report

Market Cap: JP¥3.1t

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Mitsubishi Electric Management

Management criteria checks 1/4

Mitsubishi Electric's CEO is Kei Uruma, appointed in Jul 2021, has a tenure of 1.58 years. total yearly compensation is ¥135.00M, comprised of 39.3% salary and 60.7% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth ¥117.37M. The average tenure of the management team and the board of directors is 1.3 years and 2.2 years respectively.

Key information

Kei Uruma

Chief executive officer

JP¥135.0m

Total compensation

CEO salary percentage39.26%
CEO tenure1.6yrs
CEO ownership0.004%
Management average tenure1.3yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kei Uruma's remuneration changed compared to Mitsubishi Electric's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2022n/an/a

JP¥173b

Jun 30 2022n/an/a

JP¥175b

Mar 31 2022JP¥135mJP¥53m

JP¥203b

Dec 31 2021n/an/a

JP¥234b

Sep 30 2021n/an/a

JP¥250b

Jun 30 2021n/an/a

JP¥237b

Mar 31 2021JP¥99mJP¥40m

JP¥193b

Dec 31 2020n/an/a

JP¥170b

Sep 30 2020n/an/a

JP¥179b

Jun 30 2020n/an/a

JP¥197b

Mar 31 2020n/an/a

JP¥222b

Dec 31 2019n/an/a

JP¥228b

Sep 30 2019n/an/a

JP¥216b

Jun 30 2019n/an/a

JP¥222b

Mar 31 2019n/an/a

JP¥227b

Dec 31 2018n/an/a

JP¥238b

Sep 30 2018n/an/a

JP¥243b

Jun 30 2018n/an/a

JP¥252b

Mar 31 2018n/an/a

JP¥272b

Dec 31 2017n/an/a

JP¥268b

Sep 30 2017n/an/a

JP¥253b

Jun 30 2017n/an/a

JP¥235b

Mar 31 2017n/an/a

JP¥210b

Dec 31 2016n/an/a

JP¥211b

Sep 30 2016n/an/a

JP¥224b

Jun 30 2016n/an/a

JP¥225b

Mar 31 2016JP¥125mJP¥37m

JP¥228b

Compensation vs Market: Kei's total compensation ($USD1.05M) is below average for companies of similar size in the UK market ($USD5.55M).

Compensation vs Earnings: Kei's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Kei Uruma (63 yo)

1.6yrs
Tenure
JP¥135,000,000
Compensation

Mr. Kei Uruma had been President at Mitsubishi Electric Turkey A.S. since January 2013. Mr. Uruma has been Chief Executive Officer and President at Mitsubishi Electric Corp. since July 2021 and served as i...

Leadership Team

NamePositionTenureCompensationOwnership
Kei Uruma
Representative Executive Officer1.6yrsJP¥135.00m0.0038%
¥ 117.4m
Kuniaki Masuda
Executive Officer1.8yrsno data0.00050%
¥ 15.4m
Kunihiko Kaga
Executive Officer1.1yrsno data0.00058%
¥ 17.9m
Eiichiro Mitani
Exec. Off.1.8yrsno data0.00045%
¥ 13.9m
Yoji Saito
Executive Officer1.1yrsno data0.00071%
¥ 21.9m
Katsuya Furuta
Executive Officer1.1yrsno data0.00036%
¥ 11.1m
Tadashi Matsumoto
Representative Executive Officer & Senior VPno dataJP¥108.00m0.0017%
¥ 51.6m
Atsuhiro Yabu
Group President of Automotive Equipment & Executive Officer4.1yrsno data0.00092%
¥ 28.4m
Yoshihisa Hara
Executive Officer & Group President of Electronic Systems1.1yrsno data0.00086%
¥ 26.6m
Satoshi Kusakabe
Executive Officer & CROno datano data0.00069%
¥ 21.3m
Shozui Takeno
Executive Officer and VP of Corporate Total Productivity Management & Environmental Programs1.8yrsno data0.00054%
¥ 16.7m
Tomonori Sato
Executive Officer and VP of Corporate Research & Development1.1yrsno data0.00019%
¥ 5.9m
1.3yrs
Average Tenure
61.5yo
Average Age

Experienced Management: MEL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Kei Uruma
Representative Executive Officer2.7yrsJP¥135.00m0.0038%
¥ 117.4m
Kuniaki Masuda
Executive Officer1.7yrsno data0.00050%
¥ 15.4m
Kunihiko Kaga
Executive Officerless than a yearno data0.00058%
¥ 17.9m
Tatsuro Kosaka
Outside Independent Directorless than a yearno datano data
Kazunori Watanabe
Independent Outside Director7.7yrsno data0.00038%
¥ 11.7m
Takashi Oyamada
Independent Outside Director3.7yrsno data0.00028%
¥ 8.6m
Hiroyuki Yanagi
Outside Independent Directorless than a yearno datano data
Hiroshi Obayashi
Independent Outside Director9.7yrsno data0.00071%
¥ 21.9m
Mitoji Yabunaka
Independent Chairman of the Board of Directors10.7yrsno data0.00066%
¥ 20.4m
Hiroko Koide
Independent Outside Director6.7yrsno data0.00063%
¥ 19.5m
Jun Nagasawa
Directorless than a yearno data0.0019%
¥ 60.2m
Tadashi Kawagoishi
Directorless than a yearno data0.0018%
¥ 54.1m
2.2yrs
Average Tenure
66yo
Average Age

Experienced Board: MEL's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/03 06:09
End of Day Share Price 2023/02/01 00:00
Earnings2022/09/30
Annual Earnings2022/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mitsubishi Electric Corporation is covered by 32 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mikio HirakawaBofA Global Research
Aaron HoCFRA Equity Research
Yohei KanazawaCitigroup Global Markets Japan Inc.