Mitsubishi Electric Corporation

TSE:6503 Stock Report

Market Cap: JP¥5.4t

Mitsubishi Electric Past Earnings Performance

Past criteria checks 4/6

Mitsubishi Electric has been growing earnings at an average annual rate of 6.1%, while the Electrical industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 5% per year. Mitsubishi Electric's return on equity is 7.8%, and it has net margins of 5.3%.

Key information

6.1%

Earnings growth rate

6.3%

EPS growth rate

Electrical Industry Growth6.6%
Revenue growth rate5.0%
Return on equity7.8%
Net Margin5.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mitsubishi Electric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:6503 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,363,040283,3611,272,5310
30 Jun 245,324,098276,2531,262,7680
31 Mar 245,257,914284,9491,237,2010
31 Dec 235,220,863260,6621,214,4690
30 Sep 235,202,598259,3111,197,0420
30 Jun 235,156,271238,2501,179,1220
31 Mar 235,003,694213,9081,147,9810
31 Dec 224,860,732194,3601,108,1200
30 Sep 224,677,948173,4711,075,6950
30 Jun 224,478,039175,1391,035,1960
31 Mar 224,476,758203,4821,013,6740
31 Dec 214,432,085233,8161,003,9430
30 Sep 214,427,786249,737985,9560
30 Jun 214,399,724237,082972,1930
31 Mar 214,191,433193,132953,6020
31 Dec 204,152,991169,905950,0480
30 Sep 204,182,005178,812966,7380
30 Jun 204,269,896196,942989,4240
31 Mar 204,462,509221,8341,017,0750
31 Dec 194,505,925227,5391,028,0810
30 Sep 194,532,343215,5731,035,7990
30 Jun 194,519,703221,8471,039,9840
31 Mar 194,519,921226,6481,043,2940
31 Dec 184,609,276237,5811,003,16851,667
30 Sep 184,553,927243,084869,904192,966
30 Jun 184,476,581251,7141,107,160-45,297
31 Mar 184,460,163271,880868,812192,966
31 Dec 174,406,565268,272867,722190,893
30 Sep 174,342,654253,275851,681188,705
30 Jun 174,317,188235,323840,755187,329
31 Mar 174,253,270210,493829,425184,964
31 Dec 164,249,858211,031823,210185,532
30 Sep 164,303,422223,911825,343185,154
30 Jun 164,332,990225,091832,212186,644
31 Mar 164,416,627228,494826,232187,032
31 Dec 154,431,388241,892829,027185,104
30 Sep 154,413,488229,765824,564182,873
30 Jun 154,400,833237,990810,377181,974
31 Mar 154,323,041234,694793,648179,628
31 Dec 144,325,185204,187784,968175,482
30 Sep 144,230,143202,983770,372173,025
30 Jun 144,145,023171,037754,662166,176
31 Mar 144,069,204153,473737,042163,765
31 Dec 133,804,870115,269704,342158,670

Quality Earnings: 6503 has high quality earnings.

Growing Profit Margin: 6503's current net profit margins (5.3%) are higher than last year (5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 6503's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: 6503's earnings growth over the past year (9.3%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: 6503 earnings growth over the past year (9.3%) did not outperform the Electrical industry 11.6%.

Return on Equity

High ROE: 6503's Return on Equity (7.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:18
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Mitsubishi Electric Corporation is covered by 33 analysts. 18 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
Mikio HirakawaBofA Global Research
Aaron HoCFRA Equity Research