Mitsubishi Electric Factory Automation Company Profile: History, Financials, Products and Stock
Updated: 7 days ago
Factory Automation Systems is one of the largest businesses of Mitsubishi Electric Corporation, with revenue of JPY 798.2 billion and operating profit of JPY 76.6 billion in the fiscal year to March 2026. It supplies controllers, drives, power distribution and control equipment, and industrial mechatronics, including industrial and collaborative robots. This profile sets out the group's history and structure, the financial performance of the FA business, its product areas, leadership and share data.
Mitsubishi Electric Factory Automation at a Glance
Fact | Detail |
Business | Factory Automation Systems, part of the Industry and Mobility segment of Mitsubishi Electric Corporation |
Parent established | January 15, 1921 |
Head office | Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, Japan |
FA Systems revenue | JPY 798.2 billion in the year to March 31, 2026 |
FA Systems operating profit | JPY 76.6 billion, a margin of 9.6% |
Group revenue | JPY 5,894.7 billion |
Group employees | 150,386 at March 31, 2026 |
Stock listing | Tokyo Stock Exchange: 6503 |
Market capitalization | About USD 66.5 billion in October 2026 |
President and CEO | Kei Uruma |
Company History
Mitsubishi Electric was established on January 15, 1921, when the electrical machinery business of Mitsubishi Shipbuilding, today Mitsubishi Heavy Industries, was spun off from its Kobe shipyard. From electric motors for ships it grew into a broad electrical and electronics group. Its businesses today span energy and electric systems, building systems, factory automation, automotive equipment, electronic devices, air conditioning and home appliances, information and communication systems, and space systems.
The group has reshaped its portfolio repeatedly. It left the mobile phone business in 2008, ended LCD television production in 2024, acquired the Italian air conditioning company DeLclima in 2015, and in 2023 announced a JPY 100 billion chip factory in Kumamoto Prefecture. Factory automation has remained a core business throughout.
Corporate Structure
Factory Automation Systems is reported inside the Industry and Mobility segment, together with Automotive Equipment.
Business, year to March 2026 | Revenue | Operating profit |
Industry and Mobility segment | JPY 1,673.8 billion | JPY 131.0 billion |
Factory Automation Systems | JPY 798.2 billion | JPY 76.6 billion |
Automotive Equipment | JPY 875.6 billion | JPY 54.4 billion |
Factory automation is now the more profitable half of the segment. Automotive Equipment revenue fell by JPY 43.5 billion, because of lower sales to Japanese carmakers in China and a downsized car multimedia business in North America, and the company is restructuring that portfolio.
Financial Performance of the FA Business
Item | Year to March 2026 | Change | Forecast, year to March 2027 |
Revenue | JPY 798.2 billion | +JPY 72.6 billion | JPY 865.0 billion |
Operating profit | JPY 76.6 billion | +JPY 29.8 billion | JPY 102.0 billion (adjusted) |
Operating margin | 9.6% | +3.2 points | 11.8% |
Orders for FA Systems grew in every quarter of the fiscal year: by 23%, 15%, 17% and 30% compared with the same quarters a year earlier. The company attributes the growth to capital expenditure related to smartphones and industrial machinery in China and to AI-related semiconductor investment in Japan and China. Profit rose on higher revenue and better product prices.
For the group as a whole, revenue rose 7% to JPY 5,894.7 billion and operating profit rose 11% to JPY 433.0 billion, after a charge of JPY 105.3 billion for an employee support program called Next-Stage. Net profit attributable to stockholders rose 26% to JPY 407.7 billion. The group forecasts revenue of JPY 6,200.0 billion for the year to March 2027.
Product Areas
Mitsubishi Electric presents its FA business under the slogan Automating the World and groups its products into four areas:
Area | Products |
Controllers | Programmable controllers and related control equipment |
Drive control devices | AC servo systems and inverters |
Power distribution control equipment | Low-voltage distribution and control products |
Industrial mechatronics | Industrial and collaborative robots and processing machines |
The company names four core competencies: leading-edge development and production, an extensive product line-up, integrated solutions and a global service network. It also promotes automation as an answer to decarbonization and labor shortages, maintains a vulnerability information service for the security of its FA products, and runs an education program for young engineers.
Mitsubishi Electric product reviews on All Things Cobots
Leadership
Name | Role |
Kei Uruma | President and CEO, since July 28, 2021 |
Mitoji Yabunaka | Chairman |
Stock Information
Item | Detail |
Listing | Tokyo Stock Exchange: 6503; also listed in London |
Market capitalization | About USD 66.5 billion in October 2026 |
Share price | Equivalent to about USD 32.5 |
One-year change | Up about 22% |
Shares issued | 2,113 million |
Note: share prices are indicative figures as of early October 2026 and change daily. This section is general information, not investment advice.
Strengths and Challenges
Strengths
Scale: nearly JPY 800 billion of factory automation revenue.
Four consecutive quarters of order growth.
A rising margin, forecast to reach 11.8%.
A complete range from controllers and drives to robots.
Challenges
Dependence on capital spending in China and on smartphone and semiconductor cycles.
A robot business that is smaller than those of dedicated robot makers.
A wider group still restructuring its automotive equipment business.
Outlook
Mitsubishi Electric forecasts FA Systems revenue of JPY 865.0 billion and adjusted operating profit of JPY 102.0 billion for the year to March 2027, attributing the growth to expansion of the business. Demand tied to AI-related semiconductor investment is the main driver named by the company.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 31 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Mitsubishi Electric Factory Automation FAQ
Is Mitsubishi Electric Factory Automation a separate company?
No. It is the Factory Automation Systems business of Mitsubishi Electric Corporation, reported within the Industry and Mobility segment.
Is Mitsubishi Electric publicly traded?
Yes, on the Tokyo Stock Exchange under the code 6503.
How big is Mitsubishi Electric's factory automation business?
FA Systems revenue was JPY 798.2 billion and operating profit JPY 76.6 billion in the year to March 2026.
When was Mitsubishi Electric founded?
On January 15, 1921.
What does the FA business make?
Controllers, drive control devices such as servo systems and inverters, power distribution control equipment, and industrial mechatronics including industrial and collaborative robots.
Who is the CEO of Mitsubishi Electric?
Kei Uruma has been President and CEO since July 2021.
Sources
Mitsubishi Electric: corporate data
Mitsubishi Electric: consolidated financial results for fiscal 2026
Mitsubishi Electric Factory Automation: about us
Wikipedia: Mitsubishi Electric
