Mitsubishi Electric Corp. (MIELY.PK) reported net income attributable to the company of 30.4 billion yen for the first quarter, a 12% increase from the same quarter a year ago.
Net sales for the three-month period decreased 4% to 782.7 billion yen from the priro-year quarter, mainly hurt by decreased revenue in the Industrial Automation Systems, Electronic Devices and Home Appliances segments, and other factors.
Going ahead, for the first half of fiscal 2013, the company still expects net income attributable to Mitsubishi Electric to be 45.0 billion yen and net sales to be 1.71 trillion yen.
For fiscal 2013, the company still expects net income attributable to Mitsubishi Electric to be 120.0 billion yen and net sales to be 3.74 trillion yen.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.