At a Glance

Energy and Electric Industrial Automation Information and Electronic Devices Home Appliances Others Systems Systems Communication Systems Revenue Revenue Revenue Revenue Revenue Revenue

Yen (billions) Yen (billions) Yen (billions) Yen (billions) Yen (billions) Yen (billions) 1,467 1,500 1,500 1,444 1,444 1,500 1,500 1,500 1,500 1,296 1,307 1,310 1,349 1,227 1,241 1,253 1,270 1,248 1,200 1,200 1,200 1,200 1,200 1,074 1,090 1,200 1,004 1,049 1,049 1,038 900 900 900 900 900 900 764 713 676 659 659 603 600 600 600 600 600 600 447 436 438 426 455 380 300 300 300 300 186 202 202 199 208 205 300 300

0 0 0 0 0 0 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 (Years ended March 31) (Years ended March 31) (Years ended March 31) (Years ended March 31) (Years ended March 31) (Years ended March 31) U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS

Operating profit Operating profit Operating profit Operating profit Operating profit Operating profit

Yen (billions) Yen (billions) Yen (billions) Yen (billions) Yen (billions) Yen (billions) 200 200 190 187 200 200 200 200

160 160 140 142 160 160 160 160 120 108 120 120 120 120 120 82 82 78 75 80 65 80 68 80 80 80 69 80 51 56 55 59 44 40 40 40 40 26 40 40 40 23 23 24 24 26 12 11 11 12 16 14 14 13 8 1 8 6 0 0 0 0 0 0 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 17 18 18 19 20 21 (Years ended March 31) (Years ended March 31) (Years ended March 31) (Years ended March 31) (Years ended March 31) (Years ended March 31) U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS U.S. GAAP IFRS

MAIN PRODUCTS AND BUSINESS LINES MAIN PRODUCTS AND BUSINESS LINES MAIN PRODUCTS AND BUSINESS LINES MAIN PRODUCTS AND BUSINESS LINES MAIN PRODUCTS AND BUSINESS LINES MAIN PRODUCTS AND BUSINESS LINES Turbine generators, hydraulic turbine generators, Programmable logic controllers, inverters, servomo- Satellite communications equipment, satellites, radar Power modules, high-frequency devices, optical Room air conditioners, package air conditioners, Procurement, logistics, real estate, advertising, nuclear power plant equipment, motors, transformers, tors, human-machine interface, motors, hoists, mag- equipment, antennas, missile systems, fire control devices, LCD devices, and others chillers, showcases, compressors, refrigeration finance, and other services power equipment, circuit breakers, gas netic switches, no-fuse circuit breakers, short circuit systems, broadcasting equipment, network units, air-to-water heat pump boilers, ventilators, insulated switchgears, switch control devices, surveil- breakers, transformers for electricity distribution, time security systems, information systems equipment, hot water supply systems, IH cooking heaters, lance-system control and security systems, transmis- and power meters, uninterruptible power supply, systems integration, and others sion and distribution ICT systems, large display industrial fans, computerized numerical controllers, LED bulbs, indoor lighting, LCD , devices, electrical equipment for locomotives and electrical discharge machines, laser processing refrigerators, electric fans, dehumidifiers, air rolling stock, wireless and wired communications machines, industrial robots, clutches, automotive purifiers, vacuum cleaners, jar rice cookers, systems, network systems, elevators, escala- electrical equipment, electric powertrain system, car microwave ovens, and others tors, building security systems, building management electronics and car mechatronics, car multimedia, systems, and others and others

Fiscal 2021 Topics

Mitsubishi Electric's Nagoya Works in Nagoya, Aichi Prefecture acquired buildings and land from Sharp Mitsubishi Electric began its elevator and escalator business in Mitsubishi Electric became the first in the world* to develop a In the Product and Business Model Category of the 2020 Mitsubishi Electric has devel- has begun a demonstration test of a local 5G system licensed Fukuyama Semiconductor Co., Ltd., a wholly owned subsidiary 1935, and achieved its 500,000 units in in September highly efficient synchronous reluctance motor with the world's Energy Conservation Grand Prize awards hosted by the Energy oped an autonomous delivery by Japan's Ministry of Internal Affairs and Communications of Sharp Corporation located in Fukuyama in Hiroshima 2020. Shipments in China, which began in 1987, reached one largest level of output for railway vehicles, and inverter control Conservation Center, Japan, the Eco Cute P Series for house- robot for multi-purpose featur- (MIC), aiming for the creation of new businesses and services. Prefecture, Japan. The acquired properties will serve as a new million units in November 2020. technology that achieves variable control for this motor. hold use received Director General Prize of Agency of Natural ing robots with autonomous site where Mitsubishi * As of November 26, 2020, according to a survey by Mitsubishi Electric Resources and Energy The Lossnay® movement that can cater to Electric's Power energy recovery ventilator for com- many use cases using a Device Works will pro- mercial use and the Zubakan clothes detachable cart. cess wafers for the drier and dehumidifier received manufacture of power Chairman Prize of ECCJ (The Energy semiconductors. Conservation Center, Japan). 2020 2021

Mitsubishi Electric has developed IoT Suite under ClariSense Brand. Mitsubishi Electric has delivered a large four-sided center hung Mitsubishi Electric became the first Japanese company to be offi- CDP, an international non-governmental organization, has given On the occasion of its 100th anniversary this February 1, Our subsidiary, Mitsubishi Elevator (Thailand) Co., Ltd. has It centralizes development and expansion of IoT-related knowledge Diamond VisionTM LED screen in the arena at Yokohama cially qualified as a supplier of communications-based train con- Mitsubishi Electric its highest A List rankings for climate-change Mitsubishi Electric has revised its corporate philosophy system secured an order from One Bangkok, Thailand's largest complex and technical assets for fast creation of customer value. Budokan (located trol (CBTC) systems for the Metropolitan Transportation Authority's (for the fourth time; last selected two years ago) and water activi- to update the Group's reason for existence as well as the core facility. The order consists of 250 elevators, including 12 dou- in Yokohama, (MTA) New York City Transit (NYCT) after successfully testing and ties (for the fifth year running). Mitsubishi Electric was also select- values and attitude that all employees are asked to embrace ble-deck elevators, the Kanagawa verifying the ed for the Supplier Engagement Leaderboard, the highest ranking and cherish serving customers and society as a whole. first of their kind in Prefecture, Japan). interoperability of in the CDP Supplier Engagement program operated by CDP. Thailand, one 540 m/s the company's elevator, the fastest in solution with Thailand, and 28 NYCT's existing escalators, for a total CBTC systems. of 278 units.

14 MITSUBISHI ELECTRIC CORPORATION ANNUAL REPORT 2021 MITSUBISHI ELECTRIC CORPORATION ANNUAL REPORT 2021 15