MELCO was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company.[5][6]
MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005.[7]
The company acquired Nihon Kentetsu, a Japanese home appliance manufacturer, in 2005.[8]
In early 2020, MELCO was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.[11]
In 2023, MELCO announced its plans to spend 100 billion yen to build a new semiconductor factory in Kumamoto Prefecture, with a target date of April 2026 to begin production.[12]
Mobile phones, from 1999 to 2008. Created for NTT Docomo. MELCO quit the mobile phone business in Apr 2008 after decrease in shipments. They estimated a temporary loss of 17 billion Yen in income before income taxes.[18]
Direct-view CRT televisions and monitors, including Diamond Views and Diamondtrons, from 1953[19] until 2001. The last notable size in this field was a 40" (diagonal) tube size.
LCD TVs, until 2008.
DLP High Definition TVs, until December, 2012. MELCO then focused on professional and home theater DLP projection applications, and is no longer manufacturing televisions for the consumer market.
With you today and tomorrow (今日もあなたと共に, 1962–1968, in Japan only)
Advanced and ever advancing Mitsubishi Electric (未来を開発する三菱電機, 1968–1985 in Japan, 1968–2001 outside Japan)
SOCIO-TECH: enhancing lifestyles through technology (技術がつくる高度なふれあい SOCIO-TECH, 1985–2001 in Japan. The "Blue MITSUBISHI" logo was introduced for use in Japan.)
Changes for the Better (since 2001)[32]
Sports
Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins. Mitsubishi continues to sponsor the team.
Mitsubishi Electric signed a title sponsorship deal with the AFF Championship (renaming the competition as the AFF Mitsubishi Electric Cup) from the 2022 edition onwards.[33]
^ a b c d e"Mitsubishi Electric Annual Report 2022" (PDF). Mitsubishi Electric. Retrieved April 6, 2023.
^"MITSUBISHI ELECTRIC About us - At-a-Glance". Retrieved 2022-10-11.
^Corporation, Mitsubishi Electric. "Products & solutions". MITSUBISHI ELECTRIC Global Website. Retrieved 2020-07-23.
^ a b"Mitsubishi heavy industries vs Mitsubishi electric". Arlington Air Conditioning Services. 17 August 2020. Retrieved 2020-10-07.
^ a b"Mitsubishi Heavy vs. Mitsubishi Electric: Comparison Review". www.oasis-aircon.com. Retrieved 2020-07-23.
^Pollack, Andrew (1993-09-22). "BUSINESS TECHNOLOGY; Fastest, Maybe Smoothest, Trip Up". The New York Times. ISSN 0362-4331. Retrieved 2020-07-23.
^"Mitsubishi Electric Announces Conclusion of a Share Exchange Agreement with Nihon Kentetsu Co., Ltd". www.businesswire.com. 2005-07-04. Retrieved 2020-07-23.
^"Mitsubishi Electric Enters into Agreement to Acquire Majority Interest in DeLclima" (PDF). Mitsubishi Electric. 2015-08-25. Archived (PDF) from the original on 2016-03-27.
^"Climaveneta S.p.A. and RC Group S.p.A. to Merge and Begin Doing Business as Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. on January 1". Mitsubishi Electric. 2016-12-16.
^"Mitsubishi Electric hack began in China in March 2019, defense contractor says". The Japan Times. 2020-02-13. Retrieved 2020-08-10.
^"Mitsubishi Electric to build 100 bil. yen chip factory in Kumamoto Pref". Mainichi Daily News. 2023-03-15.
^"PCT Yearly Review 2024" (PDF). p. 39.
^"Mitsubishi Makes A $415 Toaster For Extreme Bread Enthusiasts". Gizmodo Australia. 2020-03-12. Retrieved 2020-07-23.
^"Mitsubishi Jet Towl Website".
^"Mitsubishi Electric to launch collaborative robots". Robotics & Automation News. 2018-01-02. Retrieved 2020-07-23.
^Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules[usurped]
^Troaca, Florin (2008-03-03). "No More Mitsubishi Mobile Phones". Softpedia. Archived from the original on 2016-05-20. Retrieved 2014-12-10.