Breaking News, Latest News, World News, India News, Cricket, Videos & Photos

Mitsubishi Electric to Apply for Listing on Tokyo Stock Exchange’s New Prime Market

TOKYO–()–Mitsubishi Electric Corporation (TOKYO:6503) announced that following approval by its board of directors today, the company has formally decided to apply for listing on the new Prime Market of the Tokyo Stock Exchange (TSE). The TSE is transitioning to three new market segments, scheduled for implementation next April.

Mitsubishi Electric was notified by the TSE on July 9 that the company fulfills the requirements for listing on the Prime Market.

Going forward, Mitsubishi Electric will proceed with carrying out the application procedures set by the TSE.

About Mitsubishi Electric Corporation

With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company recorded a revenue of 4,191.4 billion yen (U.S.$ 37.8 billion*) in the fiscal year ended March 31, 2021. For more information, please visit

*U.S. dollar amounts are translated from yen at the rate of ¥111=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2021

Source link

The content is by Business Wire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept

Privacy & Cookies Policy