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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mitsubishi Electric Corporation | LSE:MEL | London | Ordinary Share | JP3902400005 | COM STK Y50 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,886.8026 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMEL
RNS Number : 0229L
Mitsubishi Electric Corporation
28 December 2022
FOR IMMEDIATE RELEASE No. 3568 Media Inquiries Takeyoshi Komatsu Public Relations Division Mitsubishi Electric Corporation Tel: +81-3-3218-2346 prd.gnews@nk.MitsubishiElectric.co.jp www.MitsubishiElectric.com/news/
Mitsubishi Electric Announces Changes in Oversight and Structure
of Investor Relations and Shareholder Relations
TOKYO, December 27, 2022 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that responsibility for t he functions of investor relations (IR) and shareholder relations (SR) will be newly assigned to an Executive Officer, effective this coming January 1, pursuant to a resolution passed during a regular meeting of the Board of Directors on December 22. The company also announced a change in the company's IR and SR organizational structure, effective on the same date.
So far, IR and SR have been managed by the company's Corporate Finance Division and Corporate Administration Division, respectively, but these duties will now be consolidated under an Executive Officer. The purposes are to facilitate more comprehensive dialogue and information sharing with stakeholders in regard to these functions, and also to better reflect capital-market perspectives and opinions in the execution and oversight of IR and SR management.
In this regard, the company will establish a new division, the Corporate IR and SR Division, dedicated to dealing with IR and SR under the direct control of the CEO.
Change in IR and SR Responsibility (effective January 1, 2023)
New Current Name Title Duties Title Duties ----------------------------- --------- ---------------------------- Executive In charge of Auditing, Executive In charge of Auditing, Kunihiko Officer CSO (In charge of Corporate Officer CSO (In charge of Corporate Kaga Strategic Planning, Strategic Planning and IR and SR, and Operations Operations of Associated of Associated Companies), Companies), CTO (In CTO (In charge of Technology charge of Technology Strategies) Strategies) ----------------------------- --------- ---------------------------- --------
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About Mitsubishi Electric Corporation
With more than 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 4,476.7 billion yen (U.S.$36.7 billion*) in the fiscal year ended March 31, 2022. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of 122=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2022
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(END) Dow Jones Newswires
December 28, 2022 02:00 ET (07:00 GMT)
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