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REG - Mitsubishi Elect. - Statement re (Listing TSE’s New Prime Market)

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RNS Number : 5724T  Mitsubishi Electric Corporation  25 November 2021

 

 

 

 FOR IMMEDIATE RELEASE                                 No. 3461

 Investor Relations Inquiries                          Media Inquiries
                                                       Takeyoshi Komatsu
 Investor Relations Group, Corporate Finance Division  Public Relations Division
 Mitsubishi Electric Corporation                       Mitsubishi Electric Corporation
                                                       Tel: +81-3-3218-2346
 Cad.Irg@rk.MitsubishiElectric.co.jp                   prd.gnews@nk.MitsubishiElectric.co.jp
 (mailto:Cad.Irg@rk.MitsubishiElectric.co.jp)          (mailto:prd.gnews@nk.MitsubishiElectric.co.jp)
                                                       www.MitsubishiElectric.com/news/

 

Mitsubishi Electric to Apply for Listing

on Tokyo Stock Exchange's New Prime Market

 

TOKYO, November 25, 2021 - Mitsubishi Electric Corporation
(http://www.mitsubishielectric.com/)  (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
www.MitsubishiElectric.com

*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

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