Among the broad spectrum of electric and electronic businesses that Mitsubishi Electric Corp. is engaged in, the Energy & Industrial Systems Group is positioned as one of the more competitive departments, generating "nearly 10 percent of the company's total sales of ¥4 trillion," said Executive Officer Yasuyuki Ito, who serves as president of the group.
The group provides systems and products that play a vital role in electric power generation, transmission, distribution and retailing. On the product side, this includes generators, switches, transformers, switchgear and vacuum circuit breakers, while systems include plant monitoring, system stabilization and system preservation and control.
With the prospect of demand increases for electric power equipment due to the economic growth of developing countries and renewals well underway in developed countries, the group has established factories and sales bases around the world, including the U.S. subsidiary, Mitsubishi Electric Power Products, Inc.