TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 30 million yen (approximately US$200,000) to aid victims of earthquakes that struck Noto Peninsula in Japan. The donation will be made through the Japanese Red Cross Society.
The company also plans to make additional donations through Mitsubishi Electric SOCIO-ROOTS Fund, a gift-matching program which matches and doubles donations from employees.
The Mitsubishi Electric Group expresses its deepest sympathies to all those affected by the disaster and extends its very sincerest wishes for a speedy recovery.
About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company recorded a revenue of 5,003.6 billion yen (U.S.$ 37.3 billion*) in the fiscal year ended March 31, 2023. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of ¥134=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2023
