Below is an extract from the message addressed to all employees at the start of the new year by Kei Uruma, President and CEO of Mitsubishi Electric.
1. Looking back at 2025
Happy New Year! I hope everyone was able to welcome the new year with a fresh mindset.
I would like to take this opportunity at the start of the new year to share my thoughts with you.
The environment surrounding the Mitsubishi Electric Group is changing rapidly. Since last year, there has been a persistent sense of uncertainty regarding the societies and economies of certain countries and regions, due to factors such as the impact of U.S. trade policy. Against this backdrop, the Group is working to improve profitability and capital efficiency in order to build a resilient management structure that is less susceptible to the effects of environmental changes.
We expect significant revenues for fiscal year 2026 according to forecasts, and for this I would like to express my sincere gratitude to everyone for your hard work. Meanwhile, our current positive performance is partly due to the favorable impact of exchange rates, and we cannot yet say that our capabilities in terms of profitability and capital efficiency have been fully demonstrated.
2. Towards 2026 and beyond
Although I constantly encourage everyone to take on new challenges, it is certainly difficult to undertake something that is not an extension of what we have done before. There is still a gap between headquarters and our branch offices, and the problem remains that information and policies are not fully communicated to the front lines in design and development.
The Corporate Culture Transformation Division—established last spring within the Sustainability Innovation Group—is taking the lead in strengthening collaboration within the Group.
At the same time, I look forward to everyone taking the initiative in transforming and strengthening collaboration within the Group by breaking down barriers between companies and departments. We will establish a structure in which the entire Group will come together to meet customer needs and create services and solutions with new ideas to achieve our transformation into an innovative company.
Another management measure we will focus on is Group-level projects that cannot be carried out by individual companies. For example, in February 2025, we signed a memorandum of understanding (MOU) with CP Group in Thailand (Charoen Pokphand Group Co., Ltd.) for comprehensive, 360-degree collaboration.
We are leveraging our expertise in products, technologies, and data utilization to implement energy savings in CP Group’s supermarkets, as well as to automate and improve the efficiency of its food factories. By leveraging the collective strength of the Group to directly approach these global partners, we will shift from our previous business model focused on selling individual products to one that offers comprehensive solutions, thereby maximizing business opportunities.
At the same time, we will continue to implement structural reforms based on our portfolio strategy. We expect Group companies to proactively review relationships with affiliates, partners, and suppliers and optimize production and sales to achieve results.
3. For sustainable growth in the future
We will continue to invest to ensure the continued growth of our group in the future. The acquisition of Nozomi Networks, announced last year, aims to expand our business and create new solutions that utilize the condition monitoring data of various devices obtained through Nozomi’s technology. To strengthen these digital domains, in addition to investments in growth, we will continue to invest in strengthening existing businesses and creating synergies between them.
Furthermore, we will establish a structure capable of responding appropriately to advances in AI technology and working to apply it. For example, we will introduce AI agents that combine multiple AIs with different roles and use them in the most appropriate manner. Another example is the development of “Neuro-Physical AI” that combines physical AI that understands physical phenomena with our unique on-site expertise, with the aim of applying this AI to manufacturing technologies in the future.
Our market capitalization achieved excellent results in the second half of 2025. However, instead of being satisfied, we will aim to improve even further. I hope to work together with everyone to increase our corporate value so that we can become a reliable company that is highly valued by various stakeholders.
In conclusion, I would like to wish all of you, the employees of the Mitsubishi Electric Group, and your families a new year full of health and opportunities.