# Who are Mitsubishi Electric's customers? Who does Mitsubishi Electric earn revenue from?
Canonical: https://valuechain.wiki/mitsubishi-electric · Facet: customers · Updated: 2026-07-12T03:23:59.850807+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Mitsubishi Electric discloses no named confirmed revenue counterparties; 4 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 4 revenue edges, backed by 5 dated sources, 2 of them primary filings (as of 2026-07-12).

### 데이터센터·광통신 고객 (반도체&디바이스) (high)
- note: Semiconductor & Device FY2026 revenue ¥287.1B, operating profit ¥47.5B (16.6% margin, the group's highest). World-leading demand for datacenter optical-comms devices (EML etc.); power modules centered on rail and transmission. Kumamoto 8-inch SiC and Fukuoka power-device expansion.
- [mentions] Analyst consensus (15-16 analysts) (EN, research, published 2026-05-01) https://www.investing.com/equities/mitsubishi-electric-corp.-consensus-estimates: "Consensus Buy, median target ¥6,800 (latest ¥7,000, average ¥6,607; 15-16 analysts)."
- [confirms] Mitsubishi Electric (EN, filing, published 2026-04-28) https://www.mitsubishielectric.com/en/pr/2026/pdf/0428_co2.pdf: "Semiconductor & Device revenue ¥287.1B, operating profit ¥47.5B (16.6%)."
- [mentions] Nikkei xTECH (JA, news, published 2025-06-01) https://xtech.nikkei.com/atcl/nxt/news/18/14824/: "Rebalancing power/optical-device investment."
- [confirms] Mitsubishi Electric (JA, ir, published 2025-05-28) https://www.mitsubishielectric.co.jp/ja/pr/2025/pdf/0528-5.pdf: "World No.1 datacenter optical devices; SiC capacity expansion."

### 빌딩·공조·가전 소비자 (라이프) (high)
- note: Largest segment. FY2026 Life revenue ¥2,318.2B, operating profit ¥170.5B: Air-conditioning & home products ¥1,610.3B (recovery in Europe/Japan/US), Building Systems (elevators) ¥707.8B. Rising material prices trimmed the HVAC margin.
- [confirms] Mitsubishi Electric (EN, filing, published 2026-04-28) https://www.mitsubishielectric.com/en/pr/2026/pdf/0428_co1.pdf: "Record revenue/profit on Infrastructure and Life expansion."
- [confirms] Mitsubishi Electric (EN, filing, published 2026-04-28) https://www.mitsubishielectric.com/en/pr/2026/pdf/0428_co2.pdf: "Life revenue ¥2,318.2B, operating profit ¥170.5B."

### 일본 방위성·정부기관 (방산·우주) (high)
- note: Defense & Space Systems (Infrastructure) FY2026 revenue ¥421.4B, operating profit ¥40.5B; larger government defense budgets lifted both orders and revenue on large-scale defense projects. Defense drives FY2027 growth too.
- [confirms] Mitsubishi Electric (EN, filing, published 2026-04-28) https://www.mitsubishielectric.com/en/pr/2026/pdf/0428_co2.pdf: "Defense & Space revenue ¥421.4B, operating profit ¥40.5B on larger government defense budgets."

### 글로벌 제조업 (공장자동화) (high)
- note: Industry & Mobility segment. FA Systems FY2026 revenue ¥798.2B, operating profit ¥76.6B; orders and revenue rose on China/Japan AI-semiconductor and smartphone capex and industrial-machinery demand. Automotive Equipment ¥875.6B.
- [confirms] Mitsubishi Electric (EN, filing, published 2026-04-28) https://www.mitsubishielectric.com/en/pr/2026/pdf/0428_co2.pdf: "FA revenue ¥798.2B, operating profit ¥76.6B on AI-semi/smartphone capex."

Reverse side: https://valuechain.wiki/mitsubishi-electric/suppliers.md · Ripple: https://valuechain.wiki/mitsubishi-electric/ripple.md

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Full node: https://valuechain.wiki/mitsubishi-electric.md · JSON: https://valuechain.wiki/mitsubishi-electric.json