Express News | Mitsubishi Electric Hydronics & It Cooling Systems and Bitzer Kühlmaschinenbau to Establish Joint Venture for Hvac Compressor Development

Breakingsjust now

Market Chatter: Japan's Early Retirement Programs Hit Four-Year High

MT Newswires08:52

Rating Information (Target Price Revision - Part 2) = Fast Retailing, Toyo Seikan, etc.

Morgan Stanley MUFG Securities (3-tier rating system: Overweight > Equal-weight > Underweight) - Fast Retailing: Maintained at "Overweight", target price raised from 58,000 yen to 60,000 yen; KOKUSAI: Maintained at "Equal-weight", target price raised from 3,600 yen to 4,000 yen; Seino HD: Maintained at "Equal-weight", target price revised from 2,580 yen to 2,530 yen.

Kabushiki ShimbunNov 13 08:56

Mitsubishi Electric to transfer its three-phase motor and IPM motor businesses to Ebara.

Mitsubishi Electric <6503.T> announced on the 12th that it will transfer its three-phase motor and IPM (Interior Permanent Magnet) motor business manufactured at the Shinshiro Plant of Nagoya Works (located in Shinshiro City, Aichi Prefecture), which develops and produces FA control equipment, as well as the industrial motor, pump, and die-cast business operated by its Thai subsidiary Mitsubishi Electric Automation (Thailand), to Ebara <6361.T>. Through this business transfer, the company aims to strengthen its focus on FA.

Kabushiki ShimbunNov 13 07:39

Ebara, Mitsubishi Electric Plan to Complete Transfer of Assets, Rights, Obligations During 2026 >6503.TO

Dow JonesNov 12 17:08

Ebara to Acquire Production Facilities in Japan and Thailand for Motors, Components of Industrial Machinery >6503.TO

Dow JonesNov 12 17:08