Promoting transformation into an “Innovative Company”

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has launched Mitsubishi Electric group’s new corporate philosophy, named Our Philosophy, to update the corporate spirit long upheld by the company and its global group.

Mitsubishi Electric aims to transform into an “Innovative Company” that generates value through bold thinking and a willingness to embrace risk while operating diverse global businesses to drive growth and address social and environmental challenges.

To achieve further growth amid rapidly changing social trends and business conditions, the company recognizes the need to make faster, more agile decisions than ever before. Accordingly, the new corporate philosophy provides employees with a touchstone when facing uncertainty in decision-making, as well as a guiding framework when taking new initiatives. Our Philosophy comprises three basic elements: “Purpose,” “Guiding Principle,” and “Core Values.”

With Our Philosophy as its foundation, Mitsubishi Electric is committed to creating new possibilities for a better tomorrow through bold vision and boundless innovation.

For the full text, please visit: www.MitsubishiElectric.com/news/

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