33505 ledlights.blog

Schneider Electric or Mitsubishi Electric Corporation?

Reading Time: 2 minutes
spotify badge ledlights.blog

A multinational French company, Schneider Electric SE (Societas Europaea) provides energy and automation digital solutions. The company is known for its efficiency and sustainability.

The target areas are homes, buildings, data centers, infrastructure, and industries. The service caters are energy technologies, real-time automation, software, and services.

A fortune Global 500 company and trading publicly on the Euronext Exchange. It is also issued in Europ Stoxx 50 Stock market index.  It is also a parent company of Square D and even APC.

The company is not focused only on service orient field but also on R&D for sustainable development. The company started its well-known and long-term service-oriented journey in 1836 as Schneider & Cie.

In 2021, Schneider Electric was ranked as the most sustainable company in the world by Corporate Knights.

Revenue of Schneider Electric corporation

Even with ups and downs in 2015 and 2016 in the revenue by Schneider Electric Corp., steady growth has been observed.

One of the well renowned Japanese multinational electronics and electrical equipment manufacturing companies. The company was established on 15 January 1921. The headquarter is in Tokyo, Japan.

MELCO or Mitsubishi Electric Corporation products include elevators and escalators, high-end home appliances, air conditioning systems, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.

The revenue for the Mitsubishi Electric Corp,

Revenue of Mitsubishi Electric Corporation

It clearly shows a drastic downfall in the revenue from 2019 onwards. In March 2021, the recorded revenue shows a 6% decrease from the previous fiscal year. It was recorded as low as 4,191.4 billion Yen.

Source:- Schneider Electric, Mitsubishi Electric Corp

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.