Industry | 2010.03.23
Mitsubishi Electric Revises Earnings Forecast for Fiscal 2010 (April 1, 2009-March 31, 2010)
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has revised its earnings forecast for the current fiscal year ending March 31, 2010 (fiscal 2010). Although Japan still sees low capital expenditures and building construction, the global market, mainly in Asia, has experienced effects exceeding previous expectations from increasing demand in capital expenditures and stimulus packages by various countries. Under these conditions, sales in the Industrial
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