TOKYO – WEBWIRE – Friday, March 11, 2022
Mitsubishi Electric Corporation (TOKYO: 6503) announced a donation to support humanitarian relief efforts in Ukraine.
The company would like to express its sincere condolences to those who have been affected by the situation in Ukraine, and it hopes for a return to peace in the region as soon as possible.
Mitsubishi Electric has donated 1 million Euro (around 127 million Yen) to UNHCR, the UN Refugee Agency to extend humanitarian relief efforts towards those affected. The company also plans to make additional donations through Mitsubishi Electric SOCIO-ROOTS Fund, a gift-matching program which matches and doubles donations from employees.
Due to the current logistics and finance situation, Mitsubishi Electric has suspended its shipments to Russia and is facing difficulties to continue its sales.
About Mitsubishi Electric Corporation
With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its Changes for the Better. The company recorded a revenue of 4,191.4 billion yen (U.S.$ 37.8 billion*) in the fiscal year ended March 31, 2021. For more information, please visit www.MitsubishiElectric.com *U.S. dollar amounts are translated from yen at the rate of ¥111=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2021
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