Mitsubishi Electric's research and development costs FY 2014-2023
In the fiscal year 2022, Mitsubishi Electric Corporation spent around 212.3 billion Japanese yen on research and development (R&D). Being part of the Mitsubishi conglomerate, 1921-established Mitsubishi Electric Corporation is one of the leading Japanese electronics manufacturers, including energy systems, industrial automation, information and communication technology, electronic devices, and home appliances.