6503.T Mitsubishi Electric Corporation Loading... : Bullish and Bearish Analyst Opinions

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04:34
Jul 20
Kei Uruma CEO, Mitsubishi Electric Bloomberg Markets
Merger and defense exports boost Mitsubishi.
Mitsubishi Electric is merging with Toshiba and Rohm to consolidate three of the world's top power chip suppliers, eliminating wasted development resources and allowing the combined company to compete globally. Additionally, Japan's lifting of defense export bans will significantly boost its defense and space business, with revenue targeted to double to ¥800 billion by 2030.
6503.T 1ST
HIGH

About 6503.T Analyst Coverage

Buzzberg tracks 6503.T (Mitsubishi Electric Corporation) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Past 7 days: 1 bullish. Latest voices: Kei Uruma.