Mitsubishi Electric Corporation (MELCO) balance sheet

JPX · Industrials · Electrical Equipment & Parts · 150,000 employees · CEO Kei Uruma

Price: ¥4,740.00 +2.16%
Market cap: ¥9.7T
Enterprise value: ¥9.08T
Last report: Q2 '27 filed 2026-09-30
Next report: 2027-02-03 EPS est. ¥67.40

At the end of Q2 '27 Mitsubishi Electric Corporation (MELCO) held ¥956B in cash and short-term investments against ¥339B of debt incl. leases. Total assets ¥7.39T, total liabilities ¥2.55T, shareholders' equity ¥4.7T.

Balance sheet

Balance sheet	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26	Q1 '27	Q2 '27
Assets
Cash & equivalents	¥646B	¥765B	¥816B	¥755B	¥734B	¥757B	¥822B	¥863B	¥719B	¥732B	¥929B	¥956B
Receivables	¥1.24T	¥1.41T	¥1.23T	¥1.24T	¥1.33T	¥1.49T	¥1.32T	¥1.35T	¥1.46T	¥1.75T	¥1.58T	¥1.67T
Inventory	¥1.34T	¥1.25T	¥1.31T	¥1.26T	¥1.34T	¥1.24T	¥1.27T	¥1.27T	¥1.37T	¥1.26T	¥1.32T	¥1.3T
Other current assets	¥225B	¥198B	¥300B	¥312B	¥238B	¥255B	¥265B	¥254B	¥268B	¥279B	¥331B	¥326B
Current assets	¥3.45T	¥3.63T	¥3.66T	¥3.57T	¥3.64T	¥3.75T	¥3.68T	¥3.74T	¥3.82T	¥4.03T	¥4.17T	¥4.25T
Property, plant & equipment (net)	¥934B	¥963B	¥963B	¥958B	¥977B	¥958B	¥959B	¥1.02T	¥1.04T	¥1.08T	¥1.11T	¥1.13T
Long-term investments	¥716B	¥266B	¥609B	¥597B	¥642B	¥325B	¥620B	¥621B	¥628B	¥641B	¥648B	¥630B
Goodwill	¥0	¥99.4B	¥0	¥0	¥0	¥105B	¥0	¥0	¥0	¥0	¥0	¥0
Intangible assets	¥203B	¥112B	¥221B	¥216B	¥222B	¥117B	¥233B	¥240B	¥315B	¥475B	¥480B	¥0
Deferred tax assets	¥138B	¥114B	¥114B	¥108B	¥109B	¥113B	¥110B	¥129B	¥147B	¥117B	¥136B	¥143B
Other non-current assets	¥358B	¥988B	¥643B	¥646B	¥648B	¥1.01T	¥695B	¥701B	¥708B	¥1.02T	¥706B	¥709B
Non-current assets	¥2.35T	¥2.54T	¥2.55T	¥2.53T	¥2.6T	¥2.63T	¥2.62T	¥2.71T	¥2.84T	¥3.33T	¥3.08T	¥3.13T
Total assets	¥5.8T	¥6.17T	¥6.21T	¥6.09T	¥6.23T	¥6.38T	¥6.3T	¥6.44T	¥6.66T	¥7.36T	¥7.25T	¥7.39T
Liabilities
Accounts payable	¥560B	¥589B	¥560B	¥556B	¥575B	¥602B	¥566B	¥558B	¥558B	¥592B	¥583B	¥592B
Short-term debt	¥305B	¥152B	¥149B	¥150B	¥169B	¥121B	¥122B	¥105B	¥138B	¥152B	¥124B	¥126B
Taxes payable	¥27.8B	¥66.9B	¥37.8B	¥0	¥0	¥0	¥0	¥0	¥0	¥0	¥0	¥0
Deferred revenue	¥290B	¥306B	¥360B	¥324B	¥326B	¥331B	¥375B	¥354B	¥377B	¥413B	¥478B	¥452B
Other current liabilities	¥603B	¥725B	¥690B	¥683B	¥641B	¥751B	¥666B	¥740B	¥801B	¥1.03T	¥825B	¥824B
Current liabilities	¥1.79T	¥1.84T	¥1.8T	¥1.76T	¥1.75T	¥1.85T	¥1.77T	¥1.82T	¥1.92T	¥2.28T	¥2.09T	¥2.11T
Long-term debt	¥259B	¥243B	¥244B	¥233B	¥220B	¥240B	¥238B	¥234B	¥217B	¥211B	¥214B	¥213B
Lease obligations (non-current)	¥0	¥107B	¥0	¥0	¥0	¥102B	¥0	¥0	¥0	¥0	¥0	¥0
Deferred tax liabilities	¥13.1B	¥22.3B	¥26.3B	¥23.6B	¥23.7B	¥25.2B	¥25.9B	¥20.3B	¥16.9B	¥43.7B	¥35.4B	¥43.1B
Other non-current liabilities	¥204B	¥89.9B	¥196B	¥198B	¥202B	¥85.7B	¥190B	¥192B	¥201B	¥192B	¥187B	¥186B
Non-current liabilities	¥476B	¥462B	¥466B	¥455B	¥445B	¥452B	¥454B	¥447B	¥435B	¥446B	¥437B	¥443B
Total liabilities	¥2.26T	¥2.3T	¥2.26T	¥2.21T	¥2.19T	¥2.3T	¥2.22T	¥2.26T	¥2.36T	¥2.73T	¥2.53T	¥2.55T
Equity
Common stock & paid-in capital	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B
Retained earnings	¥2.74T	¥3.1T	¥3.04T	¥3.11T	¥3.2T	¥3.3T	¥3.34T	¥3.44T	¥3.5T	¥3.81T	¥3.87T	¥4.05T
Accumulated other comprehensive income	¥381B	¥364B	¥444B	¥348B	¥424B	¥354B	¥354B	¥394B	¥468B	¥483B	¥513B	¥449B
Shareholders' equity	¥3.4T	¥3.74T	¥3.81T	¥3.75T	¥3.91T	¥3.95T	¥3.95T	¥4.05T	¥4.16T	¥4.48T	¥4.57T	¥4.7T
Debt
Total debt (incl. leases)	¥564B	¥501B	¥393B	¥384B	¥389B	¥462B	¥361B	¥339B	¥355B	¥363B	¥338B	¥339B
Net debt (debt - cash)	-¥81.5B	-¥264B	-¥423B	-¥371B	-¥345B	-¥295B	-¥461B	-¥524B	-¥364B	-¥368B	-¥591B	-¥618B

Balance sheet	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Assets
Cash & equivalents	¥662B	¥599B	¥514B	¥538B	¥767B	¥727B	¥646B	¥765B	¥757B	¥732B
Receivables	¥1.04T	¥1.19T	¥1.23T	¥1.24T	¥1.18T	¥1.23T	¥1.35T	¥1.41T	¥1.49T	¥1.75T
Inventory	¥643B	¥742B	¥729B	¥694B	¥744B	¥960B	¥1.21T	¥1.25T	¥1.24T	¥1.26T
Other current assets	¥158B	¥146B	¥147B	¥153B	¥155B	¥171B	¥186B	¥198B	¥255B	¥279B
Current assets	¥2.62T	¥2.61T	¥2.62T	¥2.63T	¥2.85T	¥3.09T	¥3.39T	¥3.63T	¥3.75T	¥4.03T
Property, plant & equipment (net)	¥733B	¥740B	¥761B	¥854B	¥858B	¥856B	¥896B	¥963B	¥958B	¥1.08T
Long-term investments	¥548B	¥557B	¥502B	¥459B	¥559B	¥221B	¥237B	¥266B	¥325B	¥641B
Goodwill	¥59.9B	¥49.3B	¥47.7B	¥53.4B	¥61.1B	¥69.1B	¥90.7B	¥99.4B	¥105B	¥0
Intangible assets	¥82.9B	¥83.7B	¥89.9B	¥92.9B	¥92.4B	¥92.4B	¥99.9B	¥112B	¥117B	¥475B
Deferred tax assets	¥162B	¥243B	¥233B	¥250B	¥183B	¥160B	¥154B	¥114B	¥113B	¥117B
Other non-current assets	¥85.9B	¥65.5B	¥98.9B	¥72.6B	¥198B	¥619B	¥716B	¥988B	¥1.01T	¥1.02T
Non-current assets	¥1.56T	¥1.66T	¥1.73T	¥1.78T	¥1.95T	¥2.02T	¥2.19T	¥2.54T	¥2.63T	¥3.33T
Total assets	¥4.18T	¥4.26T	¥4.36T	¥4.41T	¥4.8T	¥5.11T	¥5.58T	¥6.17T	¥6.38T	¥7.36T
Liabilities
Accounts payable	¥780B	¥580B	¥560B	¥527B	¥542B	¥602B	¥644B	¥589B	¥602B	¥592B
Accrued expenses	¥3.46B	¥3.2B	¥0	¥0	¥0	¥0	¥0	¥0	¥0	¥0
Short-term debt	¥124B	¥123B	¥105B	¥133B	¥153B	¥173B	¥186B	¥152B	¥121B	¥152B
Taxes payable	¥26.3B	¥33.2B	¥24.3B	¥21.3B	¥31B	¥33.6B	¥46.6B	¥66.9B	¥0	¥0
Deferred revenue	¥0	¥154B	¥139B	¥148B	¥175B	¥188B	¥239B	¥306B	¥331B	¥413B
Other current liabilities	¥591B	¥595B	¥589B	¥573B	¥605B	¥650B	¥686B	¥725B	¥751B	¥1.03T
Current liabilities	¥1.53T	¥1.47T	¥1.42T	¥1.4T	¥1.51T	¥1.65T	¥1.8T	¥1.84T	¥1.85T	¥2.28T
Long-term debt	¥228B	¥173B	¥179B	¥244B	¥213B	¥156B	¥214B	¥243B	¥240B	¥211B
Lease obligations (non-current)	¥16.2B	¥14.3B	¥14.3B	¥65.3B	¥69.3B	¥65.3B	¥104B	¥107B	¥102B	¥0
Deferred tax liabilities	¥14.5B	¥9.14B	¥10.2B	¥10.2B	¥5.76B	¥4.77B	¥7.76B	¥22.3B	¥25.2B	¥43.7B
Other non-current liabilities	¥247B	¥224B	¥225B	¥149B	¥134B	¥138B	¥90B	¥89.9B	¥85.7B	¥192B
Non-current liabilities	¥514B	¥429B	¥429B	¥468B	¥422B	¥364B	¥416B	¥462B	¥452B	¥446B
Total liabilities	¥2.04T	¥1.9T	¥1.85T	¥1.87T	¥1.93T	¥2.01T	¥2.22T	¥2.3T	¥2.3T	¥2.73T
Equity
Common stock & paid-in capital	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B	¥176B
Retained earnings	¥68.5B	¥69.4B	¥1.96T	¥2.07T	¥2.27T	¥2.46T	¥2.64T	¥3.1T	¥3.3T	¥3.81T
Accumulated other comprehensive income	¥66.4B	¥109B	¥63.8B	-¥17.8B	¥112B	¥185B	¥277B	¥364B	¥354B	¥483B
Shareholders' equity	¥2.04T	¥2.26T	¥2.4T	¥2.43T	¥2.75T	¥2.98T	¥3.24T	¥3.74T	¥3.95T	¥4.48T
Debt
Total debt (incl. leases)	¥368B	¥310B	¥298B	¥442B	¥435B	¥395B	¥505B	¥501B	¥462B	¥363B
Net debt (debt - cash)	-¥294B	-¥289B	-¥216B	-¥95.3B	-¥333B	-¥332B	-¥141B	-¥264B	-¥295B	-¥368B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in JPY.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-02