M'bishi Electric to Set Aside 1 T. Yen for M&A
Tokyo, May 28 (Jiji Press)--Mitsubishi Electric Corp. said Wednesday that it will invest up to 1 trillion yen in mergers and acquisitions under its three-year growth strategy through March 2028.
The major Japanese manufacture is particularly focusing on M&A deals to strengthen promising artificial intelligence and digital operations, such as data collection and operational optimization, as well as defense systems and other existing globally competitive businesses, it said in an investor road show.
(2025/05/28-16:37)
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