Strong business franchise in industrial automation systems in growing Asian markets Leading position in space and defense, air conditioners, elevators and escalators, and energy and electric systems in Japan Well-diversified business portfolio Profit generation supported by continuous restructuring Progress in strengthening cash flow and reducing debt Solid access to capital markets Low profitability in the energy and electric systems segment Mitsubishi Electric Corp.'s earnings have steadily grown, supported by its improving cost structure. This has followed from the company's streamlining and reform of low profit businesses, such as mobile telephone headsets, cathode-ray tube (CRT) TVs, and information systems. Mitsubishi Electric's cash flow from its core industrial automation systems has improved, thanks to the segment's strong competitiveness in Asian markets. The
