Mitsubishi Electric’s net income down 69.1% y/y to USD168.1m in Q2 FY2013

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Financial results

Sales down 1.8% y/y to USD11.7bn

Mitsubishi Electric has reported a net income of JPY13.2bn (USD169.4m, 30 September 2012) for the second quarter (Q2) ended 30 September 2012, a decline of 68.9% from JPY42.4bn (USD553.3m, 30 September 2011) recorded in the same period of the previous year, according to the company’s press release.

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