Company profile

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Management policy

Company profile

History

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Company profile

Company name: Mitsubishi Electric Trading Corporation
Foundation: February 1, 1979
Head office: Meiji-Seimei-kan 3F 1-1 Marunouchi 2-chome Chiyoda-ku Tokyo
Phone +81-3-5220-7301  Fax +81-3-3214-2011
Capital: 1 billion yen
Shareholders: Mitsubishi Electric Corporation 95.8%, Mitsubishi Electric Logistics Corporation 4.2%
Employees: 654 (as of March 31, 2019)
Sales: 2018 fiscal year - 298.1 billion yen (actual result)
Business area: Domestic/overseas material procurement/sales, trading, material control, office design, acceptance of outsourced business, etc.
Business line: Products, parts, materials, sub-materials, consumables for factories and offices, manufacturing facilities, inspection equipment, molds & dies and tools for electronic and telecommunication equipment and related fields, electrical equipment, traffic transportation equipment systems, and household electrical appliances
Banks: MUFG Bank Marunouchi branch, Mitsui Sumitomo Banking Corporation Tokyo central branch, Mizuho Bank Shiba branch

History

Feb. 1979 Founded Melco Overseas Service Co., Ltd. Launched an ancillary service to support the overseas business of Mitsubishi Electric.
Jul. 1989 Changed company name to Melco Overseas Co., Ltd.
Jul. 1995 Founded Melco Material Supply. Began procuring indirect material for Mitsubishi Electric.
Dec. 1998 Melco Overseas Co., Ltd. established "Melco Trading (Thailand) Co., Ltd." as a local affiliate in Thailand
Apr. 2000 Merged with Melco Overseas and Melco Material Supply and founded Melco Trading Co., Ltd.
Apr. 2004 Changed the company name to Mitsubishi Electric Trading Corporation
Jul. 2004 Established "Ryoka Electric Trading (Shanghai) Limited" as a local affiliate in China
Jun. 2005 Increased capital to 1 billion yen
Sep. 2005 Moved the head office to Marunouchi, Chiyoda-ku
Apr. 2007 Restructured the organization, changing the number of operation divisions from 4 to 7.