Company information

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 100%
Employees 656 (Group total employees : 759) (as of March 31,2024)
Revenue 322.2 billion yen (Group total revenue : 367.2 billion yen) (FY 2023 actual result)
Business area Domestic/overseas material procurement/sales, trading, material control, office design, acceptance of outsourced business, etc.
Business line Products, parts, materials and indirect materials required for manufacturing electrical and electronic equipment, electrical and electronic components. Factory supply, office supply, manufacturing facilities, inspection equipment, molds & dies, tools, etc.
Banks MUFG Bank Marunouchi branch, Sumitomo Mitsui Banking Corporation Tokyo-Chuo 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.
Jun. 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. 2003 Began Centralized Purchasing Business for electronic components
Aug. 2003 Established Eletronic Catalogue Sales System "MT Mall" for corporates
Feb. 2004 Increased capital from 100 million yen to 300 million yen
Mar. 2004 Sales for FY 2003 exceeded 100 billion yen for the first time
Apr. 2004 Changed the company name to Mitsubishi Electric Trading Corporation
Jul. 2004 Established “Melco Trading (Shanghai) Co., Ltd.” as a local affiliate in China
Jun. 2005 Increased capital to 1 billion yen
Mar. 2007 Sales for FY 2006 exceeded 200 billion yen for the first time
Apr. 2010 Began "WEB Procurement System" for external customers
Oct. 2011 Began Centralized Purchasing Business for electronic components in Thailand Area
Apr. 2015 Began Centralized Purchasing Business for electronic components in Shanghai, China
Mar. 2018 Sales for FY 2017 exceeded 300 billion yen for the first time
Aug. 2020 Granted the “Kurumin” certification for childcare support companies by the Ministry of Health, Labour and Welfare
Oct. 2021 Granted the “DX Certification” by the Ministry of Economy, Trade and Industry
Dec. 2023 Melco Trading(Thailand) established India branch in Bengaluru, India.
Jan. 2024 Melco Trading(Thailand) changed its name to Mitsubishi Electric Trading (Thailand) Co., Ltd.