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 |
| Capital | 1 billion yen |
| Shareholders | Mitsubishi Electric Corporation 95.8%, Mitsubishi Electric Logistics Corporation 4.2% |
| Employees | 652 (Group total employees : 749) (as of March 31,2023) |
| Revenue | 327.7 billion yen (Group total revenue : 374.7 billion yen) (FY 2022 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. |
