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5. Mitsubishi Electric Corporation Business Report FY ended Mar. 2020

Mitsubishi Electric Corporation Business Report FY ended Mar. 2020

Business Results

Automotive Equipment Business
ｰSales of electrification products such as motor and inverters increased; however, both the volume of orders received as well as the total volume of sales decreased due to lower sales of other automotive electric products and due to the impact of negative currency translation on business results.

New Testing Facility Completed at Himeji Plant (Main Production Plant of the Automotive Equipment Business)
-Mitsubishi Electric Corporation announced on August 5 that it has completed construction of a new test facility at its main Himeji Works (Himeji City, Hyogo Prefecture) for an automotive device business. The new test facility will be seven stories high and have a total floor area of about 8,200 square meters. The investment was about JPY 2.2 billion. Mitsubishi Electric aims to focus on the development of products by utilizing its original technologies for power electronics, automotive control, and motor coils, in order to expand its automotive device business. (From an article in the Nikkan Jidosha Shimbun on August 7, 2019)

Product Development

Developed TFT LCD Module for Redesigned Models and Industrial Equipment
-Mitsubishi Electric Corporation announced that it will launch Wide-HD TFT-LCD Modules for automobile as well as industrial equipment. It will introduce 10.25-inch, 12.3-inch, and 15.0-inch models for corresponding to growing demand of automotive displays that are required to have various functions as instrument clusters and center panels in recent years. (From a press release on April 23, 2019)

Displayed New Concept at the Tokyo Motor Show
ｰMitsubishi Electric Corporation announced that it will showcase EMIRAI S which incorporates its latest sensing and HMI (human machine interface) technologies and a new mobility concept oriented toward MaaS society at the Tokyo Motor Show. EMIRAI S is a concept of vehicle cabin with biological sensing technologies which support safe and secure transportation and HMI technologies which realize easy communication inside or outside the vehicle. In addition, the company will exhibit “xAUTO”, a demonstration vehicle of autonomous driving, as well as compact and high power motor inverters for hybrid vehicles (HVs) and electric vehicles (EVs). (From a press release on October 1, 2019)

-On October 21, Mitsubishi Electric Corporation announced that it has developed new autonomous driving technologies applicable to various public road situations such as driving in local areas without high-definition maps and autonomous parking both indoors and outdoors. Mitsubishi Electric will incorporate the technologies into its xAUTO autonomous driving demonstration car and exhibit it at the 46th Tokyo Motor Show 2019. The technologies incorporated in the xAUTO enable autonomous driving without high-definition maps using vehicle trajectory data in which past driven routes are recorded accurately and with high precision as well as autonomous parking both outdoors and indoors by accurate positioning and optimizing of routes. Mitsubishi Electric also developed a sensor-fusion technology that integrates information from various sensors such as millimeter-wave radars and cameras in consideration of data-processing time variations. This technology enables the xAUTO to detect the situation surrounding the vehicle fast and accurately. (From an article in the Nikkan Jidosha Shimbun on October 23, 2019)

Developed New Type of AQLOC-Light（a High-precision positioning terminal）
-Mitsubishi Electric Corporation announced that it has released the new AQLOC-Light high-precision positioning terminal, which receives high-precision positioning augmentation information such as centimeter-level positioning augmentation service (CLAS) signals from the Quasi-Zenith Satellite system. The new receiver has fewer components compared to its predecessor and features a 70% reduction in power consumption. This allows it to dispense with a heat discharge structure. As a result, the new AQLOC-Light is made about 80% smaller and lighter. This compact and lightweight design allows it to be mounted on drones and other small moving bodies as well as passenger cars. The new receiver offers autonomous positioning using a gyro sensor incorporated in it and vehicle speed pulse signals sent from the moving body to interpolate positioning information. This enables positioning even in mountainous regions, tunnels, and underpasses where satellite signals cannot be received. The AQLOC-Light is capable of receiving network-style positioning augmentation information in addition to CLAS signals. Accordingly, the company is aiming to expand the use of the new receiver in a wide range of fields. (From an article in the Nikkan Jidosha Shimbun on November 8, 2019)

Developed Compact Highly Efficient Power Conditioner for Electric Vehicles
-Mitsubishi Electric Corporation announced that it has developed new miniaturization and energy-efficient technologies for electric vehicle (EV) power conditioners, which will facilitate domestic use of the electricity stored in EV battery. By utilizing high-speed switching and improved circuitry, it achieved a size reduction of almost 50%. The new technology is capable of highly efficient control of two DC/DC converters with an output of 3kW. When power output is low, the system uses only one of the converters and partially stops the switching of the active converter's power semiconductor devices. As a result, the power loss of power semiconductor devices at outputs of 1 kW or less can be reduced by approximately 30%. (From a press release dated January 29, 2020)

Developed In-vehicle MEMS LiDAR
-Mitsubishi Electric Corporation announced that it has developed a compact LiDAR solution incorporating a micro-electromechanical system (MEMS). It achieves an extra-wide horizontal scanning angle to accurately detect the shapes and distances of objects ahead in autonomous driving systems. The new LiDAR solution irradiates objects by laser and uses a dual-axis (horizontal and vertical) MEMS mirror to scan for the reflected light, generating three dimensional images of vehicles and pedestrians. The MEMS mirror can be produced in large quantities on a silicon substrate using semiconductor-processing technology, making it suitable for mass production. In addition, it uses fewer parts compared to mirrors driven mechanically with motors, which will contribute to the durability of the LiDAR solution. (From a press release dated March 12, 2020)

Investments

-Mitsubishi Electric Corporation (Mitsubishi Electric) announced on October 7 that its automotive device sales and production subsidiary, Mitsubishi Electric Automotive India Pvt. Ltd (MEAI, Haryana, India) will construct a new plan in Gujarat. The new plant will produce automotive parts such as motor control units for electric power steering systems, in order to respond to growing demand for products that comply with environmental regulations. The total capital investment will be about JPY 1.7 billion, and the new plant will start operations in October 2021. It will have a total floor area of about 20,000 square meters, and production items will include electric power steering motor control units, giant magnet-resistance (GMR) rotational sensors, and exhaust gas recirculation valves. (From an article in the Nikkan Jidosha Shimbun on October 8, 2019)

-Mitsubishi Electric Automotive de Mexico announced that it would invest approximately USD 40 million to expand its plant at El Marques, Queretaro, Mexico. The expansion would enable the plant to add 350 additional employees. Mitsubishi Electric Automotive de Mexico aims to create a new production center for the manufacturing of systems including electric power steering units, central information displays and LED control units. (From multiple news sources on November 13, 2019)