Mitsubishi Electric Corp. Hits Day High with Strong 3.23% Intraday Surge

Mitsubishi Electric Corp. has shown significant activity today, achieving a notable gain of 3.23% as of February 24, 2026. The stock reached an intraday high of JPY 5,947.00, reflecting its strong performance in the electronics and appliances sector. Over the past week, Mitsubishi Electric has outperformed the Japan Nikkei 225, with a weekly increase of 5.83% compared to the index's slight decline of 0.2%. The company's one-month performance stands at an impressive 19.01%, while its year-to-date performance is also robust at 29.03%. Over the last year, Mitsubishi Electric has delivered a remarkable return of 150.25%, significantly surpassing the Nikkei 225's 46.92% gain. Financial metrics indicate a solid position, with a healthy EBIT to Interest ratio of 39.33, showcasing the company's ability to manage its debt effectively. The return on equity stands at 10.30%, and the stock is currently trading at a price-to-book ratio of 2.66. Despite some fluctuations in operating profit growth, Mitsubishi Electric continues to demonstrate consistent returns and resilience in the market.