Mitsubishi Electric agrees Foxconn alliance. October 30 results test Mitsubishi Electric stock

Published on 10/19/2026 at 09:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Foxconn will take 50 percent for JPY 115.00 billion. Mitsubishi Electric stock costs EUR 27.76 on October 19, 2026, with equity value at JPY 230.00 billion.

Deal structure and reporting dates

Hon Hai agreed to acquire 50 percent of Mitsubishi Electric Mobility for JPY 115.00 billion on October 16, 2026.
Mitsubishi Electric set October 30, 2026 for fiscal 2027 second-quarter results after first-quarter revenue reached JPY 1,497.10 billion.
Mitsubishi Electric stock was trading at EUR 27.76 at 9:23 a.m. CEST at Lang & Schwarz on October 19, 2026.

Mitsubishi Electric, JP3902400005, Illustration mit AI erstellt.

Mitsubishi Electric (ISIN JP3902400005) is advancing a strategic alliance with Foxconn in automotive equipment while its stock was trading at EUR 27.76 at Lang & Schwarz on October 19, 2026 at 9:23 a.m. CEST. According to Bloomberg, Hon Hai will pay JPY 115.00 billion for a 50 percent stake in the automotive-components unit.

Foxconn deal changes the structure

The agreement gives the automotive business a new operating model rather than a simple supply contract. MarketScreener reported that Mitsubishi Electric will transfer 50 percent of Mitsubishi Electric Mobility to Lin Yin International Investment, a Hon Hai subsidiary. The transaction implies an equity value of JPY 230.00 billion and is expected to close in October 2027, subject to contractual conditions.

For investors, the strategic value lies in combining Mitsubishi Electric Mobility technology with Foxconn scale. Bloomberg said the partners aim to build a business with sales above JPY 1.00 trillion, while Mitsubishi Electric contributes technology for electric powertrains, autonomous driving and in-car intelligence.

What dates shape the next update?

The chronology runs from July 31, 2026, when first-quarter fiscal 2027 revenue reached JPY 1,497.10 billion, up 14.00 percent year over year, according to Simply Wall St. On October 1, 2026, the company set October 30, 2026 for fiscal 2027 second-quarter results in its investor-relations calendar. On October 16, 2026, Mitsubishi Electric signed the agreement covering the 50 percent stake and JPY 115.00 billion transfer price.

The next two dated events are October 30, 2026 for the second-quarter results and November 9, 2026 for the start of COP31 participation through November 20, 2026, as reported by FinanzNachrichten.

Stock price and operating context

The transaction gives the October 30 results added importance because investors will assess the automotive unit alongside the latest group earnings. Mitsubishi Electric is listed on the Tokyo Stock Exchange under ticker 6503, and its Tokyo quote was JPY 4,953 at 6:30 a.m. UTC on October 19, 2026, with a 52-week range of JPY 3,872 to JPY 6,686. Its market capitalization was JPY 10.1 trillion on that date.

The stock was trading at EUR 27.76 at Lang & Schwarz on October 19, 2026 at 9:23 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Mitsubishi Electric stock.