Mitsubishi Electric Corporation

6503.T
Electrical Equipment & Parts
2026/02/17 Updated
Market Cap: $73.9B (¥11.3T)
Stock Price: $36.09 (¥5,519)
Exchange Rate: 1 USD = ¥152.91

Notice of Completion of Full Subsidiary Acquisition of Nozomi Networks, Inc. in the United States

Mitsubishi Electric announced that it completed the acquisition of all shares of US-based Nozomi Networks, Inc. on January 28, 2026, making it a wholly owned subsidiary.

Importance:
Page Updated: January 29, 2026
IR Disclosure Date: January 29, 2026

Key Figures

  • Acquisition Completion Date: January 28, 2026
  • Nozomi Networks, Inc. Revenue (Fiscal Year Ending December 2025): USD 101,709 thousand
  • Nozomi Networks, Inc. Number of Employees: 336 (as of end of December 2025)

AI要約

Overview of the M&A

Mitsubishi Electric Corporation announced that following the notice on September 9, 2025, regarding the full subsidiary acquisition of US-based Nozomi Networks, Inc., it completed the acquisition of all shares on January 28, 2026, making it a wholly owned subsidiary. Nozomi Networks, Inc. develops and sells OT security solutions, with revenue of USD 101,709 thousand for the fiscal year ending December 2025, and 336 employees.

Outlook

Mitsubishi Electric has stated that it will promptly disclose any revisions to its consolidated earnings guidance or any matters to be disclosed arising from this transaction. At this point, specific details regarding the financial impact or synergy effects are unknown, but the acquisition is expected to strengthen its OT security business.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.