Mitsubishi Electric Corporation (TOKYO:6503) announced today that it surpassed an historic milestone with the production of its 500,000th elevator/escalator unit in Japan in September.
The company has been developing and producing elevators and escalators for 85 years, since launching integrated production at its Kobe Works in Hyogo Prefecture in 1935. Since establishing its Inazawa Works as a dedicated elevator and escalator plant in Aichi Prefecture in 1964, Mitsubishi Electric has been a world-leading supplier of elevators and escalators with business in more than 90 countries.
The environment surrounding the elevator and escalator business has been changing drastically due to factors including increasingly higher and larger buildings, mounting emphasis on safety and efforts to reduce the spread of infectious diseases, particularly COVID-19. Mitsubishi Electric has been responding to these new needs by continually delivering “mobility” (transportation) solutions that assure safety, peace of mind and riding comfort. Furthermore, the company also continues to focus on delivering products and services that increase the value of buildings with enhanced efficiency and comfort, including by integrating building facilities with advanced and mobility solutions, such as robots supported by AI and IoT.
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