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HTHIF - Mitsubishi Electric: Better Value Than Hitachi
Hitachi Ltd.
2025-10-21 10:02:40 ET
Mitsubishi Electric Corporation ( MIELY ) is interesting in terms of value. Its electrical infrastructure business is below Hitachi, Ltd.'s ( HTHIY ) in profitability, and we think that it is logical - as the business scales, it should be capable of matching that profitability. Where building solutions are struggling at Hitachi, they are doing well at Mitsubishi despite some exposure to Chinese property market woes....