Mitsubishi Electric Ranked 4th Globally and 1st Among Japanese Companies in International Patent Applications Filed in 2023

TOKYO, March 8, 2024 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it ranked fourth globally and first among Japanese companies in terms of international patent applications filed in 2023 according to the Switzerland-based World Intellectual Property Organization (WIPO).* A high level of both ranking and the number of patent applications reflect Mitsubishi Electric's strategy to actively promote international patent applicants along with the globalization of its business. In 2023, the company has ranked within the top five global companies in international patent applications by company for ten consecutive years since 2014, and first among all Japanese companies for nine consecutive years.