Mitsubishi Electric and Hon Hai Subsidiary Target ¥1 Trillion Revenue by Fiscal 2030

Mitsubishi Electric and a subsidiary of Hon Hai (Foxconn) Group are aiming for ¥1 trillion in revenue by fiscal 2030.

The target was announced on October 17, 2026, underscoring the two sides' medium-term ambitions to expand their business scale.

According to the source, the revenue goal is set for fiscal 2030, though no further details were provided on the specific areas of cooperation or the revenue structure the two sides are targeting.

On the same day, a Japanese authority canceled an M9.9 earthquake warning that had been issued in error, disrupting transportation. The incident was reported in the same October 17, 2026 news bulletin.