Economy
Mitsubishi Electric and Hon Hai Subsidiary Target ¥1 Trillion Revenue by Fiscal 2030
Mitsubishi Electric and a Hon Hai (Foxconn) Group subsidiary have set a ¥1 trillion revenue target for fiscal 2030, announced October 17, 2026. Details on the specific areas of cooperation and revenue structure were not disclosed. The same day, a Japanese authority canceled an erroneous M9.9 earthquake warning that had disrupted transportation.