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Mitsubishi Electric Operations Affected by Tohoku Pacific Earthquake

Tokyo, March 15, 2011 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its two major business operations in the Tohoku region have sustained damage as a result of the Tohoku Pacific Earthquake, which struck on March 11, 2011. However, no significant injuries among employees have been reported.

At Mitsubishi Electric's Tohoku branch, located in Sendai, Miyagi Prefecture, there was some damage in the office. The company is employing all possible resources to maintain the functionality of its operations at this branch.

At Mitsubishi Electric's Koriyama Factory, located in Koriyama, Fukushima Prefecture, some damage was reported to the buildings. Production has temporarily ceased at this factory, which manufactures CCTVs and communications equipment. Upon confirming operational safety, Mitsubishi Electric will consider when to resume operations, while taking into account the impact of the earthquake on its manufacturing facilities.

The impact of the earthquake on the Mitsubishi Electric Group and its financial performance is currently being evaluated and remains to be determined. The company intends to make an announcement promptly should it foresee significant impact to its business.