Prices as of 2026/10/30 close
Company comparison · Power Distribution Equipment



Mitsubishi Electric is the largest by revenue at ¥5.9T, followed by Meidensha (¥301.1B), DAIHEN (¥237.7B) and Nitto Kogyo (¥195.8B).
DAIHEN has the highest operating margin at 7.9%, 0.8 points above the lowest, Meidensha (7.1%).
Revenue growth in the latest results: Mitsubishi Electric +6.8%, Nitto Kogyo +6.0%, DAIHEN +5.0%, Meidensha +4.6%. For next year, Mitsubishi Electric guides for the fastest operating profit growth (+36.2%).
DAIHEN pays the most on average (¥9.73M), ¥2.53M more than Nitto Kogyo (¥7.21M).
Over the past year the shares moved Meidensha +35.9%, DAIHEN +24.1%, Nitto Kogyo +15.4%, Mitsubishi Electric +11.7%.
Head-to-head wins18 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Mitsubishi Electric aheadMitsubishi Electric 3 : Meidensha 0 : DAIHEN 0 : Nitto Kogyo 0
Revenue: Mitsubishi Electric ¥5.9T / Meidensha ¥301.1B / DAIHEN ¥237.7B / Nitto Kogyo ¥195.8B
ProfitabilityInvestors
DAIHEN aheadMitsubishi Electric 1 : Meidensha 1 : DAIHEN 2 : Nitto Kogyo 0
Operating margin: Mitsubishi Electric 7.3% / Meidensha 7.1% / DAIHEN 7.9% / Nitto Kogyo 7.9%
GrowthInvestors
Mitsubishi Electric aheadMitsubishi Electric 3 : Meidensha 1 : DAIHEN 1 : Nitto Kogyo 0
Revenue growth (YoY): Mitsubishi Electric +6.8% / Meidensha +4.6% / DAIHEN +5.0% / Nitto Kogyo +6.0%
Stock & balance sheetInvestors
Meidensha aheadMitsubishi Electric 0 : Meidensha 2 : DAIHEN 0 : Nitto Kogyo 1
Share price, 1 year: Mitsubishi Electric +11.7% / Meidensha +35.9% / DAIHEN +24.1% / Nitto Kogyo +15.4%
Pay & workforceJob seekers
DAIHEN aheadMitsubishi Electric 0 : Meidensha 0 : DAIHEN 2 : Nitto Kogyo 1
Average salary: Mitsubishi Electric ¥9.13M / Meidensha ¥7.61M / DAIHEN ¥9.73M / Nitto Kogyo ¥7.21M
| Metric | Mitsubishi Electric | Meidensha | DAIHEN | Nitto Kogyo |
|---|---|---|---|---|
| Revenue | ◎¥5.9T | ¥301.1B | ¥237.7B | ¥195.8B |
| Operating profit | ◎¥433.1B | ¥21.5B | ¥18.8B | ¥15.4B |
| Net income | ◎¥407.8B | ¥18.5B | ¥14.1B | ¥11.5B |
| Metric | Mitsubishi Electric | Meidensha | DAIHEN | Nitto Kogyo |
|---|---|---|---|---|
| Operating margin | 7.3% | 7.1% | ◎7.9% | 7.9% |
| Net margin | ◎6.9% | 6.1% | 5.9% | 5.9% |
| ROE | — | ◎13.9% | 9.7% | 9.6% |
| Revenue per employee | ¥197M | ¥77M | ◎¥198M | ¥86M |
| Metric | Mitsubishi Electric | Meidensha | DAIHEN | Nitto Kogyo |
|---|---|---|---|---|
| Revenue growth (YoY) | ◎+6.8% | +4.6% | +5.0% | +6.0% |
| Operating profit growth (YoY) | +10.5% | ◎+69.0% | +16.1% | +15.0% |
| Revenue CAGRlast 5 years | ◎+7.1% | +6.8% | — | — |
| Guidance: revenue growthnext FY plan | +5.2% | +11.3% | ◎+17.8% | +7.3% |
| Guidance: op. profit growthnext FY plan | ◎+36.2% | −7.0% | +33.1% | +8.1% |
| Metric | Mitsubishi Electric | Meidensha | DAIHEN | Nitto Kogyo |
|---|---|---|---|---|
| Share price, 1 year | +11.7% | ◎+35.9% | +24.1% | +15.4% |
| Share price, 3 months | −12.7% | ◎+13.0% | −2.0% | −2.9% |
| P/E (trailing)lower = cheaper | — | 23.2x | 4.1x | 13.6x |
| Equity ratio | — | 41.7% | 53.3% | ◎67.6% |
| Share price (close) | ¥4,640 | ¥9,448 | ¥2,402 | ¥4,125 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Mitsubishi Electric | Meidensha | DAIHEN | Nitto Kogyo |
|---|---|---|---|---|
| Average salary | ¥9.13M | ¥7.61M | ◎¥9.73M | ¥7.21M |
| Starting salary (monthly) | ¥287,000 | ¥269,000 | ¥287,000 | ◎¥300,000 |
| Average tenure | 15.3 yrs | 18.9 yrs | ◎20.0 yrs | 15.0 yrs |
| Average age | 40.5 | 43.9 | 44.0 | 40.1 |
| Employees | 29,949 | 3,917 | 1,203 | 2,269 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥4,640+11.7% (1Y)
Mitsubishi Electric +11.7% over 1Y. Compared: Meidensha +35.9%, DAIHEN +24.1%, Nitto Kogyo +15.4%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Mitsubishi Electric5 segments
Meidensha5 segments
DAIHEN4 segments
Nitto Kogyo3 segments
AAverage annual salary from the securities filings: DAIHEN ¥9.73M, Mitsubishi Electric ¥9.13M, Meidensha ¥7.61M, Nitto Kogyo ¥7.21M. DAIHEN pays the most. Averages also depend on staff age and job mix, so check the average age too (Mitsubishi Electric 40.5, Meidensha 43.9, DAIHEN 44.0, Nitto Kogyo 40.1).
ARevenue in the latest results: Mitsubishi Electric ¥5.9T, Meidensha ¥301.1B, DAIHEN ¥237.7B, Nitto Kogyo ¥195.8B. Mitsubishi Electric is the largest by revenue at ¥5.9T, followed by Meidensha (¥301.1B), DAIHEN (¥237.7B) and Nitto Kogyo (¥195.8B).
AOperating margins: DAIHEN 7.9%, Nitto Kogyo 7.9%, Mitsubishi Electric 7.3%, Meidensha 7.1%. DAIHEN turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Meidensha +35.9%, DAIHEN +24.1%, Nitto Kogyo +15.4%, Mitsubishi Electric +11.7%. Meidensha has risen the most.



Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.