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TOKYO, February 13, 2013 - Mitsubishi Electric Corporation (TOKYO: 6503) announced that today it reimbursed a total of 49,511,910,061 yen to the national treasury as refunds regarding overcharged expenses to Japan's Ministry of Defense (MOD) in the defense business of its Electronic Systems Group. Mitsubishi Electric's bidding suspension from MOD will be lifted as of midnight tonight.

Reference: Four affiliates' reimbursements and bidding suspension periods

Company Mitsubishi Precision Co., Ltd. Mitsubishi Electric TOKKI Systems Corporation Mitsubishi Space Software Co., Ltd. Taiyo Musen Co., Ltd.
Category Consolidated
subsidiary 		Consolidated
subsidiary 		Consolidated
subsidiary 		Equity-method
affiliate
Capital 3,167 million yen 600 million yen 500 million yen 120 million yen
Shares held by Mitsubishi Electric as of March 31, 2012 66.38% 100.0% 86.0% 25.0%
Net sales in fiscal year ended March 2012 18,339 million yen 27,698 million yen 16,312 million yen 3,186 million yen
Reimbursement 1,926,586,383 yen 7,254,885,602 yen 1,586,840,884 yen 2,968,519,285 yen
End of bidding suspension February 13, 2013 February 13, 2013 February 13, 2013 February 13, 2013


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Mitsubishi Electric Completes Refund Payments Regarding Overcharged Expenses in Defense Business- A&S Automation Co., Ltd

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