Mitsubishi Electric Corporation reported Q1 net profits of ¥46.3 billion ($373 million), up 8% from last time’s ¥43.0 billion ($347 million), on revenue which rose 9% to ¥988.4 billion ($8.0 billion) from ¥910.6 billion ($7.3 billion). The company said that Europe and Japan were seeing some recovery while the US remained buoyant.
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