Mitsubishi Electric 1st Among Japanese Firms and 3rd Globally in International Patent Applications Filed in 2020

TOKYO, March 3, 2021 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it ranked first among Japanese firms and third globally in terms of international patent applications filed in 2020 according to an announcement by the Switzerland-based World Intellectual Property Organization (WIPO) on March 2. The high rankings reflect Mitsubishi Electric's strategic positioning of intellectual property (IP) as a crucial business resource, including for R&D to support the company's sustainable growth.

1. IP targeted at business and R&D strategies group-wide

• IP and technical-standards initiatives are closely integrated with business and R&D strategies. 
• IP Division under president's direct control at head office coordinates activities of IP divisions in factories, R&D centers and affiliated companies worldwide. 

2. Global IP activities and international-standards strategies

• Crucial IP-related initiatives support mainstay businesses and important R&D projects.
• IP patents in promising emerging countries are filed early and proactively.
• Resident officers are assigned to manage IP activities in the U.S.A., Europe, China and Southeast Asia.
• Patents are acquired for international standards ("standard-essential patents") and in fields where competition is intensifying, helping to strengthen product competitiveness and market share.

For more information, please visit
https://www.MitsubishiElectric.com/en/about/rd/ip/index.html

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Originally (initially) released in Japanese and English

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