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Mar 18, 2025, 5:44 am190 ptsTrendingTop
Digitimes
Mitsubishi Electric expects revenue from its defense system business to soar to at least JPY600 billion (approx. US$4.03 billion) in fiscal 2031, with its operating profit to more than quadruple, thanks to an increase in spending by the Japanese government to reinforce the country's defense capabilities.
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