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Mitsubishi Electric Collaborating with JICA and Hankyu to Promote Energy Conservation of Manila's Light Rail

1. Mitsubishi Electric partners with JICA for Manila's LRT energy efficiency. 2. Project aims to reduce CO2 emissions and improve operational performance. 3. Data-analysis services will assess energy consumption and savings measures. 4. Energy-saving solutions include utilizing surplus regenerative energy. 5. Focus on promoting infrastructure development in Manila's congestion issues.

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Why Bullish?

The collaboration with JICA highlights Mitsubishi Electric's commitment to energy-saving technologies, likely enhancing their market position. Similar initiatives in the past have led to increased investor confidence and share price growth.

How important is it?

The announcement demonstrates Mitsubishi Electric's strategic positioning in sustainable technologies, a trending focus globally that draws positive investor interest. This collaboration could influence future contracts and expand their operational footprint.

Why Long Term?

Sustainable energy projects tend to show benefits over time, directly contributing to profit margins and brand reputation. Past projects in infrastructure have taken years to mature, making this a potential long-term value enhancer.

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Using data-analysis services to reduce environmental impact of Manila's light rail system

Mitsubishi Electric Corporation (TYO:6503) announced today that it is collaborating with the Japan International Cooperation Agency (JICA) and Hankyu Corporation on a technical-cooperation project to promote the energy conservation of the Manila Light Rail Transit Authority's (LRTA) Line 1, which is operated and maintained by the Light Rail Manila Corporation (LRMC). Mitsubishi Electric will leverage its data-analysis services for railways to assess the railway line's energy usage, verify energy-saving measures and propose corresponding solutions.

Railway infrastructure development is being promoted in the Manila metropolitan area, where reliance on automobiles as the main mode of transportation has led to chronic traffic congestion, worsening air pollution and increasing CO2 emissions. LMRC requested JICA's support to achieve more energy-efficient operations and reduce CO2 emissions of LRT Line 1. In turn, JICA launched a technical-cooperation project with Hankyu, a company with a proven record of operating energy-efficient railways in Japan.

Commissioned by Hankyu to participate in the project, Mitsubishi Electric will use its SerendieTM digital platform to analyze the LRT Line 1's current power consumption, verify the feasibility and effectiveness of various energy-saving measures and then propose optimal solutions. For example, using mapping technology that visualizes surplus regenerative energy produced when railcars brake, Mitsubishi Electric expects to propose energy-saving solutions such as installing auxiliary-power supply equipment to enable station buildings to use energy and installing separate equipment to store surplus energy for later use.

For the full text, please visit: www.MitsubishiElectric.com/news/

Customer Inquiries

Mobility Infrastructure Systems Marketing Division

Public Utility Systems Group

Mitsubishi Electric Corporation

rail.webmaster@nb.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/



Media Inquiries

Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2332

prd.gnews@nk.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/en/pr/

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