Mitsubishi Electric said it will acquire all equity interests in U.S.-based PCI Energy Solutions for $1.4 billion, approximately ¥220 billion, in 2026, subject to necessary regulatory approvals and other conditions. PCI provides energy transaction management and optimization software for demand forecasting, generation scheduling and power trading, and its platform is reportedly used for approximately 60% of power generation volume in the U.S. market. Mitsubishi Electric aims to combine PCI’s technology and customer base with its energy-management solutions, digital platform, power equipment and control systems to offer end-to-end optimization spanning demand-side equipment management and control through market-based power trading. Shares fell ¥70 to ¥5,585 in morning trading on the 21st as investors focused on the transaction’s size, potential financial impact and goodwill burden. Mitsubishi Electric targets ¥200 billion in energy-solutions revenue and a 28% operating margin by fiscal 2030, compared with projected fiscal 2026 revenue of ¥100 billion and a 16% operating margin. The company will promptly disclose any necessary revisions to its consolidated earnings forecasts after closing.