M'bishi Electric overcharged Defense Ministry

M'bishi Electric overcharged Defense Ministry

TOKYO, Japan - Mitsubishi Electric Corp. President Kenichiro Yamanishi (C) and other company officials bow in apology at a press conference in Tokyo on Dec. 21, 2012. Mitsubishi Electric, one of Japan's leading defense contractors, said the firm and three subsidiaries overcharged the Defense Ministry and others by around 37.4 billion yen on defense-related contracts.

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