UPDATE 2-INTERVIEW-Mitsubishi Elec eyes 5% oper margin in 05/06

Newswire

(Adds details, background) By Kiyoshi Takenaka and Kunihiko Kichise TOKYO, May 27 (Reuters) - Japan's Mitsubishi Electric Corp aims to hit its target of a five percent operating profit margin next business year, providing the economy remains strong, its president said on Thursday. Mitsubishi Electric, whose products range from satellites and elevators to cellphones, said last week it was targeting an operating profit margin of five percent or more -- up from a forecast 3.2 percent this ...

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