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Producer Manufacturing

Minebea Mitsumi, Inc.

  • 1,683.00 JPY
  • -9.00
  • -0.53%
  • Japan
    Jun 14, 2019
  • Ticker
    TKS(6479)
  • Prev. close
    1,692
  • Market cap (JPY)
    722,620M
  • Market cap (USD)
    6,678.25M
  • Shares
    427.08M

Business Summary

Minebea Mitsumi, Inc. engages in the manufacture and sale of high precision ball bearings and components for IT, telecommunications, aerospace, automotive, and home appliance industries. It operates through the following segments: Machined Components, Electronic Devices and Components, Mitsumi Electric Products, and Others. The Machined Components segment provides mechanical parts such as ball bearings, rod-end bearings, hard disk drive pivot assemblies, and aircraft screws. The Electronic Devices and Components segment offers LED backlights, sensor devices, stepping motors, fan motors, hard disk drive spindle motors, precision motors, and other special devices. The Mitsumi Electric Products segment handles semiconductor, optical, mechanical, high frequency, and power supply devices. The Other segment deals with in-house produced machines. The company was founded on July 16, 1951 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue884,723M7,978.04M
Gross Profit166,598M1,502.30M
Operating income72,130M650.43M
Income before tax71,321M643.14M
Net income60,142M542.33M
EBITDA108,528M978.65M
Diluted EPS140.751.26
Dividends Per Share280.25
Total Assets742,127M6,704.85M
Total liabilities334,867M3,025.40M
Total equity399,703M3,611.17M
Operating cash flow100,722M908.26M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 500,676M 609,814M 638,926M 879,139M 884,723M
Gross Profit 119,509M 122,174M 124,750M 176,470M 166,598M
Operating income 60,101M 51,438M 49,016M 79,162M 72,130M
Income before tax 51,773M 46,963M 48,473M 71,230M 71,321M
Net income 39,887M 36,386M 41,146M 59,382M 60,142M
EBITDA 89,458M 87,194M 78,279M 111,972M 108,528M
Diluted EPS 101.32 92.35 105.64 137.80 140.75
Dividends Per Share 12 20 14 26 28
Total Assets 490,043M 459,427M 643,312M 707,844M 742,127M
Total liabilities 256,364M 221,454M 317,089M 334,587M 334,867M
Total equity 226,266M 230,915M 321,395M 365,967M 399,703M
Operating cash flow 59,864M 43,582M 83,125M 96,606M 100,722M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,557.54M 5,078.21M 5,900.27M 7,932.14M 7,978.04M
Gross Profit 1,087.86M 1,017.40M 1,152.02M 1,592.22M 1,502.30M
Operating income 547.08M 428.34M 452.64M 714.24M 650.43M
Income before tax 471.27M 391.08M 447.63M 642.68M 643.14M
Net income 363.08M 303.00M 379.96M 535.78M 542.33M
EBITDA 814.31M 726.10M 722.88M 1,010.28M 978.65M
Diluted EPS 0.92 0.76 0.97 1.24 1.26
Dividends Per Share 0.10 0.16 0.12 0.23 0.25
Total Assets 4,086.24M 4,087.61M 5,773.23M 6,655.79M 6,704.85M
Total liabilities 2,137.70M 1,970.31M 2,845.63M 3,146.09M 3,025.40M
Total equity 1,886.72M 2,054.49M 2,884.27M 3,441.15M 3,611.17M
Operating cash flow 544.92M 362.92M 767.63M 871.64M 908.26M

Valuation Measures

Mar 2019
PER11.55
ROA8.29%
ROE15.70%
Operating margin8.15%
Profit margin6.79%

Key executives

  • Chairman, President, CEO & Chief Operating Officer: Yoshihisa Kainuma
  • Director & Senior Managing Executive Officer: Shuji Uehara
  • Director & General Manager-Technology: Michiya Kagami
  • Executive Officer & Head-Business Administration: Motomu Saito
  • Executive Officer: Koichiro Kojima

Shareholders

  • Fidelity Management & Research Co. (6.5%)
  • Nomura Asset Management Co., Ltd. (5.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.3%)
  • Asset Management One Co., Ltd. (4.3%)
  • Takahashi Industrial & Economic Research Foundation (3.6%)
  • Sumitomo Mitsui Trust Holdings, Inc. (3.6%)
  • Nikko Asset Management Co., Ltd. (3.0%)
  • Minebea Mitsumi, Inc. (2.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)

Contact Details

Related Companies

  • Minebea Mitsumi Employee Incentive Plan
  • Minebea Intec France SAS
  • Cixi New Meipeilin Precision Bearing Co. Ltd.
  • Minebea (Shenzhen) Ltd.
  • Minebea (Hong Kong) Ltd.
  • Minebea Electronic Technology (Suzhou) Ltd.
  • Minebea (Cambodia) Co. Ltd.
  • Minebea Electronics Motor (Zhuhai) Co. Ltd.
  • Minebea Electronics Motor (Malaysia) Sdn. Bhd.
  • Shiono Precision Co., Ltd.
  • Minebea Trading (Shanghai) Ltd.
  • Minebea Technologies Taiwan Co. Ltd.
  • Hwan Chong Enterprise Co. Ltd.
  • Pelmac Thai Ltd.
  • NMB Thai Ltd.
  • NMB Corp.
  • DPM Co., Ltd. (Japan)
  • NMB Singapore Ltd.
  • NMB Minebea Slovakia sro
  • NMB Minebea GmbH
  • Precision Motors Deutsche Minebea GmbH
  • NMB Sales Co. Ltd.
  • Minebea Intec GmbH
  • NMB Electro Precision, Inc.
  • NMB Korea Co. Ltd.
  • NMB Minebea S.a.r.l.
  • Minebea Electronics Motor (Thailand) Co. Ltd.
  • Moatech Philippines, Inc.
  • Minebea Electronics & HI Tech Components Shanghai Ltd.
  • Minebea Technologies Pte Ltd.

Competitors

  • SKF AB Class B
  • RBC Bearings Incorporated
  • Foxconn Technology Co., Ltd.
  • ELAN Microelectronics Corp.
Last Updated on 14 Jun, 2019

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