Producer Manufacturing Minebea Mitsumi, Inc. Business Summary
Minebea Mitsumi, Inc. engages in the manufacture and sale of high precision ball bearings and components for IT (Information Technology), 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 the semiconductor, optical, mechanical, high frequency, and power supply devices. The Others segment deals with the in-house produced machines. The company was founded on July 16, 1951 and is headquartered in Tokyo, Japan.
Financial Highlights
Mar 2021
JPY USD Revenue 988,424M 9,319.70M Gross Profit 167,552M 1,579.82M Operating income 59,767M 563.53M Income before tax 49,527M 466.98M Net income 38,759M 365.45M EBITDA 108,435M 1,022.41M Diluted EPS 92.86 0.87 Dividends Per Share 36 0.33 Total Assets 976,771M 8,839.55M Total liabilities 522,773M 4,730.97M Total equity 451,141M 4,082.72M Operating cash flow 93,763M 884.07M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
638,926M
881,413M
884,723M
978,445M
988,424M
Gross Profit
124,750M
174,575M
165,527M
166,560M
167,552M
Operating income
49,016M
76,215M
71,059M
58,913M
59,767M
Income before tax
48,473M
66,855M
71,321M
58,089M
49,527M
Net income
41,146M
50,326M
60,142M
45,975M
38,759M
EBITDA
78,279M
106,706M
108,528M
105,184M
108,435M
Diluted EPS
105.64
117.02
140.75
108.68
92.86
Dividends Per Share
14
26
28
28
36
Total Assets
643,312M
703,558M
742,127M
864,481M
976,771M
Total liabilities
317,089M
340,337M
334,867M
462,205M
522,773M
Total equity
321,395M
356,091M
399,703M
394,372M
451,141M
Operating cash flow
83,125M
92,201M
100,722M
86,486M
93,763M
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
5,900.27M
7,952.66M
7,978.04M
8,999.20M
9,319.70M
Gross Profit
1,152.02M
1,575.12M
1,492.65M
1,531.92M
1,579.82M
Operating income
452.64M
687.65M
640.77M
541.84M
563.53M
Income before tax
447.63M
603.20M
643.14M
534.27M
466.98M
Net income
379.96M
454.07M
542.33M
422.85M
365.45M
EBITDA
722.88M
962.76M
978.65M
967.42M
1,022.41M
Diluted EPS
0.97
1.05
1.26
0.99
0.87
Dividends Per Share
0.12
0.23
0.25
0.25
0.33
Total Assets
5,773.23M
6,615.49M
6,704.85M
8,007.79M
8,839.55M
Total liabilities
2,845.63M
3,200.15M
3,025.40M
4,281.45M
4,730.97M
Total equity
2,884.27M
3,348.29M
3,611.17M
3,653.11M
4,082.72M
Operating cash flow
767.63M
831.89M
908.26M
795.45M
884.07M
Valuation Measures
Mar 2021
PER 29.79 ROA 4.21% ROE 9.16% Operating margin 6.04% Profit margin 3.92%
Key executives
Chairman, Executive President, CEO & COO:
Yoshihisa Kainuma
Executive Officer, Manager-Finance & Accounting:
Hidekazu Kudo
Director & General Manager-Technology:
Michiya Kagami
Director & Manager-Technology Development:
Hiroshi Aso
Director & Vice President:
Ryozo Iwaya Shareholders
Nomura Asset Management Co., Ltd. (6.4%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.6%)
Minebea Mitsumi, Inc. (5.3%)
Fidelity Management & Research Co. LLC (5.2%)
Takahashi Industrial & Economic Research Foundation (3.6%)
Sumitomo Mitsui Trust Holdings, Inc. (3.6%)
Nikko Asset Management Co., Ltd. (3.1%)
Daiwa Asset Management Co. Ltd. (2.4%)
Mitsubishi UFJ Financial Group, Inc. (2.4%)
Sumitomo Mitsui Financial Group, Inc. (2.3%)
Related Companies
Minebea Intec USA, Inc.
Minebea Intec Italy Srl
Minebeamitsumi Shanghai Trading Ltd.
Minebea Mitsumi Board Incentive Plan
Minebea Mitsumi Employee Incentive Plan
Minebea Intec France SAS
ABLIC, Inc.
Cixi New Meipeilin Precision Bearing Co. Ltd.
Minebea (Shenzhen) Ltd.
Minebea (Hong Kong) Ltd.
Minebea Electronic Devices (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.
Paradox Engineering SA
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
MinebeaMitsumi Technology Center Europe GmbH
NMB Sales Co. Ltd.
Minebea Intec GmbH
NMB Electro Precision, Inc.
Competitors
SKF AB Class B
RBC Bearings Incorporated
ABCO Electronics Co., Ltd.
Foxconn Technology Co., Ltd.
Power Logics Co., Ltd.
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
Last Updated on 24 Sep, 2021
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter Find out more
