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 2022
JPY USD Revenue 1,124.14B 10,003.67M Gross Profit 215,501M 1,917.73M Operating income 90,225M 802.90M Income before tax 90,788M 807.91M Net income 68,935M 613.44M EBITDA 135,539M 1,206.15M Diluted EPS 166.60 1.48 Dividends Per Share 36 0.32 Total Assets 1,104.19B 9,097.35M Total liabilities 562,757M 4,636.51M Total equity 538,610M 4,437.56M Operating cash flow 78,417M 697.82M Currency in JPY Currency in USD
Historical Data Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
881,413M
884,723M
978,445M
988,424M
1,124.14B
Gross Profit
174,575M
165,527M
166,560M
167,552M
215,501M
Operating income
76,215M
71,059M
58,913M
59,767M
90,225M
Income before tax
66,855M
71,321M
58,089M
49,527M
90,788M
Net income
50,326M
60,142M
45,975M
38,759M
68,935M
EBITDA
106,706M
108,528M
105,184M
108,435M
135,539M
Diluted EPS
117.02
140.75
108.68
92.86
166.60
Dividends Per Share
26
28
28
36
36
Total Assets
703,558M
742,127M
864,481M
976,771M
1,104.19B
Total liabilities
340,337M
334,867M
462,205M
522,773M
562,757M
Total equity
356,091M
399,703M
394,372M
451,141M
538,610M
Operating cash flow
92,201M
100,722M
86,486M
93,763M
78,417M
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
7,952.66M
7,978.04M
8,999.20M
9,319.70M
10,003.67M
Gross Profit
1,575.12M
1,492.65M
1,531.92M
1,579.82M
1,917.73M
Operating income
687.65M
640.77M
541.84M
563.53M
802.90M
Income before tax
603.20M
643.14M
534.27M
466.98M
807.91M
Net income
454.07M
542.33M
422.85M
365.45M
613.44M
EBITDA
962.76M
978.65M
967.42M
1,022.41M
1,206.15M
Diluted EPS
1.05
1.26
0.99
0.87
1.48
Dividends Per Share
0.23
0.25
0.25
0.33
0.32
Total Assets
6,615.49M
6,704.85M
8,007.79M
8,839.55M
9,097.35M
Total liabilities
3,200.15M
3,025.40M
4,281.45M
4,730.97M
4,636.51M
Total equity
3,348.29M
3,611.17M
3,653.11M
4,082.72M
4,437.56M
Operating cash flow
831.89M
908.26M
795.45M
884.07M
697.82M
Valuation Measures
Mar 2022
PER 15.83 ROA 6.62% ROE 13.92% Operating margin 8.02% Profit margin 6.13%
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. (7.5%)
Fidelity Management & Research Co. LLC (5.9%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.1%)
Takahashi Industrial & Economic Research Foundation (3.6%)
Sumitomo Mitsui Trust Holdings, Inc. (3.6%)
Minebea Mitsumi, Inc. (3.3%)
Nikko Asset Management Co., Ltd. (3.2%)
The Vanguard Group, Inc. (2.5%)
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
Zhejiang XCC Group Co., Ltd. Class A
Sinomach Precision Industry Co., Ltd. Class A
Shenzhen Baoming Technology Co., Ltd. Class A
Ways Electron Co. Ltd. Class A
Foxconn Technology Co., Ltd.
Power Logics Co., Ltd.
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 27 Jan, 2023
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