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, 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 2020
JPY USD Revenue 978,445M 8,999.20M Gross Profit 166,560M 1,531.92M Operating income 58,913M 541.84M Income before tax 58,089M 534.27M Net income 45,975M 422.85M EBITDA 105,184M 967.42M Diluted EPS 108.68 0.99 Dividends Per Share 28 0.25 Total Assets 864,481M 8,007.79M Total liabilities 462,205M 4,281.45M Total equity 394,372M 3,653.11M Operating cash flow 86,486M 795.45M Currency in JPY Currency in USD
Historical Data Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Revenue
609,814M
638,926M
881,413M
884,723M
978,445M
Gross Profit
122,174M
124,750M
174,575M
165,527M
166,560M
Operating income
51,438M
49,016M
76,215M
71,059M
58,913M
Income before tax
46,963M
48,473M
66,855M
71,321M
58,089M
Net income
36,386M
41,146M
50,326M
60,142M
45,975M
EBITDA
87,194M
78,279M
106,706M
108,528M
105,184M
Diluted EPS
92.35
105.64
117.02
140.75
108.68
Dividends Per Share
20
14
26
28
28
Total Assets
459,427M
643,312M
703,558M
742,127M
864,481M
Total liabilities
221,454M
317,089M
340,337M
334,867M
462,205M
Total equity
230,915M
321,395M
356,091M
399,703M
394,372M
Operating cash flow
43,582M
83,125M
92,201M
100,722M
86,486M
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Revenue
5,078.21M
5,900.27M
7,952.66M
7,978.04M
8,999.20M
Gross Profit
1,017.40M
1,152.02M
1,575.12M
1,492.65M
1,531.92M
Operating income
428.34M
452.64M
687.65M
640.77M
541.84M
Income before tax
391.08M
447.63M
603.20M
643.14M
534.27M
Net income
303.00M
379.96M
454.07M
542.33M
422.85M
EBITDA
726.10M
722.88M
962.76M
978.65M
967.42M
Diluted EPS
0.76
0.97
1.05
1.26
0.99
Dividends Per Share
0.16
0.12
0.23
0.25
0.25
Total Assets
4,087.61M
5,773.23M
6,615.49M
6,704.85M
8,007.79M
Total liabilities
1,970.31M
2,845.63M
3,200.15M
3,025.40M
4,281.45M
Total equity
2,054.49M
2,884.27M
3,348.29M
3,611.17M
3,653.11M
Operating cash flow
362.92M
767.63M
831.89M
908.26M
795.45M
Valuation Measures
Mar 2020
PER 14.52 ROA 5.72% ROE 11.57% Operating margin 6.02% Profit margin 4.69%
Key executives
Chairman, President, CEO & Chief Operating Officer:
Yoshihisa Kainuma
Director & General Manager-Technology:
Michiya Kagami
Head-Technology:
Yasunobu Nakagiri
Director & Vice President:
Ryozo Iwaya
Executive Officer & Head-Business Administration:
Motomu Saito Shareholders
Nomura Asset Management Co., Ltd. (6.4%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.6%)
Fidelity Management & Research Co. LLC (4.9%)
Minebea Mitsumi, Inc. (4.3%)
Takahashi Industrial & Economic Research Foundation (3.6%)
Sumitomo Mitsui Trust Holdings, Inc. (3.6%)
Nikko Asset Management Co., Ltd. (3.1%)
The Vanguard Group, Inc. (2.6%)
Mitsubishi UFJ Financial Group, Inc. (2.4%)
Sumitomo Mitsui Financial Group, Inc. (2.3%)
Related Companies
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.
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.
NMB Korea Co., Ltd.
NMB Minebea SARL
Minebea Electronics Motor (Thailand) Co. Ltd.
Competitors
RBC Bearings Incorporated
ABCO Electronics Co., Ltd.
Foxconn Technology Co., Ltd.
Radiant Opto-Electronics Corp.
ELAN Microelectronics Corp.
SKF AB Class B
Ways Electron Co. Ltd. Class A
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
Last Updated on 15 Jan, 2021
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