Information by Region and User Industry

Latest Update : Feb.16, 2024

* MinebeaMitsumi has adopted International Financial Reporting Standards (IFRS) from the 1Q of FY3/2019.

Sales by Region

		FY3/2019	FY3/2020^*2	FY3/2021^*3	FY3/2022	FY3/2023^*4
Japan	millions of yen	321,317	331,587	337,830	334,076	367,067
Distribution Ratio	%	36.3%	33.9%	34.2%	29.7%	28.4%
China	millions of yen	213,558	229,921	215,471	233,051	225,878
Distribution Ratio	%	24.1%	23.5%	21.8%	20.7%	17.5%
Thailand	millions of yen	43,059	54,709	66,365	86,487	76,009
Distribution Ratio	%	4.9%	5.6%	6.8%	7.7%	5.9%
Korea	millions of yen	-	-	-	29,427	150,755
Distribution Ratio	%	-	-	-	2.6%	11.7%
Europe	millions of yen	77,193	150,538	134,737	134,484	137,320
Distribution Ratio	%	8.7%	15.4%	13.6%	12.0%	10.6%
America	millions of yen	115,671	97,349	91,525	210,765	216,938
Distribution Ratio	%	13.1%	9.9%	9.3%	18.7%	16.8%
Other^*5	millions of yen	113,925	114,340	142,496	95,850	118,236
Distribution Ratio	%	12.9%	11.7%	14.4%	8.6%	9.1%
Total	millions of yen	884,723	978,445	988,424	1,124,140	1,292,203
Distribution Ratio	%	100.0%	100.0%	100.0%	100.0%	100.0%

		FY3/2019^*1	FY3/2020^*2	FY3/2021^*3	FY3/2022	FY3/2023^*4
Japan	millions of yen	59,865	120,560	142,591	170,122	210,950
Distribution Ratio	%	6.8%	12.3%	14.4%	15.1%	16.3%
Thailand	millions of yen	319,901	325,864	293,936	317,399	291,645
Distribution Ratio	%	36.2%	33.3%	29.7%	28.2%	22.6%
Cambodia	millions of yen	22,495	18,358	19,991	25,176	35,256
Distribution Ratio	%	2.5%	1.9%	2.0%	2.2%	2.7%
Singapore	millions of yen	15,999	9,484	7,110	8,572	8,505
Distribution Ratio	%	1.8%	1.0%	0.7%	0.8%	0.7%
China	millions of yen	237,748	243,218	278,383	265,661	277,018
Distribution Ratio	%	30.9%	24.9%	28.2%	23.6%	21.4%
The Philippines	millions of yen	96,068	112,456	118,699	200,135	291,832
Distribution Ratio	%	10.9%	11.5%	12.0%	17.8%	22.6%
Other	millions of yen	13,608	13,863	12,310	12,784	14,054
Distribution Ratio	%	1.5%	1.4%	1.2%	1.2%	1.1%
Asia (excluding Japan)	millions of yen	741,819	723,243	730,429	829,727	918,309
Distribution Ratio	%	83.9%	73.9%	73.9%	73.8%	71.1%
Europe	millions of yen	42,002	82,593	72,688	81,561	99,320
Distribution Ratio	%	4.8%	8.4%	7.4%	7.3%	7.7%
Americas	millions of yen	41,036	52,047	42,716	42,729	63,623
Distribution Ratio	%	4.6%	5.3%	4.3%	3.8%	4.9%
Total	millions of yen	884,723	978,445	988,424	1,124,140	1,292,203
Distribution Ratio	%	100.0%	100.0%	100.0%	100.0%	100.0%

		FY3/2019	FY3/2020^*2	FY3/2021	FY3/2022	FY3/2023
Automobile	%	16%	25%	23%	22%	27%
Aerospace	%	6%	6%	4%	4%	4%
Home electronics	%	6%	5%	5%	5%	5%
OA & IT	%	29%	28%	24%	25%	27%
PC and related products	%	10%	9%	10%	13%	8%
Motors	%	3%	2%	3%	3%	2%
Other	%	30%	25%	31%	28%	27%
Total	%	100%	100%	100%	100%	100%

*1 Due to review of calculation method, production by region of FY3/2019 was changed.
*2 U-Shin Ltd. has been included in the scope of consolidation since April 10, 2019. In 1Q of FY3/2020, Access Solutions does not include April 1-9.
*3 ABLIC Inc. has been included in the scope of consolidation since April 30, 2020.
*4 We have included the following companies in the scope of consolidation;
HONDA TSUSHIN KOGYO CO., LTD. since September 16, 2022
Minebea Connect Inc. (formerly SUMIKO TEC CO., LTD.) since November 1, 2022
Minebea AccessSolutions Inc. (formerly Honda Lock Mfg. Co., Ltd.) since January 27, 2023
*5 Others include Korea until the end of the FY ended March 31, 2021.

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