2017
Aug.4, 2017
MINEBEA MITSUMI Inc.
Notice Regarding Revisions to Half-Year and Full-Year Consolidated Business Forecasts for Fiscal Year Ending March 31, 2018
MINEBEA MITSUMI Inc. announced today that it has revised the half-year and full-year consolidated business forecasts announced on May 9, 2017 for the fiscal year ending March 31, 2018 (from April 1, 2017 to March 31, 2018) in light of recent business conditions.
1. Revisions to the Half-Year Consolidated Business Forecast for the Fiscal Year Ending March 31, 2018 (from April 1, 2017 to September 30, 2017)
| Net sales | Operating income | Ordinary income | Income attributable to owners of the parent | Net income per share |
|
|---|---|---|---|---|---|
| millions of yen | millions of yen | millions of yen | millions of yen | yen | |
| Previous forecast (A) (announced on May 9, 2017) |
376,400 | 26,300 | 25,800 | 19,400 | 45.83 |
| Revised forecast (B) | 436,400 | 37,300 | 36,800 | 28,700 | 67.78 |
| Difference (B-A) | 60,000 | 11,000 | 11,000 | 9,300 | — |
| Difference (%) | 15.9 | 41.8 | 42.6 | 47.9 | — |
| (Reference) Results for the fiscal half-year ended September 30, 2016 | 275,133 | 18,594 | 18,915 | 12,745 | 34.01 |
2. Revisions to the Full-Year Consolidated Business Forecast for the Fiscal Year Ending March 31, 2018 (from April 1, 2017 to March 31, 2018)
| Net sales | Operating income | Ordinary income | Income attributable to owners of the parent | Net income per share |
|
|---|---|---|---|---|---|
| millions of yen | millions of yen | millions of yen | millions of yen | yen | |
| Previous forecast (A) (announced on May 9, 2017) |
750,000 | 56,000 | 55,000 | 41,500 | 98.03 |
| Revised forecast (B) | 810,000 | 67,000 | 66,000 | 50,800 | 119.97 |
| Difference (B-A) | 60,000 | 11,000 | 11,000 | 9,300 | — |
| Difference (%) | 8.0 | 19.6 | 20.0 | 22.4 | — |
| (Reference) Results for the fiscal year ended March 31, 2017 | 638,926 | 49,015 | 48,393 | 41,146 | 107.33 |
3. Reasons for Revisions
The half-year and full-year consolidated business forecasts for the fiscal year ending March 31, 2018 have been revised in light of the expected results of the first quarter for the said fiscal year and recent trends of orders received.
(Note) The business forecasts contained in this press release are made based on information available as of the date of the announcement. The actual results may differ from the forecasts due to a variety of factors in the days to come.
| Company Name: | MINEBEA MITSUMI Inc. |
|---|---|
| Representative: | Yoshihisa Kainuma Representative Director, CEO & COO (Code No. 6479, TSE Div. No.1) |
| Contact: | Hiromi Yoda Director, Senior Managing Executive Officer |
| Phone: | +81-(0)3-6758-6711 |
Product information, contact and other context are subject to change without prior notice.
