2018

Nov.7, 2018

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MINEBEA MITSUMI Inc.

Notice Regarding Dividends on Surpluses (Interim Dividend) and Revised Year-end Dividend Forecast

MINEBEA MITSUMI Inc. announced that the Board of Directors has today made a resolution as shown below regarding the payment of dividends from surplus (interim dividend) with a date of record of September 30, 2018.
The Company also announced that it has revised the dividend forecast announced on May 8, 2018 for the fiscal year ending March 31, 2019.

1. Details of Dividend

  Amount decided Most recent dividend forecast announcement
(announced May 8, 2018)
Results for the previous fiscal year
(interim dividend in the fiscal year ended March 31, 2017)
Record date September 30, 2018 Same as left September 30, 2017
Dividends per share 14.00 yen Undecided 13.00 yen
Total dividends 5,877 million yen 5,447 million yen
Effective date December 3, 2018 December 4, 2017
Funding for dividends Retained earnings Retained earnings

2. Details of Change of the Dividend Forecast

  Annual dividend
End of second quarter Year-end For the year
Previous forecast
(announced on May 8, 2018)
Undecided Undecided Undecided
Revised forecast 14.00 yen 28.00 yen
Results for the current fiscal year 14.00 yen
Results for the previous fiscal year
(ended March 31, 2018)
13.00 yen 13.00 yen 26.00 yen

3. Reasons for Revisions

Sharing profits with our shareholders is job one at MinebeaMitsumi. That's why our basic dividend policy gives priority to enhancing equity efficiency and improving returns to our shareholders. Dividends, while reflecting performance, are determined in light of the overall business environment and with an eye to maintaining a stable and continuous distribution of profits.
Working in line with our basic policy, we have increased the interim dividend by 1 yen from what it was last fiscal year to make it 14 yen per share. While we plan to increase the year-end dividend 1 yen over what it was last fiscal year and make it 14 yen per share, we will finalize the amount in light of our performance for this fiscal year with the aim of achieving a consolidated-basis dividend payout ratio of around 20%.

(Note) The forecasts contained in this press release are made based on the information available as of the date of the announcement and 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: Shuji Uehara
Director, Senior Managing Executive Officer
Phone: +81-(0)3-6758-6711
Information in the press releases is current on the date of the announcement.
Product information, contact and other context are subject to change without prior notice.

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