Results Summary
Latest Update : Aug.6, 2026
Back to Financial Results (FY3/2027)
Overview for Q1 of FY 3/2027 (From April 1, 2026 to June 30, 2026)
During the three months ended June 30, 2026, the global economy remained on a moderate recovery trend overall, but showed varying trends by region due to factors such as persistently high energy prices resulting from heightened tensions in the Middle East.
The Japanese economy remained on a moderate recovery trend, supported by steady corporate capital investment aimed at the introduction of robotics and AI, as well as a favorable income environment characterized by solid wage increases.
The U.S. economy generally maintained its resilience, supported by the expansion of capital expenditures, particularly in the AI sector, as well as solid corporate earnings. Personal consumption also remained firm against the backdrop of low unemployment rates. The European economy was underpinned by personal consumption supported by a favorable employment environment. However, persistently high energy prices weighed on service industries such as transportation and tourism, causing the pace of economic recovery to slow. The Chinese economy was driven by exports of EVs and related components. However, it lacked momentum due to the slump in the real estate market and a reactionary decline in infrastructure investment. The economies of Southeast Asian countries remained firm, supported by strong exports of electronic components and a favorable employment environment. However, in Thailand and the Philippines, delays in tourism recovery weighed on growth, and the pace of economic recovery remained moderate.
Working against this backdrop, the MinebeaMitsumi Group (our "Group") concentrated on improving productivity, thoroughly cutting costs, creating high-value-added products, developing new technologies, and enhancing its marketing approach to achieve sustainable growth and boost profitability further.
As a result, net sales increased by 59,642 million yen (16.3%) year on year to 426,567 million yen. Operating income increased by 8,881 million yen (50.9%) year on year to 26,313 million yen, profit before income taxes increased by 14,223 million yen (91.2%) to 29,812 million yen, and profit for the period attributable to owners of the parent increased by 10,409 million yen (95.6%) to 21,298 million yen.
Performance by Segment for Q1 of FY 3/2027 (From April 1, 2026 to June 30, 2026)
In addition, some classifications between "Precision Technologies segment" and "Motor, Lighting & Sensing segment", as well as between "Semiconductor & Electronics segment" and "Access Solutions segment" have been changed from the first three months of the fiscal year. The segment information disclosed for the first three months of the previous year has been prepared based on the classification of reporting segments after the corporate organization change.
Precision Technologies Segment
The main products in the Precision Technologies segment include our Group's anchor product line, ball bearings, in addition to mechanical components such as rod-end bearings used mainly in aircraft and hard disk drive (HDD) pivot assemblies, etc., fasteners for aircraft, and special devices. Sales of ball bearings, our Group's mainstay product, increased due to steady demand for servers for data centers. In addition, sales of rod-end bearings also increased due to growing demand for use in aircraft.
As a result, net sales increased by 15,744 million yen (23.7%) year on year to 82,048 million yen, and operating income increased by 4,861 million yen (34.1%) to 19,119 million yen.
Motor, Lighting & Sensing Business
The main products in the Motor, Lighting & Sensing segment include electronic devices such as LED backlights for LCDs and smart products, as well as HDD spindle motors, sensing devices (measuring components), stepping motors, DC motors, fan motors, and automotive motors. Sales increased mainly due to an increase in demand for HDD spindle motors and fan motors.
As a result, net sales increased by 20,877 million yen (20.1%) year on year to 124,521 million yen, and operating income increased by 2,789 million yen (58.3%) to 7,567 million yen.
Semiconductor & Electronics Business
The main products in Semiconductor & Electronics segment include semiconductor devices, optical devices, mechanical components, and power supply components. Sales increased mainly due to an increase in sales of optical devices.
As a result, net sales increased by 17,007 million yen (14.5%) year on year to 134,217 million yen, and operating income increased by 3,761 million yen (168.3%) to 5,995 million yen.
Access Solutions Business
The main products in the Access Solutions segment include key sets, door latches, door handles, and other automotive components as well as industrial equipment components. Sales increased due to an increase in automobile production by major customers. However, operating income decreased due to structural reforms in Europe.
As a result, net sales increased by 5,560 million yen (7.0%) year on year to 84,459 million yen, while operating income decreased by 2,656 million yen (-97.3%) to 72 million yen.
Other Business Segment
Software design and development, and machines produced in-house are the main products in our Other business segment.
Net sales increased by 454 million yen (52.1%) year on year to 1,322 million yen, while operating loss increased by 195 million yen year on year to 646 million yen.
In addition to the figures noted above, 5,794 million yen in corporate expenses, etc. not attributable to any particular segment is indicated as adjustments. The total amount of adjustments was 6,115 million yen for the same period of the previous fiscal year.
Analysis of Financial Position for Q1 of FY 3/2027 (From April 1, 2026 to June 30, 2026)
Assets, Liabilities, and Net Assets
Our Group sees "strengthening our financial position" as a top priority and is taking various steps, such as efficient controlling of capital investments, asset management, and reducing interest-bearing debt. We will reform our portfolio to increase the weight of our highly profitable core businesses and engage in highly effective M&A, promoting an appropriate and flexible financial strategy.
Total assets at the end of the three months were 1,883,080 million yen, an increase of 68,243 million yen from the end of the previous fiscal year. The main reason for this was an increase in cash and cash equivalents, inventories, and property, plant and equipment.
Total liabilities at the end of the three months were 944,269 million yen, an increase of 40,463 million yen from the end of the previous fiscal year. The main reason for this was an increase in trade and other payables.
Equity amounted to 938,811 million yen, and the equity ratio attributable to owners of the parent was 49.2%, a decrease of 0.3 percentage points from the end of the previous fiscal year.
Condition of Cash Flows
Cash and cash equivalents at the end of the three months were 241,782 million yen, an increase of 14,260 million yen from the end of the previous fiscal year.
Cash flows from each business activity during the three months ended June 30, 2026, and relevant factors were as follows:
Net cash provided by operating activities amounted to 47,462 million yen (compared to 23,293 million yen in the same period of the previous fiscal year). This was primarily due to profit before income taxes, depreciation and amortization, and changes in inventories and trade and other receivables. Net cash used in investing activities amounted to 30,674 million yen (compared to 19,009 million yen in the same period of the previous fiscal year). This was primarily due to purchase of property, plant and equipment. Net cash used in financing activities amounted to 5,863 million yen (compared to 38,554 million yen provided by financing activities in the same period of the previous fiscal year). This was primarily due to dividends paid.
The content of this page is based on information included in the " Brief Report for First Quarter of Fiscal Year Ending March 2027 (From April 1, 2026 to June 30, 2026)" announced on August 5, 2026.
