Briefing on items on the agenda
Latest Update : July 31, 2026
Back to Shareholders' Meetings (Year 2026)
The 80th Ordinary General Meeting of Shareholders
Business Report
We now report MinebeaMitsumi's business results for its 80th fiscal year.
More information is provided on page 21 through 78 of the Notice of the 80th Ordinary General Meeting of Shareholders.
Brief Explanation of the Current Business Environment
During the consolidated fiscal year, the global economy showed diverse performance results across countries and regions amid growing uncertainty about the outlook against the backdrop of the imposition of reciprocal tariffs by the U.S. and heightened geopolitical risks.
The Japanese economy saw steady personal consumption backed by wage raises, and capital investment for labor saving and digital transformation (DX) has also remained robust. The U.S. economy remained solid overall, as corporate activity stayed strong, driven by an expansion in capital investment primarily relating to artificial intelligence (AI), while there were some signs of personal consumption slowing, with the passthrough of tariff increases pushing prices higher. The European economy showed signs of recovery in the manufacturing sector, supported by personal consumption buoyed by a favorable employment environment, although exports to the U.S. declined because of the effect of U.S. tariff measures. The Chinese economy remained slow overall, affected by a prolonged slowdown in the real estate market, while exports of semiconductors and computer parts remained firm, backed by robust global demand for AI, as did car exports due to the easing of tariff measures. The economies of Southeast Asian countries vary from country to country.
In Thailand and the Philippines, exports of goods showed improvement, but the economy recovered only at a moderate pace affected by, among other factors, delays in government spending in both countries.
Current Fiscal Year Results on Consolidated Basis
Working against this backdrop, the MinebeaMitsumi Group (the "Group") has focused on improving productivity, thoroughly cutting costs, creating high-value-added products, developing new technologies, and expanding sales to achieve sustainable growth and boost profitability.
As a result, net sales were up 141,684 million yen (9.3%) year on year to 1,664,387 million yen. Operating income was up 9,497 million yen (10.1%) year on year to 103,979 million yen, profit before income taxes was up 51,170 million yen (61.9%) year on year to 133,779 million yen, and profit for the year attributable to owners of the parent was up 39,577 million yen (66.6%) year on year to 99,034 million yen.
Business Results by Segment
From the current consolidated fiscal year, some categories were changed in "Motor, Lighting & Sensing Business" and "Semiconductor & Electronics segment," as a result of organizational change. Segment information for the previous fiscal year is disclosed based on the classification after the reorganization.
Precision Technologies Segment
The main products in our Group's Precision Technologies segment include our Group's anchor product line, ball bearings, in addition to mechanical components such as rod-end bearings used in aircraft and hard disk drive (HDD) pivot assemblies, etc. as well as fasteners for aircraft. Sales of ball bearings, our Group's mainstay product, increased due to steady demand for servers for data centers and use in aircraft.
As a result, net sales were up 25,449 million yen (10.0%) year on year to 281,151 million yen, and operating income was up 6,549 million yen (11.8%) year on year to 62,245 million yen.
Motor, Lighting & Sensing Segment
The main products of our Group's Motor, Lighting & Sensing segment include electronic devices (devices such as LED backlights for LCDs, smart products, etc.), HDD spindle motors, sensing devices (measuring components), stepping motors, DC motors, air movers, automotive motors, and special devices. Sales increased mainly due to an increase in demand for fan motors.
As a result, net sales were up 29,573 million yen (6.9%) year on year to 456,517 million yen, and operating income was up 1,547 million yen (6.1%) year on year to 26,929 million yen.
Semiconductor & Electronics Segment
The main products in the Semiconductor & Electronics business segment are semiconductor devices, optical devices, mechanical components, and power supply components. Sales increased mainly due to an increase in sales of mechanical components.
As a result, net sales were up 81,818 million yen (16.1%) year on year to 590,263 million yen, and operating income was up 7,060 million yen (36.0%) year on year to 26,669 million yen.
Access Solutions Segment
The main products of the Access Solutions business segment are key sets, door latches, door handles, and other automotive components as well as industrial equipment components. Sales increased due to an increase in demand for communication antennas and industrial equipment components.
As a result, net sales were up 4,168 million yen (1.3%) year on year to 332,249 million yen, and operating income was up 1,163 million yen (7.3%) year on year to 17,087 million yen.
Other Business Segment
Main products of Other Businesses segment include software design, development, and machines produced in-house.
Net sales were up 676 million yen (19.2%) year on year to 4,207 million yen (composition ratio to sales: 0.2%), and operating income was down 1,463 million yen for an operating loss of 2,657 million yen (composition ratio to operating income: -2.5%).
Capital Expenditures
During the fiscal year under review, capital expenditures were 10,275 million yen for the Precision Technologies business, 15,775 million yen for the Motor, Lighting & Sensing business, 25,372 million yen for the Semiconductor & Electronics business, 20,427 million yen for the Access Solutions business, 4,498 million yen for the Other businesses, and 20,114 million yen for the whole company (common), totaling 96,461 million yen. The main capital expenditures for the Precision Technologies business were equipment to increase production of ball bearing, etc. in Thailand. The main capital expenditures for the Motor, Lighting & Sensing business were equipment for motor-related facilities, etc. in Thailand and Cambodia. The main capital expenditures for the Semiconductor & Electronics business were optical devices related facilities, etc. in the Philippines and semiconductor related facilities, etc. in Japan. The main capital expenditures for the Access Solutions business were equipment for automotive related facilities in Europe and China.
Capital expenditures included 8,727 million yen for intangible assets and an increase of 10,483 million yen in right-of-use assets in line with new lease agreements under the application of IFRS 16 "Leases."
Consolidated Statements of Financial Position and Consolidated Statements of Income
Balance Sheets and Statements of Income and Balance Sheet and Income Statement
The Consolidated Statements of Financial Position and Consolidated Statements of Income are as shown on pages 45 to 46 of the Notice of the 80th Ordinary General Meeting of Shareholders, and our Non-Consolidated Balance Sheet and Non-Consolidated Statement of Income are as shown on pages 47 to 48, so we will not provide an explanation of these matters.
