Information by Business Segment

Latest Update : Feb.16, 2024

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

Information by Business Segment

FY3/2019FY3/2020*1FY3/2021*2FY3/2022*3FY3/2023*4
Precision Technologies millions of yen 188,324 180,885 157,411 177,470 197,300
Distribution Ratio % 21.3% 18.5% 15.9% 15.8% 15.3%
Motor, Lighting & Sensing millions of yen 387,293 379,422 363,847 371,023 366,275
Distribution Ratio % 43.8% 38.8% 36.8% 33.0% 28.2%
Semiconductors & Electronics millions of yen 308,423 292,243 361,004 429,116 530,079
Distribution Ratio % 34.9% 29.9% 36.5% 38.2% 41.0%
Access Solutions millions of yen - 125,145 105,133 145,577 194,699
Distribution Ratio % - 12.8% 10.7% 12.9% 15.1%
Other millions of yen 683 750 1,029 954 3,850
Distribution Ratio % 0.1% 0.1% 0.1% 0.1% 0.3%
Net sales millions of yen 884,723978,445988,4241,124,1401,292,203
Distribution Ratio % 100.0% 100.0% 100.0% 100.0% 100.0%
Precision Technologies millions of yen 47,750 39,874 31,218 45,717 42,951
Operating income margin % 25.4% 22.0% 19.8% 25.8% 21.8%
Motor, Lighting & Sensing millions of yen 16,922 17,552 17,634 21,561 922
Operating income margin % 4.4% 4.6% 4.8% 5.8% 0.3%
Semiconductors & Electronics millions of yen 22,282 18,656 19,761 41,846 41,644
Operating income margin % 7.2% 6.4% 5.5% 9.8% 7.9%
Access Solutions millions of yen - 2,598 -1,850 732 22,302
Operating income margin % - 2.1% -1.8% 0.5% 11.5%
Other millions of yen -386 -1,502 -1,909 -1,429 -48
Adjustments millions of yen -14,535 -18,531 -13,688 -16,291 -7,300
Operating income millions of yen 72,03358,64751,16692,136100,471
Operating income margin % 8.1%6.0%5.2%8.2%7.8%
graph: Sales by Business Segment for FY3/2018
graph: Sales by Precision Technologies
graph: Operating income by Precision Technologies
graph: Sales by Motor, Lighting & Sensing
graph: Operating income by Motor, Lighting & Sensing
graph: Sales by Semiconductors & Electronics
graph: Operating income by Semiconductors & Electronics
graph: Sales by Access Solutions
graph: Operating income by Access Solutions
  • *1 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.
  • *2 ABLIC Inc. has been included in the scope of consolidation since April 30, 2020.
  • *3 We have changed our business segment classification for some businesses since FY3/2022. For your reference, figures of FY3/2021 are presented based on the classification before the change.
  • *4 As a result of the change in the corporate organization, some classification in "Other" and "Adjustments" have changed from the first quarter of FY3/2023. For your reference, figures of FY3/2022 are presented based on the classification before the change.
    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

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