2017

Aug.4, 2017

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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
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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