May 8, 2020
MINEBEA MITSUMI Inc.
Notice Regarding Differences between Non-consolidated Earnings for Fiscal Year Ended March 31, 2020 and those for Previous Fiscal Year
MINEBEA MITSUMI Inc. hereby announces the differences between its non-consolidated earnings for Fiscal Year Ended March 31, 2020 (from April 1, 2019 to March 31, 2020) and those for Previous Fiscal Year, as follows:
1. Differences between the Full-Year Non-Consolidated Earnings for Fiscal Year Ended March 31, 2020 (from April 1, 2019 to March 31, 2020) and those for Previous Fiscal Year
|Net sales||Operating income||Ordinary income||Net income||Net income
|millions of yen||millions of yen||millions of yen||millions of yen||yen|
|Results for Previous Fiscal Year (A)||576,304||5,842||30,691||27,751||66.40|
|Results for Fiscal Year March 31, 2020 (B)||571,385||10,317||18,927||14,666||35.45|
2. Reasons for the Differences
Regarding the non-consolidated earnings for the fiscal year ended March 31, 2020, operating income increased mainly due to decrease in costs resulting from termination of the "Trust-type Employee Shareholding Incentive Plan." On the other hand, ordinary income and net income decreased due to decreases in dividends from subsidiaries in order to improve their financial liquidity.
|Company Name:||MINEBEA MITSUMI Inc.|
CEO & COO
(Code No. 6479, TSE Div. No. 1)
Director, Senior Managing Executive Officer
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