May 15, 2020



Notice Regarding Dividends on Surpluses and Earlier Start Date of Payment

MINEBEA MITSUMI Inc. (the "Company") announces that a meeting of the Board of Directors held on May 15, 2020 made a resolution as shown below regarding the payment of dividends from surplus with a date of record of March 31, 2020.

1. Details of Dividend

  Amount decided Most recent dividend forecast
(announced May 8, 2020)
Results for the previous fiscal year
(ended March 31,2019)
Record date March 31, 2020 Same as left March 31, 2019
Dividends per share 14.00 yen Same as left 14.00 yen
Total dividends 5,717,662,692 yen 5,811,842,022 yen
Effective date June 3, 2020 June 28, 2019
Funding for dividends Retained earnings Retained earnings

(Note) In accordance with the provisions of Article 459, paragraph 1 of the Companies Act, we stipulate in our articles of incorporation that the Company may determine dividends of surplus by a resolution of the Board of Directors.

2. Reasons

Comprehensively taking into account the business environment and maintaining a continuous, stable profit distribution, the Company sets the basic policy under which it gives top priority to improving the efficiency of shareholders' equity and distributing more profit to shareholders, thereby returning its profits to shareholders commensurate with its business performance.
Based on the policy, the Board of Directors' meeting held on May 15, 2020 made a resolution to pay a year-end dividend of 14 yen per share for the purpose of early payment to shareholders. Since the interim dividend of 14 yen has been distributed, the annual dividend for the fiscal year under review would be 28 yen per share (total annual dividends for the fiscal year under review: 11,529,496,370 yen).

  Dividends per share
Record date Interim Year-end Total
Fiscal year ended March 31,2020 14.00 yen 14.00 yen 28.00 yen
Fiscal year ended March 31,2019 14.00 yen 14.00 yen 28.00 yen

3. Earlier start date of payment

We will send the important documents regarding year-end dividends and carry out dividend payments according to the schedule indicated below.

(1) Date of issuance of important documents regarding year-end dividends Tuesday, June 2, 2020

* Please note that important documents regarding year-end dividends will be enclosed with the "Notice of the 74th Ordinary General Meeting of Shareholders."

* To shareholders who hold shares less than one unit (100 shares), the Company will send only the important documents regarding year-end dividends as of the same date.

(2) Payment start date Wednesday, June 3, 2020
Company Name: MINEBEA MITSUMI Inc.
Representative: Yoshihisa Kainuma
Representative Director, CEO & COO
(Code No. 6479, TSE Div. No. 1)
Contact: Motohide Ishigami
Executive Officer,
Officer in charge of Personnel & General Affairs
Phone: +81-(0)3-6758-6712
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.

Back to Press Release List

Go back to top of this page

Follow Us

Twitter Youtube