2021
Feb.5, 2021
MINEBEA MITSUMI Inc.
Notice Regarding Revised Year-end Dividend Forecast
MINEBEA MITSUMI Inc. (MinebeaMitsumi) announced today that it has revised dividend forecast announced on November 6, 2020 for the fiscal year ending March 31, 2021 (from April 1, 2020 to March 31, 2020).
1. Details of Change of the Dividend Forecast
| Dividend per share (yen) | |||
|---|---|---|---|
| End of second quarter | Year-end | For the year | |
| Previous forecast (announced on November 6, 2020) |
− | Undecided | Undecided |
| Revised forecast | − | 14.00 yen | 28.00 yen |
| Results for the current fiscal year | 14.00 yen | − | − |
| Results for the previous fiscal year (ended March 31, 2020) |
14.00 yen | 14.00 yen | 28.00 yen |
2. Reasons for Revisions
Sharing profits with our shareholders is first priority at MinebeaMitsumi. That is why our basic dividend policy gives priority to enhancing equity efficiency and improving returns to our shareholders. Dividends, while reflecting performance, are determined in light of the overall business environment and with an eye to maintaining a stable and continuous distribution of profits.
Under this basic policy, we made the interim dividend 14 yen per share. We foresee the year-end dividend of 14 yen per share.
(Note)The forecasts contained in this press release are made based on the information available as of the date of the announcement and 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: | Katsuhiko Yoshida Director, Senior Managing Executive Officer |
| Phone: | +81-(0)3-6758-6711 |
Product information, contact and other context are subject to change without prior notice.
