Nov.5, 2021



Notice Regarding Dividends on Surpluses (Interim Dividend)
and Revised Year-end Dividend Forecast

MINEBEA MITSUMI Inc. announced that the Board of Directors has today made a resolution as shown below regarding the payment of dividends from surplus (interim dividend) with a date of record of September 30, 2021.

The Company also announced that it has revised the dividend forecast announced on August 4, 2021 for the fiscal year ending March 31, 2022.

1. Details of Interim Dividend

  Amount decided Most recent dividend forecast announcement
(announced August 4, 2021)
Results for the previous fiscal year
(interim dividend in the fiscal year ended March 31, 2021)
Record date September 30, 2021 Same as left September 30, 2020
Dividends per share 18.00 yen Undecided 14.00 yen
Total dividends 7,291 million yen 5,718 million yen
Effective date November 29, 2021 November 30, 2020
Funding for dividends Retained earnings Retained earnings

2. Details of Change of the Year-end Dividend Forecast

  Annual dividend
End of second quarter Year-end For the year
Previous forecast
(announced on August 4, 2021)
Undecided Undecided Undecided
Revised forecast 18.00 yen 36.00 yen
Results for the current fiscal year 18.00 yen
Results for the previous fiscal year
(ended March 31, 2021)
14.00 yen 22.00 yen 36.00 yen

3. 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, have been determined in light of the overall business environment and with an eye to maintaining a stable and continuous distribution of profits.

Based on this basic policy, the interim dividend for the current fiscal year will be increased by 4 yen compared to the previous fiscal year, bringing it to 18 yen per share. In addition, the year-end dividend will be increased 4 yen compared to the previous fiscal year (excluding the 70th anniversary commemorative dividend of 8 yen), bringing it to 18 yen per share. Considering the results this fiscal year, the dividends payout ratio will be set at around 20%.

(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,
(Code No. 6479, TSE Div. No. 1)
Contact: Katsuhiko Yoshida
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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