MINEBEA MITSUMI Inc.
Notice Regarding Revisions to Full-Year Consolidated Business Forecasts for Fiscal Year Ending March 31, 2022
MINEBEA MITSUMI Inc. announced today that it has revised the full-year consolidated business forecasts announced on August 4, 2021 for the fiscal year ending March 31, 2022 (from April 1, 2021 to March 31, 2022) in light of recent business conditions.
1. Revisions to the Full-Year Consolidated Business Forecast for the Fiscal Year Ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
|Net sales||Operating income||Profit for the period attributable to owners of the parent||Net income
|millions of yen||millions of yen||millions of yen||yen|
|Previous forecast (A)
(announced on August 4, 2021)
|Revised forecast (B)||1,050,000||90,000||72,000||177.69|
|(Reference) Results for the fiscal year ended March 31, 2021||988,424||51,166||38,759||94.95|
2. Reasons for Revisions
Future economic trends, including trade policies of each country, exchange rates, and geopolitical risks remain uncertain in the third quarter and thereafter.
Under these circumstances, we have reviewed the full-year consolidated forecast according to currently available information and revised it as shown above based on the results from the fiscal half-year ended September 30, 2021 and the most recent situation.
(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.|
CEO & COO
(Code No. 6479, TSE Div. No. 1)
Director, Senior Managing Executive Officer
Product information, contact and other context are subject to change without prior notice.