2021

Nov.5, 2021

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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
per share
millions of yen millions of yen millions of yen yen
Previous forecast (A)
(announced on August 4, 2021)
1,050,000 87,000 68,000 167.52
Revised forecast (B) 1,050,000 90,000 72,000 177.69
Difference (B-A) 3,000 4,000
Difference (%) 3.4 5.9
(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.
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
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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