2022
Feb.4, 2022
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 November 5, 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 November 5, 2021) |
1,050,000 | 90,000 | 72,000 | 177.69 |
| Revised forecast (B) | 1,100,000 | 92,000 | 72,500 | 178.91 |
| Difference (B-A) | 50,000 | 2,000 | 500 | − |
| Difference (%) | 4.8 | 2.2 | 0.7 | − |
| (Reference) Results for the fiscal year ended March 31, 2021 | 988,424 | 51,166 | 38,759 | 94.95 |
2. Reasons for Revisions
The future of the global economy remains uncertain in the fourth quarter and thereafter, including the impact of COVID-19 and exchange rate fluctuation. In addition to third quarter results exceeding the initial forecast, we expect demand for semiconductor devices, optical devices, ball bearings, and other products to remain strong in the fourth quarter. As such, we have revised the forecast as described above.
(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 |
Product information, contact and other context are subject to change without prior notice.
