2023
May 11, 2023
MINEBEA MITSUMI Inc.
Notice Regarding Differences between Non-consolidated Earnings for Fiscal Year Ended March 31, 2023 and those for Previous Fiscal Year
MINEBEA MITSUMI Inc. hereby announces the differences between its non-consolidated earnings for fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023) and those for previous fiscal year, as follows:
1. Differences between the Full-Year Non-Consolidated Earnings for Fiscal Year Ended March 31, 2023 (from April 1, 2022 to March 31, 2023) and those for Previous Fiscal Year
| Net sales | Operating income | Ordinary income | Net income | Net income per share |
|
|---|---|---|---|---|---|
| millions of yen | millions of yen | millions of yen | millions of yen | yen | |
| Results for Previous Fiscal Year (A) |
742,028 | 15,400 | 28,063 | 23,224 | 57.30 |
| Results for Fiscal Year March 31, 2023 (B) | 723,447 | 1,178 | 20,304 | 31,244 | 76.12 |
| Difference (B-A) | (18,581) | (14,221) | (7,759) | 8,019 | − |
| Difference (%) | (2.5) | (92.3) | (27.7) | 34.5 | − |
2. Reasons for the Differences
Regarding the non-consolidated earnings for the fiscal year ended March 31, 2023, although net sales were almost the same as those for the previous fiscal year, operating income significantly decreased due to fluctuations in the product mix by the influence of COVID-19. On the other hand, net income increased due to increases in dividends from subsidiaries in order to improve the financial liquidity.
| Company Name: | MINEBEA MITSUMI Inc. |
|---|---|
| Representative: | Yoshihisa Kainuma Representative Director, Chairman CEO (Code No. 6479, TSE Prime) |
| Contact: | Katsuhiko Yoshida Director, President COO & CFO |
| 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.
Product information, contact and other context are subject to change without prior notice.
