Consolidated Sales and Profit Forecast

* MinebeaMitsumi has adopted International Financial Reporting Standards (IFRS) from the 1Q of FY3/2019.

Forecast for the FY3/2027

Regarding the earnings forecast for the fiscal year ending March 2027, we have maintained the forecasts announced in May for net sales of ¥1.69 trillion and operating profit of ¥120 billion, supported by continued demand from data centers and growth in our core businesses.
Meanwhile, the full-year net profit forecast has been revised upward, reflecting distributions from financial assets held that were recorded in first quarter.
We will continue to expand sales of high value-added products and implement profitability improvement initiatives to drive further growth. In addition, we aim to achieve a fourth consecutive year of sales and profit growth by capturing the benefits of our portfolio transformation and structural reforms.

Forecast for the Consolidated Sales and Operating Income by Business Segment

Precision Technologies (PT) segment is expected to continue delivering strong performance, supported by demand for bearings, particularly from data center applications, which has exceeded expectations. Both average production and external sales volumes reached record highs in 1Q. To meet growing demand over the mid to long term, we are expanding production capacity through investments in existing facilities and new plants. In the aerospace business, profitability is improving, supported by robust aircraft demand and price adjustments, with further improvement expected from the second half onward. Against this backdrop, we are targeting operating profit of ¥70 billion in FY3/2027.

Motor, Lighting & Sensing (MLS) segment is seeing strong growth in sales of high value added fan motors, particularly for AI servers, driving earnings growth in the motor business. Demand for spindle motors used in HDDs also remains strong, supported by increased production capacity through additional investments and further requests from customers to increase production. In addition, Battery Protection Modules (BPM) continue to perform strongly, while adoption of sensors for robotics applications is steadily progressing. With multiple product lines contributing to growth, the segment is well positioned for further earnings expansion.

Semiconductor & Electronics (SE) segment continues to implement initiatives to improve profitability in the semiconductor business, aiming to achieve monthly profitability at Shiga Plant within this fiscal year. Meanwhile, the transition to new models in optical devices is progressing smoothly. We will continue to ensure a smooth ramp up of optical devices and improve profitability in the semiconductor business to meet the current forecast.

Access Solutions (AS) segment continues to face a challenging business environment in the automotive market, particularly in China and Europe. However, we are expanding sales of integrated products that combine multiple technologies, including Winglets (Wing handles). In addition, our diversified business portfolio across regions and applications is supporting earnings, with solid performance in the United States and the Asia Pacific region, as well as in automotive devices, industrial machinery and the two wheel business. Despite recording structural reform expenses in 1Q, the segment remained profitable and will continue its efforts to meet the current forecast.

Capital Expenditure, Depreciation, Research and Development Costs

Foreign Exchange

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