Financial Highlights

Latest Update : June 18, 2024

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

		FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q	FY3/2024 4Q
Net sales	millions of yen	339,718	292,370	379,747	381,207	348,803
Operating income	millions of yen	31,449	6,743	21,747	24,704	20,342
Operating margin	%	9.3%	2.3%	5.7%	6.5%	5.8%
Profit before income taxes	millions of yen	30,207	8,502	23,027	21,414	22,602
Profit before income taxes margin	%	8.9%	2.9%	6.1%	5.6%	6.5%
Profit for the period attributable to owners of the parent	millions of yen	30,125	4,109	16,387	15,212	18,327
Profit for the period attributable to owners of the parent margin	%	8.9%	1.4%	4.3%	4.0%	5.3%

Per Share

		FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q	FY3/2024 4Q
Earnings per share, basic (EPS)	yen	73.39	10.06	40.22	37.62	45.32
Earnings per share, diluted	yen	73.05	10.06	40.22	37.62	45.32
Cash dividends per share	yen	20.00	-	20.00	-	20.00
Book-value per share (BPS)	yen	1,540.53	1,595.67	1,657.73	1,645.47	1,741.25
Total weighted average number of shares outstanding^*2	shares	410,446,368	408,381,083	407,375,646	404,386,916	404,386,472
Number of shares outstanding at the end of each period^*2	shares	408,381,229	408,380,960	406,256,578	404,386,776	404,386,337

		FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q	FY3/2024 4Q
EBITDA^*3	millions of yen	46,019	20,909	36,270	40,223	34,493
EBITDA margin^*3	%	13.5%	7.2%	9.6%	10.6%	9.9%
Interest-bearing debt^*4	millions of yen	354,331	357,201	382,321	383,847	362,383
Net interest-bearing debts^*4	millions of yen	201,671	193,695	234,739	237,634	208,564
Net D/E ratio^*4	X	0.3	0.3	0.3	0.4	0.3
Equity ratio	%	48.4%	48.0%	47.4%	47.5%	49.7%
Cash flows from operating activities	millions of yen	37,025	33,663	-7,064	37,200	37,961
Cash flows from investing activities	millions of yen	6,391	-17,704	-28,600	-22,875	-7,121
Cash flows from financing activities	millions of yen	-30,704	-10,123	18,107	-13,117	-25,075
Free cash flows	millions of yen	43,416	15,959	-35,664	14,325	30,840

		FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q	FY3/2024 4Q
Depreciation and amortization	millions of yen	14,570	14,166	14,523	15,519	14,151
Capital expenditures	millions of yen	23,577	22,426	17,943	23,439	19,762
R&D expenses	millions of yen	10,264	10,360	10,586	10,820	10,896
Ratio of R&D expenses to revenue	%	3.0%	3.5%	2.8%	2.8%	3.1%

*1 We have included the following companies in the scope of consolidation;
HONDA TSUSHIN KOGYO CO., LTD. since September 16, 2022
Minebea Connect Inc. (formerly SUMIKO TEC CO., LTD.) since November 1, 2022
Minebea AccessSolutions Inc. (formerly Honda Lock Mfg. Co., Ltd.) since January 27, 2023
*2 Number of outstanding shares : Total number of shares issued - Treasury stock
*3 EBITDA : Operating income + Depreciation and amortization
*4 Net interest-bearing debts = "Bonds and borrowings" - ("Cash and cash equivalents" + Time deposit more than 3 months)

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