2015
July 29, 2015
Minebea Co., Ltd.
Notice Regarding Today's Newspaper Article
In the Nikkei Shimbun newspaper article today, there is a report on the consolidated business results of Minebea Co., Ltd. ("Minebea") for the first quarter of the fiscal year ending March, 31, 2016, stating that net sales of approximately 130 billion yen and operating income of around 12 billion yen are forecast for the quarter. The information was not announced by the Company.
As for the result of operations for the first quarter of the fiscal year ending March 31, 2016, the actual numbers to be disclosed are being carefully examined; however, they are expected to be substantially in line with the reported data in the article.
The article also reported about the annual dividend expected to be paid out. Minebea has announced on May 8, 2015 that it aims at increasing the consolidated-basis payout ratio to around 20%. However, the Company has not decided the specific amount officially by the Board of Directors at the present time.
The release of financial results for the first quarter of fiscal year ending March 31, 2016 is scheduled on July 31, 2015.
Company Name: | Minebea Co., Ltd. |
Representative: | Yoshihisa Kainuma Representative Director, President and Chief Executive Officer (Code No. 6479, TSE Div. No.1) |
Contact: | Yasuo Komine General Manager Corporate Communications Office |
Phone: | +81-(0)3-6758-6703 |
Product information, contact and other context are subject to change without prior notice.