2024
Feb.2, 2024
MINEBEA MITSUMI Inc.
Notice Regarding Revised Year-end Dividend Forecast
MINEBEA MITSUMI Inc. (MinebeaMitsumi) announced today that it has revised dividend forecast announced on November 2, 2023 for the fiscal year ending March 31, 2024 (from April 1, 2023 to March 31, 2024).
1. Details of Change of the Dividend Forecast
| Dividend per share (yen) | |||
|---|---|---|---|
| End of second quarter | Year-end | For the year | |
| Previous forecast (announced on November 2, 2023) |
− | Undecided | Undecided |
| Revised forecast | − | 20.00 yen | 40.00 yen |
| Results for the current fiscal year | 20.00 yen | − | − |
| Results for the previous fiscal year (ended March 31, 2023) |
20.00 yen | 20.00 yen | 40.00 yen |
2. Reasons for Revisions
Sharing profits with our shareholders is first priority at MinebeaMitsumi. That is why its basic dividend policy gives priority to enhancing equity efficiency and improving returns to our shareholders. Dividends, while reflecting performance, are determined in light of the overall business environment and with an eye to maintaining a stable and continuous distribution of profits.
Based on the basic policy above, we made the interim dividend 20 yen per share. The year-end dividend will be 20 yen per share at the same level as the previous year.
(Note)The forecasts contained in this press release are made based on the information available as of the date of the announcement and 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, Chairman CEO (Code No. 6479, TSE Prime) |
| Contact: | Katsuhiko Yoshida Director, President COO & CFO |
| Phone: | +81-(0)3-6758-6711 |
Product information, contact and other context are subject to change without prior notice.
