2024
May 10, 2024
MINEBEA MITSUMI Inc.
Notice Regarding Differences between Non-consolidated Earnings for Fiscal Year Ended March 31, 2024 and those for Previous Fiscal Year
MINEBEA MITSUMI Inc. hereby announces the differences between its non-consolidated earnings for fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024) and those for previous fiscal year, as follows:
1. Differences between the Full-Year Non-Consolidated Earnings for Fiscal Year Ended March 31, 2024 (from April 1, 2023 to March 31, 2024) 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) |
723,447 | 1,178 | 20,304 | 31,244 | 76.12 |
| Results for Fiscal Year March 31, 2024 (B) | 794,423 | (6,149) | 6,175 | 6,749 | 16.62 |
| Difference (B-A) | 70,976 | (7,328) | (14,128) | (24,494) | − |
| Difference (%) | 9.8 | (621.6) | (69.6) | (78.4) | − |
2. Reasons for the Differences
Regarding the Full-Year Non-Consolidated Earnings for Fiscal Year Ended March 31, 2024, although net sales remained at the same level as the previous year, operating income declined significantly due to fluctuations of the product mix caused by the slowdown of the market mainly for the data center. In addition, ordinary income decreased due to a reduction of dividends from subsidiaries to ensure liquidity, and net income decreased due to a lack of the extraordinary income incurred in the previous fiscal year.
| 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.
