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MinebeaMitsumi Inc. (JP:6479)
:6479

MinebeaMitsumi (6479) AI Stock Analysis

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JP:6479

MinebeaMitsumi

(6479)

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Neutral 67 (OpenAI - 4o)
Rating:67Neutral
Price Target:
¥3,628.00
▲(14.16% Upside)
MinebeaMitsumi's overall stock score is driven primarily by its stable financial performance and strong technical indicators. The stock shows bullish momentum, but valuation concerns due to a high P/E ratio and low dividend yield temper the outlook. The absence of earnings call data and corporate events limits further insights.
Positive Factors
Stable Profitability
Maintaining stable profitability indicates operational resilience and effective cost management, which supports long-term business sustainability.
Strong Market Position
Long-term contracts with major OEMs ensure stable revenue streams and reinforce the company's competitive position in key markets.
Operational Efficiency
Consistent EBIT and EBITDA margins reflect effective management and operational efficiency, contributing to sustained profitability.
Negative Factors
Revenue Growth Decline
A decline in revenue growth can signal challenges in market expansion or product demand, potentially impacting future earnings.
Rising Leverage
Increased leverage may limit financial flexibility and increase risk, potentially affecting the company's ability to invest in growth opportunities.
Cash Flow Constraints
Declining free cash flow growth suggests potential liquidity issues, which could hinder the company's ability to fund operations and investments.

MinebeaMitsumi (6479) vs. iShares MSCI Japan ETF (EWJ)

MinebeaMitsumi Business Overview & Revenue Model

Company DescriptionMinebeaMitsumi Inc. manufactures and supplies machined components, and electronic devices and components in Japan, Europe, the United States, Asia, and internationally. It operates through four segments: Machined Components, Electronic Devices and Components, MITSUMI Business, and U-Shin business segment. The company offers bearing products, including miniature and small-sized ball bearings, rod end and spherical bearings, roller bearings, bushings, precision machined parts for aircraft, and medium- and large-sized ball bearings for aerospace use. It also provides bearing-related products, such as pivot assemblies and precision mechanical assemblies; and fasteners, defense related special components, and electromagnetic clutches and brakes. In addition, the company offers rotary components comprising fan motors, blowers, hybrid type stepping motors, PM stepping motors, small diameter/high speed PM stepping motors, brush DC motors, small brushless motors, power brushless motors, polygon mirror scanner motors, HDD spindle motors, high-pressure blowers, rotation angle sensors, fan units, and FDB motors. Further, it provides lighting devices for LCDs; resonant devices; and measuring components comprising strain gauges, force sensors, load cells, pressure gauges, torque transducers, vector sensors, digital indicators, and tensile and compression testing machines; sensors and sensor related products; coils, switches, and connectors; frequency and optical devices, power supply components, industrial machinery components, home security products, automotive components, and semiconductors. It offers its products for use in PCs and peripheral equipment, information and telecommunications equipment, household electrical appliances, automobiles, and aircraft parts. The company was formerly known as Minebea Co., Ltd. and changed its name to MinebeaMitsumi Inc. in January 2017. MinebeaMitsumi Inc. was incorporated in 1951 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyMinebeaMitsumi generates revenue through the sale of its extensive range of precision components and systems. Key revenue streams include the manufacturing and distribution of miniature ball bearings, which are widely used in various industries such as automotive, aerospace, and consumer electronics. Additionally, the company produces motors, sensors, and other electronic components that contribute significantly to its earnings. Partnerships with major OEMs (Original Equipment Manufacturers) in the automotive and electronics sectors enable MinebeaMitsumi to secure long-term contracts and stable revenue streams. The company's focus on innovation and development of advanced technologies, along with its global manufacturing footprint, allows it to maintain competitive pricing and meet the diverse needs of its customers, further supporting its profitability.

MinebeaMitsumi Earnings Call Summary

Earnings Call Date:Nov 06, 2024
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Feb 05, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strong growth in net sales and operating income, driven by the Precision Technologies and Semiconductors and Electronics segments. However, challenges such as a decrease in profit attributable to owners, a weak semiconductor market, and underperformance in certain product lines were noted.
Q2-2025 Updates
Positive Updates
Record-Breaking Net Sales and Operating Income
Consolidated net sales for Q2 2025 reached a record high of JPY 422.73 billion, up 11.3% year-on-year and 18.9% quarter-on-quarter. Operating income also hit a record high for the second quarter at JPY 28.146 billion, up 29.4% year-on-year and 40.6% quarter-on-quarter.
Precision Technologies Segment Growth
Sales of ball bearings increased 3.7% quarter-on-quarter to JPY 44 billion, with a monthly external shipment volume up 8.8% quarter-on-quarter. Operating income for the segment rose 12.8% quarter-on-quarter, with a margin increase of 1.8 percentage points.
Semiconductors and Electronics Segment Surge
Net sales increased 51.7% quarter-on-quarter to JPY 168.7 billion, with operating income rising 96.7% quarter-on-quarter. This was due to increased sales of optical devices and semiconductors.
Negative Updates
Decline in Profit Attributable to Owners
Profit attributable to owners of the parent decreased by 26.1% year-on-year and 13.1% quarter-on-quarter to JPY 12.112 billion.
Challenges in Semiconductor Market
The semiconductor market is currently weak, with specific challenges such as the cancellation of e-axle orders affecting the company's performance.
Underperformance in Gaming and Backlight Products
Sales of game-related products and backlight products for tablets were lower than expectations and are not anticipated to be strong in the second half.
Company Guidance
During MinebeaMitsumi's earnings call for Q2 2025, the company reported a 11.3% year-on-year and 18.9% quarter-on-quarter increase in consolidated net sales, reaching JPY 422.73 billion. Operating income saw a significant rise of 29.4% year-on-year and 40.6% quarter-on-quarter, totaling JPY 28.146 billion. Despite these gains, profit attributable to owners was down 26.1% year-on-year, coming in at JPY 12.112 billion. The operating margin for the quarter improved to 6.7%, up 1.0 percentage point from the previous year. Although foreign exchange rates favorably impacted net sales and operating income by JPY 2.3 billion and JPY 0.2 billion quarter-on-quarter, respectively, the company maintained its sales and operating income forecasts for the fiscal year ending March 2025. The Precision Technologies segment saw a 3.6% quarter-on-quarter increase in net sales, while the Motors segment reported a 7.3% rise. In contrast, the Semiconductors and Electronics segment experienced a substantial 51.7% quarter-on-quarter increase, mainly due to gains in optical devices and semiconductors. Inventory at the end of Q2 decreased by JPY 23.8 billion from the previous quarter, totaling JPY 335.8 billion. The company also highlighted its strategic focus on expanding its integrated product offerings and enhancing its competitiveness in the semiconductor market amidst challenges from Chinese competitors.

MinebeaMitsumi Financial Statement Overview

Summary
MinebeaMitsumi demonstrates solid financial health with strong revenue growth and stable profitability. The balance sheet is well-managed with moderate leverage, and cash flow generation is adequate, though there is potential to enhance free cash flow. The company is well-positioned in its industry, but should focus on improving operational efficiencies to maintain margins.
Income Statement
65
Positive
MinebeaMitsumi shows strong revenue growth with a TTM increase of 75.3%, indicating robust demand and market expansion. The gross profit margin is stable at around 17.8%, and the net profit margin remains healthy at 3.9%. However, the EBIT and EBITDA margins have slightly decreased compared to previous years, suggesting potential cost pressures or increased competition.
Balance Sheet
70
Positive
The company maintains a moderate debt-to-equity ratio of 0.62, reflecting a balanced approach to leveraging. Return on equity is consistent at approximately 7.6%, indicating efficient use of equity capital. The equity ratio stands at 45%, suggesting a solid capital structure with a good proportion of equity financing.
Cash Flow
60
Neutral
Operating cash flow is strong, covering net income adequately, but free cash flow has seen a decline of 4.46% in the TTM period. The free cash flow to net income ratio is 0.38, indicating reasonable cash conversion, though there is room for improvement in cash flow management.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.52T1.52T1.40T1.29T1.12T988.42B
Gross Profit269.80B270.40B231.35B220.84B215.58B167.59B
EBITDA165.25B167.62B138.75B126.33B137.64B100.01B
Net Income61.99B59.46B54.03B73.15B68.94B38.76B
Balance Sheet
Total Assets1.69T1.58T1.42T1.30T1.10T976.77B
Cash, Cash Equivalents and Short-Term Investments230.39B214.26B146.66B144.67B163.59B165.48B
Total Debt498.45B463.60B383.96B376.00B288.93B286.87B
Total Liabilities898.94B830.19B700.40B660.66B562.76B522.77B
Stockholders Equity784.09B743.45B704.14B629.13B538.61B451.14B
Cash Flow
Free Cash Flow25.97B51.19B22.12B-92.62B8.31B48.26B
Operating Cash Flow102.10B133.67B101.76B44.09B78.42B93.76B
Investing Cash Flow-80.20B-125.77B-76.30B-106.28B-63.60B-70.58B
Financing Cash Flow46.16B64.00B-30.21B37.88B-25.55B9.26B

MinebeaMitsumi Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3178.00
Price Trends
50DMA
3064.00
Positive
100DMA
2846.65
Positive
200DMA
2471.14
Positive
Market Momentum
MACD
32.90
Positive
RSI
50.22
Neutral
STOCH
32.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6479, the sentiment is Positive. The current price of 3178 is below the 20-day moving average (MA) of 3210.70, above the 50-day MA of 3064.00, and above the 200-day MA of 2471.14, indicating a neutral trend. The MACD of 32.90 indicates Positive momentum. The RSI at 50.22 is Neutral, neither overbought nor oversold. The STOCH value of 32.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6479.

MinebeaMitsumi Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
¥1.27T22.2710.84%1.46%3.92%9.99%
68
Neutral
¥564.76B18.738.09%2.85%11.18%-0.75%
67
Neutral
¥1.27T20.388.05%1.58%0.96%3.22%
63
Neutral
$1.85T52.576.81%0.40%5.18%3.36%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
60
Neutral
¥774.13B27.043.60%2.62%3.51%
54
Neutral
¥446.46B103.242.57%4.81%-49.43%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6479
MinebeaMitsumi
3,178.00
677.41
27.09%
JP:6806
HIROSE ELECTRIC CO
17,320.00
-815.77
-4.50%
JP:4062
IBIDEN CO
12,935.00
8,368.60
183.26%
JP:6645
OMRON
3,933.00
-1,239.65
-23.97%
JP:7701
Shimadzu
4,262.00
-125.94
-2.87%
JP:6976
Taiyo Yuden Co., Ltd.
3,577.00
1,409.86
65.06%

MinebeaMitsumi Corporate Events

MinebeaMitsumi Revises Dividend Forecast for Fiscal Year 2026
Nov 6, 2025

MinebeaMitsumi Inc. has revised its dividend forecast for the fiscal year ending March 31, 2026, emphasizing its commitment to shareholder returns. The company plans to maintain a stable dividend payout, with an interim dividend of 25 yen per share and a year-end dividend also planned at 25 yen, reflecting a payout ratio of around 30% based on the business environment.

MinebeaMitsumi Reports Strong Profit Growth Amid Stable Sales
Nov 6, 2025

MinebeaMitsumi reported its financial results for the six months ending September 30, 2025, highlighting a stable net sales figure of 778,314 million yen, with a slight decrease in operating income by 5.1% compared to the previous year. However, the company saw a significant increase in profit before income taxes by 12.1% and a 14% rise in profit attributable to owners of the parent, reflecting a strong financial position and strategic adjustments. The company also announced an increase in its dividend payout, indicating confidence in its future financial performance and commitment to shareholder returns.

MinebeaMitsumi Completes Strategic Acquisition to Bolster Precision Technologies
Oct 3, 2025

MinebeaMitsumi Inc. has completed the acquisition of all shares of TN Linear Motion Inc., a newly established subsidiary of TSUBAKI NAKASHIMA CO., LTD. This acquisition, which includes the ball screws and ball ways business, aims to expand MinebeaMitsumi’s market share and improve its positioning in the precision technologies sector. The transaction is expected to create synergies with MinebeaMitsumi’s existing operations and enhance its enterprise value by integrating the acquired business into its core offerings.

MinebeaMitsumi Completes Acquisition of Shibaura Electronics
Sep 12, 2025

MinebeaMitsumi Inc. has successfully completed a tender offer to acquire all shares of Shibaura Electronics Co., Ltd., excluding treasury shares. This acquisition is part of MinebeaMitsumi’s strategic expansion efforts, potentially enhancing its market position and operational capabilities in the electronics sector.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 11, 2025