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MinebeaMitsumi Inc. (JP:6479)
:6479
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MinebeaMitsumi (6479) AI Stock Analysis

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JP:6479

MinebeaMitsumi

(6479)

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Outperform 76 (OpenAI - 4o)
Rating:76Outperform
Price Target:
¥3,501.00
▲(20.06% Upside)
MinebeaMitsumi's strong financial performance and bullish technical indicators are the primary drivers of its stock score. The company shows robust revenue growth and stable profitability, supported by a well-managed balance sheet. Technical analysis indicates strong upward momentum, although valuation metrics suggest the stock may be overvalued. The absence of recent earnings call insights or significant corporate events means these factors do not influence the score.

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, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Jan 30, 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
85
Very 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
78
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
70
Positive
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 Revenue1.53T1.52T1.40T1.29T1.12T988.42B
Gross Profit269.16B270.40B231.35B220.84B215.58B167.59B
EBITDA165.12B167.62B138.75B126.33B137.64B100.01B
Net Income56.41B59.46B54.03B73.15B68.94B38.76B
Balance Sheet
Total Assets1.65T1.58T1.42T1.30T1.10T976.77B
Cash, Cash Equivalents and Short-Term Investments255.80B214.26B146.66B144.67B163.59B165.48B
Total Debt515.49B463.60B383.96B376.00B288.93B286.87B
Total Liabilities893.95B830.19B700.40B660.66B562.76B522.77B
Stockholders Equity741.19B743.45B704.14B629.13B538.61B451.14B
Cash Flow
Free Cash Flow48.91B51.19B22.12B-92.62B8.31B48.26B
Operating Cash Flow126.76B133.67B101.76B44.09B78.42B93.76B
Investing Cash Flow-82.73B-125.77B-76.30B-106.28B-63.60B-70.58B
Financing Cash Flow70.71B64.00B-30.21B37.88B-25.55B9.26B

MinebeaMitsumi Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price2916.00
Price Trends
50DMA
2828.23
Positive
100DMA
2546.50
Positive
200DMA
2358.50
Positive
Market Momentum
MACD
61.03
Positive
RSI
47.16
Neutral
STOCH
31.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6479, the sentiment is Neutral. The current price of 2916 is below the 20-day moving average (MA) of 2992.45, above the 50-day MA of 2828.23, and above the 200-day MA of 2358.50, indicating a neutral trend. The MACD of 61.03 indicates Positive momentum. The RSI at 47.16 is Neutral, neither overbought nor oversold. The STOCH value of 31.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
76
Outperform
$1.27T22.388.05%1.61%0.96%3.22%
75
Outperform
$1.23T23.5810.84%1.56%3.92%9.99%
72
Outperform
$698.52B23.178.09%2.37%11.18%-0.75%
68
Neutral
¥1.79T50.786.81%0.32%5.18%3.36%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
61
Neutral
$875.30B26.773.60%2.45%3.51%
54
Neutral
¥562.88B-115.102.14%4.81%-49.43%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6479
MinebeaMitsumi
2,916.00
375.70
14.79%
JP:6806
HIROSE ELECTRIC CO
18,155.00
-248.55
-1.35%
JP:4062
IBIDEN CO
13,035.00
7,729.71
145.70%
JP:6645
OMRON
3,864.00
-1,454.07
-27.34%
JP:7701
Shimadzu
4,223.00
-345.80
-7.57%
JP:6976
Taiyo Yuden Co., Ltd.
3,550.00
1,260.74
55.07%

MinebeaMitsumi Corporate Events

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.

The most recent analyst rating on (JP:6479) stock is a Hold with a Yen2600.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

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.

The most recent analyst rating on (JP:6479) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

MinebeaMitsumi Adjusts Tender Offer for SHIBAURA ELECTRONICS
Aug 28, 2025

MinebeaMitsumi Inc. has announced changes to its tender offer for SHIBAURA ELECTRONICS CO., LTD., adjusting the purchase price for the shares. This move aims to increase the attractiveness of the offer to shareholders and enhance the likelihood of a successful acquisition, impacting the company’s strategic positioning in the electronics market.

The most recent analyst rating on (JP:6479) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

MinebeaMitsumi Increases Tender Offer Price for SHIBAURA ELECTRONICS
Aug 14, 2025

MinebeaMitsumi Inc. has announced a change in its tender offer for SHIBAURA ELECTRONICS CO., LTD., increasing the tender offer price from 5,500 yen to 6,200 yen to enhance the likelihood of success. This strategic move aims to facilitate the participation of SHIBAURA’s shareholders and expedite discussions for potential synergies, reflecting MinebeaMitsumi’s commitment to strengthening its market position and operational capabilities.

The most recent analyst rating on (JP:6479) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

MinebeaMitsumi Revises Dividend Forecast for FY 2026
Aug 5, 2025

MinebeaMitsumi Inc. announced a revision to its dividend forecast for the fiscal year ending March 31, 2026, increasing the interim dividend to 25 yen per share. This decision reflects the company’s commitment to sharing profits with shareholders while considering the overall business environment, with the year-end dividend yet to be determined.

The most recent analyst rating on (JP:6479) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

MinebeaMitsumi Reports Decline in Q1 2025 Earnings
Aug 5, 2025

MinebeaMitsumi reported a decrease in earnings per share and profit for the period ending June 30, 2025, compared to the previous year. Despite a slight increase in net sales, the company experienced a decline in operating income and profit before income taxes. The forecast for the fiscal year ending March 31, 2026, indicates a potential decrease in net sales and operating income, reflecting challenges in maintaining growth. The company plans to maintain a dividend payout ratio of around 30% on a consolidated basis.

The most recent analyst rating on (JP:6479) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

MinebeaMitsumi Reports Mixed Q2 2025 Financial Results
Aug 5, 2025

MinebeaMitsumi Inc., a leading manufacturer in the precision components and electronics industry, has released its financial results for the quarter ending June 30, 2025, highlighting its diverse product range from ball bearings to semiconductor devices. The company reported a modest increase in net sales by 3.2% year-on-year, reaching 366,925 million yen. However, operating income and profit before income taxes saw declines of 7.8% and 14.5%, respectively, reflecting the challenging global economic conditions. The Precision Technologies segment showed resilience with increased sales and operating income, driven by demand for ball bearings and aircraft components. Conversely, the Semiconductor & Electronics segment faced a significant drop in operating income despite a rise in sales. Looking ahead, MinebeaMitsumi remains focused on enhancing productivity and cost-efficiency while navigating the uncertainties of the global market. The management anticipates stable growth with strategic investments and a focus on high-value-added products.

MinebeaMitsumi Adjusts Tender Offer for Shibaura Electronics
Aug 1, 2025

MinebeaMitsumi Inc. has announced amendments to its ongoing tender offer for SHIBAURA ELECTRONICS CO., LTD., initially commenced in May 2025. The changes involve extending the tender offer period to provide shareholders with more time to decide on tendering their shares, reflecting the company’s strategic adjustments in response to regulatory and market conditions.

The most recent analyst rating on (JP:6479) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

MinebeaMitsumi Finalizes Acquisition Deal with Tsubaki Nakashima
Jul 31, 2025

MinebeaMitsumi Inc. has finalized an agreement to acquire the ball screws and ball ways business from TSUBAKI NAKASHIMA CO., LTD., following a thorough investigation into quality data falsification issues. The acquisition, now scheduled for October 3, 2025, is expected to have minimal impact on the company’s financial performance for the fiscal year ending March 2026.

The most recent analyst rating on (JP:6479) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.

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: Oct 28, 2025