Minebeamitsumi Inc. · TSE:6479
Minebeamitsumi — Q3 2026 Earnings Presentation
35 slides from Minebeamitsumi's earnings presentation, Feb 5, 2026
Slide 1: Financial Results Briefing
Financial Results Briefing Third Quarter of Fiscal Year Ending March 31, 2026 MinebeaMitsumi Inc. February 5, 2026
Slide 2: Summary of Consolidated Business Results for 3Q
Summary of Consolidated Business Results for 3Q Net sales and operating income exceeded the forecast FY3/25 FY3/26 Growth Rate (Billion of yen) 3Q 2Q 3Q YoY QoQ Net sales 369.6 411.4 453.9 +22.8% +10.3% Operating income 26.2 27.0 30.8 +17.8% +14.3% Profit before taxes 23.9 24.8 29.3 +22.4% +18.2% Pr
Slide 3: Net Sales, Operating Income / Margin
Net Sales, Operating Income / Margin (Billions of yen) Net sales Operating income Operating margin 453.9 422.8 411.4 379.7 381.2 374.8 369.6 366.9 348.8 355.5 292.4 30.8 27.9 27.0 24.7 26.2 21.7 20.3 21.5 18.9 17.4 7.1% 6.8% 6.7 5.7% 6.5% 5.8% 5.3% 6.6% 5.7% 6.6% 4.8% 2.3% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
Slide 4: 3Q Results: Variance from Previous Forecast
3Q Results: Variance from Previous Forecast (November 6, 2025) (Billions of yen) Net Sales Operating Income February 5, 2026 4
Slide 5: Quarterly Trends: Precision Technologies (PT)
Quarterly Trends: Precision Technologies (PT) Net sales (Billions of yen) Operating income (Billions of yen) Ball Bearings Rod-ends/Fasteners PMC Operating income Operating margin 22.6% 22.8% 21.5% 21.5% 21.9% 70.1 20.8% 21.0% 68.4 18.9% 66.8 18.2% 64.9 64.8 17.1% 17.6% 7.7 62.7 6.6 61.4 6.3 6.5 6.2
Slide 6: Quarterly Trends: Motor, Lighting & Sensing (MLS)
Quarterly Trends: Motor, Lighting & Sensing (MLS) Net sales (Billions of yen) Operating income (Billions of yen) Motors Electronic devices Sensing devices Other Operating income Operating margin 113.1 114.2 2.1 2.7 106.4 105.1 6.4% 6.3% 6.5% 7.2% 9.5 9.9 5.2% 4.8% 1.5 101.0 101.3 1.7 3.9% 3.7% 4.7%
Slide 7: Quarterly Trends: Semiconductor & Electronics (SE)
Quarterly Trends: Semiconductor & Electronics (SE) Net sales (Billions of yen) Operating income (Billions of yen) Operating income Operating margin 186.7 168.7 157.1 150.0 146.5 8.0% 8.7% 8.7% 5.4% 4.9% 4.9% 5.8% 126.1 3.2% 2.6% 1.9% 121.6 0.7% 117.2 109.5 111.2 81.7 12.6 12.8 10.8 9.5 9.0 7.4 6.1 3
Slide 8: Quarterly Trends: Access Solutions (AS)
Quarterly Trends: Access Solutions (AS) Net sales (Billions of yen) Operating income (Billions of yen) Operating income Operating margin 87.9 83.0 84.4 81.5 82.0 82.0 7.3% 6.2% 80.2 78.9 78.9 4.3% 5.2% 5.6% 77.6 2.7% 3.7% 3.4% 4.0% 2.3% 0.2% 73.6 6.4 5.3 4.4 4.1 3.5 3.3 3.0 2.7 2.3 1.8 0.2 1Q 2Q 3Q
Slide 9: Quarterly Profit Attributable to Owners of the Parent / EPS
Quarterly Profit Attributable to Owners of the Parent / EPS (Billions of yen) Profit for the period attributable to owners of the parent Earnings per share, basic (yen) 20.8 18.3 17.7 17.4 17.0 16.4 15.2 13.1 11.9 10.9 51.79 45.32 44.07 43.36 42.25 40.22 37.62 32.51 29.53 4.1 27.12 10.06 1Q 2Q 3Q 4Q
Slide 10: Inventories
Inventories (Billions of yen) 411.7 402.1 370.8 359.6 356.6 350.9 335.8 303.3 302.8 300.5 294.9 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY3/24 FY3/25 FY3/26 February 5, 2026 10
Slide 11: Net Interest-Bearing Debt and Free Cash Flow
Net Interest-Bearing Debt and Free Cash Flow (Billions of yen) Net interest-bearing debt * Free cash flow 278.6 241.4 230.0 201.7 208.6 86.9 25.5 27.0 14.8 7.9 (21.4) (62.2) FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/26 1Q-3Q Forecast *Net interest-bearing debts: “Bonds and borrowings” - (“Cash and cash
Slide 12: Forecast
Forecast Full-year forecast for net sales, operating income revised upward FY3/25 FY3/26 (Billion of yen) Full Year 1st Half 2nd Half Full Year YoY Net sales 1,522.7 778.3 821.7 1,600.0 +5.1% Operating income ※¹ 94.5 44.4 56.6 ※² 101.0 +6.9% Profit before taxes 82.6 40.4 55.6 96.0 +16.2% Profit for
Slide 13: Forecast for Business Segment
Forecast for Business Segment FY3/25 FY3/26 (Billion of yen) ※ Full Year 1st Half 2nd Half Full Year YoY Net sales 1,522.7 778.3 821.7 1,600.0 +5.1% Precision Technologies (PT) 255.7 133.2 138.8 272.0 +6.4% Motor, Lighting & Sensing (MLS) 407.7 218.3 220.7 439.0 +7.7% Semiconductor & Electronics (SE
Slide 14: Full-year forecast: Variance from Previous Forecast
Full-year forecast: Variance from Previous Forecast (November 6, 2025) (Billions of yen) Net Sales Operating Income February 5, 2026 14
Slide 15: Net Sales, Operating Income / Margin / Real Operating Margin
Net Sales, Operating Income / Margin / Real Operating Margin (Billions of yen) Net sales Operating income Operating margin Special Special Special Real operating margin *¹ factors 10.5 factors -5.0 1,600.0 factors -4.0 1,522.7 1,402.1 1,292.2 1,124.1 105.0 *² 97.5 94.5 92.1 101.0 73.5 9.9% 8.4% 7.3%
Slide 16: Today’s point
Today’s point ⚫ Net sales and operating income exceeded forecasts, reaching record highs* for 3Q. (excluding extraordinary factors) Full-year sales and operating profit revised upward amid a strong Thai Baht. ⚫ Confidence in the growth trajectory from FY3/27 onward driven by steady progress in core
Slide 17: Forecast for FY3/26
Forecast for FY3/26 Full-year forecast revised upward: Net sales ¥1.6 trillion and OP ¥101 billion (approx. +7% YoY) Net income maintained, up approx. 20% YoY Earnings ●Cumulative 3Q results reached record highs from net sales to profit before tax. Strong momentum continues in 4Q. Forecast ●All busi
Slide 18: Precision Technologies (PT) Update
Precision Technologies (PT) Update Bearing production reached 350 million units in December. Supported by data center and automotive demand, as well as aerospace profit contributions, OP is expected to exceed ¥60 billion this fiscal year Expansion of bearing demand driven Key points by progress in t
Slide 19: Motor, Lighting & Sensing (MLS) Update
Motor, Lighting & Sensing (MLS) Update Motor performance remains solid. Creating broad business opportunities in (AI) servers Automotive backlights expected to drive future profit growth Key Points MLS-related products for (AI) servers Pressure Large fan motors 1 Motors sensors (Strain Gauges) Airfl
Slide 20: Semiconductor & Electronics (SE) Update
Semiconductor & Electronics (SE) Update Analog semiconductors driven by battery protection ICs and medical applications Both optical devices and mechanical components are on track to achieve the initial plan Key points Collaborating with Sanken Electric in power module business Semiconductors • Inst
Slide 21: Access Solutions (AS) Update
Access Solutions (AS) Update Automotive sector slowed due to Nexperia impact; recovery expected from Q4 On track with the plan excluding structural reform costs Key points FY3/26 AS operating income 1 Four-wheel business (Billion of yen) • Strong sales in North America • Recovery from Nexperia ・3Q s
Slide 22: Topics: Humanoid Robots
Topics: Humanoid Robots Our CES exhibition earned high praise by differentiation through Integration and Collaborative creation. Orders and inquiries from worldwide customers are accelerating thanks to a broad product lineup Development of the world’s smallest class Smart and powerful robotic hand s
Slide 23: Update on the Five Growth Areas
Update on the Five Growth Areas Redefining the product portfolio and focus areas to aim for the achievement of FY3/29 targets Core Products: The "8 Spears" (Product Portfolio) The “5 Growth Areas" (Focus Applications) 1 Bearings 2 Analog Semiconductors 3 Motors Commercial AI Servers 4 Access Product
Slide 24: Topics: Group-wide Business Portfolio Transformation
Topics: Group-wide Business Portfolio Transformation ① Termination of production at Malaysian site and liquidation of the subsidiary in the Power supply business(SE) ✓ Production in Malaysia was terminated on December 20, 2025, for the purpose of improving the profitability structure and strengtheni
Slide 25: Surpassing the "turning point" and feeling the response for renewed growth
(Billions of yen) Surpassing the "turning point" and feeling the response 2,500.0 2,500 for renewed growth. 400 Securing 14 consecutive years of net sales growth. Projected profit increase for next fiscal year: 350 +5 to +15 billion yen 2,000 Organic sales Inorganic sales Operating income (vs. curre
Slide 26: Dividends
Dividends Dividends The interim dividend increased by 5 yen YoY The annual dividend is planned to be 50 yen FY3/26 interim FY3/26 year-end dividend 25 Yen/share dividend 25 Yen/share (Reference) FY3/25 annual dividend 45 yen/share (20 yen for interim, 25 yen for year-end） Policy Sustainable and stab
Slide 27: Starting from 1Q of the fiscal year ending March 2026, to present our financial
Any statements in this presentation which are not historical are future projections based on certain assumptions and executive judgments drawn from currently available information. Please note that actual performance may vary significantly from any particular projection due to various factors. Facto
Slide 28: Reference
Reference February 5, 2026 28
Slide 29: Full-Year Trends: Precision Technologies (PT)
Full-Year Trends: Precision Technologies (PT) *Excl. special factors Net sales (Billions of yen) Operating income (Billions of yen) Ball Bearings Rod-ends/Fasteners PMC Operating income Operating margin 272.0 255.7 25.8% 27.5 22.9％ * 22.1% 24.8 21.8% 21.8% 18.0% 60.0 211.4 63.5 Special factors FX fo
Slide 30: Full-Year Trends: Motor, Lighting & Sensing (MLS)
Full-Year Trends: Motor, Lighting & Sensing (MLS) *Excl. special factors Net sales (Billions of yen) Operating income (Billions of yen) Motors Electronic devices Sensing devices Other Operating income Operating margin 439.0 5.8% * 6.2% 5.8％ 8.0 407.7 * 36.5 3.2％ 3.2% 5.6% 7.4 371.0 366.3 369.4 36.9
Slide 31: Full-Year Trends: Semiconductor & Electronics (SE)
Full-Year Trends: Semiconductor & Electronics (SE) *Excl. special factors Net sales (Billions of yen) Operating income (Billions of yen) Operating income Operating margin 565.0 9.8% 9.0%* 530.1 527.6 7.2% 494.7 7.9% 4.7%* 4.3% Special factors FX forward 429.1 contract -3.1 4.2% Others -3.1 Total -6.
Slide 32: Full-Year Trends: Access Solutions (AS)
Full-Year Trends: Access Solutions (AS) Net sales (Billions of yen) Operating income (Billions of yen) *Excl. special factors Operating income Operating margin 9.9% 328.1 5.2%* 5.2% 322.1 320.0 3.3% 0.5% 4.9% 1.1%* Special factors 17.3 Special factors -1.2 194.7 19.4 17.1* 16.5 145.6 15.9 10.6 * 2.1
Slide 33: S.G.&A. Expense / Ratio
S.G.&A. Expense / Ratio (Billions of yen) S.G.&A. expenses S.G.&A. to sales ratio 46.9 47.8 45.8 45.1 45.9 43.6 44.4 41.6 42.7 39.9 38.1 13.0% 12.5% 12.2% 12.3% 12.0% 12.0% 10.9% 10.8% 11.4% 10.5% 10.5% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY3/24 FY3/25 FY3/26 February 5, 2026 33
Slide 34: Capital Expenditure / D&A Expense
Capital Expenditure / D&A Expense (Billions of yen) Capital expenditure Depreciation & Amortization expenses * 147.0 94.8 83.6 85.0 * 73.5 69.0 66.2 67.8 58.4 53.0 51.5 45.2 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/26 1Q-3Q Forecast * Capital expenditures of FY3/22 & FY3/23 include new HQ building acq
Slide 35: ROIC (Return On Invested Capital)
ROIC (Return On Invested Capital) MinebeaMitsumi ＝ NOPAT Operating income x (1-tax rate) ROIC Invested capital (Notes receivable/accounts receivable + inventories + non-current assets - notes payable/accounts payable) Calculated using business assets (trade receivable/payable, inventories, non-curre