Minebea Mitsumi Inc U/Adr (MINBY) Q4 2026 Earnings Call

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WEBVTT 00:00:01.002 -- 00:00:06.009 Thank you, this is Yoshida speaking. I'd like to explain the overview of financial 00:00:06.009 -- 00:00:11.356 results for the fiscal year ended March 31, 2026 and the medium-term earnings 00:00:11.356 -- 00:00:15.880 forecast for the fiscal year ended March 31, 2027 and beyond. 00:00:20.405 -- 00:00:23.888 Consolidated net sales for the fiscal year ended March 31, 2026, increased by 9.3% year-on-year, 00:00:23.888 -- 00:00:27.410 totaling ¥1,664.4 billion, operating income increased by 10.1% year-on-year, totaling 00:00:27.410 -- 00:00:30.191 ¥104 billion. 00:00:35.977 -- 00:00:40.958 Profit for the period attributable to owners of a parent increased by 66.6% 00:00:40.958 -- 00:00:45.940 year-on-year, totaling ¥99 billion. Both net sales and operating income exceeded the 00:00:45.940 -- 00:00:51.681 plan. Operating income includes structural reform expenses of approximately ¥2.6 billion. 00:00:51.681 -- 00:00:55.822 In addition, profit for the period attributable to owners of a parent includes special 00:00:55.822 -- 00:01:00.663 factors. Details will be explained later in the slides. 00:01:00.663 -- 00:01:04.148 Due to the appreciation of the yen, 00:01:04.148 -- 00:01:08.454 There was a negative foreign exchange impact on the previous year, decreasing net sales 00:01:08.454 -- 00:01:12.761 by 1.2 billion yen and operating income by 10.7 00:01:12.761 -- 00:01:15.141 billion yen. 00:01:18.773 -- 00:01:22.377 Consolidate net sales for the fourth quarter of fiscal year ended March 31, 2096 was 00:01:22.377 -- 00:01:25.620 up 15.3% year-on-year and down 4.8% quarter-on-quarter to total 432.2 billion yen. 00:01:25.620 -- 00:01:29.484 Operating income was up 31.5% year-on-year and down 9.5% quarter-on-quarter to total 00:01:29.484 -- ...