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

Investor webinar replay

Replay transcript excerpt

Thank you, this is Yoshida speaking. I'd like to explain the overview of financial results for the fiscal year ended March 31, 2026 and the medium-term earnings forecast for the fiscal year ended March 31, 2027 and beyond. Consolidated net sales for the fiscal year ended March 31, 2026, increased by 9.3% year-on-year, totaling ¥1,664.4 billion, operating income increased by 10.1% year-on-year, totaling ¥104 billion. Profit for the period attributable to owners of a parent increased by 66.6% year-on-year, totaling ¥99 billion. Both net sales and operating income exceeded the plan. Operating income includes structural reform expenses of approximately ¥2.6 billion. In addition, profit for the period attributable to owners of a parent includes special factors. Details will be explained later in the slides. Due to the appreciation of the yen, There was a negative foreign exchange impact on the previous year, decreasing net sales by 1.2 billion yen and operating income by 10.7 billion yen. Consolidate net sales for the fourth quarter of fiscal year ended March 31, 2096 was up 15.3% year-on-year and down 4.8% quarter-on-quarter to total 432.2 billion yen. Operating income was up 31.5% year-on-year and down 9.5% quarter-on-quarter to total 28.3 billion yen. Profit for the period attributable to owners of a parent was up 2.9 times year-on-year and up 2.3 times quarter-on-quarter to total ¥49.2 billion. As mentioned earlier, profit for the period attributable to owners of a parent for the fourth quarter includes special factors. We estimate that foreign currency exchange rates had a quarter-on-quarter impact of plus 12.2 billion yen and year-on-year impact of plus 13.6 billion yen in net sales. Quarter-on-quarter impact was plus 0.1 billion yen and year-on-year impact was minu...