MinebeaMitsumi : Notice Regarding Revisions to Half-Year and Full-Year Consolidated Business Forecasts

About this update from Minebeamitsumi Inc.

August 4, 2021 To whom it may concern: Company Name: MINEBEA MITSUMI Inc. Representative: Yoshihisa Kainuma Representative Director, CEO & COO (Code No. 6479, TSE Div. No. 1) Contact: Katsuhiko Yoshida Director, Senior Managing Executive Officer Phone: +81-(0)3-6758-6711 Notice Regarding Revisions to Half-Year and Full-Year Consolidated Business Forecasts for Fiscal Year Ending March 31, 2022 MINEBEA MITSUMI Inc. announced today that it has revised the half-year and full-year consolidated business forecasts announced on May 7, 2021 for the fiscal year ending March 31, 2022 (from April 1, 2021 to March 31, 2022) in light of recent business conditions. 1. Revisions to the Half-Year Consolidated Business Forecast for the Fiscal Year Ending March 31, 2022 (from April 1, 2021 to September 30, 2021) Profit for the Operating period Earnings per Net sales attributable to income share, basic owners of the parent millions of yen millions of yen millions of yen yen Previous forecast (A) 487,000 38,000 30,500 75.00 (announced on May 7, 2021) Revised forecast (B) 537,000 45,000 34,500 84.99 Difference (B-A) 50,000 7,000 4,000 ― Difference (%) 10.3 18.4 13.1 ― (Reference) Results for the 461,730 20,922 15,425 37.77 fiscal half-year ended September 30, 2020 2. Revisions to the Full-Year Consolidated Business Forecast for the Fiscal Year Ending March 31, 2022 (from April 1, 2021 to March 31, 2022) Profit for the Operating period Earnings per Net sales attributable to income share, basic owners of the parent millions of yen millions of yen millions of yen yen Previous forecast (A) 1,000,000 80,000 64,000 157.38 (announced on May 7, 2021) Revised forecast (B) 1,050,000 87,000 68,000 167.52 Difference (B-A) 50,000 7,000 4,000 ― Difference (%) 5.0 8.8 6.3 ― (Reference) Results for the 988,424 51,166 38,759 94.95 fiscal year ended March 31, 2021 3. Reasons for Revisions In regard to the consolidated forecast, in addition to the first quarter results exceeding the initial forecast, we expect demand for ball bearings, motors, semiconductors, and other products to remain strong in the second quarter and thereafter. As such, we have revised the forecast. (Note) The business forecasts contained in this press release are made based on information available as of the date of the announcement. The actual results may differ from the forecasts due to a variety of factors in the days to come. Provisional accounting treatments for business combinations were finalized at the end of the previous fiscal year, and the contents of finalization of the provisional accounting treatments are reflected on the figures for the fiscal half-year ended September 30, 2020. ＃＃＃

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