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MINEBEA MITSUMI (6479) investor relations material
MINEBEA MITSUMI Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated Q3 FY2026 sales rose 22.8% year-over-year and 10.3% sequentially to ¥453.9 billion, with operating profit up 17.8% year-over-year and 14.3% sequentially to ¥30.8 billion, both exceeding forecasts and reaching record highs.
Net profit attributable to owners increased 19.4% year-over-year and 17.5% sequentially to ¥20.8 billion, surpassing plan.
All-time highs were achieved for cumulative sales, operating profit, and pre-tax profit for the first three quarters.
Strategic focus on five growth areas, including AI servers and humanoid robots, is expected to drive future expansion.
The acquisition of Minebea Linear Motion Inc. contributed to consolidated results.
Financial highlights
Q3 FY2026 net sales: ¥453.9 billion (+22.8% YoY, +10.3% QoQ); operating profit: ¥30.8 billion (+17.8% YoY, +14.3% QoQ); net profit: ¥20.8 billion (+19.4% YoY, +17.5% QoQ); EPS: ¥51.7979.
Q3 operating margin was 6.8%, down 0.3 points YoY but up 0.2 points sequentially.
Inventory at Q3-end was ¥411.7 billion, up ¥9.6 billion from three months prior, reflecting strategic buildup for expected sales growth.
Net interest-bearing debt at Q3-end was ¥278.6 billion, up ¥37.2 billion from March 2025.
Free cash flow forecast for FY2026 is ¥27.0 billion.
Outlook and guidance
Full-year sales and operating profit forecasts were revised upward, with net sales forecast at ¥1.6 trillion, operating profit at ¥101.0 billion, and profit attributable to owners at ¥71.0 billion.
Basic EPS for the year ending March 31, 2026, projected at ¥176.80.
Operating profit forecast includes ¥4.0 billion in restructuring costs.
Year-end dividend planned at ¥25 per share, with total annual dividend forecast at ¥50 per share and a targeted payout ratio of 30%.
Management expects continued growth in the next fiscal year, driven by five key growth sectors.
- TimeTickerHeadlineOpen
- 6 FebWASH
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AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
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