MinebeaMitsumi Inc - Company Profile
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MinebeaMitsumi Inc (MinebeaMitsumi), formerly Minebea Co Ltd, is a manufacturer of precision machinery components and electronic devices. The company’s products include ball bearings, spherical bearings, rod-end bearings, roller bearings, bushings, mechanical assemblies, automotive fasteners and aerospace fasteners. It also sells fan motors, brush DC motors, brushless DC motors, HDD spindle motors and precision motors.
Headquarters
Japan
Address
4106-73, Miyota, Miyota-Machi, Kitasaku-Gun, Nagano, 389-0293
Website
www.minebeamitsumi.com
Telephone
81 267 322200
No of Employees
87,752
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
6479 (TYO)
Revenue (2022)
$9.5B
15%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
11.7%
(2022 vs 2021)
Market Cap*
$7.9B
Net Profit Margin (2022)
XYZ
-2.8%
(2022 vs 2021)
* As of and is in US$
MinebeaMitsumi Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Electronic Devices and Components: |
| Fan Motors |
| Back Light Inverters |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced plans to acquire the shares of TSUBAKI NAKASHIMA CO., LTD. |
| 2024 | New Products/Services | In January, ABLIC launched an S-19954/5 series of automotive step-down switching regulators. |
| 2023 | Contracts/Agreements | In November, the company signed an agreement to acquire Hitachi Power Semiconductor. |
Competitor Comparison
| Key Parameters | MinebeaMitsumi Inc | Schaeffler AG | JTEKT Corp | NSK Ltd | The Timken Co |
|---|---|---|---|---|---|
| Headquarters | Japan | Germany | Japan | Japan | United States of America |
| City | Kitasaku-Gun | Herzogenaurach | Kariya-Shi | Shinagawa-Ku | North Canton |
| State/Province | Nagano | Bayern | Aichi | Tokyo | Ohio |
| No. of Employees | 87,752 | 83,362 | 46,053 | 29,882 | 19,602 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yoshihisa Kainuma | Chairman; Chief Executive Officer | Executive Board | 2023 | 67 |
| Katsutoshi Suzuki | Managing Executive Officer, Chief- Engineering Headquarters, Head- electronics development division, Technology Development Division; Director | Executive Board | 2023 | 61 |
| Satoshi Mizuma | Senior Managing Executive Officer; Director; Chief - Precision Technology Headquarters | Executive Board | 2023 | 60 |
| Shigeru None | Director; Chief - Chief-Sales Headquarters; Senior Managing Executive Officer | Executive Board | 2018 | 64 |
| Shigeru Moribe | Vice Chairman; Director | Executive Board | 2017 | 67 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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