- Minebea Mitsumi has adjusted its full-year net sales forecast to a range of 1.50 trillion yen to 1.52 trillion yen, down from the previous estimate of 1.53 trillion yen.
- The company’s operating income forecast for the full year is now between 90.00 billion yen and 100.00 billion yen, an increase from the earlier range of 85.00 billion yen to 100.00 billion yen, but slightly lower than the estimate of 98.96 billion yen.
- Net income for the full year is projected to be between 63.50 billion yen and 71.00 billion yen, compared to a previous range of 60.00 billion yen to 71.00 billion yen and an estimate of 70.13 billion yen.
- For the first half of the year, the company expects operating income to be between 42.50 billion yen and 43.00 billion yen, an improvement from the earlier range of 38.00 billion yen to 42.50 billion yen.
- Net income for the first half is projected at 30.00 billion yen, up from an earlier expectation of 26.50 billion yen to 30.00 billion yen.
- First-half net sales forecast is set at 774.50 billion yen, slightly higher than the previous range of 764.50 billion yen to 774.50 billion yen.
- In the first quarter, operating income reached 17.43 billion yen, a 13% year-over-year decrease, but it was slightly above the estimate of 17.27 billion yen.
- First-quarter net income was 10.89 billion yen, showing a 22% decline year-over-year and falling short of the estimated 11.85 billion yen.
- Net sales in the first quarter rose by 3.2% year-over-year to 366.93 billion yen, surpassing the estimate of 357.28 billion yen.
- Analyst ratings include 10 buys and 3 holds, with no sell recommendations.
A look at Minebea Mitsumi Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Minebea Mitsumi shows a promising long-term outlook. With strong momentum and respectable value, dividend, and growth scores, the company appears well-positioned for future success. However, its resilience score is slightly lower, indicating potential vulnerabilities in the face of challenges. Overall, Minebea Mitsumi‘s balanced scores suggest a stable performance trajectory in the coming years.
Minebea Mitsumi, a company specializing in manufacturing miniature and instrument ball bearings, showcases a diversified product portfolio that includes motors, assemblies, fasteners, and keyboards. Its presence in Thailand and Singapore signifies a strategic manufacturing footprint. With encouraging Smartkarma Smart Scores, particularly in momentum, Minebea Mitsumi seems poised for continued growth and market success in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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