Earnings Alerts

Minebea Mitsumi (6479) Earnings: FY Operating Income Forecast Aligns With Estimates Amid Q4 Results and 2021 First Half Expectations

  • Minebea Mitsumi‘s operating income forecast aligns with estimates, expected at 100.00 billion yen.
  • The company sees its net income at 71.00 billion yen, which is slightly lower than the estimate of 75.86 billion yen.
  • Net sales estimates are accurate, projected at 1.50 trillion yen.
  • During the first half of the fiscal year, Minebea Mitsumi expects its operating income to reach 42.00 billion yen.
  • The firm’s anticipated net income and net sales during the first half are 29.00 billion yen and 704.00 billion yen, respectively.
  • In the fourth quarter, operating income saw a decrease of 35% year-on-year to 22.28 billion yen, which, however, exceeded the estimate of 19.72 billion yen.
  • Net income decreased by 41% year-on-year in the fourth quarter to 19.64 billion yen, surpassing the estimate of 15.98 billion yen.
  • The company’s fourth quarter net sales saw an increase of 2.7% year-on-year to 348.80 billion yen, beating the estimate of 341.43 billion yen.
  • Analysts’ ratings stand at 11 buys, 3 holds, and 1 sell for Minebea Mitsumi‘s stock.
  • All comparisons to past results were made based on values reported directly from the company’s original disclosures.

A look at Minebea Mitsumi Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.6

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 the Smartkarma Smart Scores, Minebea Mitsumi appears to have a moderate overall outlook for the long term. The company scores indicate strength in areas such as value, growth, and momentum, with scores of 3 in each category. This suggests that Minebea Mitsumi may offer good value potential, along with opportunities for growth and positive momentum in the market.

However, the company scores lower in the dividend and resilience categories, with scores of 2 for each. This could indicate a slightly weaker performance in terms of dividend payouts and resilience to market fluctuations. Investors looking at Minebea Mitsumi should be aware of these factors when considering the long-term prospects of the company.

Summary of Minebea Mitsumi: The company manufactures and markets miniature and instrument ball bearings, along with a range of other products such as motors, pivot assemblies, and computer keyboards. With production facilities in Thailand and Singapore, Minebea Mitsumi has a diverse product line catering to various industries.


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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