Contact:Katsuhiko Yoshida Director, Senior Managing Executive Officer
Phone:+81-(0)3-6758-6711
Notice Regarding Dividends on Retained Earnings
(70th Anniversary Commemorative Dividend)
MINEBEA MITSUMI Inc. (the "Company") announces that the Board of Directors meeting held on May 7, 2021 made a resolution as shown below regarding the dividends on retained earnings with the record date of March 31, 2021.
1. Details of Dividend
Most recent
Results for
dividend forecast
Amount decided
the previous fiscal year
(announced
(ended March 31, 2020)
February 5, 2021)
Record date
March 31, 2021
Same as left
March 31, 2020
22.00 yen
(Ordinary dividend
Dividends per share
14.00 yen)
14.00 yen
14.00 yen
(Commemorative
Dividend 8.00 yen)
Total dividends
8,949 million yen
―
5,717 million yen
Effective date
June 30, 2021
―
June 3, 2020
Funding for dividends
Retained earnings
―
Retained earnings
2. Reasons
Sharing profits with our shareholders is first priority at MinebeaMitsumi. That is why our basic dividend policy gives priority to enhancing equity efficiency and improving returns to our shareholders. Dividends, while reflecting performance, have been determined in light of the overall business environment and with an eye to maintaining a stable and continuous distribution of profits.
The Company will celebrate its 70th anniversary this year. In order to express our gratitude to our shareholders, we intend to make a proposal at the coming 75th Ordinary General Meeting of Shareholders in June to pay a 22-yen-per-shareyear-end dividend for the fiscal year, including the ordinary dividend of 14 yen per share and the 70th anniversary commemorative dividend of 8 yen per share.
As the Company has already paid an interim dividend of 14 yen per share, the annual dividends will be 36 yen per share, increasing by 8 yen per share from the previous fiscal year.
(Reference)
Dividends per share
Record date
Interim
Year-end
Total
Fiscal year ended March 31,2021
14.00 yen
22.00 yen
36.00 yen
Fiscal year ended March 31,2020
14.00 yen
14.00 yen
28.00 yen
＃＃＃
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Minebea Mitsumi Inc. published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2021 09:28:19 UTC.
MinebeaMitsumi Inc. is one of the world's leaders of design, manufacturing and marketing of high precision equipments and components for telecommunications, aviation, automotive industry and electronic sectors. Net sales break down by family of products as follows:
- semiconductors, optical devices, mechanical and electrical components (38.2%);
- electronic devices and components (33%): lighting devices for LCD screens, hard disk drives, special devices, etc.;
- machined components (15.8%) : ball bearings, pivots, spherical bearings, fasteners, couplers, magnetic brakes, etc.;
- automotive, industrial machinery and building components (12.9%);
- other (0.1%).
MINEBEAMITSUMI INC. 
