FINWIRES · TerminalLIVE
FINWIRES

TYO:6479

5 stories mentioning TYO:6479Updated 12h ago

Every FINWIRES story that references TYO:6479, newest first.

Asia

Minebea Mitsumi's Fiscal Q1 Profit Surges 96%

Minebea Mitsumi (TYO:6479) recorded a 96% rise in attributable profit in the first fiscal quarter to 21.3 billion yen from 10.9 billion yen a year prior.Earnings per share were 53.03 yen, up from 27.11 yen in the year-ago period, according to a Wednesday Tokyo bourse filing.The machinery parts manufacturer's net sales increased 16% to 426.6 billion yen from 366.9 billion yen previously.The company forecasts an attributable profit of 87 billion yen, basic EPS of 216.64 yen, net sales of 1.69 trillion yen, and a total dividend of 60 yen per share for the fiscal year ending March 31, 2027.

TYO:6479
Research

Phillip Securities Upgrades Minebea Mitsumi to Neutral from Sell; Price Target is 4,130 Yen

Minebea Mitsumi (TYO:6479) has an average rating of overweight and mean price target of 4,812.67 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:6479
Asia

Minebea Mitsumi to Invest 58 Billion Yen to Boost AI Data Center Bearing Production

Minebea Mitsumi (TYO:6479) will invest 58 billion yen to expand precision bearing production for AI data center cooling and storage equipment, as AI demand spreads to the broader components sector, Nikkei Asia reported on Monday, citing chairman and CEO Yoshihisa Kainuma.The Japanese manufacturer plans to raise overall bearing capacity by about 30% to over 500 million units per month through investments in Southeast Asian production bases, the news daily said.Kainuma said the company will build a new factory within an existing complex, with Cambodia and Thailand under consideration, featuring advanced equipment to improve efficiency by roughly 60%, the publication said.Construction is slated to begin this year, with production expected to start as early as fiscal 2028, the report said.

TYO:6479
Research

Phillip Securities Downgrades Minebea Mitsumi to Sell from Neutral; Price Target is 4,130 Yen

Minebea Mitsumi (TYO:6479) has an average rating of overweight and mean price target of 4,626 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:6479
Asia

Market Chatter: MinebeaMitsumi Expands Cambodia Operations With New Lidar Plant

MinebeaMitsumi (TYO:6479) plans to develop Cambodia into a strategic production hub, using a new plant to export lidar components for autonomous driving systems to the U.S, Nikkei reported Tuesday.The facility in Pursat province has begun partial operations, with output set to rise alongside demand for high-precision sensors, according to the report.The company aims to move beyond a "Thailand plus one" approach, even as border disruptions with Thailand raise logistics costs, the report said.It is seeking alternative suppliers in Vietnam and China, while maintaining stable operations at its Cambodian sites, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:6479

Track with the FINWIRES app suite

FolioX
FolioX
Track TYO:6479 in your portfolio
WheelAI
WheelAI
Analyze TYO:6479 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on TYO:6479